Imports

by Louise Maureen Simeon (The Philippine Star), 7 Aug 2021 MANILA, Philippines — The country’s balance of trade in goods recorded a wider deficit in June as the rebound in imports outpaced the uptick in exports during the month, the Philippine Statistics Authority (PSA) reported yesterday.

by Richmond Mercurio (The Philippine Star), 15 Jun 2021 MANILA, Philippines — The country’s import shipments toward the holiday season could face delays due to unprecedented demand and congestion at some of the world’s major ports.

By Karl R. Ocampo and Melvin Gascon @Tea, 16 Apr 2021 Livestock industry leaders on Thursday blasted the Department of Agriculture (DA) and the National Economic and Development Authority (Neda) for allegedly using flawed data to justify the importation of frozen pork which could flood the market to the detriment of local producers struggling against…

Read more here.

By: Karl R. Ocampo – Reporter, Philippine Daily Inquirer, 14 May 2020 Despite moves by the Department of Agriculture to increase the country’s local production of palay, global projections showed that the Philippines is still on its way to become the biggest importer of the grain this year and the next.

by Louella Desiderio (The Philippine Star), 4 Feb 2020 MANILA, Philippines — Amid a surge in demand and tight supply of face masks following confirmed cases of novel coronavirus (2019-nCoV) in the country, the Department of Trade and Industry (DTI) has ordered attached agency Philippine International Trading Corp. (PITC) to start sourcing masks from suppliers…

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, 11 Nov 2019 Tens of thousands of factory workers in the automobile industry have lost their jobs after regional free trade deals paved the way for nearly a million imported vehicles to enter the country tariff-free.

By Madelaine B. Miraflor, Manila Bulletin, Sep 6, 2019 The Philippines now has too much rice — more than what the country needs — as the government “failed to manage” rice importation since the Rice Tariffication Law was passed.

Despite 26% drop in December MANILA, Philippines – Philippine imports went down nearly 26 percent to $4.06 billion in December , the first drop in seven months, the Philippine Statistics Authority (PSA) reported yesterday.

MANILA, Philippines – The country’s imports declined 2.6 percent in September from a year ago, amid weak performance of electronic products and two other commodities.

MANILA, Philippines – The country’s imports declined for a second month in June due to lower purchases of electronics components used to assemble the country’s biggest export, the Philippine Statistics Authority (PSA) reported yesterday.

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.

IMPORTS EXPANDED anew in June, recording the fastest growth pace in 10 months following an electronics shipments rebound and a transport equipment surge, the government yesterday reported.

The Philippines may cut rice imports to about 100,000 tons in 2013, Agriculture Assistant Secretary Dante Delima told reporters Thursday.

Electronics, semiconductor shipments down 29% JULY IMPORTS The Philippines’ main import item, electronics and semiconductor, fell 28.6 percent in July even as overall imports rose 6.6 percent, according to government data

THE Philippines will no longer import sugar from Thailand this year because of a production surplus and low demand for the sweetener in the domestic market, the Sugar Regulatory Administration (SRA) said on Friday.

Imports rose 6.6 percent year-on-year to $4.5 billion in June, snapping a six-month decline as higher oil shipments offset a sharp drop purchases in electronics and semiconductors, the National Statistics Office said Thursday.

Output of local factories had flattened out in May compared to a year ago after a 2.2 percent growth the previous month reflecting a slowdown in the industrial sector which bodes ill for economic prospects for the year.

MANILA, Philippines – Car importers reported a six-percent increase in sales for the first half of the year despite the slowdown in total industry performance.

Import growth slows further in April MANILA, Philippines (UPDATE) – Merchandise imports grew at their slowest pace in nine months last April on easing demand for electronic products, the National Statistics Office (NSO) reported Tuesday.

THE International Monetary Fund and the World Bank are urging the government to review its fiscal incentives program, saying it is redundant and stops it from raising more revenue.

Merchandise imports grew by 21.2 percent to $5.523 billion in March from $4.556 billion in the same period last year, National Statistics Office (NSO) data released yesterday showed.

The continuing price increases in electronic and petroleum products had led to higher imports payments and consequently rising commodity prices but these are expected to be short-term, The National Economic and Development Authority (Neda) said.

Philippine imports surged 26.9 percent in 2010 from a year earlier on strong demand from local manufacturers of electronic inputs, raw materials and other intermediate goods, government data show Friday.

MANILA, Philippines – Merchandise imports in September climbed 24.6% to $4.57 billion from a year earlier, marking the strongest growth in 4 months, the National Statistics Office said on Friday.

DESPITE the slowdown in main export markets like the United States and Japan, the National Economic and Development Authority (Neda) is confident that hitting double-digit import growth will continue for the rest of the year.

THE COUNTRY’S import bill grew for the eighth month in a row but at a weaker 1.4 percent year on year to $4.17 billion, the National Statistics Office said Wednesday.

Philippine Airlines (PAL) apparently playing hardball with its defiant pilots could cost the flag-carrier a bigger headache, a high-ranking official warned on Thursday. “Until now, PAL is faced by ill prospects of more resignations, if no concessionary actions from PAL will be taken,” said Dante Velasco, undersecretary for public information of the Department of Transportation…

THE BOARD of Investments (BoI) will not move to raise tariffs on imported vehicles contrary to some automotive companies’ fears, a ranking official said late on Monday.