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Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka
Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»
Friendship among nations
How important is the friendship between two countries? I guess it is the same as with two or more people. Every Filipino appreciates a friend, whether a compatriot or a foreigner. This is also common to the Chinese, which is why former President Rodrigo Roa Duterte and five others were cited recently for bridging and advancing Philippine and China relations. Duterte and former Special Envoy of the President to China, Ambassador Carlos Chan, were hailed as “Hall of Fame” laureates for promoting Philippines-China understanding. The awarding ceremony held at the historic Manila Hotel on 8 June was attended by President Ferdinand Romualdez Marcos Jr. The Award for Promoting Philippines-China Understanding, or APPCU, which honors individuals who advanced ties between the neighboring nations, creates awareness not only for Filipinos but other nationalities as well that both countries are on good terms contrary to what others may claim. APPCU organizers cited Duterte’s role in the “re-establishment of trust relations with China, which led to the stabilization of the South China Sea issues.” Other awardees were Rigoberto Tiglao, Dr. Jaime T. Cruz, Jose Ong Tajan and Regina Rosa D. Tecson. APPCU is “also recognized by other Asian leaders, allowing for the reopening of our fishermen’s access and the expansion of tourism, trade, employment, and international investments in the Philippines.” In addition, it acknowledged the Chinese help given to Filipino front liners with the early delivery of millions of vaccine doses to the Philippines during Duterte’s term. Duterte was represented by former Executive Secretary Salvador Medialdea and PDP Laban president and Palawan 2nd District Rep. Jose Alvarez. In his speech, Medialdea said, “It is indeed a great honor coming from this great organization whose main goal is to strengthen the relationship between (the Philippines and China).” “I am sure former President Rodrigo Roa Duterte will always cherish this award with the thought that both countries must continue to move forward in order to achieve what is best for all its people,” he added. Association for Philippine-China Understanding chairman Raul Lambino said the award conferred on the six laureates was a celebration of their “invaluable contributions” that not only elevated bilateral relations between the two states but had also “sown the seeds of friendship that will continue to bear fruit for generations to come.” “In this increasingly interconnected world, building bridges between nations and fostering mutual understanding is paramount,” Lambino said. “The relationship between the Philippines and China has always held tremendous significance given our shared history, cultural exchanges, and ever-growing economic cooperation,” he added. For his part, Chinese Ambassador to the Philippines Huang Xilian said the world today is undergoing profound changes unseen in a century that call for solidarity among nations. “We firmly believe that upholding mutual respect and trust, cherishing good neighborliness and friendship, keeping the direction of our mutual understanding and mutual accommodation in settling our differences serve as the fundamental principles in our bilateral relations,” Huang said. “So long as the consensus between our two top leaders is implemented in real earnest and the above principles followed, we will be able to uplift China-Philippines relations to a new level, bring more benefits to our two peoples and contribute more positive energy to regional peace and stability,” he added. The APPCU organizers have the wisdom to hold such an activity that is not politically motivated but deeply rooted in their zeal for justice and peace to reign in the hearts of both Filipinos and Chinese. The post Friendship among nations appeared first on Daily Tribune......»»
ONE Champ Christian Lee open to fight with former titleholder Eduard Folayang
Reigning ONE Lightweight World Champion Christian “The Warrior” Lee may be young, but he’s proven throughout his career that he won’t back down from a challenge. In early 2019, the 22-year old jumped up to the lightweight division and survived an early onslaught from grappling ace and former two-time world champion Shinya Aoki to dethrone the Japanese legend and become the new lightweight king. Later that year, Lee stepped up on short notice to take on surging knockout artist Saygid Guseyn “Dagi” Arslanaliev in the finals of the ONE Lightweight World Grand Prix. Lee would stifle Dagi and end up winning the tournament. Now, Lee gets ready to take on all comers as the top dog in one of ONE Championship’s most stacked divisions. Up next for the Singaporean star is expected to be undefeated Moldovian challenger Iuri Lapicus, who took out Thai veteran Shannon Wiratchai and former featherweight world champion Marat Gafurov to earn a shot at ONE gold. For Lee however, he’s ready for anyone that steps up to him. “I will defend my belt against anyone, anytime. The lightweight division is the most stacked division in ONE Championship, so I feel like it will only be right to start with the number one contender and work my way down until my division is cleared out,” Lee told ONE Championship. While not currently in the top-5 of the lightweight division, former two-time ONE Lightweight World Champion and Filipino MMA icon Eduard “Landslide” Folayang appears to be on the radar of the champion as well. “I would love to share the ONE Circle with Eduard Folayang,” Lee shared. “I have a lot of respect for all that he’s accomplished in his career, and I think that we could put on a great show for the fans.” Folayang first captured the ONE Lightweight World Championship back in 2016, stunning the world with an upset win over Aoki, becoming the first man to dethrone the Japanese star. In late-2018, Folayang bested top lightweight contender Amir Khan for the vacant world championship. “Eduard is a very good striker, and is now rounding out his wrestling and Jiu-Jitsu,” Lee added. “However, I feel that his main strengths are his heart and his killer instinct. He’s the two-time former ONE Lightweight World Champion, so he doesn’t have many weaknesses. I think he’s a great fighter.” Another name that Lee mentioned is former UFC Lightweight World Champion Eddie Alvarez, who’s one of the biggest names on ONE’s lightweight roster. “Eddie [Alvarez] has done enough in his career to make him a legend of this sport, so I would love to share the ONE Circle with him when the time comes. I think that our styles would make for an exciting fight for the fans,” said Lee. Alvarez has split his first two outings under the ONE banner, losing to Russian star Timofey Nastyukhin in his debut before bouncing back and submitting Folayang. (READ ALSO: WHAT IF: Eduard Folayang had stopped Eddie Alvarez back in 2019?) “I think that Eddie is a very well-rounded mixed martial artist. He has great striking, wrestling, and just recently displayed great Jiu-Jitsu in his last outing against Eduard Folayang. He’s a very complete fighter who does not have too many weaknesses. It would be a big mistake to underestimate his skill set,” Lee continued. Ultimately, Lee’s plan is to clear out the lightweight division before going back down to featherweight and rekindle an old rivalry against reigning ONE Featherweight World Champion Martin “The Situ-Asian” Nguyen. Lee and Nguyen have crossed paths twice before, with Nguyen coming out on top both times. “After I successfully defend my belt, I plan on going back down to featherweight to challenge Martin Nguyen for his title,” said Lee. “I am the reigning and undisputed ONE Lightweight World Champion, and also the number one contender in the featherweight division. The only reason I go back down to featherweight will be to fight for the title.”.....»»
