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Imports jumped 21.8% to $5.8B in January

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The country’s imports rose by more than a fifth in January, pointing to the possible sustained recovery of the local manufacturing sector amid strong demand as a result of rosy business outlooks and typhoon-related reconstruction efforts.

Posted: March 26th, 2014 in Headlines | Read More »

Imports eased to $61.7B in 2013 on electronics slump

Hundreds of imported cars mostly from Japan and South Korea are parked waiting for deliveries at a Manila pier on Nov. 10, 2011. AP FILE PHOTO

The country’s imports contracted in 2013 as weak global demand prompted export-oriented firms to purchase less foreign-made inputs.

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

Accountability and P200-B smuggling loss

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In President Aquino’s last Sona message, he said the government was losing P200 billion due to smuggling. The table below shows this was not always the case. In 2004, the government lost only P26.6 billion, which dropped to P19.4 billion in 2005. From 2006 onward, it rose steadily hitting P204.3 billion in 2012.

Posted: February 18th, 2014 in Columnists,Inquirer Columns | Read More »

Imports hardly grew in November

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The country’s imports grew marginally in November amid a dampened outlook on consumer and investment demand resulting from the latest natural calamity triggered by Super Typhoon “Yolanda.”

Posted: January 24th, 2014 in Headlines | Read More »

October imports down by 8.6%

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The country’s imports fell in October from a year ago, reversing the recovery seen in the previous month, as the outlook on global demand for electronics again dimmed.

Posted: December 27th, 2013 in Headlines | Read More »

BSP scales down BOP surplus forecast

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BSP Governor Amando M. Tetangco Jr.: Room to keep rates low is ‘narrower’. INQUIRER FILE PHOTO

The country’s imports are expected to grow at a slightly faster rate next year to support demand for construction materials that would go to rehabilitation efforts in communities destroyed by Supertyphoon “Yolanda.”

Posted: December 20th, 2013 in Editor's Pick,Headlines | Read More »

China bans shellfish imports from US West Coast

AP FILE PHOTO

China has suspended imports of shellfish from the U.S. West Coast, cutting off one of the biggest export markets for Northwest companies.

Posted: December 15th, 2013 in Latest Business Stories | Read More »

Gov’t cuts PH import/export target for 2014

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NEDA logo

The government’s economic cluster has cut the country’s import and export growth target for 2014, taking into account latest indicators of global demand.

Posted: November 29th, 2013 in Latest Business Stories | Read More »

Imports jumped 7.2% to $5.71B in September

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The country’s imports climbed in September as manufacturers purchased more inputs in preparation for a Christmas season-induced increase in demand by local and foreign buyers.

Posted: November 26th, 2013 in Headlines | Read More »

PH exports up 4.9% to $5.05B in Sept.

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AFP PHOTO/JAY DIRECTO

The country’s exports in September grew from that of a year ago as global demand for electronics recovered.

Posted: November 13th, 2013 in Editor's Pick,Headlines | Read More »

Imports rose by 6.9% to $5.54B in August

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AP FILE PHOTO

The country’s imports grew in August from that of a year ago, rebounding from the contraction reported in the first half of 2013.

Posted: October 26th, 2013 in Editor's Pick,Headlines | Read More »

BFAR: Ban on live shrimp imports paying off

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The imposition of an indefinite ban on the importation of all live shrimps is paying off, as exporters cash in while the Philippines remains “uniquely” disease-free in Asia, according to the Bureau of Fisheries and Aquatic Resources.

Posted: October 13th, 2013 in Headlines | Read More »

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