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China coastguard uses water cannons against Philippine ships in South China Sea
MANILA/SHANGHAI (Reuters) -China’s coastguard said it had taken measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippines decried the moves, including the use of water cannons, as “irresponsible and provocative”. China’s actions led to “significant damage” and injury to personnel on a civilian boat hired to resupply.....»»
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.....»»
China says it opposes Philippine construction on Nansha Islands
China firmly opposes the Philippine side conducting any form of construction activity on the islands and reefs of China's Nansha Islands that it invaded and illegally occupied, a spokesperson for China's Defense Ministry said Thursday. "China has indisputable sovereignty over the Nansha Islands and the adjacent waters, which is fully backed by historical and legal evidence," Wu Qian, a spokesperson for the.....»»
China says it opposes Philippine construction on Nansha Islands
China firmly opposes the Philippine side conducting any form of construction activity on the islands and reefs of China's Nansha Islands that it invaded and illegally occupied, a spokesperson for China's Defense Ministry said Thursday. "China has indisputable sovereignty over the Nansha Islands and the adjacent waters, which is fully backed by historical and legal evidence," Wu Qian, a spokesperson for the.....»»
Russia s trade with key BRICS partners now almost dollar-free
95% of the country's transactions with India and China were conducted in local currencies last year National currencies were used in 95% of Russia's trade with China and India last year, the secretary general of the International Chamber of Commerce (ICC), Tatiana Monaghan, revealed on Monday. According.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 19
PHNOM PENH -- A Cambodian senior government official has painted a rosier picture for Cambodia-China economic and trade cooperation in 2024, saying that a steady increase in bilateral trade and investment volumes has benefited both countries and peoples. Sok Siphana, a senior minister and chairman emeritus of the Board of Directors of the Asian Vision Institute, said 2024 is the year to implement the China-Cambo.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 19
PHNOM PENH -- A Cambodian senior government official has painted a rosier picture for Cambodia-China economic and trade cooperation in 2024, saying that a steady increase in bilateral trade and investment volumes has benefited both countries and peoples. Sok Siphana, a senior minister and chairman emeritus of the Board of Directors of the Asian Vision Institute, said 2024 is the year to implement the China-Cambo.....»»
Petro, Choco out to arrange title showdown
cand Choco Mucho try to arrange an interesting title showdown when the semifinals of the PVL All-Filipino Conference resumes today at the PhilSports Arena......»»
Del Rosario, Superal forge ICTSI Caliraya Springs showdown
Pauline del Rosario birdied No. 18 from 14 feet to shoot a 69 then watched Princess Superal hole out with a bogey for a 71 in a separate flight in a crucial two-shot swing that set up a compelling showdown between two of the Ladies Philippine Golf Tour stalwarts for the ICTSI Caliraya Springs Championship crown......»»
PGT golf tourney begins at Apo with pros ready for showdown
The much-anticipated Philippine Golf Tour kicks off at the challenging Apo Golf and Country Club, promising a rousing showdown as former champions, seasoned campaigners and emerging talents vie for supremacy......»»
Batangas teams force showdown
Alpha Bah made all his 17 free throws on the way to a season-high 36 points as Lyceum of the Philippines University-Batangas downed Diliman College, 80-70, yesterday to set up an intriguing quarterfinal showdown with University of Batangas in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6 at the Paco Arena in Manila......»»
REPLAY: Sinulog 2024 Grand Parade and Ritual Showdown
REPLAY: Sinulog 2024 Grand Parade and Ritual Showdown.....»»
Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles
The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»
EDITORIAL - Foreign trade barriers
Instead of declaring war on pollster Pulse Asia over its latest survey showing 88 percent of Filipinos opposing Charter change, congressmen can read the report of the office of the US Trade Representative, which details foreign trade barriers in 59 markets including the Philippines......»»
NZ-EU FTA gains Royal Assent for 1 May entry to force
The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand's ratification of its free trade agreement with the European Union. "I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union of our ratification of the New Zealand European Union Free Trade Agreement (NZ-EUFTA)......»»
Malaysia holds historic biz market footprint in city
CONSIDERING the business climate and unique geographic position of Davao City, the Malaysia External Trade Development Corporation (Matrade) under the trade promotion agency of the Ministry of Investment, Trade and Industry (MITI) has set a historic business market footprint in the city through the Market Immersion Mission, making Davao one of their smart cities in the country, alongside the Philippine’s capital region, Manila......»»
British chamber remains optimistic on UK-Philippines trade growth
With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»
BOC creates body to solve trade woes
The Bureau of Customs has established an advisory council that aims to address trade bottlenecks and enhance trade facilitation among importers and business groups amid a changing global environment......»»
French Farmers Protest Unfair Competition in EU Free-Trade Agreements
French Farmers Protest Against Unfair Trade Agreements Imposed by EU French farming unions have taken to the streets to protest against free-trade agreements imposed by.....»»
Trade deficit narrows to $4 billion in December
The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»