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A thriving investment hub

Serving as the center of commerce, trade, tourism, and finance in the Southern Philippines, the city of Davao positions itself as one of the country's...

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...

DTI to investigate surge in ceramic floor, wall tiles imports

THE Department of Trade and Industry (DTI) will conduct a preliminary investigation on the surge in imports of ceramic floor and wall tiles after domestic manufacturers said these excessive shipments are hurting the local market.

Global trade and the Philippine economy

Much talk has been made recently about rising trade tensions putting a hamper on global economic growth among businessmen and financial experts. Releasing a...

At the crossroads

The ongoing trade tension between the United States (US) and China — the world’s two largest economies — continues to intensify as they wrangle...

ASEAN leaders to push for ‘early conclusion’ of RCEP talks —...

THE Department of Foreign Affairs (DFA) on Friday said the leaders of the Association of Southeast Asian Nations (ASEAN) will push for the “early conclusion” of negotiations on the Regional Comprehensive Economic Partnership (RCEP) during the 33rd ASEAN Summit and Related Summits in Singapore from Nov. 13 to 15.

IFAD to invest $63.5 million in agricultural enterprises

THE International Fund for Agricultural Development (IFAD) will invest $63.5 million to support agriculture-based micro and small enterprises in 20 provinces across Eastern Visayas and Mindanao.

The drivers of change in global logistics

As an industry mostly concerned with speed, global logistics, which comprises of a wide range of business from container shipping, courier companies, port operators,...

Trade gap widens on import surge

By Carmina Angelica V. Olano, Researcher FLAT merchandise export sales and inbound foreign goods’ continued surge caused the country’s trade gap to widen further in...

DTI invites PACC to help craft EoDB Act’s implementing rules

THE Department of Trade and Industry (DTI) has urged the Philippine Anti-Corruption Commission (PACC) to take part in the crafting of the Ease of Doing Business law’s implementing rules and regulations (IRR) after the former criticized the “delay” in its completion.

Philippines, Israel forge agreements on labor, science, and trade

By Arjay L. Balinbin, Reporter The Philippines and the State of Israel on Monday, Sept. 3, signed bilateral agreements on labor, science, and trade, Malacañang...

Government outlines target bilateral deals with Israel and Jordan

President Rodrigo R. Duterte is expected to sign agreements on labor, defense, trade and investment, and other bilateral deals with the governments of Israel...

US-Mexico trade talks progressing but no breakthrough with China

Washington, United States -- US officials holding a two-front battle in President Donald Trump's bid to revise major trade ties made progress with Mexican...

US-China trade war hits $100 billion in goods

Washington -- From Harley-Davidson motorcycles and American bourbon to Chinese parts and machinery, the world's two largest economies have exchanged punitive tariffs that slice...

What’s next in the trade war? Key US-China events to watch...

China and the US resume trade talks this week, ending the hiatus after an earlier deal collapsed in May. Fresh rounds of tariffs on each...

Starbucks boycott? Nike shutdown? China holds trade war leverage

America’s corporate bosses could be excused if they don’t agree with President Donald Trump’s boasts that a trade war is “ easy to win.”...

China, unsure of how to handle Trump, braces for ‘new Cold...

Perhaps nowhere outside America’s heartland is Donald Trump given more credit than in Beijing. In government offices and think tanks, universities and state-run newsrooms, there...

China-US to resume low-level talks in bid to resolve trade war

China will dispatch Vice Commerce Minister Wang Shouwen to the U.S. for low-level trade talks in late August, the first official exchanges since earlier...

China prepared for long trade war with US, state media says

After a weekend of claims by U.S. President Donald Trump that he has the upper hand in the trade war with China, Beijing responded...

Trade dep’t asks PCC to look into ‘excessive’ fees by foreign...

The Department of Trade and Industry has requested the Philippine Competition Commission (PCC) to look into "excessive" charges imposed by foreign shipping lines to...

Philippines’ top trading partners for imports (May 2018)

By Mark T. Amoguis, Researcher The country's main source of merchandise goods in May was China, cornering 20.3% of the total import bill that month....

Philippines’ top trade partners for exports (May 2018)

By Mark T. Amoguis, Researcher The United States was the top market of Philippine-made products in May, contributing $840.15 million to total exports. It was...

China’s economy slows as expected with trade war dimming outlook

China’s economic expansion slowed in line with expectations, signaling broadly stable output as the trade conflict with the US intensifies. Gross domestic product increased 6.7%...

