Friday, May 1, 2026
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Tag: FOBAP

PH garments sector eyes modest rebound with tariff cuts

The Philippines' garments, textile and apparel sector expects a modest rebound next year, with exports expected to rise 2 percent to 5 percent from...

Foreign buyers help absorb US tariffs on Philippine garment exports

Foreign buyers are helping to absorb some of the 19 percent tariff on Philippine garment exports, the Foreign Buyers Association of the Philippines (FOBAP)...

Solons, FOBAP laud Romualdez’ leadership

The House of Representatives has adopted a resolution commending former Speaker Ferdinand Martin G. Romualdez of Leyte for what members described as distinguished and...

Business delegation joining Marcos on India state visit

The Foreign Buyers Association of the Philippines (FOBAP) will join a high-level business delegation accompanying President Ferdinand Marcos Jr. on his state visit to...

Philippine garments exporters still worried over reduced 19% US tariffs

The Foreign Buyers Association of the Philippines (FOBAP) still raised concerns over the minor adjustment on United States’ reciprocal tariff on Philippine garments from...

Philippine garment industry warns of ‘grim scenario’ under Trump’s 20% US tariff

The Foreign Buyers Association of the Philippines (FOBAP) has warned of severe economic repercussions for the country's garment industry after President Donald Trump announced...

PH trade groups cautious as US court strikes down Trump tariffs

The US Court of International Trade’s ruling that struck down President Donald Trump’s reciprocal tariff order is reverberating across global trade circles, and the...

Garments and textile exports seen rising to $1.5b this year

Garments, textile and apparel exports are expected to reach $1.5 billion in 2022, up from $1.052 billion in 2021, as the country remains on...

FOBAP eyes 33% growth in orders

The Foreign Buyers Association of the Philippines, a major trading group, said it expects to generate $1.2 billion in booked contracts by end-2021, up...
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