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US set to overtake China as Germany s top trade partner - data

Berlin has been exporting less to the Asian country in recent years, statistics have shown The US is on track to surpass China as Germany's leading trade partner as soon as next year, Reuters reported this week, citing the German Chamber of Industry and Commerce (DIHK). China has held the top spot for the past seven y.....»»

Category: newsSource: philippinetimes philippinetimesFeb 10th, 2024

Philippines says it can overtake Singapore next year as Asia s No. 2 casino hub

Philippines says it can overtake Singapore next year as Asia's No. 2 casino hub The Star Online.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

Your Data, Your Rights: Proactive Steps for Personal Data Protection

Safer Internet Day 2024 comes amid data fears about limited access imposed on various popular apps, causing users to circumvent the new rules by downloading replacements. In an era where vast amounts of data are constantly being collected and analyzed, the risks of data breaches, identity theft, and invasion of privacy are more pronounced than […].....»»

Category: newsSource:  metrocebuRelated NewsMar 2nd, 2024

PH Secures PHP 222-B Investment from Germany

The Philippines has secured a substantial USD 4 billion (equivalent to PHP 222 billion) in investments across diverse sectors during President Ferdinand R. Marcos Jr.’s visit to Germany. President Marcos unveiled this information on Wednesday morning’s Facebook post, underlining the significance of these deals with Germany, a notable player in the European Union. Drawing on […].....»»

Category: newsSource:  metrocebuRelated NewsMar 14th, 2024

Philippines backs Germany’s statement on China

Germany should not be criticized for speaking out against China as its dangerous actions in the West Philippine Sea are also the international community’s concern, according to Philippine Coast Guard-WPS spokesman Commodore Jay Tarriela......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

‘High-level’ US trade mission to arrive in PH next week

MANILA, Philippines — The Department of Trade and Industry announced that a “high-level” US trade delegation is arriving next week to enhance “commercially meaningful partnerships.” According to DTI Foreign Trade Service Officer  Jollan Llaneza, the delegation, led by US Commerce Secretary Gina Raimondo, will meet with President Ferdinand Marcos Jr. and Trade Secretary Alfredo Pascual......»»

Category: newsSource:  inquirerRelated NewsMar 10th, 2024

Trade Minister heads to Abu Dhabi for key WTO negotiations

Trade Minister Todd McClay travels to Abu Dhabi in the United Arab Emirates for the 13th Ministerial Conference of the World Trade Organisation (WTO) today, to take up his role as Vice Chair of the negotiations.The Ministerial Conference is the highest decision-making body within the WTO and meets every two years. Trade ministers will negotiate the reform of agriculture trade rules, E-commerce, fisheries subsidi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 23rd, 2024

Germany spending billions to replace nuclear power

The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

EU s largest economy spending billions to replace nuclear power

Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

Philippines eyes $3.82 million sales from German trade fair

The Philippines is targeting to generate $3.82 million in sales from its participation in an international consumer goods trade fair in Germany, according to the export promotions arm of the Department of Trade and Industry......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

China slams Germany for meddling in South China Sea row

Insisting anew on its claim of owning almost the entire South China Sea China has lashed back at other non-Association of Southeast Asian Nations countries allegedly meddling in the maritime disputes of the region......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

NZ - UAE trade agreement consultation begins

Following a meeting with UAE Trade Minister Dr. Thani bin Ahmed Al Zeyoudi at the WTO Ministerial Conference in Abu Dhabi, Trade Minister Todd McClay has launched public consultation for a trade agreement between New Zealand and the United Arab Emirates (UAE).  "The UAE is a top-20 export market for New Zealand, and our largest market in the Middle East, with exports increasing 17% i.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Philippines eyes stronger cooperation, economic ties with Germany

The Philippines and Germany are looking to step up cooperation in areas like minerals processing and investment financing to boost economic ties, according to the Department of Trade and Industry......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Race for global economic dominance sees striking turn of fortunes - ex-IMF official

The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday.    The American economy defied forecasts in outperfo.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

‘Trade with China should continue’

The Philippines should continue to pursue stronger trade ties with China despite rising tensions in the West Philippine Sea, according to the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. and the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

China urges ROK to stay prudent on South China Sea issue: Chinese FM

BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 2024

Philippines, Germany eye cyber, maritime defense cooperation

The Philippines and Germany are eyeing to expand their defense cooperation to include cyber and maritime domains, President Marcos said, in light of China’s continued dangerous maneuvers and harassment of Filipino supply vessels in the West Philippine Sea......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

China criticises 'bewildering' US trade policies in face of curbs from Washington

Beijing [China], March 7 (ANI): Chinese Foreign Minister Wang Yi criticised the United States for its "bewildering" trade policy, describing it as a series of "unfathomable absurdities," CNN reported. In a press conference held on the sidelines of a political gathering in Beijing, Wang accused Washington of employing various tactics to suppress China, highlighting the growing list of unilateral sanctions as reaching "bewi.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

China criticises 'bewildering' US trade policies in face of curbs from Washington

Beijing [China], March 7 (ANI): Chinese Foreign Minister Wang Yi criticised the United States for its "bewildering" trade policy, describing it as a series of "unfathomable absurdities," CNN reported. In a press conference held on the sidelines of a political gathering in Beijing, Wang accused Washington of employing various tactics to suppress China, highlighting the growing list of unilateral sanctions as reaching "bewi.....»»

Category: newsSource:  manilanewsRelated NewsMar 8th, 2024

Philippines total external trade up 9.7 pct in February

MANILA, April 11 (Xinhua) -- The Philippines' total external trade in goods increased by 9.7 percent in February to 15.46 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Thursday. Of the total external trade in February, 61.8 percent were imported goods, while the rest were exported goods, the agency said. The PSA said the deficit of trade in goods amounted to 3.65 billion dollars,.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Philippines, EU resume free trade agreement talks

MANILA, March 19 (Xinhua) -- The Philippines and the European Union (EU) resumed negotiations for a free trade agreement (FTA) on Monday, the Philippines' Department of Trade and Industry (DTI) announced Tuesday. "Strengthening economic engagement with the EU remains a priority for the Philippines," said Philippine Trade and Industry Secretary Alfredo Pascual, adding that the Philippines aims for an ambitious, b.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024