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Higher shipping costs loom as Red Sea route suspended
The suspension of Red Sea routes by major shipping lines because of the continued attacks of Iran-backed Houthi rebels in Yemen is expected to result in higher shipping rates and delay the trade of goods which may affect exporters from ecozones, the Philippine Economic Zone Authority said yesterday......»»
China sidetracked as funding source for PNR Bicol
The government is taking another funding route for the Philippine National Railways South Long Haul, also called the PNR Bicol instead of China. It is seeking the assistance of the Asian Development Bank instead to pursue the long-delayed rail project......»»
CCG stops Philippine fishermen from trespassing on Huangyan Island
The China Coast Guard (CCG) recently stopped a group of Philippine fishermen from trespassing on Huangyan Island in the South China Sea, a source confirmed with CGTN on Friday. Footage and two photos given by the source over the weekend show the group of fishermen standing on the reefs of the island and illegally collecting seashells, a move not only violating China's sovereign rights but damaging the ecological.....»»
Business groups laud passage of Salt Industry Development Act
Business groups Philippine Exporters Confederation Inc. (Philexport) and Philippine Chamber of Commerce and Industry (PCCI) welcomed the approval of a law that aims to revive the salt industry which is seen to support economic growth and help create jobs......»»
Small EU country becomes Russia s biggest whisky supplier - media
Latvia is serving as a middleman for the import of Western spirits into the Russian market, experts say Latvia became Russia's top supplier of whisky last year, reaching $250 million in sales and outpacing all other exporters combined, RIA Novosti reported on Monday, citing industry data. The Balti.....»»
PH OKs revised Asean free trade pacts with ANZ, Hong Kong
MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»
Cebu offers prospects for US agricultural exporters
Cebu offers strong opportunities for direct shipments of US agricultural exports, driven by the feed and food manufacturing, food service and food retail sectors, according to the United States Department of Agriculture......»»
EU-Philippines Partnership Conference puts spotlight on digitalization
The International Trade Centre, in collaboration with the Department of Trade and Industry and the European Union delegation to the Philippines, recently held the EU-Philippines Partnership Conference as part of the DTI’s prestigious Philippines National Exporters’ Week......»»
John Arcilla says taking care of aging parents normal, natural duty
The topic of taking care of aging parents has seen divided opinions, but for award-winning actor John Arcilla, it is a "natural and normal duty" to take care of them. .....»»
Thief apprehended after being caught taking P70,000 mobile phone inside a house
Thief apprehended after being caught taking P70,000 mobile phone inside a house.....»»
Mendoza leads oath-taking of newly hired, promoted LTO 7 employees
Mendoza leads oath-taking of newly hired, promoted LTO 7 employees.....»»
Market succumbs to profit-taking anew
The stock market succumbed to another round of profit-taking, slumping for the second straight session......»»
Senior citizen who enjoyed doing laundry after taking drugs nabbed
Senior citizen who enjoyed doing laundry after taking drugs nabbed.....»»
Market tumbles below 6,800 amid profit taking
The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»
Trump wins Iowa caucus, taking first step toward a Biden rematch
(1st UPDATE) Donald Trump appears likely to win by a record-setting margin, based on early results, which would bolster his argument that he is the only Republican candidate capable of taking on Democratic President Joe Biden.....»»
PEACETALK: Room for the human element in the GRP-NDFP peace framework?
NAGA CITY (MindaNews / 9 January) – As we enter the New Year, it has been noted by Satur C. Ocampo that “by all indications, the coming year will see the continuation and even intensification of devastating wars in the world… Even here in the Philippines, deadly hostilities are taking place.” Some of these recent […].....»»
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.....»»
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.....»»
Nobody benefits from a China downturn
For decades after the end of the Mao Zedong regime, China embarked on an economic revolution led by Deng Xiaoping. In the 1990s and the early part of the 21st century, China’s comparatively technocratic leadership promoted private enterprise......»»
Xinjiang Abuses Show Need for Robust EU Forced Labor Law
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. .....»»