PH exports continue to recover boosted by surge in coconut oil sales

Despite continued disruptions in the global economy due to COVID-related restrictions, the Philippine exports grew by 15.2% from January to November 2021 to USD 68.4B compared to the same period in 2020, based on Philippine Statistics Authority (PSA) preliminary data. Philippine merchandise exports increased by 6.6% year-on-year (YOY) amounting to USD 6.3B in November 2021 continue reading : PH exports continue to recover boosted by surge in coconut oil sales

PH records export growth momentum despite challenges in global trade

MANILA—Despite some disruptions in the reopening of the global economy and in international trade, cumulative Philippine exports reached USD 62.1 billion in January-October 2021, growing by 16.1% compared to the same period last year and 5.71% higher than the pre-pandemic average values from 2016 to 2019. Merchandise exports increased by 2% year-on-year (YOY) to USD continue reading : PH records export growth momentum despite challenges in global trade

National Exports Congress poster

Export Congress to push export recovery under ARISE theme, programs

Poised to sustain and increase the growth momentum, stakeholders of the export industry will virtually gather again in a series of activities to share and discuss ways forward from this pandemic.  Under the theme “A.R.I.S.E. Exports: Accelerate Rebuilding, Innovation, Support and Empowerment of Philippine Exports”, the National Exporters Week (NEW) will feature a series of continue reading : Export Congress to push export recovery under ARISE theme, programs

Virtual MIHAS 2021 features PH Halal Products

Certified-Halal exports from the Philippines are now featured in the first ever Virtual Malaysia International Halal Showcase (MIHAS) 2021 that runs today until 31 December 2021 ( www.mihasvirtual.com.my ). Malaysia hosts the World’s Largest Halal Exhibition – a vibrant marketplace for both international and local manufacturers of Halal-Certified products and services.  MIHAS offers opportunities beyond continue reading : Virtual MIHAS 2021 features PH Halal Products

construction silhouette

Construction industry contributes 16.6% to GDP amidst pandemic

On the second quarter of 2021, Philippine gross domestic product (GDP) posted an 11.8% growth, according to the Philippine Statistics Authority (PSA). The construction industry is one of the main contributors to the growth together with manufacturing, wholesale and retail trade as well as repair of motor vehicles and motorcycles. Among the major economic sectors, continue reading : Construction industry contributes 16.6% to GDP amidst pandemic

GO LOKAL E-poster Announcement

118 PH enterprises join the second ASEAN Online Sale Day, 8 – 10 August 2021

Brunei Darussalam   Consumer Goods Biogenic by Cosmetique Asia Silka  x Lazada by Cosmetique Asia Silka  x Shopee by Cosmetique Asia Jegen Swe Enterprises    Crafts Wovencrafts, Inc. Tagolwanen Women Weavers Association, Inc. (TWWA) Enterprise   E-marketplace Shopee Philippines   Fashion Puyo Handicrafts YHF House of Fashion Suyen Corporation – Bench Siklo Enterprises   Food continue reading : 118 PH enterprises join the second ASEAN Online Sale Day, 8 – 10 August 2021

June Exports

June exports expand 9.49%, as gains for the first half of the year climb

Total Philippine exports surged to an almost double-digit increase in June this year by 9.49% and gaining USD563.9M.  The growth is attributed to the reopening of the global markets like US, China and EU, as well as the continuing policy to keep the export operations at full capacity despite the lockdowns.  Meanwhile, imports grew slower continue reading : June exports expand 9.49%, as gains for the first half of the year climb