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Imports registered flat growth in July

The amount of goods shipped in from abroad registered flat growth in July, reflecting a region-wide slowdown in imports, the National Economic and Development Authority (Neda) reported Thursday.

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

Taiwan food imports with ‘gutter oil’ recalled

By
SCREENGRAB from www.fda.gov.ph

The Food and Drug Administration (FDA) has announced that importers and distributors have agreed to pull out from the domestic market food items that were sourced from Taiwanese companies that are believed to have purchased oil products tainted with recycled waste oil or “gutter oil.”

Posted: September 18th, 2014 in Latest Business Stories | Read More »

Substandard tiles, plywood finding way to market

By
flywood

The Department of Trade and Industry (DTI) and the Bureau of Customs (BOC) have warned the public of the proliferation of substandard tiles and plywood, after initial investigations showed that certain import shipments were released without the required clearances.

Posted: August 28th, 2014 in Headlines,Latest Business Stories | Read More »

Imports shrank 9.6% to $4.8B in May on lower oil shipments

Imports contracted by nearly a tenth in May as the entry of commodities, particularly food and fuel, declined, although officials were hopeful that optimism in the business sector would translate into a recovery next year.

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

Vehicle sales grew by 21% to 2,973 units in June—AVID

By
FILE PHOTO

Local vehicle importers and distributors continued their “winning streak” in June as sales grew by 21 percent to 2,973 units, driven largely by the double digit growths posted by both the passenger car and light commercial vehicle segments.

Posted: July 17th, 2014 in Latest Business Stories | Read More »

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