free trade
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ASEAN to sign Hong Kong free trade deal in November

Sep 10, 2017 - 1:18 PM

Hong Kong also completes negotiations on an investment pact with ASEAN says Philippine Trade Undersecretary Ceferino Rodolfo

TRADE CENTRAL. Shipping containers stacked at a port terminal in Hong Kong on July 6, 2012. Dale dela Rey/AFP

Second round of NAFTA talks amid Trump threats

Sep 01, 2017 - 9:53 AM

UPDATED There are 25 issues on the agenda for this round each being discussed at a separate roundtable including e commerce the environment anti corruption measures investment and access to property markets

NAFTA. US President Donald Trump speaks following a meeting on infrastructure at Trump Tower, August 15, 2017 in New York City. File photo by Drew Angerer/Getty Images/AFP

NAFTA renegotiation talks open amid high expectations

Aug 16, 2017 - 2:00 PM

There are high expectations but vastly different views on how to remake the North American Free Trade Agreement NAFTA into a deal that pleases all sides

In this file photo, US President Donald Trump speaks before Rex Tillerson was sworn in as Secretary of State in the Oval Office at the White House in Washington, DC, on February 1, 2017. Nicholas Kamm/AFP

UK may seek temporary customs union after Brexit

Aug 15, 2017 - 9:00 AM

The Department for Exiting the EU says it will seek to agree a time limited period of implementation to provide certainty for businesses and allow for new customs arrangements to be set up

Canary Wharf, the London financial district, and the river Thames is seen in London on June 24, 2016. Leon Neal/AFP

U.S. seeks to renegotiate South Korea free trade deal

Jul 13, 2017 - 12:33 PM

The US free trade agreement with South Korea known as KORUS went into force in March 2012 since when Washington says its trade deficit with the country has more than doubled

This picture taken on September 3, 2016 shows a general view of the Hanjin Incheon Container Terminal in Seoul.  Ed Jones/AFP

Merkel takes aim at Trump ahead of stormy G20

Jun 29, 2017 - 3:57 PM

UPDATED Merkel vows to make a stand next week for climate protection and open markets at what is expected to be the most fractious G20 summit in years

REFLECTION. German Chancellor Angela Merkel reflects in a window as she gives a speech at the Bundestag (lower house of parliament) on June 29, 2017 in Berlin. John Macdougall/AFP

Canada to be 'firm' in trade conflicts with US – Trudeau

May 20, 2017 - 9:34 AM

Prime Minister Justin Trudeau says he will work very very hard to defend Canada s trade interests

WORLD LEADERS. In this file photo, US President Donald Trump (L) greets Canada's Prime Minister Justin Trudeau upon arrival outside of the West Wing of the White House on February 13 in Washington, DC. Photo by Mandel Ngan/AFP

How Chooks to Go built a business bigger than GMA Network

May 06, 2017 - 2:24 PM

Bounty Agro Ventures Incorporated – the group behind brands Chooks To Go Uling Roasters and Reyal – was not an overnight success While an egg takes about 21 days to hatch BAVI took 15 years

ASEAN PLAYER? Bounty Agro Ventures Incorporated, the largest poultry integrator in the Philippines and company behind the brand Chooks to Go, Uling Roasters, and Reyal, is setting its sight on regional expansion.

ASEAN ministers to raise flag vs protectionism

Apr 28, 2017 - 3:01 PM

Yes [we are] against protectionism Any move to reverse the track towards globalization it will be hard Integration should push through so trading as well as flow of goods and services will be easier Philippine Trade Secretary Ramon Lopez says

AGAINST PROTECTIONISM. 'Any move to reverse the track towards globalization, it will be hard. Integration should push through, so trading as well as flow of goods and services will be easier,' Trade Secretary Ramon Lopez says. Screenshot from Rappler livestream

Canada, Mexico win NAFTA breathing space

Apr 28, 2017 - 10:42 AM

But US President Donald Trump still left open the possibility of withdrawing from the pact if talks fail

WARM WELCOME. In this file photo, US President Donald Trump (L) greets Canada's Prime Minister Justin Trudeau upon arrival outside of the West Wing of the White House on February 13, 2017 in Washington, DC. File photo by Mandel Ngan/AFP

