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Trump scores his first revised trade deal, with South Korea

President Donald Trump secured his first revamp of a US trade deal, after reaching an agreement this week with South Korea that would allow...

China asks US to offset trade loss due to metal tariffs

China asked the US to provide compensation for lost trade due to President Donald Trump’s proposed tariffs on steel and aluminum, in a preliminary...

US-China trade fight depends on Trump goals

WASHINGTON -- How bad will the US-China trade fight get? That depends on whether President Donald Trump will settle for a reduction in China’s...

China’s hitting the US where it hurts — in the pork...

China struck back at US import tariffs with its own set of reciprocal ones targeting, among other products, pork. The world’s biggest pork producer, consumer...

Trump planning to impose $50 billion in China tariffs — source

President Donald Trump is set to announce about $50 billion of tariffs against China over intellectual-property violations on Thursday, according a person familiar with...

China pledges action on tech transfer as Trump plans tariffs

China made further promises to protect the intellectual property of foreigners investing in its economy, addressing a long-standing grievance as U.S. President Donald Trump...

DTI chief cites opportunity to tap fast-growing China market in Shanghai...

The Department of Trade and Industry (DTI) is expecting increased trade between the Philippines and China through the China International Import Expo (CIIE) which...

Trade gap continues to widen as imports outpace exports in January

THE Philippines’ trade deficit continued to widen in January with imports rising by double-digits amid flat exports growth. Preliminary data released yesterday by the Philippine...

DTI open to lowering capital threshold for foreign retail business owners

THE DEPARTMENT of Trade and Industry is open to lowering the paid-up capital threshold for foreigners to own retail businesses in the country to...

Customs bureau forges data exchange deal with China

THE Bureau of Customs (BoC) has forged a data exchange arrangement with its counterparts in China, as the government eyes to improve safeguards versus...

Gov’t looking to ease business processes

By Arra B. Francia, Reporter THE Department of Trade Industry (DTI) looks to enhance the ease of doing business in the country with the use...

DTI: Free trade deal with EFTA states means more investments

The Department of Trade and Industry is expecting more investments coming from four European countries after the senate on Monday ratified the Philippines-European Free...

Global economic upswing knocked back by Trump’s trade-war threat

Investors are worried that Donald Trump will derail world growth. An announcement last week of tariffs on imported steel and aluminum triggered a slide in...

Philippines, Turkey sign MOUs on agriculture, investment promotion

The Department of Foreign Affairs (DFA) reported on Monday, Feb. 26, that the Philippines and Turkey had signed two bilateral agreements on agriculture and...

DTI reports progress in free trade talks with US

The Department of Trade and Industry is expecting to see a considerable progress within one to two years amid the country's attempt to seal...

US eyes heavy tariffs on China, Russia to counter steel, aluminum...

The US Commerce Department said Friday it recommended imposing tariffs on China, Russia and other countries to counter a global glut in steel and...

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...

Exports contract in December

Merchandise export sales contracted in December due to declines posted by four out of the top ten commodities for the month, the government reported...

Duterte’s passage to India yields 9 investment deals

By Arjay L. Balinbin THE PHILIPPINES has inked nine investment agreements with Indian corporations, Trade Secretary Ramon M. Lopez said on Thursday, Jan. 25, amid...

Trump shows allies not shielded from ‘America First’ trade moves

HONG KONG -- A long-standing security alliance is not enough to protect countries from US President Donald Trump’s first big protectionist move. The Trump administration’s...

SBITC sees better performance this year

SUBIC BAY International Terminal Corp. (SBITC) sees its performance improving this year, buoyed by both the government and private sector’s interest to invest in...

PEZA fails to meet investment growth goal

THE Philippine Economic Zone Authority (PEZA) failed to meet its investment target for 2017 due to expansion delays. The PEZA reported on Friday that it...

Agriculture trade deficit narrows in Q3

By Mark T. Amoguis, Researcher THE TRADE DEFICIT in agriculture commodities narrowed in the third quarter, the Philippine Statistics Authority (PSA) said on Friday. Data from...

