The Philippines may have to brace for higher export costs to the United States this year in case US President Donald Trump takes away the low tariffs currently being enjoyed under Washington’s Generalized System of Preferences (GSP), according to Maybank Kim Eng Research.
Trade and Industry Secretary Ramon M. Lopez has kept his cool as he sent a very diplomatic letter to his Thailand counterpart on hopes the fellow ASEAN will finally honor its obligation to comply with the ruling of the WTO to remove its discriminatory taxes on Philippine cigarettes.
PROJECTS approved by the Asian Development Bank (ADB) in the first three years of the Duterte administration nearly doubled compared to those approved in the previous administration.
The Asian Development Bank has signed a $50 million loan agreement to spur internet use in the Asia-Pacific region, with half the financing coming from a fund supported by the Japan International Cooperation Agency
The Embassy of Canada is pleased to announce that 11 organizations from across the Philippines will receive support from the Canada Fund this year.
The Philippines and the US are expected to finalize this year the bilateral trade of blueberries and pineapples. The Department of Agriculture-Bureau of Plant Industry (DA-BPI) said the entry of US blueberries and the expanded entry of Philippine pineapples are in their final stages.
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