A ranking congressman is asking the Philippine Coast Guard (PCG) to hasten its discussions with ally-countries like the United States (US) and Japan in connection with the proposed joint maritime patrols in the West Philippine Sea (WPS). Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook)...
The Philippines must take advantage of its allies in terms of conducting joint maritime operations, considering its limited resources in strengthening its capacity against possible attacks. This was what Retired Rear Admiral Rommel Jude Ong, a maritime security expert, believed in as he noted that...
The Philippines and the United States will be conducting more joint maritime patrols in the upcoming months but that does not necessarily mean it is "directed against any country," Philippine Ambassador to the US Jose Manuel "Babe" Romualdez said Thursday. In an interview with ANC, Romualdez said...
Inchcape Plc (Inchcape), an independent multi-brand global automotive distributor, has acquired a controlling stake in CATS Group of Companies (CATS), the leading distributor of luxury vehicles in the Philippines. The acquisition also paved the way for a joint venture with Inchcape and CATS....
The decision of the Supreme Court to void the 2005 Tripartite Agreement for Joint Marine Seismic Undertaking (JMSU) among China National Offshore Oil Corporation (CNOOC), Vietnam Oil and Gas Corporation (PETROVIETNAM), and the Philippine National Oil Company (PNOC) is a welcome development. The...
China has reiterated its commitment to explore ways to conduct joint maritime exploration after the Philippine Supreme Court declared as unconstitutional a 2005 joint oil exploration deal among China, the Philippines and Vietnam. In a press conference on Wednesday, China's spokesman for its...
Senator Sherwin Gatchalian on Sunday, January 8 expressed doubts that China would be willing to accommodate the Philippines’ demands with regards to the proposed joint oil and gas exploration in the South China Sea even under President Ferdinand “Bongbong” Marcos Jr.’s administration. Sen....
Senate President Pro Tempore Loren Legarda on Thursday, January 5 said dialogue and friendly relations with any country are always welcome news. Legarda issued the statement after Chinese President Xi Jinping told President Marcos that China is ready to resume oil and gas exploration talks with the...
KPP Powers Commodities (KPP Powers), a Filipino firm engaged in the marketing of veterinary and pharmaceutical products, has acquired the exclusive distributorship of African Swine Fever (ASF) vaccines from Vietnam manufacturer AVAC Vietnam Joint Stock Company (AVAC). The partnership marked an...
Foreign business groups in the country are keenly watching the proposed creation of a Maharlika Wealth Fund, a Philippine sovereign wealth fund, being pushed in the Lower House. “We are following it with great interest,” said Lars Wittig, president of the European Chamber of Commerce of the...
Six New People’s Army rebels were killed in a series of encounters in Barangay Chua, Bagumbayan, Sultan Kudarat on Thursday, Nov. 24, the military said. TROOPS recovered guns and other items left behind following an encounter with the New People's Army in Sultan Kudarat on Thursday, Nov. 24....
The Philippines joined other ASEAN member states and the United Kingdom in endorsing the work plan for the implementation of the ASEAN-UK Joint Ministerial Declaration on Future Economic Cooperation during the 2nd ASEAN Economic Ministers-UK Consultations held at the sidelines of the 40th and 41st...
