Exports, imports slump on supply chain disruptions
Global and domestic supply chain disruptions caused by the COVID-19 pandemic, which limited movement not only of people but also of goods, inflicted a sharp drop in the Philippines’ exports…
BOC, heeding Duterte, adds 10 percent tax on oil imports to raise COVID-19 funds
The Bureau of Customs (BOC) will start collecting an additional 10 percent duty on oil imports, an essential product, following President Rodrigo Duterte’s directive to raise more funds for COVID-19…
Dip in March exports, imports blamed on pandemic-disrupted supply chain
MANILA, Philippines – Global and domestic supply chain disruptions caused by the COVID-19 pandemic, which limited movement not only of people but also of goods, inflicted a sharp drop in…
Rice imports to help PH, not hurt local farmers
The country’s grains agency has assured local farmers that the government’s planned importation of rice would not adversely affect their livelihood but instead help the nation as it grapples with…
Imports slump as pandemic affects trade with China
Imports slid by more than a tenth in February as shipments from China—the Philippines’ top source of foreign-made goods—contracted at the onset of the COVID-19 pandemic. Preliminary figures released by…
PH imports slide down in February as COVID-19 creeps into China trade
Imports slid by over a tenth in February as shipments from China—the Philippines’ top source of foreign-made goods—contracted at the onset of the COVID-19 pandemic. Initial figures released by the…