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Trade deficit narrows to $4 billion in December
The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»
Philippines eyes $3.82 million sales from German trade fair
The Philippines is targeting to generate $3.82 million in sales from its participation in an international consumer goods trade fair in Germany, according to the export promotions arm of the Department of Trade and Industry......»»
Philippines total external trade drops by 5.4 pct in November
MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»
China Will Be Global Force for Peace : Wang Yi
TEHRAN (Tasnim) - China will be a global force for peace and stability, the country's foreign minister, Wang Yi, said at a press conference in Beijing on Thursday. - Other Media news - "In the face of complex turmoil in the international environment, China will persist in being a force for peace, a force for stability, and a force for progress in the world," Wang told reporters, AFP reported.Wang mad.....»»
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.....»»
Polish PM Tusk issues warning about Europe entering pre-war era
Polish Prime Minister Donald Tusk has issued a stark warning about the growing tension in Europe, stating that the continent is now in a “pre-war.....»»
China sidetracked as funding source for PNR Bicol
The government is taking another funding route for the Philippine National Railways South Long Haul, also called the PNR Bicol instead of China. It is seeking the assistance of the Asian Development Bank instead to pursue the long-delayed rail project......»»
US, Japan Accelerate War Drills to Deter China
washington - The U.S. and Japan wrapped up a joint command post exercise late this week that analysts said was aimed at improving the coordination of their capabilities in dealing with threats from China.The Keen Edge 24 computer simulation exercise was intended 'to practice responses in the event of a crisis or contingency,' said the U.S. Indo-Pacific Command as it began the exercise on February 1 and ended Thu.....»»
US, Japan Accelerate War Drills to Deter China
washington - The U.S. and Japan wrapped up a joint command post exercise late this week that analysts said was aimed at improving the coordination of their capabilities in dealing with threats from China.The Keen Edge 24 computer simulation exercise was intended 'to practice responses in the event of a crisis or contingency,' said the U.S. Indo-Pacific Command as it began the exercise on February 1 and ended Thu.....»»
Philippines rejects China’s claim of ‘repelling’ BFAR vessel in WPS
Commodore Jay Tarriela, spokesperson of the PCG for West Philippine Sea matters, called China's claim “inaccurate.”.....»»
FACT CHECK | Constitutionality, not ‘noble intentions’, basis for allowing joint ventures in West Philippine Sea – Supreme Court
In her column published on manilatimes.net on Dec. 23, 2023, Anna Malindog-Uy proposed, among others, possible joint ventures in the utilization of the resources in the South China Sea to pave the way for a non-confrontational resolution of maritime and territorial claims involving the Philippines and China. The article consistently used the term South China […].....»»
China calls alleged cyanide use in WPS ‘sheer fabrication’
China’s Foreign Ministry spokesperson Mao Ning called the claim of the Bureau of Fisheries and Aquatic Resources that Chinese fishers engage in cyanide fishing a “sheer fabrication.” .....»»
Envi group urges Senate to probe Samal-Davao bridge project
DAVAO CITY (MindaNews / 15 January) – The Sustainable Davao Movement has called on the Senate to investigate the implementation of the Samal Island-Davao City Connector (SIDC) project due to the ties of the government’s winning contractor, China Road and Bridge Corporation (CRBC), to the China Communications Construction Company Limited (CCCC), which the United States government blacklisted in […].....»»
China s Xi lauds ties with Indonesia during president-elect visit
Chinese President Xi Jinping praised China's strong ties with Indonesia during a meeting Monday with President-elect Prabowo Subianto. Xi laid plans for regional peace and affirmed China's commitment to deepen maritime cooperation with Indonesia.State broadcaster CCTV reported that Xi told Prabowo that bilateral ties "have entered a new stage of jointly building a community with a shared future." He also added t.....»»
Nobody benefits from a China downturn
For decades after the end of the Mao Zedong regime, China embarked on an economic revolution led by Deng Xiaoping. In the 1990s and the early part of the 21st century, China’s comparatively technocratic leadership promoted private enterprise......»»
Xinjiang Abuses Show Need for Robust EU Forced Labor Law
VOICEOVER:Do you have a car? If so, then parts of your car could be made with forced labor from China. Let's explain how. The first thing you need to know is that factories in China make the most cars in the world.Major brands such as General Motors, Tesla, BYD, Toyota, and Volkswagen manufacture and sell cars in China. .....»»
Off-White™ opens door in NUSTAR Cebu City
Cebu City, February 15th — Off-White™ is happy to announce that Virgil Abloh’s legacy is celebrated yet again in the Philippines, by the launch of Off-White™ Cebu in NUSTAR Resort Cebu. Opening to the public on 18th February 2024, Off-White™ Cebu will be the third branch of the beloved brand in the country following the.....»»
Game of Thrones spin-off on Jon Snow now off the table — Kit Harington
British actor Kit Harington, best known for portraying Jon Snow on "Game of Thrones," announced a spin-off series about the character is no longer in development......»»
Mandani Bay tops off 4 towers, total investments now stands P130B
Mandani Bay tops off 4 towers, total investments now stands P130B.....»»
Race for global economic dominance sees striking turn of fortunes - ex-IMF official
The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday. The American economy defied forecasts in outperfo.....»»