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...

BoI approves incentives for renewable energy projects

THE Board of Investments on Friday approved tax incentives for nine renewable energy projects worth P26.7 billion under the Investments Priorities Plan 2017. In a...

Trump’s trade barbs push Asian nations closer to China’s orbit

NEW DELHI/SEOUL -- For years, smaller nations in Asia have looked to the US to provide a counterweight to an increasingly powerful China. Under President...

China, PHL make strong pitch for reaffirmed ties

By Minde Nyl R. dela Cruz THE PHILIPPINES and China held bilateral talks on Wednesday, Nov. 15, and signed 14 agreements during what President Rodrigo...

Security, integration top ASEAN dialogue concerns

THE FOLLOWING are the outcomes of the Association of Southeast Asian Nations (ASEAN) dialogues with its global partners at the 31st ASEAN Summit: HONG KONG:...

ASEAN claims ‘significant progress’ on RCEP

THE Association of Southeast Asian Nations (ASEAN) has achieved many of the items on its economic agenda and made major progress in bringing forward...

ASEAN: Delusions of integration

By Eduardo C. Tadem As the ASEAN marks its 50th year, it is time to examine its record in terms of its goals and objectives...

Burned Southeast Asia craves Trump love after trade rebuff

Donald Trump is more popular in Southeast Asia than almost anywhere else. After years of being chided by Barack Obama over human rights, some of...

Do you know your TPPs from your RCEPs, NAFTAs and OBORs?

Danang, Vietnam -- In the world of trade diplomacy, the acronym is king. As world leaders descend on the Vietnamese city of Danang for the...

Eyes on Philippines as it winds down stint at region’s helm

By Maria Eloisa I. Calderon Editor-at-Large THE PHILIPPINES’ stint as chairman of the Association of Southeast Asian Nations (ASEAN) this year is winding down: the bloc’s...

ASEAN, HK sign free trade, investment deals

THE Association of Southeast Asian Nations (Asean) and Hong Kong on Sunday signed a free trade agreement (FTA), enhancing the Special Administrative Region’s position...

Without the US, the TPP is back but for how long?

On sidelines of the APEC summit in Danang, Vietnam, the remaining 11 contracting parties of the Trans-Pacific Partnership deal or TPP are expected to...

Talks for TPP agreement reach critical point as APEC meets

DANANG, VIETNAM -- Talks on pushing ahead the Trans-Pacific Partnership (TPP) trade deal without the United States reached a critical point on Thursday as...

Lapeña: ‘Massive gap’ in Philippine-China trade data caused by smugglers

By Melissa Luz T. Lopez, Senior Reporter THE Bureau of Customs zeroed in on gross misdeclaration of goods imported from China as the reason behind a...

TPP talks sans US near homestretch

URAYASU, JAPAN -- The 11 remaining nations in the Trans-Pacific Partnership (TPP) without the United States edged towards sealing a comprehensive free trade pact...

Banana exporters ask gov’t to improve access to key markets

By Maya M. Padillo and Carmencita A. Carillo Correspondents DAVAO CITY -- Banana exporters said the government must help improve access to key markets in the...

Faves at FAME

TASSELS, FEATHERS, pompoms, and colors dominated Manila FAME’s fashion halls at the World Trade Center last week. Following global trends in clothes and fashion...

Balance of payments returns to surplus in September

By Elijah Joseph C. Tubayan, Reporter THE PHILIPPINES’ external payments position went back to a surplus in September after recording a deficit in four straight...

DTI eyes upward export growth

THE Department of Trade and Industry is eyeing a steady growth in exports within the next five years on the back of the economy’s...

Trade chief affirms PHL-EU ties following Duterte outburst

By Rosemarie A. Zamora FOLLOWING the tirades by President Rodrigo R. Duterte made against the European Union (EU) on Thursday Oct. 12, Trade Secretary Ramon...

DBS estimates August imports declined 4.9% amid weak peso

By Melissa Luz T. Lopez, Senior Reporter IMPORTS likely contracted for the third straight month, with the decline expected to be sustained for the rest of...