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DFA summons Chinese envoy over latest sea confrontation
The DFA said in a statement that the agency summoned the chargé d'affaires of the Chinese Embassy to protest “aggressive actions” by the China Coast Guard (CCG) and Chinese maritime militia against a civilian boat supplying troops stationed at BRP Sierra Madre in Ayungin Shoal. .....»»
Sibol exec wants improved conditions for women in esports
Esports has once been dubbed as a male-dominant industry, both in competitions and within top positions in different related organizations. Recent years have seen a shift in the role of women in the industry but like in traditional sports, the change is considered minimal, and more could be done......»»
Consider alliances with Netherlands, Norway, DFA urged
The Department of Foreign Affairs should consider alliances with non-defense allies like Norway, the Netherlands and other countries for maritime exploration, research and development amid conflict with China over the West Philippines Sea (WPS), Sen. Francis Tolentino said yesterday......»»
Philippines-European Union FTA talks resume in H2
The Philippines and the European Union (EU) are looking to resume formal negotiations for a free trade agreement (FTA) in the early part of the second half of the year, according to the Department of Trade and Industry......»»
DTI, Go Negosyo strengthen MSME Development program
The Department of Trade and Industry (DTI) and Go Negosyo agreed to strengthen their collaboration to further develop the country’s MSMEs......»»
Women shaping Philippine monetary policy
Women have made significant strides as leaders in the Philippine financial services industry even as challenges continue to persist. At the helm are two distinguished female members of the Monetary Board (MB) – the policy-setting body of the Bangko Sentral ng Pilipinas (BSP) –both of whom are breaking the bias for women in finance......»»
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......»»
'How do you deal with a neighbour...': Jaishankar slams Pakistan over 'industry level' terrorism
Singapore, March 24 (ANI): Emphasising the complex situation of dealing with a neighbour like Pakistan, External Affairs Minister S Jaishankar said that Islamabad uses terrorism as an instrument of statecraft and does not even hide from the fact. He affirmed that India will not skirt this problem anymore and the mood in the country is not to overlook the issue of terrorism. The EAM, who is in Singapore as part of his thre.....»»
PRO-7 warns against use of marijuana-flavored vapes
CEBU CITY, Philippines — The Police Regional Office in Central Visayas (PRO-7) has issued a stern warning against the use and proliferation of marijuana-flavored vape products. Police Lieutenant Colonel Gerard Ace Pelare, the PRO-7 spokesperson, said that they will arrest individuals who sell vapes mixed with marijuana oil. The sale and use of marijuana remains.....»»
DOT advises public to ‘travel wisely’ this Holy Week
MANILA, Philippines — The Department of Tourism (DOT) is advising the public to “travel wisely” to ensure safety during the Holy Week celebrations. “Travelers needing accommodation, tours, transportation, and other tourism-related services are strongly advised to patronize DOT-accredited tourism enterprises. Accreditation by the DOT recognizes establishments as having complied with the department’s minimum standards set.....»»
Insurance penetration rate slips further to 1.6 percent
The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»
Paris Olympic gold remains top priority for Marcial
More than winning his professional fight against Thai boxer Thoedsak Sinam on Saturday, a gold medal in the upcoming Paris Olympics is the bigger goal for Eumir Marcial......»»
Bahagi ng cremated remains ni Jaclyn Jose dinala ni Andi sa Siargao
KINUMPIRMA ni Gabby Eigenmann na ilang bahagi ng cremated remains ng yumaong veteran star na si Jaclyn Jose ay iniuwi ni Andi Eigenmann sa Siargao. Kuwento ni Gabby, bukod sa abo ni Jaclyn na dinala ni Andi sa isla ng Siargao ay may ibinigay din sa isa pang anak ng aktres na si Gwen Guck.....»»
‘Government should help exporters hurdle EU barriers’
The government must seek the removal of some trade barriers imposed by the European states to allow exporters to maximize the opportunities of the country’s prospective free trade agreement with Europe, an industry group said......»»
From the Newsrooms: March 10 to 16, 2024
THE STATE of the ruling alliance has taken back the news spotlight as the President and his predecessor engaged in yet another sharp exchange, suggesting that all is not well in Team Unity. The depth of hostility between the two remains the subject of public speculation.The media this week reported yet another back-and-forth between President Ferdinand Marcos Jr. and the former president, Rodrigo Duterte. The ex.....»»
Xinhua world economic news summary at 0900 GMT, March 18
BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing. That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think ta.....»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
DOLE-Davao vows to strictly monitor compliance of employers with new wage order
DAVAO CITY (MindaNews / 11 March) – The Department of Labor and Employment (DOLE) – Davao Region vowed Monday to strictly monitor the enforcement of the daily wage increase in the area, warning non-compliant employers they could be meted hefty penalties with possible imprisonment. DOLE-Davao director Atty. Randolf C. Pensoy told the Kapehan sa Dabaw that the Regional […].....»»
MOU on crude coconut oil export to Europe
The Philippine Coconut Authority has inked a memorandum of understanding with Ares Merchants Philippines Inc. and Limketkai Manufacturing Corp. to jointly produce mosh moah free or EU-compliant crude coconut oil to be refined by the first Filipino-owned refinery in Europe......»»