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    Tag: trade deficit

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    Trade deficit narrows sharply in February, but U.S. tariff threat looms

    The country's trade deficit narrowed significantly in February 2025 to USD 3.2 billion, down from USD5.1 billion in January and USD3.6 billion in the same month last year, according to data released by the Philippine Statistics Authority.

    Agricultural trade deficit widens amid strong export growth

    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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    RestoRUN: The day the Philippines took Michelin for a  food trip

    The Department of Tourism on Friday, December 5, didn’t just tap the global culinary world on the shoulder—it grabbed it by the lapels and declared, “Fasten your seatbelts. The Philippines is serving greatness.”

    Netflix makes historic USD83B power play, buys Warner Bros

    Netflix’s bold move to acquire Warner Bros. from Warner Bros. Discovery (WBD) in a USD82.7-billion cash-and-stock deal sent shockwaves through Hollywood on Friday, along with a jolt of anxiety on Wall Street.

    Hybrids power Honda’s Philippine push forward 

    Honda Cars Philippines Inc. is stepping on the accelerator as demand for its electrified lineup surges, with hybrid sales nearly doubling in 2025. President Rie Miyake called the uptick the start of “a new phase” in Honda’s local electrification drive.

    Foreign reserves climb to US$111.1B in November

    The country’s gross international reserves rose to $111.1 billion at end-November 2025, up from $109.7 billion in October. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) show the reserves can cover 7.4 months of imports, far above the standard three-month safety benchmark, signaling strong economic resilience.

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