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‘Raising import duties on paper to hurt students most’

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INQUIRER FILE PHOTO

Millions of Filipino schoolchildren may end up having to pay more for their school supplies come June if the government decides to impose higher tariffs on imported paper used in the local production of books, notebooks, pad paper and similar items.

Posted: March 30th, 2014 in Latest Business Stories | Read More »

Philippine imports surge 22% in sign of rising growth

Growth-sign

Philippine imports surged 21.8 percent in January, their highest level in nearly three years, with imports of raw materials indicating further upward momentum for one of Asia’s fastest growing economies, the government said Tuesday.

Posted: March 26th, 2014 in Latest Business Stories | Read More »

BOC charges PH’s second largest steel importer with misdeclaration of taxes

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Customs Commissioner John Phillip Sevilla. INQUIRER.net FILE PHOTO

No amount of guise could hide the country’s second largest steel importer from the law enforcement of the Bureau of Customs.

Posted: March 14th, 2014 in Latest Business Stories | Read More »

Gov’t considers shipping in 800,000 MT of rice this year

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The government is looking to import 800,000 metric tons (MT) of milled rice this year to help stem rising prices and stabilize the domestic supply.

Posted: March 12th, 2014 in Headlines | Read More »

Gov’t will continue to import rice, says DA exec

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The government is set to continue importing milled rice this year even as the country renews its push for self-sufficiency, according to Agriculture Secretary Proceso J. Alcala. INQUIRER FILE PHOTO

The government is set to continue importing milled rice this year even as the country renews its push for self-sufficiency, according to Agriculture Secretary Proceso J. Alcala.

Posted: March 7th, 2014 in Latest Business Stories | Read More »

Imports up 0.5 % in November

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AP FILE PHOTO

The country’s merchandise imports grew by 0.5 percent in November from a year ago amid expectations of improving demand in the months ahead.

Posted: January 24th, 2014 in Latest Business Stories | Read More »

Donated relief goods exempt from import duties

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Customs Commissioner Ruffy Biazon: Blames corruption. INQUIRER.net FILE PHOTO

Donated relief goods are exempted from import duties provided they are properly consigned to the Department of Social Welfare and Development (DSWD) or to any DSWD-accredited organization, according to Customs Commissioner Ruffy Biazon.

Posted: November 16th, 2013 in Latest Business Stories | Read More »

PH to import 187,000 tons of rice as buffer stock

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The Philippines is set to import 187,000 metric tons of rice as buffer stock for this year’s lean season, Agriculture Secretary Proceso Alcala said on Thursday.

Posted: March 15th, 2013 in Headlines | Read More »

China sees gloomy 2013 foreign trade environment

CHINA FUNDS. The Chinese government has offered to fund, through its official development assistance, important infrastructure projects, which the government is embarking on to address inadequacy.

China said Tuesday it faces a bleak foreign trade environment in 2013 due to ongoing global economic weakness, as the Asian export powerhouse appears set to miss this year’s trade growth target.

Posted: December 18th, 2012 in Latest Business Stories | Read More »

Ban on 6 S. Korea noodle brands stays pending tests—DOH

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doh

The importation ban on six South Korean noodle products will remain in place until government tests show that they are safe for public consumption, Department of Health (DOH) officials said Wednesday.

Posted: November 7th, 2012 in Latest Business Stories | Read More »

BoC urged to probe China steel shipments

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The Department of Trade and Industry (DTI) is looking into allegations that steel product importers in the Philippines are colluding with Chinese exporters in misdeclaring products to cut costs.

Posted: October 2nd, 2012 in Headlines | Read More »

PH steelmakers rail against China imports

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Filipino steelmakers are complaining about the importation of Chinese steel products which they believe threaten to kill the local steelmaking industry.

Posted: September 10th, 2012 in Editor's Pick,Headlines | Read More »

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