Philippine trade - updates

Rappler's latest stories on Philippine trade


PH trade deficit ‘alarming,’ says BOI official

Dec 27, 2019 - 3:15 PM

BOI executive director Ma. Corazon Dichosa says trade deficit of the country for the past 5 years has averaged 76.54%

Imports, exports down in September 2019

Nov 06, 2019 - 5:55 PM

An analyst says the pullback in September imports, despite the drop in exports, means that net trade will likely not weigh on overall growth momentum in the 3rd quarter of 2019

Labor groups slam House bill proposing 2-year probationary period for workers

Oct 18, 2019 - 5:00 PM

Congressman Bonito Singson's bill is a 'cheap trick' to deprive workers of their rights, say Defend Job Philippines, the Trade Union Congress of the Philippines, and Bukluran ng Manggagawang Pilipino

BILL OPPOSED. Labor groups reject a bill proposing to extend the 6-month probationary period for workers to 2 years. Photo from Defend Job Philippines Facebook

PH expects higher turnout at world’s biggest trade fair

Oct 13, 2019 - 2:59 PM

Philippine food manufacturers pitch their products at Anuga, known as a prime gateway to the European market

PH TEAM. DTI Asec Demphna Du-Naga, Philippine Ambassador Ma Theresa Dizon-de Vega, President Rodrigo Duterte's partner Honeylet Avanceña, and DTI Usec Abdulgani Macatoman at the opening ceremony of Anuga in Cologne, Germany. Photo by Carol Ramoran/Rappler

August 2019 trade figures point to Q3 GDP growth struggle

Oct 10, 2019 - 6:30 PM

The Philippines' total trade declines by 7% in August 2019 due to weaker exports and continued decline in imports

Philippine total trade declines by 1.3% in July 2019

Sep 10, 2019 - 8:25 PM

Exports slightly improve by 3.5%, while imports drop by -4.2% in July 2019

Trade gap narrows in June 2019 as Philippines imports less steel

Aug 07, 2019 - 4:10 PM

Total imports decrease by 10.4%, led by iron and steel. Meanwhile, 7 out of 10 major export commodities grow.

Trade deficit narrows in May 2019 as imports drop

Jul 10, 2019 - 12:50 PM

Due to the decrease in 6 of the top 10 imported goods and a slight increase in exports, the Philippines' trade deficit slightly narrows in May 2019

ASEAN economies affected by US-China trade war – Lopez

Jun 21, 2019 - 4:05 PM

'ASEAN should be prepared and have better trading performance with other countries not involved in the US-China trade issue,' says Philippine trade chief Ramon Lopez

TRADE WAR. This file picture taken on November 6, 2018, shows a Chinese and US flags at a booth during the first China International Import Expo (CIIE) in Shanghai. File photo by Johannes Eisele/AFP

China is top PH trade partner in August 2018

Oct 11, 2018 - 9:46 AM

The Philippines' trade gap swells to $26 billion year-to-date, 65% higher than the $15.7-billion deficit in 2017

Philippines' trade deficit widens by 47.6% in May 2018

Jul 10, 2018 - 2:15 PM

The Philippine Statistics Authority says the country's imports further increased by 11.4%, while exports slumped by 3.8%

TRADE GAP. The Philippine Statistics Authority (PSA) reports a wider trade gap in May 2018. AFP photo

EU-PH Business Summit set on October 17

Oct 07, 2017 - 3:38 PM

The summit is a trade forum to celebrate EU-Philippine trade and investment ties

NY Times: Hit PH with trade tariffs over deadly drug war

Mar 27, 2017 - 11:39 AM

UPDATED A more consequential action other countries could make to protest the war on drugs is to impose tariffs on Philippine goods a New York Times editorial says

CRIME SCENE. A crime scene during an operation part of Oplan Tokhang, November 2016. Photo by Rob Reyes/Rappler

Rappler Talk: DTI's Ramon Lopez on trade in the time of Duterte

Mar 15, 2017 - 5:44 PM

Trade secretary Ramon Lopez talks about how the government plans to empower micro small medium enterprises

Iran to import more bananas, invest in PH infra and energy

Oct 19, 2016 - 9:30 PM

Iran wants to strengthen connections between its central bank and the Bangko Sentral ng Pilipinas to allow more Iranian investors to start doing business in the Philippines

TRADE RELATIONS. Manila and Tehran enjoy strong political relations, but can do more in reinforcing their economic ties, with the Philippines becoming one of Iran’s 'country priorities.' Rappler file photo

Eyeing DOLE, Bongbong Marcos woos labor unions

May 01, 2016 - 8:15 PM

Senator Ferdinand Bongbong Marcos Jr who says he will focus on workers rights if elected vice president vows to end contractualization

Photo by Jasmin Dulay/Rappler

Call for exhibitors: Philippine Summer Food Fiesta

Mar 11, 2016 - 3:17 PM

Looking to expand the market of your food business? Join this exhibition from April 15 to 17 at the Philippine Trade Training Center

Why APEC trade repository will benefit small businesses

Nov 15, 2015 - 4:09 PM

UPDATED The portal which is a work in progress is aimed to provide timely information for micro small and medium enterprises to navigate cross border trade

PORTAL. (From left) DTI assistant secretary Rodolfo Ceferino; Mama Sita president Clara Reyes-Lapus; and Bureau of Import Services director Luis M. Catibayan launch on Sunday, November 15, 2015, the APEC trade repository, an online portal aimed to arm micro, small, and medium enterprises with information relevant to cross-border trade. All photos by Alecs Ongcal/Rappler

