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)
World Day for Safety and Health at Work
“Safety and health at work every day!”
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!
#WearMask #WashHands #Distancing #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
