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Clark looks lifeless
Compared to the bustling areas around Clark from Mabalacat to Angeles City, Clark seems rather dead. Yet, Clark Development Corp. reports investments worth P44.4 billion in the first quarter of this year. Baka promised investments lang, yet to see the light of day......»»
SM Investments buys 28.79% stake in CREIT for P5-B
SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»
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......»»
Belle to start P5.3 billion tender for PLC shares
Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., will start tomorrow its P5.3 billion tender offer to buy out the minority shareholders of subsidiary Premium Leisure Corp. , which will result in the latter’s delisting from the Philippine Stock Exchange......»»
Philippines foreign investments yield net outflows in December
MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»
Philippines foreign investments yield net outflows in December
MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»
PEZA, SMBC, RCBC partner to attract Japanese investments
The Philippine Economic Zone Authority has partnered with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. in a bid to attract more investments from Japan......»»
China `wag dedmahin sa pananakot – PBBM
Kailangang aksyunan at hindi maaaring magpanggap na lamang ang Pilipinas na walang ginagawang mali ang China sa West Philippine Sea, sabi ni Pangulong Bongbong Marcos kay Japanese Ambassador Endo Kazuya nang mag-courtesy call ito sa kanya sa Malacañang. The post China `wag dedmahin sa pananakot – PBBM first appeared on Abante......»»
Gearing up vs China blocking actions near Ayungin Shoal
China has been stepping up its pressure tactics in the West Philippine Sea, deploying a naval warship alongside the China Coast Guard and maritime militia in blocking an unarmed Philippine boat carrying supplies to the troops manning an outpost aboard the ship BRP Sierra Madre in Ayungin Shoal......»»
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.....»»
Philippines Marcos Boosts Maritime Security as China Tension Rises
MANILA, Philippines - Philippine President Ferdinand Marcos Jr. has ordered his government to strengthen its coordination on maritime security to confront 'a range of serious challenges' to territorial integrity and peace, as a dispute with China escalates.The order, signed on Monday and made public on Sunday, does not mention China but follows a series of bilateral maritime confrontations and mutual accusations.....»»
Vietnam Objects to China s Expanded Reach in Gulf of Tonkin
washington - Vietnam is crying foul over a Chinese bid to redefine its coastal waters in the Gulf of Tonkin, a waterway at the northern end of the South China Sea lying between China's Hainan Island and Vietnam.Beijing's delineation of a new baseline in the gulf was declared earlier this month. Under the U.N. Convention on the Law of the Sea (UNCLOS), a country's baseline is essentially its shoreline at low tide.....»»
Philippines announces decisive measures amid tensions with China
Manila [Philippines], March 28 (ANI): Amid the escalating tensions in the South China Sea, Philippine President Ferdinand R Marcos Jr has announced decisive measures to protect his country's sovereignty and maritime rights while ensuring peace and stability in the Indo-Pacific. Marcos, known as Bongbong, said that the measures, aimed at addressing what he said is the "open, unabating, and illegal" actions by China's Coast.....»»
Philippines lodges strong protest with China over water cannon attack in disputed South China Sea
Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»
Philippines lodges strong protest with China over water cannon attack in disputed South China Sea
Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»
‘Not war with China; don’t rely only on US’ – Marcos Jr.
In an interview on Bloomberg TV last Wednesday, as reported in another national daily, he made two related comments that could represent important government policy stands. First, regarding China’s increasing aggressive moves against Philippine vessels in the West Philippine Sea; second, about the United States’ repeated assurance of its “iron-clad” defense commitment under the 1951 Mutual Defense Treaty. The post ‘Not war with China; don’t rely only on US’ – Marcos Jr. appeared first on Bulatlat......»»
US warns China against armed attack on Philippines
Washington, DC [US], March 19 (ANI): US Secretary of State Antony Blinken warned China on Tuesday, stating that any "armed" attack on Philippine vessels in the South China Sea would activate a mutual self-defence agreement between Washington and Manila, underscoring the escalating tensions in the region that could potentially embroil the United States in conflict with Beijing, as reported by The New York Times. Despite th.....»»
Marcos: PH avoiding conflict amid China’s rising threats
President Marcos said on Wednesday that the Philippines will strive to avoid provoking China while addressing its increasing threat in the South China Sea. However, Manila intends to assert its sovereign rights more assertively in the disputed waters. Marcos emphasized the importance of maintaining a delicate balance between defending maritime rights and preventing conflict in.....»»
The Philippines says it won t let China remove a Filipino military outpost on a disputed shoal
ABOARD BRP SINDANGAN (AP) - The Philippines will not allow China to remove a Philippine military outpost in a fiercely disputed South China Sea shoal, a navy official said Wednesday, a day after four Filipino navy personnel were injured in a confrontation between Chinese and Philippine ships. Philippine officials summoned a Chinese Embassy diplomat in Manila to convey a strong protest over the confrontation.....»»
China Will Be Global Force for Peace : Wang Yi
TEHRAN (Tasnim) - China will be a global force for peace and stability, the country's foreign minister, Wang Yi, said at a press conference in Beijing on Thursday. - Other Media news - "In the face of complex turmoil in the international environment, China will persist in being a force for peace, a force for stability, and a force for progress in the world," Wang told reporters, AFP reported.Wang mad.....»»