Trump agrees to NAFTA talks, no exit – for now

Apr 27, 2017 - 11:28 AM

3rd UPDATE Trump s unrelenting back and forth seemed certain to keep Washington s two closest trade partners on edge as they move to revamp one of the world s biggest trading blocs

In this file photo, US President Donald Trump speaks before Rex Tillerson was sworn in as Secretary of State in the Oval Office at the White House in Washington, DC, on February 1, 2017. Nicholas Kamm/AFP

Why you should care about ASEAN integration

Apr 26, 2017 - 9:15 AM

From working or studying abroad to traveling more overseas to having a better job these are ways the ASEAN integration can personally affect you

Villarin: PH to lose $12.8B in EU trade if death penalty returns

Feb 21, 2017 - 8:37 PM

Akbayan Representative Tom Villarin says one of the considerations for countries to continue having tariff free trading with the European Union is the non imposition of the death penalty

ANTI-DEATH PENALTY. Akbayan Representative Tom Villarin is one of the lawmakers opposing the return of the capital punishment. Screengrab from congress.gov.ph

#ThewRap: Things you need to know, February 16, 2017

Feb 16, 2017 - 10:24 AM

Hello Here are the stories you shouldn t miss this Thursday

Canada's Trudeau to visit the White House on Feb 13

Feb 10, 2017 - 9:50 AM

Canadian Prime Minister Justin Trudeau says strong ties with the United States help the middle class in both our countries

Canada's Prime Minister Justin Trudeau speaks during a press conference in Ottawa, Ontario, September 21, 2016. / AFP PHOTO / Lars Hagberg

Trump vows to 'start renegotiating' NAFTA

Jan 23, 2017 - 3:51 PM

Since Trump s November victory both Canada and Mexico have announced that they are willing to sit down with the new US administration to reexamine the free trade agreement

US President Donald Trump speaks during the swearing-in of the White House senior staff at the White House on January 22, 2017, in Washington, DC. Mandel Ngan/AFP

DTI chief Lopez: Trump's reforms align with Duterte's

Jan 20, 2017 - 3:13 PM

In an early session at the World Economic Forum 2017 DTI Secretary Ramon Lopez says he has observed that the US new economic priorities are aligned with Duterte s thrust to spur economic growth

ALIGNED POLICIES. Photo taken when Trade Secretary Ramon Lopez introduced President Rodrigo Roa Duterte during the Philippine-China Trade and Investment Forum held at the Great Hall of the People in Beijing on October 20. Toto Lozano/Presidential Photo

PH shelves TPP membership, eyes China-led RCEP

Nov 21, 2016 - 6:29 PM

UPDATED The Philippines eyes the China led Regional Comprehensive Economic Partnership as an ideal and lucrative market

TALE OF TRADE DEALS. With the TPP now apparently dead in the water, the Philippines puts focus on exploring opportunities in China-led RCEP. Background Photo by Brendan Smialowski/AFP

Asia-Pacific leaders defend trade against Trump tide

Nov 21, 2016 - 12:50 AM

US President elect Donald Trump s attacks on free trade deals are causing jitters in the Pacific Rim

China's President Xi Jinping (L) and others listen to US President Barack Obama (R) make a statement before a meeting November 19, 2016 in Lima, Peru. / AFP PHOTO / Brendan Smialowski

APEC: China pushes free trade as Trump leaves void

Nov 20, 2016 - 8:42 AM

UPDATED Chinese President Xi Jinping pushes Beijing s free trade plans at a summit of Asia Pacific leaders stepping up to fill the void left by US President elect Donald Trump s protectionism

APEC 2016. Leaders take part in the start of the ABAC and APEC Leaders' Dialogue at the Asia-Pacific Economic Cooperation Summit in Lima on November 19, 2016. Rodrigo Buendia/AFP

Asia-Pacific leaders talk trade in a Trump world

Nov 17, 2016 - 11:00 AM

Here are 3 big factors looming over the 21 nation Asia Pacific Economic Cooperation summit in Lima Peru

