EXPORTS of coconut oil from the Philippines, the world’s biggest supplier, more than doubled last month, boosted by delayed July shipments, an industry group said on Tuesday.
NEW ZEALAND expects to bring in more trade missions, in the hopes of doubling its merchandise exports to the Philippines in 2025.
CEBU CITY — A regional official of the Philippine Coconut Authority (PCA) said the Philippines could lose its position as the second biggest coconut producer in the world as productivity has declined in Visayas.
HAMBURG — A group of animal feed makers in the Philippines has purchased 83,475 metric tons (MT) of soymeal to be sourced from the United States and Argentina in a tender that closed on Tuesday, European traders said on Wednesday.
JUST last week, the Philippines hosted the 23rd World Economic Forum (WEF) on East Asia. It was attended by the host country’s leader, President Benigno Aquino III, as well as leaders of other Association of Southeast Asian Nations (ASEAN) countries and over 600 delegates from business, finance and civil society.
A LIST of measures intended to ease trade facilitation in the Philippines will likely be submitted to the World Trade Organization (WTO) later this year, an official yesterday said.
EMERGING Asian economies, including the Philippines, must implement labor policies that promote workers’ rights if the region is to realize and sustain its growth potential.
BACOLOD CITY — President Benigno S.C. Aquino III yesterday led the inauguration of the first and largest commercial-scale solar plant in the Philippines.
ECONOMIC TIES between the Philippines and China are expected to improve should the heightening territorial dispute over portions of the South China Sea be resolved through bilateral means, a Chinese embassy official said on Wednesday evening.

MANILA — The Philippines said Saturday it was stepping up its defenses against the deadly MERS virus, with the large numbers of Filipino workers in the Middle East seen as potential carriers. “It is important that families, friends and members of their local communities fully understand all that must be known about the MERS coronavirus,” Health Secretary Enrique Ona told a news conference. A male Filipino nurse who had tested positive for the MERS (Middle East Respiratory Syndrome) virus in the United Arab Emirates returned to the Philippines on Tuesday, according to the health department. The man was later tracked down and quarantined, along with relatives who picked him up at Manila airport, as part of the increased monitoring procedures, but all of them were subsequently found to be free of the virus, Ona said. Health authorities were continuing to track the rest of the 418 passengers on the same Etihad Airways flight, including 45 foreigners, so they could also be tested, he added. The virus has a two-week incubation period, so all those passengers “are still deemed to be at risk”, Ona said. A total of 119 passengers had so far been contacted by the health department, and all 40 who were tested yielded negative results, Ona said. While the World Health Organization has not declared a MERS epidemic, the Philippines has stepped up monitoring as it has a large number of workers in the Middle East, many of whom work in Saudi Arabia and the UAE which have Read More …