Tag: trade deficit

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Trade deficit widens to USD4.13B in March

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

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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Community-based tourism program highlights deeper Bohol experience

A community-based tourism (CBT) program in Bohol is showcasing a more immersive way to experience the province beyond its well-known attractions.

LG Philippines collects 1.2 tons of e-waste for Earth Day 2026

LG Electronics Philippines (LGEPH) marked Earth Day 2026 with an employee-led e-waste collection drive, gathering about 1,200 kilograms of discarded electronic items from March 31 to April 21.

Women entrepreneurs drive economy but need more support to scale

Filipina entrepreneurs—many of them mothers—play a major role in the Philippine economy, owning 66 percent of existing businesses and 62 percent of newly registered enterprises. Despite this strong presence, many women-led micro, small, and medium enterprises (MSMEs) struggle to grow due to limited access to funding, low digital adoption, and the challenge of balancing business and family responsibilities.

HSMA offers early booking travel savings

Travelers grappling with rising fuel costs and volatile airfares are getting a timely alternative: book early and secure steep discounts. The Hotel Sales and Marketing Association (HSMA) has shifted its annual Summer Online Sale (SOS) to an earlier April–May window, positioning the campaign as a practical hedge against mounting travel expenses.

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