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Foreign debt reaches all-time high in 2023

The country’s foreign debt reached another record high in 2023, as both the national government and the private sector borrowed more from offshore creditors, the central bank said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

India: Laws Misused to Crack Down on Peaceful Dissent

(New York) - India's Bharatiya Janata Party (BJP)-led government is using abusive foreign funding laws, trumped-up financial investigations, and other means to unlawfully attack civil society groups, Human Rights Watch said today. The arbitrary use of the Foreign Contribution Regul.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

Why is Canada capping foreign students and who will be impacted?

Canada on Monday announced a two-year cap on the intake of foreign students after an explosive growth in recent years aggravated the housing shortage. Last year Canada issued nearly one million study permits, about three times that of a decade ago, according to government data and the new proposal will cut the intake by nearly.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

DENR mobilizing $278 million foreign-funded projects

The Department of Environment and Natural Resources is mobilizing over $278 million worth of foreign-funded projects this year for biodiversity, climate change and environment programs to strengthen environmental resiliency and sustainability in local government units......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

10th ID bashes Canadian gov’t for travel advisory vs Mindanao

The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Bunye: BSP changes FX rules for foreign investments to make them easier

Bunye: BSP changes FX rules for foreign investments to make them easier.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

FEF: Charter amendments to boost FDIs, clear policies

The proposed Charter amendments expanding foreign ownership rights in key sectors could attract more foreign direct investments into the country and help drive economic growth, according to the Foundation for Economic Freedom......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024

Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024

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......»»

Category: newsSource:  philstarRelated NewsApr 1st, 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

PH media organizations slam Chinese Foreign Ministry

PH media organizations slam Chinese Foreign Ministry.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Security Council warns of foreign interference in 2025 polls

There may be foreign interference in next year’s midterm elections and the Department of Information and Communications Technology should prepare to counter cyberattacks, the National Security Councilwarned yesterday......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Most Filipinos reject Charter change, lifting foreign ownership restrictions

An overwhelming majority of Filipinos oppose changing the 1987 Constitution at this time, according to a new Pulse Asia Survey, with results showing Filipinos in all regions and all socio-economic classes did not support the lifting of foreign ownership restrictions in key industries......»»

Category: newsSource:  philstarRelated NewsMar 27th, 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

DFA launches e-Apostille service; first in Asean region

MANILA, Philippines — The Department of Foreign Affairs Office of Consular Affairs (DFA – OCA) announced that it launched an e-Apostille service for civil registry documents. DFA said the system will allow the public to apply online for e-documents and e-Apostilles from the Philippine Statistics Agency (PSA) without having to appear in both offices. Foreign Affairs.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

Asia-Pacific women fight foreign exploitation

"We have a lot of platforms where we can show our defiance and our strength. The moment women chose to take the path of armed struggle, they already defied the macho-feudal imperialist system that says that only men can topple the system or become part of the revolutionary army." The post Asia-Pacific women fight foreign exploitation appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 17th, 2024

Blinken to meet with President Marcos, Manalo in Manila

United States Secretary of State Antony Blinken is scheduled to arrive in Manila to meet with President Marcos and Foreign Secretary Enrique Manalo on Monday, the Department of Foreign Affairs has announced......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Teachers oppose 100 percent foreign ownership of schools

Teachers and other education personnel have expressed their opposition to opening up the country’s schools to 100 percent foreign ownership under the proposed Resolution of Both Houses No. 7 currently under deliberations in Congress......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Roundup: Malaysian PM right to stress autonomy in foreign policy: analysts

Roundup: Malaysian PM right to stress autonomy in foreign policy: analysts.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

China slams foreign criticism of Hong Kong’s upcoming Article 23 national security law

The law, known as Article 23, will target crimes including treason, theft of state secrets, espionage, sabotage, sedition, and 'external interference,' including from foreign governments.....»»

Category: newsSource:  rapplerRelated NewsFeb 29th, 2024