Philippine exports soared 26 percent year-on-year in June 2025 to USD7.02 billion, driven by a sharp rise in electronic product shipments, which helped narrow the country’s trade deficit to USD3.95 billion from USD 4.34 billion a year earlier, according to data from the Philippine Statistics Authority (PSA).
The Philippines’ trade deficit narrowed to USD 3.29 billion in May from USD 4.73 billion a year earlier—an improvement also over April’s USD 3.79 billion trade gap—due to strong export growth and softer import values, the Philippine Statistics Authority (PSA) reported Friday.
The Philippine trade deficit widened further to USD4.13 billion in March, as export growth failed to keep pace with the double digit expansion in imports, the Philippine Statistics Authority said Wednesday.
The Bank of the Philippine Islands (BPI) on Sunday held its #BestLifeRun 2026 Corporate Race along Ayala Avenue, Makati City, gathering more than 10,000 runners from over 200 companies and 50 running clubs.
The Department of Agriculture (DA) has begun fulfilling fresh pineapple orders from the United Arab Emirates (UAE), marking a major push into the Middle East market and reopening key trade routes despite ongoing logistical challenges.
Consumers can expect mixed fuel price adjustments this week, with gasoline set to become cheaper while diesel rates will climb, according to a local fuel retailer. Based on global trading averages from the past week, gasoline prices are projected to fall by P1.50 to P2 per liter, while diesel costs are seen rising by P3 to P3.50 per liter.
The Securities and Exchange Commission (SEC) has streamlined the country’s securities borrowing and lending framework by assigning all administrative functions to the Philippine Stock Exchange (PSE), aiming to create a more efficient and integrated short selling market.