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NZ welcomes Australia and Brazil to agreements

New Zealand has welcomed Australia to the Inclusive Trade Action Group (ITAG) and Australia and Brazil to the Global Trade and Gender Arrangement (GTAGA) Minister for Trade Todd McClay says. As the current chair of ITAG and GTAGA, Minister McClay hosted the signing ceremony and issued the Abu Dhabi Joint Statement on Sustainable and Inclusive Trade with fellow ITAG Ministers from Australi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Indian Coast Guard ship docks at Manila port amid tensions in South China Sea

Manila [Philippines], March 26 (ANI): Amid tensions in the South China Sea, the Indian Coast Guard ship, Samudra Paheredar docked at the Manila Bay in the Philippines as part of a broader initiative aimed at demonstrating ICG Marine Pollution Response capabilities, the Ministry of Defence (MoD) said in an official release on Tuesday. The ICG ship which arrived at the port on Monday, is on an overseas deployment to ASEAN c.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Wegotmail: Statement of the Ministry of Foreign Affairs of Japan on the Recent Surgein Tensions in the South China Sea

Wegotmail: Statement of the Ministry of Foreign Affairs of Japan on the Recent Surgein Tensions in the South China Sea.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

German FM: Rising tensions in SCS a concern for Europe

Rising tensions in the region and China’s dangerous actions against the Philippines as well as developments in the South China Sea are of concern for Europe, Germany’s Foreign Minister Annalena Baerbock said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Gradual BSP rate cuts likely by Q3

The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Google’s new AI forecasts extreme weather events

Google has announced the development of artificial intelligence technology specifically dedicated to weather forecasting and the anticipation of extreme weather events. Faster and more cost-effective than current solutions, it could be able to alert people to the risk of incoming storms, floods or heatwaves. Since last year, some of the biggest names in tech have.....»»

Category: newsSource:  inquirerRelated News20 hr. 55 min. ago

Tourist arrivals seen to breach pre-COVID-19 levels

The country’s tourism sector is expected to sustain its recovery this year, with international arrivals hitting 8.21 million, effectively closing in to pre-COVID levels, according to a unit of Fitch Solutions......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

China launches Southeast Asia outreach amid tensions with Philippines

Taipei, Taiwan - China launched a fresh round of diplomatic outreach to Southeast Asia this week, as Chinese leader Xi Jinping met with Indonesian President-elect Prabowo Subianto Monday and foreign ministers from Laos, Vietnam and East Timor began to arrive in Beijing Tuesday.The diplomatic charm offensive comes amid territorial disputes between China and the Philippines in the South China Sea, and efforts by t.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024

Philippines to improve 9 of its islands in South China Sea

MANILA, The Philippines: The Philippines is set to enhance the habitability of islands it considers part of its territory in the South China Sea, according to Romeo Brawner, Manila's military chief. These plans are unfolding amid escalating tensions between the Philippines and China, as both nations claim South China Sea territory and have accused each other of provocative actions in the region. Apart fr.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

Philippines to enhance habitability of its islands in South China Sea

MANILA, The Philippines: The Philippines is set to enhance the habitability of islands it considers part of its territory in the South China Sea, according to Romeo Brawner, Manila's military chief. These plans are unfolding amid escalating tensions between the Philippines and China, as both nations claim South China Sea territory and have accused each other of provocative actions in the region. Apart fr.....»»

Category: newsSource:  philippinetimesRelated NewsJan 18th, 2024

Gov t cuts growth target to 6%-7% — NEDA

In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»

Category: financeSource:  philstarRelated NewsApr 4th, 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

S& P: Philippines may miss growth goal this year

S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 26th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 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

Philippines external trade drops 2.1 pct in January

MANILA, March 12 (Xinhua) -- The Philippines' total external trade in goods declined 2.1 percent year-on-year in January to 16.09 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Tuesday. Of the total external trade in January, 63.1 percent were imported goods, while the rest were exported goods, the agency said. The PSA said trade deficit in January amounted to 4.22 billion dollars.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Philippine calls for stronger action on climate change

Trade Secretary Alfredo Pascual has called for stronger sustainable trade and development initiatives to address climate change during the second ministerial meeting of the Coalition of Trade Ministers on Climate on the sidelines of the 13th World Trade Organization ministerial conference in Abu Dhabi, United Arab Emirates......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024