
Philippines' Trade Deficit Widens to $5.15 Billion in September
The Philippines recorded a wider trade deficit of $5.15 billion in September, up from a revised $4.29 billion gap in the previous month. While both imports and exports saw significant annual increases, imports grew at a faster pace.
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
- Dangwa Flower Market Sees Stable Sales, Price Hike Expected for Undas Weekend
Sales at Manila's Dangwa Flower Market remain normal ahead of the "Undas" observance, though prices are anticipated to rise slightly over the weekend due to increased demand for offerings at gravesites.
- P3.5 Billion Shabu Smuggling Bid from Laos Exposes Vast Philippine Network
The foiled smuggling of 521 kilograms of suspected shabu worth P3.5 billion from Laos to the Philippines has exposed the vast drug market within the country and the sophisticated network supporting it. Authorities point to the involvement of domestic criminal groups responsible for financing, receiving, and distributing the illicit substances.
- DA Braces for Costlier Rice Imports Amid Weak Peso
The Philippine Department of Agriculture (DA) is preparing for increased rice import costs due to the weakening peso. This comes as the country plans to import more rice to mitigate the impact of El Niño on domestic production, raising concerns about price pressures on consumers.
- Budget Insertions Alarm Business Groups Anew
Over 30 business and civil society groups in the Philippines have urged Congress to block budget insertions lacking technical justification in the 2027 national budget, seeking to prevent a recurrence of 'ghost' projects.