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1-10 results from 1000 for query «exports»

April 23, 2018 3:07 AM Aboitiz spending P77b to expand business units

Conglomerate Aboitiz Equity Ventures Inc. said it plans to spend P77 billion this year to fund the expansion of its power generation unit and other businesses. AEV chief finance officer Manuel Lozano said about P61 billion of the P77-billion capital expenditures for 2018 would go to unit Aboitiz Power Corp. in support of the latter’s thermal and renewable 3

March 23, 2018 6:42 AM Manila on 'wait and see' with US-China trade war

MANILA - The Philippines is taking a "wait and see" approach in the face of a trade war between China and the US, Trade Secretary Ramon Lopez said Friday. Higher tariffs on Chinese steel exports to the US could also be beneficial to the Philippines since supply will be diverted to other markets, which in turn could bring down prices, Lopez said. "There 6

March 19, 2018 12:35 PM Subic investments decreased by 46% to P3.63b last year

Investment commitments registered by the Subic Bay Freeport in 2017 dropped 46 percent to P3.63 billion from P6.71 billion in 2016. Data from the Subic Bay Metropolitan Authority showed that investments from new investors fell 60 percent to P6.35 billion from P2.54 billion a year ago despite a 66-percent increase in the number of new locators. The data showed 9

March 13, 2018 12:00 PM SteelAsia spending P80b to construct modern plants

SteelAsia Manufacturing Corp. is investing P80 billion on an integrated steel expansion program spanning three phases in over six years. The first phase will cost about P25 billion to finance the construction of three greenfield plants, said SteelAsia chief executive Benjamin Yao. “We see stronger demand due to more infrastructure projects in the public 20

March 7, 2018 11:37 AM EU to present Trump trade war riposte

BRUSSELS -- The EU will Wednesday set out plans to strike back against US President Donald Trump’s threatened steel and aluminum tariffs, with flagship US products such as jeans, motorbikes and whiskey in the crosshairs. No firm decision is expected as Trump has yet to sign into effect his plan to set tariffs to protect US carmakers from what he calls 12

February 21, 2018 11:17 AM Neda pushes for free trade deal with US

The Philippine government is seeking stronger trade relations with the United States amid the upbeat trade performance in 2017, Economic Planning Secretary Ernesto Pernia said. Pernia, in a presentation before the US-Philippines Society Board of Directors meeting, highlighted the intention of the Philippines to keep its current trade surplus with the US in positive 13

February 9, 2018 10:44 AM PH foreign trade up 9.9% in 2017

Total imports and exports exceed government targets for the year, posting 10.2 % and 9.5 % growth rates, respectively, while the trade deficit hit a record $4.02 billion in December 2017 MANILA, Philippines— The country’s overall foreign trade in goods grew last year as the country’s import momentum continued on the back of a growing economy. Total merchandise 12

January 31, 2018 6:44 AM India-Asean trade on the rise

The trade relations between India and the Association of South-East Asian Nations (Asean) comprising of Indonesia, Singapore, Philippines, Malaysia, Brunei, Thailand, Cambodia, Lao, Myanmar and Vietnam have seen an upsurge since the last decade. India and Asean are in the process of negotiating agreements on trade and services and to improve cooperation 7

January 13, 2018 4:00 PM Phl diversifying exports, improving market mix

MANILA, Philippines — Government efforts to diversify merchandise exports and improve market mix are coming into realization with the growing share of non-electronic products, the Department of Trade and Industry (DTI) said. According to DTI, the value of merchandise exports from January to November last year was shared almost evenly by electronics and non-electronics 16

January 11, 2018 3:13 PM Trade gap widens to $3.7B in November

The country’s trade deficit widened to USD3.78 billion in November 2017 as imports continue to outpace exports due to higher shipments of raw materials and intermediate goods and capital goods, the Philippine Statistics Authority (PSA) reported on Wednesday. The PSA said imports posted a hefty growth of 18.5 percent as all commodity groups posted positive 12