The Philippines and the European Union (EU) have formally elevated their bilateral relations by signing a Joint Statement launching an Enhanced Partnership aimed at broadening cooperation on foreign policy, security, trade, climate action, digital connectivity, and other areas of mutual interest....
Foreign business groups welcomed the Philippines’ leap to upper-middle-income status as a positive signal of the country’s growing position as a competitive investment destination. In a statement, the American Chamber of Commerce of the Philippines (AmCham) said the World Bank’s...
NICOSIA, Cyprus (AP) — The Iran war 's shock to global fuel prices has reinforced Europe 's stance that it must forge alternative trade and energy routes to the Strait of Hormuz. Here is a look at what the European Union is contemplating to bolster its energy security and minimize the...
FORT WORTH, Texas (AP) — Russell Henley birdied the final three holes to force a playoff with Eric Cole, then made it four it a row with a 5-footer on the first extra hole Sunday, May 31, at Colonial to win the Charles Schwab Classic. Henley’s late surge denied fellow 37-year-old Cole his first...
The Philippines and Japan have moved closer to a landmark defense equipment deal that could see retired Japanese warships and a patrol aircraft transferred to the Armed Forces of the Philippines (AFP). This as the Philippine government pressed ahead with efforts to expand security ties with...
The Philippines will hold the next round of negotiations for a free trade agreement (FTA) with the European Union (EU) next month, taking one step closer towards the conclusion of a historic deal that would grant wider market access to the country’s exports. Trade Undersecretary Allan Gepty told...
The Philippine government lost more than ₱80 billion in tax revenues in 2025 due to illicit tobacco and e-vapor activities, making the country the primary source of illegal vape leakages in Southeast Asia. This fiscal drain is a key finding of the latest study by the European Union-Association of...
NICOSIA, Cyprus (AP) — The European Union 's energy commissioner said Wednesday that while there is no immediate threat to jet fuel supplies, the possibility of a longer-term shortage cannot be ruled out. Commissioner Dan Jørgensen told reporters that any shortage will depend on how the...
SAO PAULO (AP) — Brazil said Tuesday that the European Union has moved to block its animal product exports from September, just days after a mega deal between the South American trade bloc Mercosur and the EU on a trans-Atlantic market estimated at $22 trillion went into effect, at least...
Sustainability is no longer a secondary consideration in policymaking or business strategy. It is increasingly becoming a central goal shaping how governments and industries plan for the future. This was among the key messages highlighted during the ASEAN-EU Sustainability Summit 2026 in Cebu,...
LAPU-LAPU CITY, Cebu — The European Union (EU) is hoping to complete negotiations for a free trade agreement (FTA) with the Philippines as early as this month, especially with only a few chapters left to be finalized. EU Ambassador to the Philippines Massimo Santoro said he is optimistic that the...
The European Union (EU) and the Association of Southeast Asian Nations (ASEAN) must become a reliable and long-term partners, especially at a time when Southeast Asia faces mounting economic strain caused by disruptions in energy supply chains, rising production costs, and broader geopolitical...