
Philippine Trade Deficit Widens to $5.15 Billion in September
The Philippines' trade deficit expanded by 10.3% year-on-year to $5.15 billion in September, primarily driven by import growth outpacing exports. Key contributors to the increased imports included electronic products and mineral fuels. This marks the widest trade deficit recorded since 1991.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Navotas gets over P2.2B infra budget under House-approved national budget
Navotas City's lone district is set to receive over P2.28 billion for infrastructure projects under the Department of Public Works and Highways (DPWH) as part of the House-approved P7.2 trillion national budget for 2027. Navotas Representative Tobias Tiangco disclosed this on Facebook Live, emphasizing the importance of transparency.
- Jollibee Eyes Over 1,500 Expansion Sites Nationwide
Jollibee Foods Corp. (JFC) has identified over 1,500 potential trade areas for expansion nationwide between 2027 and 2030. The company plans to focus heavily on areas outside Metro Manila to drive growth for its key brands.
- Gasoline Prices May Rise by Up to P3/Liter Next Week, Diesel Seen Rolling Back P0.60
Filipino motorists can expect a mixed movement in pump prices next week, with gasoline potentially increasing by up to P3 per liter and diesel seeing a rollback of P0.60. Geopolitical tensions in the Middle East are supporting crude oil prices, while improved fuel supply prospects from China and South Korea are moderating gains.
- Prosecutor Flags Potential Tax Evasion in VP Duterte's Income-Deposit Gap
A prosecutor in the impeachment trial of Philippine Vice President Sara Duterte has highlighted a P111.85 million gap between her declared income and bank deposits, raising questions about potential tax evasion. The discrepancy fuels concerns about her unexplained wealth and tax compliance.