The Philippine Army (PA) is bolstering its external defense posture through expanded cooperation with the United States Army on joint operations and maritime security. Army Chief Lt. Gen. Antonio G. Nafarrete received US Army I Corps Commanding General Lt. Gen. Matthew McFarlane and 6th Battalion,...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has expressed concern over growing divisions among United States (US) officials on the monetary policy direction of the world’s largest economy. On the sidelines of the Manila Tech Summit on Tuesday, Aug. 26, Remolona told reporters...
The Philippines’ rice output, which soared to a record high in the first half, may not be enough to meet the anticipated demand during the 60-day import ban set to begin next week, according to the United States Department of Agriculture (USDA). In a report, the USDA said the country imported...
The documents seeking the extradition of embattled Kingdom of Jesus Christ (KOJC) teleevangelist Apollo Quiboloy, who is wanted there for trafficking charges, among others, are already with the Department of Justice (DOJ), Philippine Ambassador to Washington Jose Manuel “Babe” Romualdez said on...
Asian exports, including those from the Philippines, are seen remaining resilient in the second half of the year, contrary to earlier expectations that regional shipments would slump once front-loading ahead of United States (US) tariffs wane, according to the think tank Capital Economics....
The Philippines has once again secured a quota of 145,235 metric tons raw value (MTRV) of raw cane sugar at a lower tariff rate for the upcoming fiscal year (FY), according to the Office of the United States Trade Representative (USTR). In a statement over the weekend, the USTR announced that the...
To build its defense strategy and better equip its armed forces, the Philippines is currently in talks with the United States for the possible deployment of more US military assets and equipment, Philippine Ambassador to Washington Jose Manuel “Babe” Romualdez said. In a recent interview on...
United States Ambassador to Manila MaryKay Carlson affirmed that the US Navy’s recent operations in the Scarborough Shoal is critical to freedom of navigation in the region and the US’ role in upholding international maritime laws. Speaking on the sidelines of the welcome reception for US...
Keen to advance nuclear energy development, Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is set to receive funding support from the United States (US) government nearly three years after it first sought assistance to explore the potential of small modular reactors (SMRs). On the sidelines...
The United States Department of Agriculture (USDA) has downgraded its projection of the Philippines’ rice imports this year by 500,000 metric tons (MT) due to the 60-day import ban that will come into effect beginning next month. In its report on the global grains trade, the USDA’s Foreign...
The Philippines and Southeast Asia may attract foreign investments avoiding China and India if the United States (US) pushes through with its threat of higher tariffs on Indian goods, according to the think tank Capital Economics. “[US] President [Donald] Trump’s threat to impose an additional...
The United States has allocated an additional P13.8 million worth of funding for emergency shelter assistance and hygiene kits to the victims of the recent typhoons and flooding in Luzon. The US Embassy in Manila said in a statement on Friday, Aug. 8, that the new provision will cover some 3,000...
