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China slams Germany for meddling in South China Sea row
Insisting anew on its claim of owning almost the entire South China Sea China has lashed back at other non-Association of Southeast Asian Nations countries allegedly meddling in the maritime disputes of the region......»»
‘Not war with China; don’t rely only on US’ – Marcos Jr.
In an interview on Bloomberg TV last Wednesday, as reported in another national daily, he made two related comments that could represent important government policy stands. First, regarding China’s increasing aggressive moves against Philippine vessels in the West Philippine Sea; second, about the United States’ repeated assurance of its “iron-clad” defense commitment under the 1951 Mutual Defense Treaty. The post ‘Not war with China; don’t rely only on US’ – Marcos Jr. appeared first on Bulatlat......»»
Marcos: PH avoiding conflict amid China’s rising threats
President Marcos said on Wednesday that the Philippines will strive to avoid provoking China while addressing its increasing threat in the South China Sea. However, Manila intends to assert its sovereign rights more assertively in the disputed waters. Marcos emphasized the importance of maintaining a delicate balance between defending maritime rights and preventing conflict in.....»»
The Philippines says it won t let China remove a Filipino military outpost on a disputed shoal
ABOARD BRP SINDANGAN (AP) - The Philippines will not allow China to remove a Philippine military outpost in a fiercely disputed South China Sea shoal, a navy official said Wednesday, a day after four Filipino navy personnel were injured in a confrontation between Chinese and Philippine ships. Philippine officials summoned a Chinese Embassy diplomat in Manila to convey a strong protest over the confrontation.....»»
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......»»
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)......»»
British chamber remains optimistic on UK-Philippines trade growth
With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»
BOC creates body to solve trade woes
The Bureau of Customs has established an advisory council that aims to address trade bottlenecks and enhance trade facilitation among importers and business groups amid a changing global environment......»»
French Farmers Protest Unfair Competition in EU Free-Trade Agreements
French Farmers Protest Against Unfair Trade Agreements Imposed by EU French farming unions have taken to the streets to protest against free-trade agreements imposed by.....»»
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......»»
Packaging trade show to support MSME development efforts – DTI
The Regional Operations Group of the Department of Trade and Industry expressed support for the upcoming ProPak Philippines trade show, emphasizing its potential to offer opportunities for innovation and improvement in product processing and packaging to micro, small and medium enterprises......»»
Will India join the US-China tug-of-war?
As the tussle between Beijing and Manila over the vital trade corridor intensifies, New Delhi remains vigilant The Philippines deployed ships to a disputed area in the South China Sea over the weekend to stop what it called China's "alarming activities." The office of President Ferdinand Marcos Jr. said in a.....»»
Will India join the US-China tug-of-war
As the tussle between Beijing and Manila over the vital trade corridor intensifies, New Delhi remains vigilantThe Philippines deployed ships to a disputed area in the South China Sea over the weekend to stop what it called China's "alarming activities." The office of President Ferdinand Marcos Jr. said in a statement that patrol ships will monitor.....»»
Rare beetle discovered in Mt. Hamiguitan sanctuary
In a recent discovery, a rare long-horned beetle, Paraskeletodes hamiguitanensis, was found in the Mount Hamiguitan Range Wildlife Sanctuary (MHRWS) in Davao Oriental. The beetle was unearthed during a scientific expedition led by the Provincial Government of Davao Oriental and conducted by a team from Davao Oriental State University (DOrSU). Dr. Milton Medina, a Filipino coleopterist, confirmed the uniqueness of P. hamiguitanensis through careful morphological examination, highlighting distinct differences from its closely related counterpart found in Sulawesi, Indonesia. The discovery sheds light on the limited knowledge of beetle taxonomy in the Philippines and underscores the need for increased scientific and conservation efforts in biodiversity hotspots like the Philippines and Sulawesi. Concerns were raised about the global trade of beetle species and the rapid loss of forest cover in the Philippines, emphasizing the vital role of protected areas like Mt. Hamiguitan as essential sanctuaries for biodiversity. The researchers emphasized the need for cooperation with DENR-Davao in promoting biodiversity conservation and encouraged young scholars to explore beetle taxonomy. The discovery of P. hamiguitanensis and several other beetle species in the area underscores the rich biodiversity of Mt. Hamiguitan, with ongoing research aiming to describe more species and uncover many undiscovered ones in the region......»»
Navigating Challenges in B2B Cross-Border Payments
Cross-border payments are vital to B2B operations, enabling businesses to extend their reach globally. While these transactions offer opportunities for international trade, they also present.....»»
Expanded centenarian law set for signing
President Marcos is set to sign the expanded centenarian law tomorrow that would give P10,000 cash aid to the elderly for each age milestone and another P100,000 when they reach 100......»»
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. .....»»
DTI allows manufacturers to downsize certain goods to offset rising costs
MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»
Israel seizes Rafah crossing as Gaza truce talks resume
Israel sent tanks into Rafah in southern Gaza, seizing the border crossing with Egypt Tuesday in an operation the United Nations said denied it access to the key humanitarian passage. The thrust into the eastern sector of Rafah, packed with displaced civilians, came as negotiators and mediators met in Cairo in another effort to forge a hostage release.....»»