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India, Philippines have seen very perceptible growth in recent times: Jaishankar

Manila [Philippines], March 26 (ANI): Hailing ties between India and the Philippines, External Affairs Minister S Jaishankar, who is on a visit to the Philippines on Tuesday, said that ties between Delhi and Manila have witnessed a very perceptible growth in recent times. Addressing a joint press briefing with Philippine Secretary of Foreign Affairs Enrique Manalo, Jaishankar said, "As you all know, India's ties with the.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 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

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Moody’s, Fitch research arms see rate cuts in 2nd half

The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Tourist arrivals seen to breach pre-COVID-19 levels

The country’s tourism sector is expected to sustain its recovery this year, with international arrivals hitting 8.21 million, effectively closing in to pre-COVID levels, according to a unit of Fitch Solutions......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Indonesia s Prabowo Likely to Keep Close Ties With China

Taipei, Taiwan - Defense Minister Prabowo Subianto, once a fierce critic of China, has emerged as the likely winner of Indonesia's presidential election. His presumed victory, analysts say, is unlikely to lead to any major shifts in the Southeast Asian nation's relations with Beijing.However, concerns about work safety and environmental pollution linked to Chinese investments, as well as Beijing's claims in the.....»»

Category: sportsSource:  abscbnRelated NewsFeb 18th, 2024

Indonesia s Prabowo Likely to Keep Close Ties With China

Taipei, Taiwan - Defense Minister Prabowo Subianto, once a fierce critic of China, has emerged as the likely winner of Indonesia's presidential election. His presumed victory, analysts say, is unlikely to lead to any major shifts in the Southeast Asian nation's relations with Beijing.However, concerns about work safety and environmental pollution linked to Chinese investments, as well as Beijing's claims in the.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

MullenLowe MARC wins top honor for PR Programs at 59th Anvil Awards

MullenLowe MARC, the public relations unit of MullenLowe TREYNA, took home 12 Anvils at the 59th Anvil Awards organized by the Public Relations Society of the Philippines (PRSP)......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

‘Impact of Baltimore bridge collapse on Philippine exports minimal’

The collapse of the Baltimore bridge which led to the closure of the Port of Baltimore is expected to have minimal impact on the country’s exports, according to the Department of Trade and Industry.....»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Baltimore bridge collapse could lead to delayed shipments, higher shipping costs

The closure of the Port of Baltimore in the US following the collapse of the Baltimore key bridge is expected to lead to shipment delays and higher shipping costs......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Emergency protocols in case of bridge collapse sought

Emergency protocols in case of bridge collapse sought.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Hope for more survivors from Baltimore bridge collapse fades

BALTIMORE  – The coast guard announced on Wednesday that hope of finding more survivors of the Baltimore bridge collapse has dimmed, and efforts have switched to searching for the bodies of the missing persons, as well as seeking more answers as to why a container ship crashed into the span. The coast guard announced on.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

No Pinoy hurt in Baltimore bridge collapse

The Philippine embassy in Washington has not received any report of Filipinos hurt in the collapse of the Francis Scott Key Bridge in Baltimore, Maryland on Tuesday......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Victims of Baltimore bridge collapse include those from Mexico, Guatemala

Maryland [US], March 27 (ANI): Among those reported missing following the collapse of the Francis Scott Key Bridge in Baltimore in the US are Mexican nationals, CNN reported, citing Rafael Laveaga, Chief of the Consular Section of Mexico's Embassy in Washington. Laveaga refrained from specifying the exact number of missing Mexican nationals when he addressed reporters near the scene on Tuesday. A reporter asked Laveaga: ".....»»

Category: newsSource:  manilanewsRelated NewsMar 27th, 2024

‘More robust’ Philippines-Australia ties seen in Marcos Jr. visit

President Marcos vowed yesterday to act as a “bridge” that would further link the Philippines with its strategic partner Australia during his two-day visit to Canberra, which he hopes will lead to “more robust” ties between the two countries......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

Weak exports still biggest hurdle to Philippines expansion

The Philippine export sector remains the biggest drag to economic expansion as it takes a hit from the slowdown in major trading partners, according to a unit of Fitch Solutions......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

China s Xi lauds ties with Indonesia during president-elect visit

Chinese President Xi Jinping praised China's strong ties with Indonesia during a meeting Monday with President-elect Prabowo Subianto. Xi laid plans for regional peace and affirmed China's commitment to deepen maritime cooperation with Indonesia.State broadcaster CCTV reported that Xi told Prabowo that bilateral ties "have entered a new stage of jointly building a community with a shared future." He also added t.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 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

Cuts in bank reserves unlikely soon – BSP

The Bangko Sentral ng Pilipinas is unlikely to cut banks’ reserve requirement ratio in the third quarter, amid expectations of policy rate cuts in the second half of the year......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Budget shortfall unlikely to return to pre-COVID-19 level — DBCC

Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024