Monday, May 18, 2026
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Tag: imports

Philippine exports grow at slowest pace in 8 months after new US tariffs

Philippine exports grew at their slowest pace in eight months in August after the United States imposed a 19-percent headline tariff on Aug. 7,...

Cement industry group pushes safeguard duty to protect jobs

The proposed safeguard duty on cement imports is not expected to cause price increases and is needed to protect local jobs from "unfair competition,"...

Foreign reserves climb to $107.1b on BOP surplus

The Philippines’ gross international reserves (GIR) climbed to $107.1 billion as of end-August from $105.4 billion in the previous month on the back of...

Trade deficit hit $24.41b in first six months, says PSA

Exports grew faster than imports in the first half of 2025, but the country continued to incur a wide trade deficit that affects its...

Philippine reserves climbed to $105.9 billion in August 2025

​The Philippines' gross international reserves (GIR) rose to $105.9 billion at the end of August 2025 from $105.4 billion a month earlier, the Bangko...

Toyota Motor Philippines paid P24 billion in duties and taxes in first half of 2025

Toyota Motor Philippines Corp. (TMP) paid P24.09 billion in duties and taxes in the first half of 2025, a 29-percent increase from P18.67 billion...

GDP grows 5.5% in Q2 2025 — PSA

The Philippines’ gross domestic product (GDP) expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority (PSA) said Thursday. This...

PBBM suspends rice imports for 60 days starting Sept. 1

President Ferdinand Marcos Jr. ordered a 60-day suspension of all rice imports starting September 1, 2025 to protect local farmers struggling with plummeting palay...

Philippines remained net food, agriculture importer in May 2025

The Philippines remained a net food importer in May, with agricultural imports nearly double its exports, data from the Philippine Statistics Authority (PSA) showed...

Philippine exports grew 7 percent in April 2025

Philippine merchandise exports grew 7 percent year-on-year in April 2025, driven by sustained demand from the United States, according to data released by the...

PH trade deficit exceeds $54b on higher imports

The country’s trade deficit surpassed $54 billion in 2024, as merchandise imports slightly rose and exports tumbled, data from the Philippine Statistics Authority (PSA)...

Trump says no room for Canada and Mexico to avert tariffs, hikes China levy

WASHINGTON, United States -- US President Donald Trump shut down hopes Monday of an eleventh hour deal with Canada and Mexico to avert sweeping...

Exports, imports grew in July, 7-month trade deficit hit $29.9b

Merchandise exports and imports in the Philippines grew in July, following a sharp drop in June, according to data from the Philippine Statistics Authority...

Exports, imports rebounded in July 2024

Philippine exports and imports rebounded in July 2024, following a sharp decline in June. Data from the Philippine Statistics Authority (PSA) showed merchandise export...
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