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(Eagle News) — The Bureau of Customs posted a P3-billion collection surplus in January amid the COVID-19 pandemic. The bureau said the P47.143 billion it collected last month was P3.051 billion more than the P44.092 billion January 2021 collection target. That translates to an increase of 6.92 percent. According to the bureau, based on the preliminary report from the bureau’s Financial Service unit, eleven out of the seventeen collection districts surpassed their January 2021 collection […]
BEIJING, China (AFP) — China’s global trade volume rose last year but its surplus fell again as its imports outpaced its exports, official data released Monday showed amid a bruising trade war with the United States. Total trade reached $4.62 trillion, a 12.6 percent rise from 2017, according to customs data. But the trade surplus for the world’s second largest economy fell 16.2 percent to $351.76 billion, as imports rose 15.8 percent while exports gained […]