US reaffirms support for Philippines sovereignty amid its tensions with China
Washington, DC [US], March 28 (ANI): US Secretary of Defence Llyod Austin has reaffirmed Washington's commitment to Manila in defending its sovereignty while criticising China's "dangerous" water cannon attack at the Philippine supply mission vessel on Saturday. In a telephonic conversation between Austin and his Philippine counterpart Gilberto Teodoro, the US Secretary reiterated the US-Philippines Mutual Defence Treaty.....»»
Belmonte, Binay call for climate action funding from development banks
The C40 coalition of cities, a network of nearly 100 mayors, asked MDBs to increase urban climate investment, integrate urban climate action into their strategies, and implement tailored programs to support city projects. .....»»
Pentagon chief reaffirms support after latest China aggression in WPS
Austin emphasized US support for the Philippines in defending its sovereign rights and jurisdiction in a phone call with Defense Secretary Gilberto Teodoro on Wednesday. .....»»
7 nanlaban drug suspects dead after Baste Duterte declares drug war
Less than a week after Davao City Mayor Sebastian Duterte declared a "war on drugs" in the city, at least seven drug suspects were killed during a buy-bust operation in the city — violence that highlights the seriousness of the mayor's recent threat of outright killing persons caught using illegal drugs......»»
CHR alarmed by war vs drugs in Davao City
THE Commission on Human Rights (CHR) is alarmed by Davao City Mayor Sebastian “Baste” Duterte’s “war against drugs”, as seven drug users were killed from different barangays in the city over the weekend, just a few hours after his declaration......»»
Oplan Harabas yields 3 drivers positive for drugs
FOLLOWING the surprise drug test conducted by the Land Transportation Office (LTO)-Davao and the Philippine Drug Enforcement Agency (PDEA) on public utility vehicles (PUVs) last March 26, 2024, two taxi drivers in Davao City were found to be positive for drugs......»»
Cebu topnotcher shares secret to success: Strong support system of family, friends
CEBU CITY, Philippines — A good support system of family and friends is Elijah Cabase’s secret to his placing 5th in the March 2024 Medical Technologists Licensure Examinations (MTLE). This 23-year-old University of Cebu-Banilad alumnus said that he was not even expecting to pass because he described himself as a confessed procrastinator — or one.....»»
Opinion - South China Sea- Philippines must softly manage disputes or miss out economically
Manilas assertive transparency strategy is touted as a model for managing maritime disputes but it diminishes key economic opportunities. As Chinese investment pours into other Southeast Asian countries, the Philippines must reduce geopolitical risks without acquiescing to Beijing......»»
India backs Philippines in dispute with China
New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»
India backs Philippines in sea dispute with China
New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»
Mandaue drug bust: P476,000 ‘shabu’ seized from HVI
CEBU CITY, Philippines — Authorities seized suspected shabu worth at least P476,000 from a 45-year-old man described as a high-value individual during an anti-illegal drugs operation in Mandaue City early on Wednesday morning, March 27, 2024. The operation took place along Realty Road in the North Reclamation Area in Barangay Subangdaku, Mandaue City, Cebu. The.....»»
Most Filipinos reject Charter change, lifting foreign ownership restrictions
An overwhelming majority of Filipinos oppose changing the 1987 Constitution at this time, according to a new Pulse Asia Survey, with results showing Filipinos in all regions and all socio-economic classes did not support the lifting of foreign ownership restrictions in key industries......»»
CHR probes Davao drug war deaths
The Commission on Human Rights yesterday expressed grave concern over Davao City Mayor Sebastian Duterte’s recent declaration of a war on drugs in the city......»»
Drayber, konduktor sa bus sa Ecoland terminal gipaubos sa drug test
Drayber, konduktor sa bus sa Ecoland terminal gipaubos sa drug test.....»»
PDEA: 7 drivers yield positive results in drug testing
PDEA: 7 drivers yield positive results in drug testing.....»»
‘Oplan Harabas’ starts
THE Philippine Drug Enforcement Agency-Davao Region (PDEA-Davao) has started its surprise drug test on bus and van drivers under “Oplan Harabas”, part of Oplan Biyaheng Ayos, on Tuesday morning, March 26, 2024......»»