A man arrives at the convention centre prior to the upcoming APEC Finance Ministerial Meeting, in Lima, on October 12, 2016. Ernesto Benavides/AFP

Asia-Pacific leaders to talk trade in a Trump world

Nov 15, 2016 - 4:00 PM

This year s APEC Summit to be held in Peru may be unlike any other coming on the heels of Trump s shock win in the November 8 election

READY FOR APEC. A worker sweeps the front stairs of the convention centre prior to the upcoming APEC Finance Ministerial Meeting, in Lima, on October 12, 2016. Ernesto Benavides/AFP

Bracing for Trump, some in Canada see 'nothing good'

Nov 10, 2016 - 2:00 PM

Canada s exports to the US account for 20 of its gross domestic product and most analysts predict a drop in trade if Trump follows through with protectionist measures

Republican presidential elect Donald Trump speaks during election night at the New York Hilton Midtown in New York on November 9, 2016. / AFP PHOTO / JIM WATSON

IMF warns of protectionist threat to global growth

Oct 05, 2016 - 11:30 AM

The International Monetary Fund cuts its economic outlook for the United States but upgrades those for Japan and the eurozone

This IMF handout photo shows International Monetary Fund Economic Counsellor Maurice Obstfeld as he answers questions during the World Economic Outlook Press Conference at the IMF Headquarters during the 2016 IMF/World Bank Annual Meetings October 4, 201 in Washington, DC. / AFP PHOTO / IMF / Stephen Jaffe / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO /IMF/Stephen JAFFE" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

Britain faces free trade headache after Brexit vote

Sep 11, 2016 - 11:54 AM

International trade experts highlight Britain s lack of experience in free trade negotiations

BREXIT. A man in a pro-Brexit counter protest against pro-Europe marchers on a March for Europe demonstration against the Brexit vote in central London on September 3, 2016. Photo by Justin Tallis/AFP

UK trade envoy: Brexit opens door to new era of trade with PH

Aug 27, 2016 - 12:59 PM

Richard Graham MP Prime Minister Theresa May s handpicked trade envoy to the Philippines says negative perceptions on extrajudicial killings in the Philippines are unlikely to affect potential UK investments

IMF says not recanting on neoliberalism, austerity

Jun 03, 2016 - 2:30 PM

Maurice Obstfeld the International Monetary Fund s top economist says an article by 3 other IMF economists was widely misinterpreted

IMF economists question faith in neoliberal doctrine

Jun 01, 2016 - 11:05 AM

Instead of delivering growth some neoliberal policies have increased inequality says 3 economists from the International Monetary Fund

epa04824587 (FILE) A file photo dated 18 May 2011 showing the logo of the International Monetary Fund (IMF) at the entrance of the Headquarters of the IMF, also known as building HQ2, in Washington, DC, USA. Greece will not make the 1.6-billion-euro (1.8-billion-dollar) repayment due 30 June 2015 to the International Monetary Fund unless it strikes a deal in the coming hours with its creditors, Prime Minister Alexis Tsipras said in Athens as the deadline loomed. He implied that his left-wing government would resign if Greeks vote 'yes' in a planned 05 July referendum on a renegotiated bailout. The Greek vote is widely seen as deciding whether the near-bankrupt country stays in the eurozone. No country has left the currency bloc since its founding in 1999. EPA/JIM LO SCALZO

Global recovery 'too weak, too fragile' – IMF chief

Apr 05, 2016 - 11:00 PM

Christine Lagarde hints the International Monetary Fund will cut its global growth forecast for the year amid increasing risks

epa05244579 International Monetary Fund (IMF) Managing Director Christine Lagarde attends during a conference at the House of Finance of the university in Frankfurt, Germany, 05 April 2016. IMF Director Lagarde is holding a lecture in Frankfurt on 05 April with welcome remarks by Bundesbank president Weidmann. EPA/BORIS ROESSLER

US, Canada and Mexico sign clean energy pact

Feb 13, 2016 - 9:38 AM

The trio will also collaborate on environmental stewardship

Jokowi: Peraturan kawasan perdagangan bebas dan pemerintah daerah tak harmonis

Jan 05, 2016 - 7:42 PM

Kata Jokowi peraturan tentang Free Trade Zone Batam Bintan dan Karimun bermasalah

