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)
20 February –
WORLD DAY OF SOCIAL JUSTICE
“Every day, give everyone their due.
Every day should be Social Justice Day!
The only way”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
February Observances
1-7 Feb: World Interfaith Harmony Week
01 Feb: World Wetlands Day
02 Feb: International Day of Human Fraternity
04 Feb: International Day of Zero Tolerance
for Female Genital Mutilation
11 Feb: International Day of Women and Girls
in Science
20 Feb: World Day of Social Justice
Monthly Observances:
National Health Insurance Month
Weekly Observances:
Week 1: National Awareness Week
for the Prevention of Child Sexual Abuse
and Exploitation
Week 3: Public Administration Week
Daily Observances:
Feb 1 Constitution Day
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