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UNCTAD raises alarm over global trade disruptions

The United Nations Conference on Trade and Development is sounding the alarm about the increasing disruptions in global trade, attributed to escalating geopolitical tensions and the impact of climate change on vital trade routes around the world......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

China urges Philippines to stop provocations in South China Sea

BEIJING, April 1 (Xinhua) -- China urges the Philippines to immediately stop violating China's sovereignty and its provocations on Ren'ai Jiao, and return to observing the spirit of the Declaration on the Conduct of Parties in the South China Sea (DOC), Chinese foreign ministry spokesperson Wang Wenbin said on Monday. Wang made the remarks when asked to comment on a statement made by the Philippine department of.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024

China gets increasingly rambunctious in South China Sea

Hong Kong, April 1 (ANI): Chairman Xi Jinping, as part of his hardening stance against the Philippines, has obviously instructed agencies like the China Coast Guard (CCG), which is directly under his command, to demonstrate greater vigor in the South China Sea. Indeed, Second Thomas Shoal has emerged as a potent flashpoint in the South China Sea, a submerged reef situated 194km west of the Philippine island of Palawan. Th.....»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 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

Australia, Britain Criticize China for Actions in Hong Kong

SYDNEY - Australia and Britain on Friday criticized China for its actions in Hong Kong and the South China Sea and its support of Russia, after a meeting in which London and Canberra deepened their security ties.The two countries called out 'recent unsafe and destabilizing behavior by China's vessels against Philippine vessels and crew near Second Thomas Shoal in the South China Sea,' in a statement that contain.....»»

Category: newsSource:  manilanewsRelated NewsMar 22nd, 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

Economic Watch: China s travel boom buoys global expectations

BEIJING, Feb. 5 (Xinhua) -- As the eight-day Spring Festival holiday draws closer, global tourist destinations are keen to attract Chinese holidaymakers, with high hopes for a tourism boom. In a video message last week, Thai Prime Minister Srettha Thavisin extended a warm welcome to Chinese tourists, as they had been the largest source of inbound tourism for the country. The prime minister expressed hopes that C.....»»

Category: newsSource:  manilanewsRelated NewsFeb 5th, 2024

Rappler Talk: Was it justice for Jemboy Baltazar’s parents?

Catch this episode of Rappler Talk as justice and police reporter Jairo Bolledo sits down with the teen's parents to talk about their reaction to the court's verdict.....»»

Category: newsSource:  rapplerRelated NewsFeb 28th, 2024

Bea Alonzo, Dominic Roque hiwalay na ayon kay Boy Abunda

KINUMPIRMA mismo ng talent manager at tinaguriang King of Talk na si Boy Abunda na hiwalay na sina Bea Alonzo at Dominic Roque. Sa kanyang talk show na “Fast Talk with Boy Abunda” ay diretsahang kinumpirma ng talent manager ang kumakalat na balita ukol sa celebrity couple. “Isa pang balita na talagang nakalungkot, sumindak sa.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Economic worries weigh down PSEi

Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Russia s trade with key BRICS partners now almost dollar-free

95% of the country's transactions with India and China were conducted in local currencies last year National currencies were used in 95% of Russia's trade with China and India last year, the secretary general of the International Chamber of Commerce (ICC), Tatiana Monaghan, revealed on Monday.   According.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 19

PHNOM PENH -- A Cambodian senior government official has painted a rosier picture for Cambodia-China economic and trade cooperation in 2024, saying that a steady increase in bilateral trade and investment volumes has benefited both countries and peoples. Sok Siphana, a senior minister and chairman emeritus of the Board of Directors of the Asian Vision Institute, said 2024 is the year to implement the China-Cambo.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 19

PHNOM PENH -- A Cambodian senior government official has painted a rosier picture for Cambodia-China economic and trade cooperation in 2024, saying that a steady increase in bilateral trade and investment volumes has benefited both countries and peoples. Sok Siphana, a senior minister and chairman emeritus of the Board of Directors of the Asian Vision Institute, said 2024 is the year to implement the China-Cambo.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Let’s talk trade relations

Economics isn’t always the sexiest thing to talk about, but it’s the more sustainable discussion to be had with regards to the geopolitical tension in the region......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

PSSO warns anew vs building structures atop dikes, coastal road

The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

China stooped to 'gutter level talk': Philippines on Beijing s provocative comments

Manila [Philippines], January 18 (ANI): The Philippine Defence Secretary has called out a Chinese official for insulting President Ferdinand Marco Jr and the Filipino nation with his "low and gutter-level talk."In a statement by the Philippine Department of National Defense on Wednesday, Secretary Gilbert Teodoro said, "It is unfortunate that the PRC Ministry of Foreign Affairs spokesperson stooped to such low and gutter.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

China stooped to 'gutter level talk': Philippines on Beijing s provocative comments

Manila [Philippines], January 18 (ANI): The Philippine Defence Secretary has called out a Chinese official for insulting President Ferdinand Marco Jr and the Filipino nation with his "low and gutter-level talk."In a statement by the Philippine Department of National Defense on Wednesday, Secretary Gilbert Teodoro said, "It is unfortunate that the PRC Ministry of Foreign Affairs spokesperson stooped to such low and gutter.....»»

Category: newsSource:  philippinetimesRelated NewsJan 18th, 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

NZ-EU FTA gains Royal Assent for 1 May entry to force

The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand's ratification of its free trade agreement with the European Union.   "I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union of our ratification of the New Zealand European Union Free Trade Agreement (NZ-EUFTA)......»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024