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China: Carmakers Implicated in Uyghur Forced Labor
VOICEOVER:Do you have a car? If so, then parts of your car could be made with forced labor from China. Let's explain how. The first thing you need to know is that factories in China make the most cars in the world.Major brands such as General Motors, Tesla, BYD, Toyota, and Volkswagen manufacture and sell cars in China. .....»»
EDITORIAL — Secret deal
Finally breaking his silence on a raging controversy, Rodrigo Duterte discussed reports that during his presidency, he had entered into a gentleman’s agreement with Chinese President Xi Jinping that compromised Philippine sovereign rights in the West Philippine Sea......»»
‘Secret agreement’ with China ‘horrifies’ Marcos
President Marcos is seeking clarification from the Chinese government on the supposed gentleman’s agreement on the West Philippine Sea entered into by Manila and Beijing during the Duterte administration, even as he warned such a deal could have “compromised” the sovereignty and sovereign rights of the country......»»
Malleable justice
There’s another long-running complaint of investors that cannot be cured by Charter change: a compromised Philippine justice system......»»
PCG’s X account ‘compromised,’ restored
The Philippine Coast Guard has regained control of its account on X that was taken down yesterday, its profile and posts apparently wiped out since early morning......»»
BOI gives green lane to P150 billion telco project
The Board of Investments has approved a P150 billion Malaysian telecommunications infrastructure project for green lane processing, noting its role in introducing new technologies in the country......»»
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.....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
China, Not Russia, Still Tops List of Threats to US
WASHINGTON - Russia's war in Ukraine - portrayed by top U.S. officials as posing a danger to the United States itself - still trails China when it comes to long-term threats to America's security, according to a top Pentagon official.The warning from Ely Ratner, the Defense Department's assistant secretary for Indo-Pacific security affairs, comes in testimony prepared for a hearing Wednesday by the House Armed S.....»»
World Bank urges Philippines to address funding, infrastructure challenges
The Philippines need to address challenges in terms of funding, lack of digital infrastructure and technical competencies as local government units are looking to develop smart cities, the World Bank said......»»
Philippines urged to improve broadband infrastructure
The Philippines will need to pursue and implement reforms aimed at encouraging competition and investments to improve its broadband infrastructure, according to a World Bank study......»»
Security Bank, Helios team up for solar energy in households
Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»
Steps taken by China in South China Sea destabilizing – US
Steps taken by China in the South China Sea that were coercive and against international law are “destabilizing” and “deeply unacceptable,” a ranking State Department official said yesterday......»»
China’s first homegrown airliner makes international debut in Singapore
SINGAPORE – China’s challenger to Airbus and Boeing’s passenger jets, the narrow-body C919 manufactured by the Commercial Aircraft Corporation of China (COMAC), has made its first trip outside Chinese territory, staging a fly-by at the Singapore Airshow on Sunday. China has invested heavily in its attempt to break the hold of the dominant two Western.....»»
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......»»
China warns PH to “tread carefully” on Taiwan issue
MANILA, Philippines— China issued a subtle warning to the Philippines concerning Taiwan, advising Filipino officials to “tread carefully” on the matter of the “red line.” China made the remark following an order by Philippine Defense Secretary Gilberto Teodoro Jr. to raise military presence in Batanes, the Philippines’ northernmost province that is very near Taiwan. “I.....»»
China summons Philippines envoy as Manila congratulates Taiwan s President-elect
Beijing [China], January 16 (ANI): In swift action after the Taiwan election results, China summoned the Philippines ambassador as Manila congratulated the winner of Taiwan's presidential election, Al Jazeera reported on Tuesday. It reported that the Chinese side on Tuesday lashed out at the Philippines after President Ferdinand Marcos sent Taiwanese President-elect Lai Ching-te a note on his victory in the recent vote. T.....»»
China summons Philippines envoy as Manila congratulates Taiwan s President-elect
Beijing [China], January 16 (ANI): In swift action after the Taiwan election results, China summoned the Philippines ambassador as Manila congratulated the winner of Taiwan's presidential election, Al Jazeera reported on Tuesday. It reported that the Chinese side on Tuesday lashed out at the Philippines after President Ferdinand Marcos sent Taiwanese President-elect Lai Ching-te a note on his victory in the recent vote. T.....»»
Minglanilla drug bust: Security guard, construction worker nabbed with P3.4M ‘shabu’
CEBU CITY, Philippines — A security guard and a construction worker, who moonlight as drug peddlers, were caught with suspected shabu worth P3.4 million during a buy-bust operation in Minglanilla, Cebu on Tuesday evening, April 2, 2024. The suspects were identified as Selfred Pojio Silva aka “Odo”, 48, a security guard; and Elmer Morales Bucog,.....»»
Pragmatic approach to energy security
In the midst of surging power demand and concerns over energy security, the importance of a more resilient and robust energy infrastructure in maintaining reliable supply for the Philippines has taken center stage......»»