ING senior economist Nicholas Mapa said a bigger-than-expected drop in exports and surprise rise in capital imports have resulted in a deeper trade deficit for November last year.
Latest data from the Philippine Statistics Authority (PSA) showed the country’s trade deficit widened to $4.69 billion in November from $4.39 billion in October.
“This development suggests that the current account is likewise in shortfall and points to sustained pressure on the Philippine peso in the coming months,” Mapa said.
Esta historia es de la edición January 22, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición January 22, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Zia Dantes is Breakthrough Child Performer at 37th Aliw Awards
Zia Dantes, the eldest child of Kapuso couple Dingdong Dantes and Marian Rivera, has gained a new milestone in her young but promising career, after winning the Breakthrough Child Performer of the Year award at the 37th Aliw Awards.
Why the future looks bright for The Brut Collective
Andy Warhol, an American visual artist and prominent figure in the pop art movement, once remarked, \"Don't think about making art, just get it done.
JULIA BARRETTO: CONTROVERSIES DON'T DEFINE WHO WE ARE
THE PRECIOUS INSIGHTS THAT Julia Barretto has gained from both successes and challenges over the years in the entertainment business, starting from her childhood, have shaped the person she is today.
ROLLING STONE PHILIPPINES WILL COVER STORIES BEYOND MUSIC
Last Dec. 12, Rolling Stone Philippines finally launched at Salon De Ning, The Peninsula Manila.
A CHRISTMAS STRATEGY: HOW TO SURVIVE THE HOLIDAYS
I change my strategy on how to navigate the holidays every so often. Mainly, it's to avoid stress.
A merry birthday for Ching Cruz
To celebrate her birthday, lovely Ching Cruz decided to have a festive gathering for her good friends with a request that each guest bring an exchange gift so that everyone would be able to bring home a special gift.
Kimono: An evolving icon of fashion
The kimono is one of the most recognizable forms of national dress, wielding its influence in fashion, art and media.
Golden MV gets stockholders' nod for corporate name change
Listed Golden MV Holdings Inc. of tycoon Manuel Villar Jr. is all set for its corporate name change after obtaining the approval of the company's stockholders.
Souped-up, sportier, and sprightlier
The significantly refreshed Porsche Taycan is all these and more
Happiness is on the way this December for Toyota customers
Amazing deals on the Corolla Cross, Yaris Cross, and more await
