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    Tag: trade deficit

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    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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    BOP swings to deficit on financial outflows

    The Philippines posted a balance of payments (BOP) shortfall of US$5.6 billion in the first half of 2025, marking a sharp reversal from the US$1.4-billion surplus in the same period last year, according to the Bangko Sentral ng Pilipinas (BSP).

    Blazing start, sudden fall: Eala out of SP Open

    Alex Eala opened her first-ever quarterfinal appearance at the SP Open in Brazil like a storm—confident, composed, and in full command.

    DOTr extends Sumitomo contract for MRT-3 rehab, maintenance

    The Department of Transportation (DOTr) has a two-year contract extension with Japanese firm Sumitomo Corp. for the continued rehabilitation and maintenance of the Metro Rail Transit Line 3 (MRT-3), ensuring the system remains efficient and reliable for commuters.

    Gov’t to pursue asset freezing in flood control corruption cases

    Public Works Secretary Vince Dizon on Friday announced that he will meet with the Anti-Money Laundering Council (AMLC) next week to discuss the freezing and eventual seizure of assets belonging to individuals allegedly involved in corruption tied to the Department of Public Works and Highways’ (DPWH) flood control projects.

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