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Overall export growth picks up

TOTAL EXPORT GROWTH accelerated to 5.1% in the third quarter from the preceding three months’ 4.3%, boosted especially by continued strong service export growth, the Department of Trade and Industry (DTI) said in a statement on Friday.

Trade chief tempers 2019 export hopes

THE DEPARTMENT of Trade and Industry (DTI) now expects overseas sales of Philippine goods to remain at last year’s level, reflecting a potential improvement from last year’s drop but still short of the already-tempered target set last July by state economic managers.

Pushing the local export industry forward

This first week of December, the Department of Trade and Industry (DTI) through the Export Marketing Bureau (EMB), together with the Philippine Exporters Confederation...

DA eyes export of coconut oil, bananas, shrimps to Russia

THE DEPARTMENT of Agriculture (DA) aims to tap the unexplored markets of Russia for possible export of coconut oil, banana and shrimps, Agriculture Secretary Emmanuel F. Piñol said on Friday.

A long history of Philippine customs excellence

Even as the Bureau of Customs celebrates its 117th year anniversary today, its task of overseeing trade in the country dates back to even...

‘Spicing’ up the export industry

Every first week of December, the Department of Trade and Industry (DTI), in collaboration with the Export Development Council and the Philippine Exporters Confederation,...

A bustling and thriving sector

By Bjorn Biel M. Beltran, Special Features Writer As a country of over 7,000 islands surrounded on all sides by waters, it’s no wonder that the...

The Philippines’ role in shipbuilding global value chain

The global shipbuilding global value chain (GVC) is enormous, with 1,664 ships weighing approximately six million gross tons and valued at $80.2 billion delivered...

Trade deficit continues to widen in February

The Philippines' trade deficit once again expanded in February as imports grew by double-digits while exports contracted during the month, the Philippine Statistics Authority...

PHL posts largest annual trade deficit in 2017; factory output slumps

By Christine Joyce S. Castañeda and Jochebed B. Gonzales, Senior Researchers THE Philippines’ trade deficit hit a new record high in December as exports contracted for...

Trade deficit widens in December

Trade deficit continued to widen in December, bringing the gap to another record high as exports contract for the first time in more than...

World Bank sees 6.7% GDP growth this year

THE WORLD BANK has raised its economic growth forecast for this year on the back of upbeat expansion in the second and third quarters. The...

Trade gap narrows on export growth, import drop

By Jochebed B. Gonzales Researcher FASTER merchandise export growth in July, coupled with a bigger decline in imports, narrowed the country’s trade balance to its smallest...

Philippines could be at risk of US sanctions for North Korea...

THE PHILIPPINES runs the risk of courting US trade sanctions for “doing business” with North Korea and the government is concerned enough to study...

Miners worried about legislative franchise, ban on ore exports

A PROPOSAL which requires miners to seek a legislative franchise and bans exports of raw ore is raising concerns within the industry, which said...

BoI Cebu OK’s first application from micro/small firm

CEBU-BASED furniture maker Maison Galuchat, Inc. has secured approval for the registration with the Board of Investments (BoI) of its P9.13-million venture that seeks...

Coconut oil exports up over 70% amid recovery from El Niño;...

COCONUT OIL (CNO) exports in the first five months of the year rose over 70% year-on-year as production of copra, the raw material from...

Diversification: The export sector's Holy Grail?

Diversification has been the Holy Grail of the export sector, as dependence on electronics (at two-thirds of the total) has rendered the Philippines' export...

Export drop persists in November, though smallest in eight months

By Kia B. Obang Senior Researcher THE DECREASE in sales of the country’s goods to foreign markets persisted in November last year in the face of...