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Philippines FDI net inflows drop by 29.6 pct in October

MANILA, Jan. 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 29.6 percent in October 2023 to 655 million U.S. dollars, the country's central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the latest figure brought the country's FDI net inflows from January to October 2023 to 6.5 billion dollars, a 17.5 percent decline from the same period.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

'India, Russia have taken extra care to look after each other s interests': EAM Jaishankar

Singapore, March 25 (ANI): External Affairs Minister S. Jaishankar on Sunday stressed that Russia is a country with which India has always had a positive relationship. While addressing the members of the Indian Community in Singapore, Jaishankar said that both countries have taken extra care to look after each other's interests. "I will ask myself...Has Russia helped us or harmed us?...Are there gains to be made from Russ.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

'India, Russia have taken extra care to look after each other s interests': EAM Jaishankar

Singapore, March 25 (ANI): External Affairs Minister S. Jaishankar on Sunday stressed that Russia is a country with which India has always had a positive relationship. While addressing the members of the Indian Community in Singapore, Jaishankar said that both countries have taken extra care to look after each other's interests. "I will ask myself...Has Russia helped us or harmed us?...Are there gains to be made from Russ.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

Russia asserts full control of Avdiivka, reports presence of Ukrainian troops in town

The Daily Guardian: Russia Captures Key Ukrainian Town of Avdiivka In a significant development, Russia has gained control of the Ukrainian town of Avdiivka, marking.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 18th, 2024

Russia and Ukraine engage in retaliatory air strikes following Russian warship sinking

Title: Russia and Ukraine Continue Cross-Border Attacks, Casualties Reported Date: [Insert Date] Byline: [Author Name] In a recent escalation of the ongoing conflict between Russia.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 16th, 2024

Sara reveals she will run in next polls

Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Get your crowns ready: SIX the Musical hitting Manila in October

The award-winning production "SIX the Musical" will be staged in the Philippines this October......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

LANY to return to Philippines in October 2024

Pop-rock band LANY fulfilled their promise to return to Manila as they announced that they will bring their "A Beautiful Blur World Tour" to Philippine Arena on October 12. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 5th, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Grave threat complaint vs ex-president Duterte junked

DAVAO CITY (MindaNews / 12 January) – The Office of the City Prosecutor in Quezon City has dismissed the complaint for grave threat filed by ACT Teachers Partylist Rep. France Castro against former President Rodrigo R. Duterte by October 24 for insufficient evidence. In a 13-page resolution dated January 9 but only released on Friday, […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Lascañas, ex-cop, claims Sara Duterte ‘invented’ Tokhang

MANILA, Philippines — A confessed Davao Death Squad (DDS) gunman claimed that “Oplan Tokhang,” the brutal “knock and plead” anti-drug operation carried out by former President Rodrigo Duterte’s administration was a brainchild of then Davao City Mayor Sara Duterte. The confessed DDS gunman also claimed that the brother of then Mayor Sara Duterte, then Vice.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2024

Angel s Walk for Autism in Cebu returns to SM Seaside April 21

Angel s Walk for Autism in Cebu returns to SM Seaside April 21.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Marian Rivera returns to GMA Prime

Marian Rivera returns to GMA Prime.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

NCC Marathon returns for bigger challenge in 2024

NCC Marathon returns for bigger challenge in 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

‘Tatak UP awards’ returns

‘Tatak UP awards’ returns.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Red Bull Half Court Returns with 3-on-3 Streetball, Seeking Top Talent for Thrilling New York City World Finals!

Red Bull Half Court returns for another year, calling out to the best ballers for the ultimate 3-on-3 streetball showdown. This time the competition is set to be even more intense, as players from Luzon to Mindanao battle it out in the regional qualifiers in Manila, Cebu, and Davao to determine who will secure a […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 23rd, 2024

Limpag: Freddy Gonzales returns; Rodney Orale gets spot in technical committee

Limpag: Freddy Gonzales returns; Rodney Orale gets spot in technical committee.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Way Pinoy nga naangol sa pag-atake sa IS sa Russia

Way Pinoy nga naangol sa pag-atake sa IS sa Russia.....»»

Category: newsSource:  sunstarRelated NewsMar 24th, 2024