Exports

PHL exports up 11% in March on shipments in electronics – statistics office

Published by rudy Date posted on May 9, 2014

Philippine merchandise exports grew by 11 percent to $5.227 billion in March from $4.699 billion a year earlier, the Philippine Statistics Authority reported Friday, citing higher shipments in electronics and other manufactures.

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Non-electronic goods drive exports to all-time high

Published by rudy Date posted on February 12, 2014

MANILA, Philippines – Merchandise exports hit an all-time high in 2013 amid growth in shipments of non-electronic products. Data from the Philippine Statistics Authority (PSA) released yesterday showed the country’s merchandise exports reached $53.978 billion last year.

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Exports up 4.1% to $4.5 B in June

Published by rudy Date posted on August 14, 2013

MANILA, Philippines – Merchandise exports recovered in June, gaining 4.1 percent to $4.490 billion from $4.314 billion a year ago due to increases posted by four major commodity groups, the National Statistics Office (NSO) reported yesterday.

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NEDA calls for speeding up of export programs

Published by rudy Date posted on April 22, 2013

There is a need to speed up the implementation of necessary programs and policies to improve the competitiveness of Philippine exports, the National Economic and Development Authority (NEDA) said on Monday.

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Slow exports will not dampen economy

Published by rudy Date posted on April 18, 2013

The National Economic and Development Authority (NEDA) is optimistic that the negative growth of the Philippine merchandise exports will not dampen the country’s economy.

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Falling exports: Why I worry

Published by rudy Date posted on April 15, 2013

Philippine export earnings in February fell by a hefty 15.6 percent from last year, the National Statistics Office reported last week. The fall largely traces to an even heftier drop during the same period (-36.5 percent) in our electronics exports, which still comprise our single largest export product category. Global demand for personal computers has…

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Gov’t keeps 15% export growth target

Published by rudy Date posted on April 15, 2013

MANILA, Philippines – The government is keeping its 15 percent export growth target for this year as it sees the electronic sector’s recovery in the coming months and expects the business process outsourcing (BPO) industry to remain strong.

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PH salvation lies in export sector dev’t, says BSP

Published by rudy Date posted on March 27, 2013

Traders urged to strengthen forex sources other than remittances The Bangko Sentral ng Pilipinas wants an export sector development agenda drawn up to ensure that the country’s foreign exchange reserves remain at a healthy level in the face of worsening global economic conditions.

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BEST GROWTH IN ASIA: September exports jump 22.8%

Published by rudy Date posted on November 14, 2012

Merchandise exports in September jumped by 22.8 percent from the previous year, making it the highest monthly export growth in almost two years. Data from the National Statistics Office showed that the September export growth, a reversal from the 27 percent drop during the same month last year, was the highest since December 2010’s 26.5…

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Aquino: PHL export sector can weather global uncertainty

Published by rudy Date posted on October 30, 2012

President Aquino on Tuesday expressed confidence that the country’s export sector, which is expected to grow less than target this year, would be able to weather the challenges posed by economic difficulties hounding its key markets.

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Target likely to be missed as exports fall

Published by rudy Date posted on October 10, 2012

MERCHANDISE exports took a dive in August — the weakest performance in eight months — weighed down by a strong peso and a sustained drop in outbound electronics shipments. Raw sugar exports mulledExports down by 9% in August’Sin’ tax bill criticizedCorn exports seen by yearendOutbound shipments pick up.

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Agro exports competitive: NEDA

Published by rudy Date posted on September 18, 2012

The Philippines can be “competitive” in exporting agro-based products as its exports base continues to diversify, the National Economic and Development Authority said.

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7.8% growth not enough, says PhilExport

Published by rudy Date posted on September 11, 2012

MANILA, Philippines — The 7.8 percent growth in exports in July was a lot better than the 4.3 percent growth in June, but exporters said the growth still fell short of its 10 percent growth target for the year. Unless exports will grow by an average of 11 to 11.5 percent for the next five…

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Trade Dept. dreams of doubling PHL exports, creating 9.1M jobs

Published by rudy Date posted on September 3, 2012

Doubling the value of exports of goods and services to $120 billion by 2012 could generate 9.1 million jobs, the Department of Trade and Industry (DTI) said Monday. “[As] per our estimates: if we double our exports, it could add an additional 9.1 million job opportunities,” Trade Secretary Gregory Domingo said during Monday’s budget hearing…

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Export growth slumped to 4.2% in June

Published by rudy Date posted on August 10, 2012

Philippine exports grew by only 4.2 percent in June after a double-digit rebound in May. The National Statistics Office (NSO) on Friday reported that exports for the month reached $4.31 billion, with electronics shipments dipping 14.6 percent to $1.89 billion.

