Tag: Export

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Philippines farm trade expands but deficit persists

The Philippines’ agricultural trade in February 2026 posted modest growth, but persistent import dependence kept the sector firmly in deficit, highlighting ongoing structural challenges in domestic food production.

Philippine exports extend rally as risks mount

The Department of Trade and Industry (DTI) is stepping up support for exporters while keeping a close watch on global developments that could disrupt trade and logistics, as Philippine exports continue their growth streak.

Philippines trade grows, deficit widens on imports surge

The Philippines’ external trade in goods rose 10.7 percent year on year to USD18.34 billion in February 2026, driven by solid export growth but a faster expansion in imports that widened the trade deficit.

Philippine farm trade gap shrinks in December

The Philippines’ agricultural trade deficit narrowed sharply in December, buoyed by a strong rebound in farm exports and a pullback in imports, offering a late-year boost to the country’s external trade position.

PEZA starts 2026 strong, new project pipeline

The Philippine Economic Zone Authority (PEZA) opened 2026 with solid investment momentum, approving 18 new projects worth P12.86 billion during its first Board meeting of the year.

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Philippines to adopt India’s UPI for digital payments

The Philippines will adopt India’s Unified Payments Interface (UPI) technology as part of a push to modernize the country’s digital payments system, starting with faster government aid disbursements through Land Bank of the Philippines and potentially extending to cross-border payments.

EastWest powers Philippine Travel Mart 2026 as official credit card partner 

EastWest wrapped up a successful run as the official credit card partner for the 2026 Philippine Travel Mart (PTM), delivering exclusive deals and flexible payment solutions to attendees throughout the three-day event. Held from September 4 to 6 at SMX Convention Center Manila, the country’s longest-running travel trade exhibition drew over 20,000 visitors and nearly 300 exhibitors featuring destinations, accommodations, tours, and travel experiences from across the Philippines.

BSP warns public vs scammers impersonating its officials, using fake accounts

The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against fraudulent schemes where individuals falsely present themselves as BSP officials or employees to deceive people.

Smart launches P99 Home WiFi SIM for affordable, flexible connectivity

Smart Communications has introduced the Smart Home WiFi SIM 99, a dedicated card designed to work with open-line home WiFi routers, as well as compatible Smart and PLDT Home WiFi devices with expired or inactive SIMs. Priced at just P99, the package includes 2GB of non-expiring data, creating an accessible option for households seeking reliable internet access.

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