Presiden Jokowi pimpin Rapat Terbatas di Kantor Presiden, pada 5 Januari 2016. Foto dari Setkab.go.id

EU, Philippines to begin free trade talks

Dec 22, 2015 - 10:42 PM

A senior EU official says that the free trade talks will begin early 2016

PH, European negotiators narrow gap in free trade talks

Dec 07, 2015 - 5:59 PM

The Philippines and the European Free Trade Association eye another meeting in early 2016 on the planned free trade agreement

NEGOTIATIONS. Undersecretary Adrian S. Cristobal Jr. (left), spokesperson for the Philippines and Ambassador Didier Chambovey, spokesperson for European Free Trade Association meet for a fourth round of negotiations in Geneva, Switzerland in November. Photo from EFTA website

APEC 2015: Summit ends with looming trade deal competition

Nov 19, 2015 - 7:52 PM

The leaders declaration reiterates the need for an APEC wide free trade agreement

CONCLUDING. The leaders of Asia-Pacific Economic Cooperation's (APEC) 21 economies discuss how to boost regional trade at the 2015 APEC Economic Leaders' Meeting held on Thursday, November 19, 2015.

IN PHOTOS: MSMEs showcased at APEC's Int'l Media Center

Nov 19, 2015 - 2:47 PM

Philippine based micro small and medium enterprises feature culture history versatility in their craftsmanship

From Expo Mandaue. A 1959 Porsche convertible (not for sale) hand-made with coconut twigs and ratan encased in fiber glass is displayed at Expo Mandaue in the IMC. It was designed by Clayton Togonon. Photo by Pat Nabong/Rappler

Is Trans-Pacific Partnership friendly to small businesses?

Nov 19, 2015 - 6:43 AM

New Zealand and Hong Kong s leaders also weigh in on a trade deal for the region while China pushes for the FTAAP

APEC 2015: Xi pushes 'win-win' China-led trade deal

Nov 18, 2015 - 12:29 PM

We must commit ourselves to win win cooperation oppose protectionism and promote fair competition Chinese President Xi Jinping tells participants at the APEC CEO Summit

CHINESE LEADER. Chinese President Xi Jinping arrives at the international airport of Manila on November 17, 2015, to attend the Asia-Pacific Economic Cooperation (APEC) Summit hosted by the Philippines. Photo by Diego Azubel/EPA

APEC 2015: Trans-Pacific Partnership to transform Asia

Nov 17, 2015 - 9:11 AM

The TPP will raise standards throughout the Asia but those on the outside are set to lose out in the short term says the vice president of the US Chamber of Commerce

Asia-Pacific business leaders urge TPP members to ratify deal

Nov 16, 2015 - 4:45 PM

The Asia Pacific Economic Cooperation Business Advisory Council ABAC says the ratification of the Trans Pacific Partnership will help pave the way for the Free Trade Agreement of the Asia Pacific FTAAP

ABAC BRIEFING.(From left) Hiroyuki Suzuki, ABAC Japan; Rod Eddington, ABAC Australia, ABAC chair Doris Magsaysay Ho; and Tony Nowell, ABAC New Zealand give a news briefing on November 16, 2015.

VLOG: PH, Chile sign 2 agreements in Bachelet state visit

Nov 16, 2015 - 4:03 PM

The Philippines is the first southeast Asian country to have ties with Chile 70 years ago

Asia-Pacific free trade agreement to streamline trade deals, not rival TPP

Nov 16, 2015 - 2:20 PM

With about 150 trade agreements in the region the APEC Secretariat executive director says the grouping doesn t want to see different trade agreements going off in different directions

Trucks transport containers at the port of Qingdao in Qingdao city, eastern China's Shandong province, 11 January 2014. Wu Hong/EPA

US-China rivalry on backdrop of Asia summits

Nov 15, 2015 - 9:38 PM

Whether it s maritime security in the South China Sea or TPP on the agenda of APEC week the underlying theme is the US China contest for leadership in Asia in the Pacific century

