The Philippines will receive a $400-million, or about ₱23.4-billion, loan from the Asian Development Bank (ADB) to restore marine ecosystems and strengthen its blue economy, as part of the lender’s $24-billion support package for Southeast Asia through 2028. ADB President Masato Kanda announced...
The Philippines remains firm in promoting a rules-based multilateral trading system amid recent upheavals in global trade, such as the United States’ (US) new tariff policy, according to Department of Trade and Industry (DTI) Secretary Cristina Roque. Roque served as the country’s delegate at...
The Department of Trade and Industry (DTI) is looking to partner with American technology giant Google to pursue investments aimed at enhancing the country’s digital infrastructure and capabilities. Trade Secretary Cristina Roque met with top officials of Google last week on the sidelines of the...
While the transmission of key interest rate cuts to lending rates remains uneven in the Association of Southeast Asian Nations (ASEAN), Japanese investment bank Nomura noted that this connection has massively improved in the Philippines. “Relative to the previous cutting cycle, the pass-through...
Department of Foreign Affairs (DFA) Secretary Enrique Manalo said that both China and the Association of Southeast Asian Nations (ASEAN) are committed to finalize the Code of Conduct (COC) on the South China Sea by next year, but clarified that whether that will be legally binding for all parties...
A ranking official of the United States’ Department of State emphasized the need for the 10-member Association of Southeast Asian Nations (ASEAN) to stand against “aggression from outside parties” and maintain freedom of navigation in the Indo-Pacific region. Flags of ASEAN members...
Amid the ongoing tariff conflict between the United States and China, Chinese Ambassador to the Philippines Huang Xilian urged the Association of Southeast Asian Nations (ASEAN) to be united in addressing “common challenges” and safeguarding its interests and the global economic order. ...
DTI AND ASEAN BAC PH TAKE THE FIRST STEPS FOR AN ASEAN CENTER FOR MSME DEVELOPMENT. In the meeting last April 8, 2025 at the DTI for the planned ASEAN Centre for MSME Development are (from left) ASEAN Business Advisory Council Philippines (ASEAN BAC PH) Executive Director Gil Gonzales Director...
While other regions and countries have retaliated against United States President Donald Trump’s imposition of increased tariffs on foreign goods, the Association of Southeast Asian Nations (ASEAN) will instead seek “a frank and constructive dialogue” to address trade-related concerns. ...
An intensifying global tariff war would provide the Philippines with trade rerouting opportunities that the country may not fully take advantage of due to its underdeveloped logistics sector. As United States (US) President Donald Trump's tariffs target economies where significant export flows...
As the timeframe set for the conclusion of the China-Association of Southeast Asian Nations (ASEAN) Code of Conduct draws nearer, Department of Foreign Affairs (DFA) Secretary Enrique Manalo revealed on Monday, April 14, that there will be more rounds of negotiations in the coming months....
The negotiations for the conclusion of a more binding Code of Conduct (COC) between the Association of Southeast Asian Nations (ASEAN) and China became the venue for the Philippines to once more raise concerns over Beijing’s recent aggressive actions in the contested waters. File photo “The...
