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Xinhua world economic news summary at 0900 GMT, March 5
KIEV -- Ukraine stands ready to extend gas transit from Russia if there is a request from the European Union (EU) countries, the Interfax-Ukraine news agency reported Monday, citing Ukrainian Prime Minister Denys Shmyhal. "If the European countries act as a consortium or one of the European partners will act as a transit country for their gas -- we are ready to provide such a service," Shmyhal told a press confe.....»»
European businesses welcome restart of FTA talks
European businesses welcomed the restart of talks between the Philippines and the European Union for a free trade agreement, as they emphasized the importance of trade deals in promoting economic growth and stronger ties......»»
Philippines-European Union FTA talks resume in H2
The Philippines and the European Union (EU) are looking to resume formal negotiations for a free trade agreement (FTA) in the early part of the second half of the year, according to the Department of Trade and Industry......»»
Lab Notes | El Niño 2024: another disaster, another government failure
Since disasters always include human components, there is nothing natural about it. Therefore, there is no such thing as a “natural” disaster; there was a human failure somewhere in how social, economic, and political systems were set up. The post Lab Notes | El Niño 2024: another disaster, another government failure appeared first on Bulatlat......»»
Australia, Britain Criticize China for Actions in Hong Kong
SYDNEY - Australia and Britain on Friday criticized China for its actions in Hong Kong and the South China Sea and its support of Russia, after a meeting in which London and Canberra deepened their security ties.The two countries called out 'recent unsafe and destabilizing behavior by China's vessels against Philippine vessels and crew near Second Thomas Shoal in the South China Sea,' in a statement that contain.....»»
King Charles, leaders offer support to Princess of Wales after cancer announcement
LONDON — Britain’s King Charles, political leaders, and the US White House offered support to Kate, Princess of Wales, after she said tests following abdominal surgery showed cancer had been present and she was undergoing preventative chemotherapy. Buckingham Palace, on behalf of Britain’s King Charles “His Majesty (HM) is ‘so proud of Catherine for her.....»»
Resumption of FTA talks seen to spur higher EU investments
The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»
La Union set to host int’l surfing competition for the 2nd time
La Union, dreaming to further prop up its name as the “Surfing Capital of the North” and seeking to mark a dent in the global surfing stage, is hosting the World Surfing League La Union International Pro at the Urbiztondo Beach in San Juan for the second time......»»
SEC moves to help Philippines exit from FATF gray list
The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»
Crash blocks motorway in central Auckland
Police are assisting FENZ with a crash at the city end of the Northwestern Motorway (SH 16) this afternoon.At around 2.42pm, we were notified of a single vehicle and trailer crash.Thankfully, no one has been injured.The crash occurred near the Grafton Bridge and has blocked the Stanley Street exit.All traffic is being diverted along the Wellesley Street exit.Traffic management is in p.....»»
CALAX Aguinaldo exit toll collection starts today
Motorists who will use the Aguinaldo exit of the Cavite-Laguna Expressway (CALAX) will have to pay toll starting today......»»
NLEX opens new Meycauayan exit
The North Luzon Expressway Corp. opened another exit in this city yesterday......»»
Japan successfully launches next-generation H3 rocket after failure last year
TOKYO (Reuters) -Japan successfully launched its new H3 flagship rocket on Saturday, putting its satellite programme back on track after multiple setbacks including the failure of the rocket’s inaugural flight last year. The launch also marks a second straight win for the Japan Aerospace Exploration Agency (JAXA) after its moon lander, SLIM, achieved a “pinpoint”.....»»
‘New poll machines to give speedy results, lower failure rates’
There will be faster transmission of votes and lower failure rates with the new machines and transmission service to be used in the May 2025 midterm elections, the Commission on Elections said yesterday......»»
New Research Shows Link Between Food Environment and Heart Failure Risk
A recent study by the American Heart Association has found that living close to fast-food restaurants could increase the risk of heart failure. The study,.....»»
Roxas Holdings suspended for reporting failure
The PSE suspended Roxas Holdings for its continued failure to submit its Annual Report for its fiscal year ending Sept. 30, 2023......»»
Rights group highlights PH gov’t failure in stopping drug-related killings
Continuing killings, repression, and the prevailing impunity in the Philippines are among the key findings reported by human rights group Amnesty International (AI)-Philippines. The post Rights group highlights PH gov’t failure in stopping drug-related killings appeared first on Bulatlat......»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
Philippines resupply boat heavily damaged
Again, using water cannons and executing dangerous maneuvers, the Chinese coast guard made another attempt yesterday to block Filipino vessels from resupplying a military outpost on the BRP Sierra Madre in Ayungin Shoal, causing “major damage” and triggering condemnation from the US, the European Union and Japan......»»
Philippines resupply boatheavily damaged
Again, using water cannons and executing dangerous maneuvers, the Chinese coast guard made another attempt yesterday to block Filipino vessels from resupplying a military outpost on the BRP Sierra Madre in Ayungin Shoal, causing “major damage” and triggering condemnation from the US, the European Union and Japan......»»