PACIFIC POWERS. Chinese President Xi Jinping and US President Barack Obama will seek to assert their own countries' influence on the Asia-Pacific during the APEC and ASEAN summits this week. File photo by Erik S. Lesser/EPA

Why APEC trade repository will benefit small businesses

Nov 15, 2015 - 4:09 PM

UPDATED The portal which is a work in progress is aimed to provide timely information for micro small and medium enterprises to navigate cross border trade

PORTAL. (From left) DTI assistant secretary Rodolfo Ceferino; Mama Sita president Clara Reyes-Lapus; and Bureau of Import Services director Luis M. Catibayan launch on Sunday, November 15, 2015, the APEC trade repository, an online portal aimed to arm micro, small, and medium enterprises with information relevant to cross-border trade. All photos by Alecs Ongcal/Rappler

APEC 2015: Where PH stands in the Trans-Pacific Partnership

Nov 13, 2015 - 9:30 AM

UPDATED Interest in the TPP has surged on the eve of the APEC summit but it will take awhile to come into force say experts

JOINING THE CLUB. The 12 member TPP currently encompasses the United States, Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.

Peoples’ Forum 2015: 'APEC not good for Filipino masses'

Nov 12, 2015 - 1:25 PM

Representatives from the fields of economics trade and industry law and academe join DLSU students in analyzing the real impacts of APEC in the Philippine economy

PH exports post biggest decline in September

Nov 10, 2015 - 5:22 PM

Nonetheless signs of a possible rebound of the country’s merchandise exports in the fourth quarter are likely owing to better prospects in Japan US and the Eurozone says NEDA chief Arsenio Balisacan

A factory worker makes parts at a joint venture Chinese and Japanese electronics firm manufacturing digitally controlled machinery for automotive, aviation, chemical, and manufacturing industries, in Yinchuan, 03 September 2004 in northwest China's Ningxia Hui Autonomous region. Foreign investors are being lured with offers of preferential tax and land use treatment in a bid to encourage more foreign investment into China's impoverished western regions. AFP PHOTO/Frederic J. BROWN

The wRap Indonesia: Indonesian experts in Saudi, new mammal discovered

Oct 07, 2015 - 6:00 AM

Other stories include the importance of Indonesia for the Trans Pacific Partnership Indonesia s defense of its haze fighting efforts and Malaysia s sanctions from FIFA

DEAL SEALED. Trade ministers from the twelve Trans-Pacific Partnership (TPP) member countries participate in the closing press conference in Atlanta, Georgia, USA, October 5, 2015. Erik S Lesser/EPA

TPP must draw in Indonesia to be even more successful

Oct 06, 2015 - 12:17 PM

To really prove its muscle the Trans Pacific Partnership will have to draw in other major countries both economic powers such as South Korea and large emerging markets like India and Indonesia

DEAL SEALED. Trade ministers from the twelve Trans-Pacific Partnership (TPP) member countries participate in the closing press conference in Atlanta, Georgia, USA, October 5, 2015. Erik S Lesser/EPA

EU, Vietnam announce free trade deal

Aug 04, 2015 - 11:15 PM

The EU is holding separate talks with two other ASEAN members Malaysia and Thailand to try to secure similar free trade agreements

Frank Jessen (L), head of the European Union delegation to Vietnam, listens as Vietnamese Minister of Trade and Industry Vu Huy Hoang (R) speaks during a joint press conference to announce the conclusion of 3-year-long negotiation for a Vietnam-EU Free Trade Agreement in Hanoi on August 4, 2015. AFP PHOTO / HOANG DINH Nam

PM Inggris tolak permintaan Jokowi turunkan bea masuk

Jul 27, 2015 - 10:48 PM

Diminta Jokowi menurunkan bea masuk bagi produk Indonesia PM Inggris David Cameron malah menyarankan Jokowi membuat FTA dengan Uni Eropa

Presiden Indonesia Joko Widodo dan PM Inggris David Cameron berbincang-bincang di Istana Presiden, 27 Juli. Cameron mengunjungi Indonesia untuk meningkatkan kerja sama ekonomi antara kedua negara. Foto oleh Mast Irham/EPA