Tag: imports

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Philippines trade gap narrows in May on strong export growth

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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.

Trade deficit widens to USD4.13B in March

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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.

Agricultural trade deficit widens amid strong export growth

Agriculture Context.ph Context.ph -
The Philippines' agricultural sector saw a rise in export revenue in February 2025, totaling USD691.92 million—up 21 percent from the previous year's USD572.32 million.

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GCash ditch SMS codes in major anti-fraud push

Communications & Technology 0
GCash will complete its transition from SMS-based one-time passwords (OTPs) to in-app authentication by June 22, marking a major cybersecurity upgrade aimed at protecting millions of users from phishing attacks and online fraud.

AmCham backs pork imports, seeks review of MAV rules

Trade & Investments 0
The American Chamber of Commerce of the Philippines (AmCham) has thrown its support behind the government's efforts to boost pork supply and curb rising food costs, while urging authorities to suspend and reassess newly issued import allocation guidelines that it says could disrupt established supply chains.

BOI Keeps Investment Lead Despite First-Quarter Slump 

Trade & Investments 0
The Board of Investments (BOI) retained its position as the country's top investment promotion agency in the first quarter of 2026, accounting for nearly half of all approved investments despite a sharp decline from the record levels posted a year earlier.

Malacanang not involved in Davao garbage collection suspension; order issued regionally after fatal trash slide 

Environment 0
The Department of Environment and Natural Resources (DENR) Region XI on Friday firmly dismissed false reports claiming President Ferdinand R. Marcos Jr. ordered the suspension of garbage collection in Davao City. Officials clarified the measure was a purely regional decision, with no input or direction from the President.

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