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EDCA with Canada, defense pact with UK – DND
Defense Secretary Gilbert Teodoro Jr. confirmed on Tuesday that a memorandum of agreement or understanding with Canada on enhanced defense cooperation is in the works and may be signed soon......»»
Defense, disaster reduction efforts highlight OCD s Canadian partnership
The Office of Civil Defense (OCD) and the Embassy of Canada officials held a dialogue on areas of cooperation, focusing on the former’s priority programs in civil defense and disaster risk reduction and management (DRRM)......»»
Swedens Defense Ministry Causes Panic with Dire War Warning – The Daily Guardian
Title: “Swedish Defense Officials Warn of Impending Conflict as NATO Membership Looms” In a shocking revelation, Swedish defense officials have issued a warning regarding the.....»»
China, Not Russia, Still Tops List of Threats to US
WASHINGTON - Russia's war in Ukraine - portrayed by top U.S. officials as posing a danger to the United States itself - still trails China when it comes to long-term threats to America's security, according to a top Pentagon official.The warning from Ely Ratner, the Defense Department's assistant secretary for Indo-Pacific security affairs, comes in testimony prepared for a hearing Wednesday by the House Armed S.....»»
AFP’s main challenges: Preserving, protecting Philippines territory, sovereignty
Without specifically mentioning the West Philippine Sea and the country’s current problems with China in the area, Defense Secretary Gilbert Teodoro Jr. said preserving and protecting Philippine territory and sovereignty tops the military’s main challenges for 2024......»»
The Wallenberg whirlwind trip
It may have been a quick three-day trip to the Philippines of a member of Sweden’s richest business family, but Mr. Marcus Wallenberg, chairman of both SEB, a leading North European financial group with a current market value of $30.61 billion (approximately P1.7 trillion) as of March 2024, and Saab, a prominent Swedish defense and security company with a market value of $10.36 billion (roughly P580.18 billion) as of the same period, managed to pack in several key meetings on his second day......»»
Peso weakness could prompt rate hike anew – IMF
Inflationary pressures stemming from currency depreciation may become a reason for Asian central banks, including the Bangko Sentral ng Pilipinas, to tighten monetary policy once again, the International Monetary Fund said......»»
BSP’s ample dollar reserves to keep peso at bay – Nomura
The Bangko Sentral ng Pilipinas is one of the central banks in the region that has enough dollar buffers to defend its currency against the greenback, according to Japanese investment bank Nomura......»»
Philippines posts 196 mln USD deficit in February
MANILA, March 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in February, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country's central bank said on Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in February reflected outflows arising mainly from the national government's foreign currency deb.....»»
US threatens Turkish businesses over Russia trade
American officials have reportedly visited Trkiye to persuade banks and companies to cut ties with the sanctioned country Turkish businesses are at risk of being banned from carrying out currency operations if they continue to trade with Russia, RIA Novosti reported on Wednesday, citing the news outlet Aydinlik. .....»»
BOP swings to deficit in January
The country’s balance of payments swung to a deficit of $740 million in January, the highest in almost a year, as the government paid its foreign currency debt obligations......»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
World Insights: America s bloc offense in disguise of 'common defense'
© Provided by Xinhua The United States claims to protect its allies under mutual defense treaties, but in reality, the treaties serve as a tool to subordinate them to the supe.....»»
EU nations with Patriot missiles hesitate to give air defense systems to Ukraine
EU nations with Patriot missiles hesitate to give air defense systems to Ukraine.....»»
Iran fires air defense batteries at Isfahan air base and nuclear site after drones spotted
Iran fires air defense batteries at Isfahan air base and nuclear site after drones spotted.....»»
Xinhua Commentary: Unveiling realities of mutual defense between Washington, its allies
© Provided by Xinhua While the U.S. concept of mutual defense appears to protect an ally, in reality, it serves as a security guarantee from a dominant power to its subordi.....»»
Ateneo begins Pinoyliga title defense, tests Mapua
Defending champion Ateneo opens its Pinoyliga Collegiate Cup title defense against Mapua Saturday at the Paco Arena......»»