PH exports record 14th straight month dip in May

Philippine merchandise exports declined for the 14th straight month in May 2016 to US$4.71 billion, a 3.8% decrease from the $4.90 billion recorded in…

Davao City’s infrastructure planners get helping hand from JICA

The Japanese government has offered to help equip Davao City with the know-how and capability to engage in urban infrastructure planning, according to the…

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 exports down 4.1% in April

A still fragile global economy continued to dampen demand for Philippine exports, which declined 4.1% in April despite strong sales growth for manufactures, according…

PH manufacturing output higher in April

The Philippines’ manufacturing sector continues to grow as both production and net sales posted vast improvements in April 2016 compared to a year ago,…

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 manufacturing output gains in Q1

The Philippine manufacturing sector’s output recorded strong growth in the first quarter of the year despite the slow pace it posted in March 2016,…

PH urged to tap fresh markets as March exports sag 15.1%

The Philippines needs to look at non-traditional export destinations and products to widen its market base as the weak global economy continues to pull…

PH Feb imports propped up by strong domestic demand

Higher purchases of capital and consumer goods pushed imports up 1.2% in February 2016, the second month of positive performance for the Philippines after…

PH Feb exports shrink 4.5% but electronics sales remain in the black

The global economic slowdown continued to put a strain on Philippine merchandise exports, which declined 4.5% in February 2016, according to the National Economic…

Elections, local demand to fuel PH factory output

The Philippine manufacturing sector continued its growth in February 2016, reflecting increased production of furniture, food products, and rubber, as the sector appears on…

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 manufacturing stages strong rebound in Jan

The manufacturing sector started out strong in 2016 as production of chemical products and food manufactures expanded in January, according to the National Economic…

PH Jan exports drop nearly 4% as all merchandise groups take a hit

Philippine exports fell 3.9% in January 2016 due to lower earnings from all major commodity groups, according to the National Economic and Development Authority…

Palacios named new PPP chief

President Benigno Aquino III has appointed Atty. Andre Palacios as the new executive director of the Public-Private Partnership (PPP) Center, replacing Cosette Canilao who…

PH imports outlook upbeat despite 26% decline in Dec

Philippine merchandise imports declined 25.8% in December 2015 from the year-ago level, the steepest monthly decline recorded since April 2009 and halting consecutive months…

PH 2016 economic growth targets cut

The Philippine government has downgraded its economic growth target this year to between 6.8% and 7.8% from the previous 7% to 8% due to…