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Govt may reduce rice imports to 100,000 MT

February 11, 2012

The Philippines may cut rice imports to about 100,000 tons in 2013, Agriculture Assistant Secretary Dante Delima told reporters Thursday. Read the rest of this entry »

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Imports growth falls sharply in November

December 29, 2011

The country’s merchandise imports grew at a slower pace in October mainly because of the continued drop of electronic product order from abroad, according to the National Statistics Office (NSO). Read the rest of this entry »

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Imports grow 10% to $4.9B in August

October 26, 2011

Imports rose by double digits in August mostly as a result of higher purchases of fuel products, the National Statistics Office (NSO) said. Read the rest of this entry »

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Import growth up 6.6% in July

September 28, 2011

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 Read the rest of this entry »

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Manila cuts sugar imports on supply glut

September 24, 2011

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. Read the rest of this entry »

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Imports rose 6.6% in June to end 6-month skid

August 26, 2011

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. Read the rest of this entry »

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Imports, factory output on a skid

July 27, 2011

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. Read the rest of this entry »

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Car importers report 6% hike in H1 sales

July 13, 2011

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. Read the rest of this entry »

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The Philippines imports nearly all of its crude oil

June 29, 2011

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. Read the rest of this entry »

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Streamline tax incentives, IMF lectures government

June 7, 2011

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. Read the rest of this entry »