Search results
1 day ago · The Philippines' decision to ramp up ties with Japan and the United States at a recent summit was a "sovereign choice" for the country, its foreign ministry said on Thursday in response to China's ...
1 day ago · The Philippines and New Zealand agreed to elevate bilateral ties and cooperate on maritime security, the two nations’ leaders said, amid growing tensions in the South China Sea between Manila ...
Jan 11, 2024 · January 11, 2024. THE Philippines is aiming to grow its exports by at least 10 percent in 2024, according to the Department of Trade and Industry (DTI). “Based on market projections, without any ...
People also ask
Which European Union is the Philippines' fourth largest trade partner?
Will EU & Philippines resume free trade negotiations?
When did Manila and Seoul start the bilateral FTA?
Why is DTI resuming FTA negotiations in the Philippines?
- What’s New
- Why This Matters
- What An Analyst Says
External trade rose 16.2% year-on-year to $17.03 billion in April, data from the Philippine Statistics Authority showed. This was slower than the 18.7% annual growth rate in March. Data showed exports grew 6% year-on-year to $6.13 billion in April, marking its 14th straight month of growth. However, sales of electronic products, the country’s top e...
Trade on the mend is a welcome development as the country looks to bounce back from a historic economic meltdown induced by the pandemic. By all accounts, trade regained much of its pre-pandemic vigor last year as it finished 2021 with better figures.
For Nicholas Antonio Mapa, senior economist of ING Bank in Manila, ongoing work disruptions in China, and Russia's continued invasion of Ukraine will continue to unsettle global supply chains. This, in turn, is expected to fan inflation at home. "Work stoppages in China and the ongoing conflict in Ukraine are likely to keep supply chains snarled an...
Dec 31, 2023 · MANILA – The Philippines added two new free trade agreements (FTAs) this year, the Regional Comprehensive Economic Partnership (RCEP) and its trade pact with South Korea, to ease barriers to trade and investments and boost commercial ties among partners. RCEP entered into force in the Philippines on June 2 following the Senate’s concurrence ...
3 days ago · Tensions between the Philippines and China over competing maritime claims have added to pressures on the peso that has slumped to a seven-month low, and “an escalation would be a big concern ...
