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Economy

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Latest news on economy impacting shipping and logistics

1 ecozone created, another expanded

One economic zone was created and another expanded by President Ferdinand Marcos,…
  • April 25, 2023
  • 2 minute read
DBCC keeps 2023 GDP growth target, ups inflation expectations

DBCC keeps 2023 GDP growth target, ups inflation expectations

The Development Budget Coordination Committee kept its target of 6% to 7%…
  • April 25, 2023
  • 3 minute read
China’s air cargo exports

China’s air cargo exports upbeat, says Xeneta

China’s outbound air cargo market shows signs of recovery with the 29%…
  • April 24, 2023
  • 3 minute read
PH domestic trade volume falls 20.1%

PH domestic trade volume falls 20.1%, value up 13.3%

Philippine domestic trade in 2022 shrank 20.1% in volume but grew 13.3%…
  • April 21, 2023
  • 2 minute read
Marcos keeps rice import option open

Marcos keeps rice import option open, rules out rice crisis

• President Ferdinand Marcos Jr. rules out a rice crisis warning by…
  • April 21, 2023
  • 2 minute read

NEDA Board approves EO implementing RCEP

• The National Economic and Development Authority Board approved an executive order…
  • April 20, 2023
  • 4 minute read
RCEP to take effect in PH on June 2

RCEP to take effect in PH on June 2

The Regional Comprehensive Economic Partnership will take effect in the Philippines on…
  • April 18, 2023
  • 3 minute read
NFA drops rice import plan

NFA drops rice import plan

Plan to import 330,000 metric tons of rice pulled after coming under…
  • April 18, 2023
  • 3 minute read
March car exports hit

Korea’s March car exports hit 48% as ICTs slump

South Korean vehicle exports surged to a record-high 48% in March buoyed…
  • April 17, 2023
  • 3 minute read
UK’s new trade preference scheme good for PH: Pascual

UK’s new trade preference scheme good for PH: Pascual

Trade and Industry Secretary Alfredo Pascual welcomed the UK’s new trade preference…
  • April 15, 2023
  • 2 minute read