PH to import 187,000 tons of rice as buffer stock
By Riza T. OlchondraThe 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.
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.
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.
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.
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.
Filipino steelmakers are complaining about the importation of Chinese steel products which they believe threaten to kill the local steelmaking industry.
The Lopez-led First Gen Corp. is looking at importing natural gas from new sources abroad not only to ensure continued and stable operations of its 1,500-megawatt gas-fired power plants in Batangas but also to enable the company to pursue its 300-MW San Gabriel expansion project.
An appeal panel on Wednesday upheld a World Trade Organization ruling that the Philippines broke trade rules by imposing high excise taxes on imported liquor.
From being the top rice importer to rice exporter in a span of four years. This was the ambitious goal declared by Agriculture Secretary Proceso Alcala, who said the Philippines is on its way to become a rice exporter by 2014.
The country’s oil import bill rose to $6.34 billion in the first half of the year due to a spike in global prices. The import bill was up almost 25 percent from the $5.09 billion reported in the same period last year. Data from the Department of Energy (DoE) showed that the import cost of [...]
Philippine exports to the Japanese market rose 13.3 percent in the January-August period to almost $5.8 billion, from $5.1 billion in the same period a year ago. According to the Japan External Trade Organization (Jetro), Japan’s exports to the country slipped to $6.9 billion in the first eight months, 3.6 percent lower than the $7.2 [...]
Philippine feed millers are seeking government permission to import 100,000 metric tons of yellow corn duty-free. The typhoons and flooding that hit Southeast Asia hampered deliveries from Thailand and jacked up the prices of Philippine stocks. Yellow corn is the main ingredient in the production of livestock feeds. Yellow corn imports are slapped with a [...]
Personal computer shipments to the country reached a record 465,000 units in the second quarter, fueled by demand for entry-level 14-inch notebooks. According to research firm International Data Corp. (IDC), shipments of portable PCs outpaced desktop terminals at 274,000 units, or 59 percent of all PCs shipped during the April-June period. Desktop PC shipments stood [...]