Some US manufacturers feeling trade war pinch: survey

Washington -- Some US manufacturers are delaying investments and raising prices as President Donald Trump escalates trade wars with key US economic partners but...

EU urges big powers to avert trade ‘conflict and chaos’

Beijing, China -- The European Union called Monday on the United States, China and Russia to work together to cool worsening global trade tensions,...

BoI, JICA sign deal with Jobstreet, TIP on automotive industry

THE Board of Investments (BoI) and Japan International Cooperation Agency (JICA) have signed a memorandum of agreement (MoA) with the Technological Institute of the Philippines (TIP) and Jobstreet Philippines to improve linkages between higher education and the automotive industry.

Handbags and cameras hit as Trump tariffs target consumers

The Trump administration’s promise to keep consumer products out of the trade war -- so shoppers wouldn’t take a hit -- may be falling...

Trade gap widens as exports decline for fifth straight month

Exports declined for the fifth straight month in May while imports grew by double-digits, reported the Philippine Statistics Authority Tuesday morning. Exports declined by 3.8%...

China’s tariff response takes effect after Trump ignites trade war

President Donald Trump threatened to impose tariffs on every single Chinese import into America as the world’s two largest economies exchanged the first blows...

Goldman says buy commodities as trade war concerns overblown

Commodity bull Goldman Sachs Group Inc. has poured cold water on the notion that a trade war between the U.S. and China represents a...

China says US tariffs to backfire, damaging the whole world

The US imposition of tariffs on $34 billion of China’s exports will not only hurt China, but the US itself and the rest of...

Zamboanga-Kalimantan sea transport service being considered

DAVAO CITY — A sea transport service linking Kalimantan and Zamboanga is being eyed to boost trade and tourism between Indonesia and the Philippines, according to Indonesian Consul General Berlian Napitupulu.

Goldman, Citi hunker down as trade war hits emerging markets

Some of the world’s largest money managers soured on emerging markets as compounding trade threats deepened the worst monthly rout for developing currencies since...

BSP banks on BPO, tourism for trade boost

REVENUES from business process outsourcing (BPO) and tourism will buoy the country’s external trade balance this year as these industries are expected to grow by a tenth, the central bank said.

Top domestically-traded commodities in the Philippines (as of Q1 2018)

By Jochebed B. Gonzales, Senior Researcher Government data showed that the total value of domestic trade increased 6.1% to P174.88 billion in the first quarter...

Where does the Philippines sell most of its exported goods?

By Carmina Angelica V. Olano, Researcher US, Hong Kong and Japan continued to be the Philippines' top export destinations, accounting for 45% of total exports in...

Steel drops most since March as metals tumble on trade war...

Steel and iron ore plunged the most since March on escalating fears over a global trade war as China vowed to retaliate after President...

China accuses Trump of ‘blackmail’ after new tariffs threat

Beijing, China -- Beijing on Tuesday accused Donald Trump of "blackmail" and warned it would retaliate in kind after the US president threatened to...

Duterte: You cannot scare China

By Arjay L. Balinbin, Reporter President Rodrigo R. Duterte on Monday, June 18, defended the People’s Republic of China amid criticisms arising from the South...

Germany says `isolationist’ Trump opens global power vacuum

German Foreign Minister Heiko Maas called on the European Union to unite and fill the void left by the U.S. drawback from global agreements...

Malaysia’s Mahathir says growing economies need trade protection

TOKYO -- Growing nations like Malaysia need different trade protections and, while Kuala Lumpur is not against trade pacts such as the Trans Pacific Partnership, the TPP must be renegotiated, Malaysian Prime Minister Mahathir Mohamad said on Monday.

Trade remains a drag in April as exports drop to lowest...

THE country’s trade deficit expanded in April on account of declining merchandise exports and a double-digit surge in inbound shipments, the government reported on Friday.

Trade gap widens as exports drop to its lowest in almost...

The Philippines' trade deficit expanded in April as imports grew by double-digits while exports contracted for the fourth straight month, the Philippine Statistics Authority...

Asia sees China and United States as threats to rules-based order

LONDON -- For many US allies, Secretary of Defense James Mattis is the last of the Trump administration’s so-called grown-ups in the room.

Philippines, South Korea sign five bilateral deals

By Arjay L. Balinbin, Reporter The governments of the Philippines and South Korea on Monday, June 4, marked their long-standing friendship by forging at least...