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Saturday, May 4, 2024

Economy & Trade

PH, Korea to launch FTA portal to streamline export processes

The Philippines and Korea will launch a free trade agreement (FTA) information portal and origin management system in the fourth quarter of 2024 to streamline export processes and enhance the competitiveness of Philippine products in FTA markets. Portal developer InterCommerce Network Services Inc. president and chief executive Francis Lopez said the portal would allow exporters to easily access information and determine the best target market and applicable FTA for their...

Trading company faces charges over fake receipts

Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said Thursday the...

Gov’t debt declined 1.7% to P14.93t in March on a monthly basis—Treasury

The national government’s outstanding debt went down to P14.93 trillion as of...

DTI’s RAPID project makes major strides

A study by state think tank Philippine Institute for Development Studies (PIDS)...

LATEST Economy & Trade

LATEST

Government debt climbed by 14.6% to record P12.8 trillion in end-June

Outstanding government debt climbed by more than P1.6 trillion, or 14.6 percent, in June to hit a record P12.79 trillion from P11.17 trillion a...

Indonesia’s economy grew by 5.4% in Q2

Jakarta, Indonesia—Indonesia’s economic growth accelerated in the second quarter of 2022 despite global uncertainty, official data showed Friday, thanks to soaring commodity prices and...

US exports hit record $260.8 billion in June—data

Washington, United States—American exports set another record in June, narrowing the US trade gap for the third consecutive month, according to official data Thursday. Goods...

July inflation hit 45-month high of 6.4%

Inflation in July accelerated to a 45-month high of 6.4 percent from 6.1 percent in June, driven by faster increases in the prices of...

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