Trade ministers from member economies of the Asia-Pacific Economic Cooperation (APEC) affirmed the need to uphold open and rules-based global trade to ensure the region’s economic growth amid the rise of protectionist policies. During the opening of the APEC Ministers Responsible for Trade (MRT)...
The Asia-Pacific Economic Cooperation (APEC) warned that economic growth across the region is expected to slow over the next two years as soaring oil prices, supply chain disruptions, and rising food costs linked to the worsening conflict in the Middle East weigh on trade and consumer demand. In...
First Lady Liza Araneta-Marcos highlighted the deepening friendship between the Philippines and Japan ahead of President Ferdinand Marcos Jr.’s upcoming state visit to Tokyo, following a dinner hosted by Japanese Ambassador Endo Kazuya. In a Facebook post on Wednesday, May 20, the First Lady...
President Marcos has directed the Technical Cooperation Council of the Philippines (TCCP) to implement a national technical program for providing technical assistance to developing countries. Marcos issued Executive Order No. 115 to strengthen the institutional capacity and responsiveness of the...
Japan International Cooperation Agency (JICA) and the Philippine government have launched a technical cooperation project aimed at strengthening sustainable finance and climate-related transparency frameworks in the country. In a statement on Saturday, May 9, JICA Philippines said that it signed...
LAPU-LAPU CITY, Cebu — Leaders of the Association of Southeast Asian Nations (ASEAN) have adopted a declaration strengthening maritime cooperation and reaffirming commitment to the peaceful resolution of disputes in regional waters in accordance with international law. The ASEAN Leaders’...
LAPU-LAPU CITY, Cebu — The Philippines will push for the endorsement of three key outcome documents during the 48th ASEAN Summit as President Marcos chairs the regional gathering in Cebu this week. In a press briefing here on Wednesday, May 6, ASEAN Spokesperson Dominic Xavier Imperial said the...
President Marcos told Japanese officials that the Philippines will continue to build on the trilateral ties it established with Japan and the United States. In his meeting with Japanese Defense Minister Koizumi Shinjiro at the Malacañan Palace on Tuesday, May 5, Marcos reaffirmed Manila 's...
BEIJING — China is stepping up its push to harmonize the Asia-Pacific’s two largest trade blocs, seeking to bridge the gap between competing frameworks to finally realize a long-delayed vision for a unified regional free trade zone. As the current chair of the Asia-Pacific Economic Cooperation...
The APEC Business Advisory Council (ABAC) has urged Asia-Pacific governments to take immediate and coordinated action to address mounting economic pressures, including trade fragmentation, energy market shocks, and persistent supply chain disruptions, warning that business confidence across the...
BEIJING, China — The trade relationship between two of the world’s largest economies is expected to expand significantly in the near term as China looks to secure bilateral commitments with the United States (US) at the upcoming Asia-Pacific Economic Cooperation (APEC) Summit. Ambassador Chen...
The Philippines and Slovenia are strengthening efforts to build a long-term partnership in energy security, leveraging science, technology, and innovation to develop resilient and cost-effective energy systems. The initiative was highlighted during the “Science2Business: Energy Resilience for...