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Philippines Defense Secretary wants more troops in islands near Taiwan
MANILA, The Philippines: The Philippines is set to bolster its military presence on islands adjacent to Taiwan, aiming to enhance its territorial defense capabilities, as announced by Defense Secretary Gilberto Teodoro. During his visit to naval facilities on the remote Batanes islands, less than 125 miles from Taiwan, Teodoro instructed the military to increase troop deployments and called for the development o.....»»
Cebu City buy-bust: P278,800 shabu seized, 9 nabbed on Friday
CEBU CITY, Philippines – Nine men were arrested in separate buy-bust operations in Cebu City on Friday, March 1, while suspected shabu worth P278,000 were also seized. The two buy-bust operations were done by the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) in coordination with the Cebu City Police Office (CCPO). Law enforcers conducted the first.....»»
Recto backs insurance for OFWs
The availability of insurance products should extend to overseas Filipino workers , according to Finance Secretary Ralph Recto – indicating the possible lifting of restrictions in the current framework......»»
Philippines, US discuss EDCA site logistics
Defense officials of the Philippines and the United States met to discuss the logistics capabilities in Enhanced Defense Cooperation Agreement sites, the Department of National Defense said yesterday......»»
Philippines defense strategy operationalized
The Philippines is setting into motion a defense strategy focused on securing and protecting the country’s territorial waters, including marine resources, Defense Secretary Gilbert Teodoro Jr. said yesterday......»»
Philippines mulls defense asset acquisition from Sweden
The Philippines, through the Department of National Defense , is exploring the possibility of acquiring defense assets from Sweden......»»
M2 MacBook Air Reaches All-Time Low Prices at Best Buy, Save Up to $300
Best Buy Offers Unbeatable Deals on M2 MacBook Air Models Tech enthusiasts and Apple fans rejoice as Best Buy announces its latest promotion on the.....»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
DoF considering IPOs for LandBank, DBP
The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»
Landbank-DBP merger not pushing through – Recto
The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»
New Delhi raises target for defense exports
India is set to increase production of aircraft engines and gas turbines, aiming to become a major player in the arms tradeThe Indian government has increased its annual target for defense and aerospace production to $36 billion, while raising the export target to $6 billion. Indian Defense Minister Rajnath Singh said the country aims to increase its production of jet engines and gas turbines to.....»»
Recto sees ‘realistic’ 6-6.5 percent growth for Philippines
Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»
Recto backs MUP pension for new entrants only
Finance Secretary Ralph Recto is pushing for changes in the pension scheme of military and uniformed personnel (MUP), but only for new entrants, in yet another deviation from his predecessor......»»
US, China defense chiefs hold first call since 2022
Pentagon - U.S. Defense Secretary Lloyd Austin spoke with his Chinese counterpart on Tuesday, the first dialogue between the two countries' defense chiefs in nearly 17 months.The Pentagon said Austin and Chinese Admiral Dong Jun discussed "defense relations" and global security issues from Russia's unprovoked war in Ukraine to recent provocations from North Korea. A press release said Austin stressed the importa.....»»
EDCA with Canada, defense pact with UK – DND
Defense Secretary Gilbert Teodoro Jr. confirmed on Tuesday that a memorandum of agreement or understanding with Canada on enhanced defense cooperation is in the works and may be signed soon......»»
Defense, disaster reduction efforts highlight OCD s Canadian partnership
The Office of Civil Defense (OCD) and the Embassy of Canada officials held a dialogue on areas of cooperation, focusing on the former’s priority programs in civil defense and disaster risk reduction and management (DRRM)......»»
Swedens Defense Ministry Causes Panic with Dire War Warning – The Daily Guardian
Title: “Swedish Defense Officials Warn of Impending Conflict as NATO Membership Looms” In a shocking revelation, Swedish defense officials have issued a warning regarding the.....»»
Recto pitches Maharlika fund to Australians
Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»
Recto bats for tax, tariff relief for hybrids
Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»
Budget surplus unlikely to last – Recto
The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»