PH April imports up 29% on back of higher purchases of capital goods

Philippine imports grew 29.2% in April 2016 from a year ago due to double-digit growth in purchases of capital goods, raw materials and intermediate…

PH eyes development of sea linkages to boost Mindanao growth

The Philippine government is developing and enhancing certain sea routes connecting Mindanao with other Association of Southeast Asian Nations (ASEAN) to boost economic activities…

PH imports rose 11.7% to $6B in March

Continued demand for capital and consumer goods drove imports growth up 11.7% in March 2016, according to the National Economic and Development Authority (NEDA).…

PH beats expectations, posts GDP growth of 6.9% in Q1

The Philippines’ gross domestic product (GDP) grew 6.9% in the first quarter of the year, making the country the fastest growing among 11 Asian…

PH imports up 30.8% in January

Philippine merchandise imports increased 30.8% in January 2016, reversing December 2015’s 25.8% decline, according to the Philippine Statistics Authority (PSA). PSA said imports for…

PH exports slip 3% in Dec

Philippine merchandise exports declined for the ninth straight month with a 3% drop in December 2015 despite the double-digit increase in petroleum sales, according…

PH manufacturing output up in Dec, fueled by vibrant construction sector, low oil costs

The Philippine manufacturing sector continued to grow in December 2015, benefiting from construction activity that remains on an upward trend and oil prices that…

PH gov’t asked to implement ASEAN multimodal transport pact

The Philippine logistics industry will not be able to compete with its Association of Southeast Asian Nations (ASEAN) peers unless the government institutionalizes provisions…

Facilitating services trade a key APEC agenda

Trade in services is being given special focus in this year’s regional economic integration efforts, according to National Economic and Development Authority (NEDA) deputy…

PH factory output deflates but business sentiment still high

Weak global demand and the prolonged dry spell from the El Niño phenomenon pulled down Philippine manufacturing production in May 2015, according to the…

PH May exports contract to 4-year low

Philippine merchandise exports registered its sharpest drop since December 2011 as it declined 17.4% in May 2015, according to the National Economic and Development…