The manufacturing sector grew by an average of 10 percent in the first six months of 2017 due to sustained domestic and improved external demand, according to the National Economic and Development Authority. This growth was backed by increased production in food manufacturing, basic metals, transport equipment, fabricated metal products, non-metallic mineral products, and export-oriented continue reading : MANUFACTURING POSTS DOUBLE-DIGIT GROWTH IN FIRST HALF OF 2017
STRONG INVESTMENT DEMAND DRIVES IMPORTS GROWTH, PH outpaces Asian peers with its 16.8-percent imports growth
MANILA – Strong domestic demand for raw materials and intermediate inputs, capital and consumer goods kept Philippine merchandise imports in October 2015 in the positive territory for the fifth consecutive month, according to the National Economic and Development Authority. Trade data released by the Philippine Statistics Authority today indicate a 16.8-percent increase in spending on continue reading : STRONG INVESTMENT DEMAND DRIVES IMPORTS GROWTH, PH outpaces Asian peers with its 16.8-percent imports growth
Imports growth remains buoyant in September 2015, robust economic activity expected with 40.7% growth in imported capital goods
MANILA – Double-digit increases in the importation of raw materials and intermediate goods, capital and consumer goods kept Philippine merchandise imports afloat in September 2015, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total payments for imports increased by 6.7 percent to US$6.2 billion in September 2015 continue reading : Imports growth remains buoyant in September 2015, robust economic activity expected with 40.7% growth in imported capital goods
IMPORTS GROW BY 4.1 PERCENT IN AUGUST 2015, Holiday and onset of election season expected to boost imports further
MANILA – Philippine merchandise imports increased by 4.1 percent in August 2015 on the back of higher payments for raw materials, intermediate goods, and consumer goods, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported that although the said increase is lower than the double-digit growth registered last month, payments continue reading : IMPORTS GROW BY 4.1 PERCENT IN AUGUST 2015, Holiday and onset of election season expected to boost imports further
Imports maintain double-digit growth in July 2015
MANILA – Philippine merchandise imports posted double-digit growth for the second consecutive month at 16.9 percent in July 2015, according to the National Economic and Development Authority (NEDA). Trade data released by the Philippine Statistics Authority today indicate that significant increases in inward shipments from the country’s major trading partners buoyed up merchandise imports to continue reading : Imports maintain double-digit growth in July 2015
PH imports recover, reach highest growth for 2015
MANILA – Philippine imports recorded its highest growth for the year at 22.6 percent in June 2015, recovering from three consecutive months of contractions since March, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported today that the spending for imported goods rose to US$5.9 billion in June 2015 continue reading : PH imports recover, reach highest growth for 2015
Upbeat business sentiment backs growth in imports volume in May 2015; Sustained growth in imported capital goods bodes well for economy, NEDA says
MANILA – The volume of total imported merchandise recorded a 7.1-percent expansion, even as total payments declined by 13.4 percent, from US$5.1 billion in May 2014 to US$4.4 billion in the said period. The country’s importation of capital goods also sustained its double-digit growth in May 2015, according to the National Economic and Development Authority continue reading : Upbeat business sentiment backs growth in imports volume in May 2015; Sustained growth in imported capital goods bodes well for economy, NEDA says