NEDA BACKS REGIONAL COOPERATION TO BOOST PH TRADE

MANILA – The National Economic and Development Authority expressed support for regional cooperation initiatives that will reduce trade costs and further boost Philippine trade performance recorded in September 2017. In the report of NEDA-attached agency Philippine Statistics Authority, total merchandise trade grew by 2.8 percent year-on-year to USD13.1 billion in September 2017. Exports recorded its continue reading : NEDA BACKS REGIONAL COOPERATION TO BOOST PH TRADE

PH TRADE SEEN TO SUSTAIN GROWTH THROUGH REFORMS

October 10, 2017 MANILA – Productivity-enhancing reforms will help sustain the improving growth of Philippine trade recorded in August 2017, the National Economic and Development Authority said. NEDA-attached agency Philippine Statistics Authority reported that the country’s total trade grew by 10 percent in August 2017, a significant jump from June (1.5%) and July’s (2.5%) growth. continue reading : PH TRADE SEEN TO SUSTAIN GROWTH THROUGH REFORMS

EU, ASIA REMAIN TOP PH EXPORTS MARKETS

The National Economic and Development Authority is optimistic of the country’s trade performance for the rest of the year considering thriving exports and trade linkages, especially to Europe and East Asia. NEDA-attached agency, the Philippine Statistics Authority, reported that total trade grew to USD11.7 billion in April 2017, with the 12.1 percent growth in exports offsetting the 0.1 percent continue reading : EU, ASIA REMAIN TOP PH EXPORTS MARKETS

PH TRADE CONTINUES DOUBLE-DIGIT GROWTH IN MARCH 2017

The National Economic and Development Authority recorded a 22.7-percent growth in trade March this year, following notable progress in exports and imports. NEDA-attached agency Philippine Statistics Authority reported that total trade grew to USD13.5 billion, with imports and exports growing 24 percent and 21 percent, respectively. “Philippine trade during the first quarter of this year continue reading : PH TRADE CONTINUES DOUBLE-DIGIT GROWTH IN MARCH 2017

STRONG EXPORTS, IMPORTS DRIVE TRADE GROWTH IN FEBRUARY 2017

Double-digit growth in exports and imports pushed up total merchandise trade of the Philippines by 16.1 percent, according to the National Economic and Development Authority (NEDA). Based on the Philippines Statistics Authority’s report, total trade grew to USD11.3 billion backed by imports growing by 20.3 percent and exports growing by 11 percent, recording its second continue reading : STRONG EXPORTS, IMPORTS DRIVE TRADE GROWTH IN FEBRUARY 2017

Strong domestic demand drives trade growth in November 2016

MANILA – Backed by strong growth in imports, the total merchandise trade grew by 7.3 percent in November 2016, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$12.0 billion in November 2016, with imports growing by 19.7 percent and mitigating the continue reading : Strong domestic demand drives trade growth in November 2016

STATEMENT OF THE PHILIPPINE ECONOMIC TEAM ON REGIONAL ECONOMIC RE BALANCING FOR CLOSER INTEGRATION IN ASIA

STATEMENT OF THE PHILIPPINE ECONOMIC TEAM ON REGIONAL ECONOMIC RE-BALANCING FOR CLOSER INTEGRATION IN ASIA China Trade and Investment Forum, Great Hall of the People Beijing, China 20 October 2016 President Rodrigo Roa Duterte and his Cabinet will move strongly and swiftly towards regional economic re-balancing for closer integration in Asia. This is why the continue reading : STATEMENT OF THE PHILIPPINE ECONOMIC TEAM ON REGIONAL ECONOMIC RE BALANCING FOR CLOSER INTEGRATION IN ASIA

Exports decline pulls down total trade in July 2016

MANILA- The total merchandise trade declined as exports continue to slide in July 2016, given that global economic recovery remains slow, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from trade fell from US$ 12.2 billion in the previous year to US$11.4 billion in July continue reading : Exports decline pulls down total trade in July 2016