Tag: Import

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Agricultural trade deficit widens in July

Agriculture Context.ph Context.ph -
The Philippines remained a net importer of agricultural products in July, as total import receipts continued to dwarf exports despite a double-digit surge in outbound shipments, data from the Philippine Statistics Authority (PSA) showed.

Marcos mulls rice tariff hike, import suspension

Agriculture Context.ph Context.ph -
The Department of Agriculture has recommended that President Ferdinand Marcos Jr. increase tariffs on imported rice and temporarily suspend rice importation to protect local farmers.

Trade deficit in agricultural goods narrows in May—PSA data

Top News Context.ph Context.ph -
The Philippines saw the trade deficit for agricultural goods trade narrowed in May, as exports of farm goods rise and the value of imports declined during the period.

Philippines rice imports expected to drop in Q1

Top News Context.ph Context.ph -
The total volume of rice the Philippines will import in the first quarter is likely to be significantly lower compared to the same period in 2024, as local farmers begin the harvest season and traders hold off on imports, awaiting further softening of global prices.

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Philip Morris counts Philippines as key sourcing, manufacturing hub

Agriculture 0
Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.

FAA grounds US flights over nationwide communications failure

Top News 0
The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.

Philippines flirts with stagflation as growth stalls, prices surge

Opinion 0
The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting

ASEAN digital push puts MSMEs at heart of regional growth

Economy 0
Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.

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