Interaksyon no longer News5's online platform

Aug 14, 2015 - 7:10 PM

Meanwhile PLDT group s MediaQuest which has a stake in The Philippine Star says it has no plans of fully acquiring newspaper BusinessWorld

STAYS THE SAME. MediaQuest's Lorenzana says this move will not affect the editorial operations of InterAksyon and TV5

Canada targets free trade agreement with PH in 2015

Jun 30, 2015 - 9:23 PM

Canada has no free trade agreement yet with any ASEAN member We want the Philippines to be our gateway in the ASEAN integration says Canadian Ambassador Neil Reeder

ASEAN GATEWAY. Canada has no FTA yet with any ASEAN member. We want the Philippines to be our gateway in the ASEAN integration, Canadian Ambassador Neil Reeder says. Photo by Chrisee Dela Paz/ Rappler

PH Labor Day: A history of struggle

May 01, 2015 - 8:32 PM

The first recorded Labor Day in the Philippines takes place on May 1, 1913

Less tax breaks to drive away carmakers – Japanese investors

Feb 10, 2015 - 1:28 PM

Japanese investors are also hoping that tax credits and common testing facilities will be included as incentives in the roadmap

Zero-tariff exports to EU a Christmas gift for PH traders

Dec 21, 2014 - 8:02 PM

The Philippines inclusion to the EU s zero tariff trading scheme which starts December 25 is seen to rake 600 million euros worth of exports plus 267 000 new jobs

Filipinos open to foreigners buying local firms – study

Sep 23, 2014 - 3:15 PM

66 of Filipinos say allowing foreigners to buy local firms is good for the economy

Gov't urged: Develop foreign labor markets for nurses

May 29, 2014 - 4:54 PM

Every year the country sends an average of 12 000 nurses abroad

PSE re-elects current board

May 25, 2014 - 5:26 PM

The PSE gives a fresh one year mandate to its 15 man board

PH jumps 8 notches in WEF global trade index

Apr 02, 2014 - 3:07 PM

The index measures how well countries facilitate the flow of goods and services over borders to their jurisdictions

UP 8 NOTCHES. The Philippines improves its ranking in the World Economic Forum's Enabling Trade Index 2014 report

Philippines ready for China ‘sanctions’

Apr 01, 2014 - 1:46 PM

Cabinet Secretary Jose Rene Almendras says the Philippine government has discussed and prepared for the possible consequences of its pleading against China

PH may lose GSP eligibility in US

Apr 12, 2013 - 1:35 PM

Due to complaints on labor rights the country may lose the preferential entry of 1 billion worth of exports from the Philippines to the US

DRIED MANGOES. An entire rack devoted to selling dried Philippine mangoes in one of the shops on Waikiki in Honolulu. Hawaii. Photo by Cai Ordinario

WINNERS: 18th Annual Motorsport Awards

Apr 05, 2013 - 10:10 PM

Here is the list of winners updated as they are announced

WHO ARE THE COUNTRY'S BEST DRIVERS? We find out at the 18th Annual Motorsport Awards organized by AAP. Image from

WINNERS: Car of the Year 2013

Apr 04, 2013 - 8:52 PM

Here is the rolling list of winners updated as they are announced

WHEELED WINNERS. 17 out of 81 vehicles tested by CAGI will win awards. Which brands will emerge victorious? Image from the Car of the Year Philippines Facebook page

PH eager to join Trans-Pacific pact

Mar 18, 2013 - 9:53 PM

Philippine Amabassador to the United States Jose Cuisia unveils the country s roadmap to become part of free trade area that will account for 40 of global gross domestic product

FREE TRADE. Philippine Ambassador to the United States Jose Cuisia unveils the country's roadmap to join the Trans-Pacific Partnership. Photo courtesy of the Philipine Embassy in the United States

PH should embrace China not U.S., says expert

Nov 19, 2012 - 8:27 PM

China expert Martin Jacques says the Philippines should embrace rising power China given the decline of America in Asia

PH embroidery recognized in Indonesia

Nov 18, 2012 - 4:10 PM

A renowned manufacturer and exporter of Philippine embroidery gained recognition for its products during the opening of the 1st Embroidery Festival in Jakarta Indonesia

PROUDY, BEAUTIFULLY PINOY. Image from the Asia Embroidery Facebook page

'Only tuna industry will benefit from EU-PH trade deal'

Sep 22, 2012 - 1:12 PM

A free trade pact between the European Union and the Philippines will only help the tuna industry says experts

PH may not be ready for ASEAN integration - expert

Sep 11, 2012 - 3:52 PM

Former NSCB Secretary General Romulo Virola says there are more bad than good news in the Philippine economy

Free trade agreements 'more political than economic'

Sep 03, 2012 - 1:39 AM

State owned think tank PIDS say Free Trade Agreements are more political than economic

Philippines may not be 'ready for 2015 Asean free trade'

Sep 02, 2012 - 5:42 PM

Twenty years after signing the AFTA Philippines may still not be ready to join the ASEAN Economic Community AEC by 2015

PH ready to ship more sugar to US, other markets

Aug 31, 2012 - 5:29 PM

An increase in sugar production allows Manila to export additional sugar to US

Philippines drops in trade logistics ranking

May 20, 2012 - 12:26 PM

The Philippines ranks 52nd out of 155 countries in the recent worldwide Logistics Performance Indicators LPI survey which measure the capacity of countries to efficiently move goods and connect manufacturers and consumers with international markets