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Economy

2225 posts

Latest news on economy impacting shipping and logistics

DTI cuts PH export targets after COVID impact assessment

• The Department of Trade and Industry adjusted the Philippine export target…
  • January 23, 2021
  • 2 minute read

Electric shift, sales decline to impact auto supply chains in 2021

Further consolidation within the automotive sector seen as smaller vehicle makers struggle…
  • January 18, 2021
  • 2 minute read

EO 123 extends 5% tariff on mechanically deboned poultry for two years

Newly signed Executive Order No. 123 retains the most-favored nation rate of…
  • January 18, 2021
  • 2 minute read

‘China flight’ among major supply chain drivers in 2021

Trend away from China being pioneered by Japanese and South Korean electronics…
  • January 18, 2021
  • 3 minute read

P172B duties collected from marking 17.5B liters of fuel

Government marked 17.55 billion liters of fuel and collected P171.72 billion in…
  • January 15, 2021
  • 2 minute read

PEZA projects drop in 2020 as local investments contract 48%

The Philippine Economic Zone Authority (PEZA) approved 326 projects worth P95 billion…
  • January 14, 2021
  • 2 minute read

PH trade sinks in Nov; imports down 18.9% but exports rise 3%

Philippine merchandise trade declined for the 10th month in a row in…
  • January 8, 2021
  • 3 minute read

PH manufacturing contraction accelerates in Nov 

Philippine manufacturing sector continued to contract in both volume and value for…
  • January 5, 2021
  • 2 minute read

DTI slaps safeguard duties on imported passenger cars, light vehicles

Provisional safeguard duties of P70,000 per unit will be imposed on imported…
  • January 5, 2021
  • 4 minute read

BOC’s Nov petroleum revenue collection soars on higher imports

The Bureau of Customs collected 54.1% more revenues from petroleum products in…
  • January 4, 2021
  • 2 minute read