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Foreign trade decline continues in October

BusinessWorld December 11, 2020 | 12:32 am th straight month and exports returned to negative territory. Preliminary data by the Philippine Statistics Authority (PSA) showed merchandise exports in October contracted by 2.2% year on year to $6.202 billion, compared with a revised 2.9% growth in September and a flat 0.5% growth in October 2019. Prior to that, the export growth in September marked the first expansion in seven months. Meanwhile, merchandise imports shrank for the 18 th straight month in October by 19.5% to $7.979 billion. This was worse compared with the 15.3% and 7.6% contractions logged in September 2020 and October 2019, respectively. Trade deficit for the month stood at $1.777 billion, lower than $1.783 billion in September 2020 and $3.573 billion in October 2019.

United statesSergior ortiz luis jrKarl kendrickt chuaBeatricem laforgaMichelle annep solimanRuben carloPhilippine exporters confederation incAssociation of southeast asian nationsPhilippine statistics authorityDevelopment budget coordination committeeJpmorgan research analyst milo gunasinghePhilippines incSoutheast asian nationsSenior economist nicholas antonioChief economist ruben carloAsian institute

Agricultural workforce average age of 57 seen as threat to food security

BusinessWorld December 10, 2020 | 7:45 pm AGRARIAN REFORM Secretary John R. Castriciones said farmers need to encourage their children to take up agricultural courses to lower the average age of the farming workforce. Appearing on the Department of Agrarian Reform’s “Radyo Agraryo” program, Mr. Castriciones said the average age of farmers is 57, raising questions about the sustainability of the food supply. “In a decade, this farmer can no longer be as strong and as efficient on the field as he or she was in the earlier days. The prospects for retirement are dim for this farmer unless the younger set take over the farmer’s tasks,” Mr. Castriciones said.

Revin mikhaeld ochaveJohnr castricionesDepartment of agrarian reform radyo agraryoPhilippine statistics authorityAgrarian reformRevin mikhaelபிலிப்பைன் புள்ளிவிவரங்கள் அதிகாரம்

PSA: Trade gap narrowed to $1 776B in October

Data released by the Philippine Statistics Authority (PSA) on Thursday showed that the balance of trade in goods fell 50.3% to a $1.776-billion deficit in October from the $3.572-billion deficit the same month last year and the $1.782-billion deficit in September. A deficit indicates that the value of a country’s imports exceeded export receipts, while a surplus indicates more export shipments than imports.

United statesHong kongSouth koreaPhilippine statistics authorityஒன்றுபட்டது மாநிலங்களில்ஹாங் காங்தெற்கு கொரியாபிலிப்பைன் புள்ளிவிவரங்கள் அதிகாரம்

Exports return to negative territory; imports continue free fall

Exports return to negative territory; imports continue free fall
inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.

Karl kendrick chuaNicholas antonio mapaNational economicPhilippine statistics authorityDevelopment authorityInquirer businessகார்ல் கெஂட்‌ரிக் சுயநிக்கோலஸ் அன்டோனியோ மாபாதேசிய பொருளாதாரபிலிப்பைன் புள்ளிவிவரங்கள் அதிகாரம்வளர்ச்சி அதிகாரம்விசாரிப்பவர் வணிக

Trade deficit narrows on weak imports, exports – Manila Bulletin

Trade deficit narrows on weak imports, exports – Manila Bulletin
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

Karl kendrickt chuaPhilippine statistics authorityPublic serviceSoutheast asianPublic service actபிலிப்பைன் புள்ளிவிவரங்கள் அதிகாரம்பொது சேவைதென்கிழக்கு ஆசியபொது சேவை நாடகம்