The Philippines has welcomed the United Kingdom and Mauritius' joint effort to settle their dispute on Chagos Archipelago in a peaceful manner, the way Manila has always wanted to address the South China Sea issue. Last week, the UK announced that it is handing over its sovereignty over the...
The Department of Trade and Industry (DTI) is working to finalize a comprehensive economic partnership agreement (CEPA) with the United Arab Emirates (UAE), a move aimed at strengthening economic ties between the two nations. DTI Secretary Cristina A. Roque recently met with the UAE's Minister of...
Downward Philippine inflation in the near term would be slightly offset by the new law imposing 12-percent value added tax (VAT) on digital services, Singapore-based United Overseas Bank (UOB) said. In an Oct. 4 report, UOB senior economist Julia Goh and economist Loke Siew Ting noted that there is...
General view of Ratcliffe-on-Soar power station in Nottingham, England, Sunday, September 29, 2024. The UK's last coal-fired power plant, Ratcliffe-on-Soar, will close, marking the end of coal-generated electricity in the nation that sparked the Industrial Revolution. (AP Photo/Rui Vieira) LONDON...
Senate President Pro Tempore Jinggoy Estrada (Senate PRIB) Senate President Pro Tempore Jinggoy Estrada has called on the Department of Foreign Affairs (DFA) to raise before the United Nations General Assembly (UNGA) the continued aggression of China...
The Philippines is pushing for a reform on the United Nations Security Council, particularly expanding the membership to the council. Photo courtesy of DFA Department of Foreign Affairs (DFA) Secretary Enrique Manalo made the statement in his speech at the General Debate of the 79th Session of the...
The Philippines rebuffed assertions that “major power rivalry” is at play in the South China Sea disputes because these diminish the rights of claimant-countries “to secure their own future.” Foreign Affairs Secretary Enrique Manalo delivers the Philippine statement at the 79th...
Singapore-based United Overseas Bank (UOB) expects the Philippine economy to grow as targeted this and next year while inflation risks and interest rates ease. In its quarterly global outlook report for the fourth quarter of 2024, UOB forecasted the Philippines' gross domestic product (GDP) to...
Britain's Prime Minister Keir Starmer addresses members at the Labour Party Conference in Liverpool, England, Tuesday, Sept. 24, 2024. (AP Photo/Jon Super) British Prime Minister Keir Starmer’s slip-up during Labour Party’s first annual conference on Tuesday made him call for the...
The Securities and Exchange Commission (SEC) successfully held the SEC Small and Medium Industries and Large Enterprises Embracing Sustainability (SMILEES) Roadshow in Baguio City on Sept. 18, 2024. The event was organized in collaboration with the United Nations Development Programme (UNDP)...
The aid agencies of the US and Japan plan to jointly roll-out development projects in the Philippines, according to the United States Agency for International Development (USAID). In a statement, USAID said its administrator Samantha Power met with Japan International Cooperation Agency (JICA)...
The UN General Assembly overwhelmingly passed a non-binding resolution demanding an end to Israel's occupation of Palestinian territory within the next 12 months. (Xinhua) UNITED NATIONS (Xinhua) -- The UN General Assembly (UNGA) passed a non-binding resolution on Wednesday demanding an end...