Tag: trade deficit

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Trade deficit widens to USD4.13B in March

Top News Context.ph Context.ph -
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.

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

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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

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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Singapore firms explore Philippine investments through DTI mission 

Trade & Investments 0
The Philippines is stepping up efforts to attract more Singaporean investments, with the Department of Trade and Industry (DTI) lining up a business mission that aims to convert growing investor interest into projects across manufacturing, digital services, agribusiness, and other high-growth industries.

Philippine inflation eases as transport costs cool prices

Economy 0
Philippine inflation slowed for a second straight month in July, reinforcing expectations that price pressures are gradually easing even as households continue to grapple with elevated costs for food, electricity and transport.

VinFast EV rentals cut costs for aspiring TNVS drivers

Transport & Logistics 0
VinFast Philippines and Green GSM Philippines are positioning their Rentapasada program as a lower-cost path into the ride-hailing business, using electric vehicles to reduce both the upfront investment and day-to-day operating expenses that often discourage aspiring TNVS drivers.

Globe rides data, GCash strength despite lower profits

Corporate 0
Globe Telecom shrugged off a tougher economic backdrop to post record second-quarter revenues, with surging demand for mobile data, fiber broadband and enterprise digital services cushioning an earnings decline due largely to one-off items.

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