The Philippines is exploring fresh collaborations with Saudi Arabia in the sustainability and halal sectors, the Department of Trade and Industry (DTI) announced on Monday.
Thai rice exporters are bracing for increased competition as India's decision to lift its export restrictions threatens to drive down global prices, the Rice Exporters Association of Thailand has warned.
The Center for Strategic and International Studies (CSIS) on Monday cited various strategies to further boost economic ties between the Philippines and the United States.
Vietnam continues to assert its dominance as the top rice exporter to the Philippines, with 2.91 million tonnes shipped as of the late October, or over 79% of the Philippines' total rice imports.
Thailand is holding talks with Russia to expedite negotiations for a free trade agreement (FTA) with the Eurasian Economic Union (EAEU).
Indonesia is considering the import of 1 million tonnes of rice from India next year to ensure supply until its main harvest, Coordinating Minister for Food Affairs Zulkifli Hasan has said.
THE government is urging British investors to choose to do business in the Philippines, as the country will deliver on bringing significant returns and opportunities to grow and prosper.
In September, the Thai economy saw a slowdown in economic activities, with exports declining and private consumption and manufacturing production decreasing. Despite this, government spending increased, and foreign tourism receipts improved. Inflation increased across all major categories, and the current account surplus narrowed. The labor market remained stable, with improvements in tourism-related services employment but weaknesses in the construction and trade sectors.