Upgraded ASEAN-China FTA protocol effective Aug in PH

The protocol upgrading the economic cooperation agreement between the Association of Southeast Asian Nations (ASEAN) and China will be implemented next month, according to…

Incentives needed to strengthen BIMP-EAGA transport routes—MinDA

A policy package for potential investors is being proposed to ensure transport linkages within the Brunei Darussalam, Indonesia, Malaysia, Philippines-East ASEAN (Association of Southeast…

PH MSMEs fare better when exporting to non-ASEAN countries—PIDS report

Philippine micro, small, and medium enterprises (MSMEs) exhibit better survival rates when they export to non-Association of Southeast Asian Nations (ASEAN) countries than to ASEAN…

ASEAN firms stand to gain from trade war if they act now—trade and customs expert

The Philippines and other Association of Southeast Asian Nations (ASEAN) member-states could benefit from the ongoing trade war between China and the US, but…

Duterte forms council to revive barter trade

Philippine President Rodrigo Duterte has created a council that will revive the ancient trade of barter in Mindanao to spur growth in the region.…

PH inks ASEAN protocols amending ATIGA, boosting services sector

Association of Southeast Asian Nations (ASEAN) economic ministers (AEM) have signed the First Protocol to amend the ASEAN Trade in Goods Agreement (ATIGA), a…

Stronger links between ASEAN and Russian customs agencies urged

Philippine Finance Secretary Carlos Dominguez III has called for closer cooperation between the Russian Federation and the Association of Southeast Asian Nations (ASEAN) in…

20 state agencies for linkup to TradeNet by midyear

A total of 20 Philippine government agencies will be connected to TradeNet—the government’s online platform for the application of permits for imports and exports—by…

SG pledges more than $185M in investments to PH

The Philippines has received US$185.7 million worth of investment pledges from Singapore that will provide 1,920 job opportunities and strengthen the two countries’ trade…

EO identifying DOTr as overseer of MTOs almost ready

The draft executive order (EO) that will designate the Department of Transportation (DOTr) as the Philippines’ competent national body that will oversee multimodal transport…

Bangsamoro areas, BIMP-EAGA prodded to restore barter trade

The Mindanao Development Authority (MinDA) is backing plans to revive barter trading, particularly between Bangsamoro areas and the Brunei Darussalam, Indonesia, Malaysia, the Philippines-East…

New ASEAN sec gen starts official term

Dato Lim Jock Hoi from Brunei Darussalam is the new secretary-general (SG) of the Association of Southeast Asian Nations (ASEAN), succeeding outgoing Le Luong…

Lower House urges revival of travel tax exemption in BIMP-EAGA

The House of Representatives has adopted a resolution calling on Philippine President Rodrigo Duterte to renew the policy that grants travel tax exemptions to…

PH exports up 4.3%, imports by 1.7% in Sept

The National Economic and Development Authority (NEDA) expressed support for regional cooperation initiatives that will reduce trade costs and further boost Philippine trade, which…

Integration Non-Stop

  Today marks the beginning of the 31st ASEAN Leaders’ Summit, marking fifty years since the founding of the regional community, and the culmination…

TPP deal resuscitated without US

The remaining 11 member countries of the Trans-Pacific Partnership (TPP) announced on November 11 they will proceed with the free trade deal even without…

Lack of infra, onerous processes hinder ASEAN economic integration

Inadequate physical facilities, cumbersome procedures, and varying international business standards are the major stumbling blocks in sustaining the free flow of goods among Association…

PH trade chief seeks stronger ASEAN stance against NTBs

Philippine Trade Secretary Ramon Lopez is calling on trade ministers from the Association of Southeast Asian Nations (ASEAN) to take measures to facilitate resolution…

P129M investment in Polloc Freeport to accelerate Mindanao progress

Mindanao’s economic development will get a boost from the recent registration by port services operator Bangsamoro Terminal Services, Inc. (BTSI) with the Regional Board…

PH external trade shrinks in June after 10 months of expansion

Tapping new markets will enable Philippine trade to bounce back from its slight decline in June 2017, urges the National Economic and Development Authority…