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Stronger peso dims 2012 export outlook

Published by rudy Date posted on July 11, 2012

Despite exports posting a 17-month high toward the middle of the year, the National Economic and Development Authority (Neda) and some economists expressed concern that the appreciation of the peso and the global slump in electronics may still threaten export growth in the coming months.

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19.7% export growth in May highest since 2011 — Neda

Published by rudy Date posted on July 11, 2012

1 2 3 4 5 (0 votes)The National Economic and Development Authority (Neda) said exports growth of 19.7 percent in May this year was the highest year-on-year growth since January 2011.

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Malacaang urged to promote non-electronic industries in export

Published by rudy Date posted on March 15, 2012

Following the release of exports figures for January 2012, the National Economic and Development Authority (Neda) said government should intensify policy support to address diversification and competitiveness issues in the exports sector.

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Export-driven growth seen at 5 percent

Published by rudy Date posted on March 2, 2012

THE Philippines would be able to achieve 5-percent growth this year once its exports picked up, the Asian Development Bank said on Thursday.

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Export revenues decrease in November

Published by rudy Date posted on January 11, 2012

THE Philippines’ export revenues in November 2011 dropped by 19.4 percent to $3.342 billion compared to the $4.146 billion recorded in November 2010, according to data released by the National Statistics Office (NSO) on Tuesday.

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Most exports still growing despite electronics dive

Published by rudy Date posted on November 14, 2011

MANILA, Philippines – Despite the continued dive in the overseas sale of electronics products for the fifth straight month this year, most Philippine export products continued to grow.

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Exports may still grow, but below 10% target for 2011

Published by rudy Date posted on October 20, 2011

MANILA, Philippines – Merchandise exports are still expected to grow this year although at a much lower rate of only three percent from the original target of 10 percent , the Department of Trade and Industry (DTI) reported yesterday.

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PEZA won’t meet 11% export growth target

Published by rudy Date posted on September 30, 2011

MANILA, Philippines – The Philippine Economic Zone Authority (PEZA) said it will be difficult for them to meet their yearend target of 11-percent growth in exports as the sale of electronics in the international market remains weak.

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PHL exports decline, NSO says

Published by rudy Date posted on September 13, 2011

Philippine exports continued to decline in July, the National Statistics Office reported on Tuesday. The NSO said export revenues amounted to $4.43 billion, a 1.7-percent slide from $4.51-billion export earnings in the same month in 2010.

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Phl among world’s top service exporters

Published by rudy Date posted on September 4, 2011

MANILA, Philippines – The World Bank has ranked the Philippines among the best performers in the services exports, particularly in the business process outsourcing (BPO) sector, but urged further reforms in the travel and tourism sector if the country intends to sustain growth moving forward.

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Exporters adopt ‘wait-and-see’ attitude

Published by rudy Date posted on August 29, 2011

MANILA, Philippines – Exporters are adopting a “wait-and-see” strategy as the unstable peso-dollar exchange rate continues to impact on their revenues and competitiveness.

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No revision in exports target, says trade dep’t

Published by rudy Date posted on August 24, 2011

The Philippines was listed among Southeast Asian countries less likely to feel the pinch of the economic woes in the United States and the European Union, the Department of Trade and Industry (DTI) said citing a report of Bank of America Merril Lynch.

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Exporters maintain 10% growth target this year

Published by rudy Date posted on August 22, 2011

MANILA, Philippines – Philippine exporters are maintaining their 10-percent growth target for 2011 despite the financial crisis in the United States, as they bank on the rising share of the Asian emerging markets in the country’s total exports to improve revenues.

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Region unlikely to sustain export growth momentum

Published by rudy Date posted on July 25, 2011

EXPORTS allowed the Asia-Pacific region to avoid the worst of the global financial crisis but growth is not expected to be sustained given the continued weakness of traditional developed markets, a United Nations agency said.

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Government pushes ‘Brand Philippines’

Published by rudy Date posted on July 25, 2011

MANILA, Philippines – The government intends to pursue the development and promotion of “Brand Philippines” that aims to also promote the country as producer and supplier of quality world-class products and services.

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