MANILA, Philippines (Xinhua) – Import bill in June declined to a four-month low of 4.8 percent on year to $4.86 billion on back of a huge drop in electronics imports, the National Statistics Office (NSO) said today.
Payment for electronics, which account for over 20 percent of total import bill, fell 24.8 percent on year to $1.096 billion. Volume of shipment of this product also went down by 7.3 percent compared to June 2012. The Philippine semiconductor industry uses these inputs to produce and export products. The weak global demand for electronics likewise slowed the country’s import of electronics.
The import of transport equipment, cereals, telecommunication equipment and electrical machinery, iron and steel and plastic likewise declined.
Most of the country’s imports were sourced from China, Japan, US and Singapore.
Total imports for the first half of the year declined 3.8 percent on year to $29.62 billion.
The trade deficit in June narrowed to $370 million compared with last year’s $789 million deficit. –(philstar.com)
Sept 5 – Oct 5
National Teachers Month
“Pay teachers decent wages,
Pay attention to teachers!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
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#Report Corruption #SearchPosts #TakePicturesVideos
September
Monthly Observances:
Health, Safety, and Sanitation Month
Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 5)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: Family Week
Daily Observances:
Third Saturday: International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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