Trade chiefs of the 21 member economies of the Asia-Pacific Economic Cooperation (APEC) issued a joint statement calling for strategic reforms in international trade as the region grapples with uncertainties driven by two of its members: China and the United States (US). In a statement issued after...
The member economies of the Asia-Pacific Economic Cooperation (APEC), including the Philippines, have expressed support for a global measure that provides benchmarks to boost the investment and business climate of its members. In a statement, APEC is calling for the integration of the investment...
TOKYO (AP) — Global free trade is in crisis, the head of the World Trade Organization chief said Tuesday while meeting Japanese Prime Minister Shigaru Ishiba on Tuesday. Ngozi Okonjo-Iweala, director-general of the World Trade Organization, told Ishiba that she has high expectations for Japan as...
Japan and the United Kingdom (UK) have signaled concerns over a proposed measure in the Philippines that would impose a ban on the country’s export of raw minerals, according to the World Trade Organization (WTO). In a statement on its website, the WTO said the country’s proposed “export...
President Marcos on Wednesday, Dec. 4, touted the “big plans” the Philippines has in building up its trade and commerce ties with partner-countries. President Ferdinand ‘Bongbong’ Marcos Jr. meets with World Trade Organization (WTO) Director General Dr. Ngozi Okonjo-Iweala in Malacañan on...
ON TO A BETTER FUTURE From left: ABAC Chile member Ramon Jara, Aboitiz Group chief sustainability and reputation officer and ABAC Philippines staffer Ginggay Hontiveros, and ABAC Philippines lead staffer Patrick Chu In Bander Seri Begawan, Brunei Darussalam recently, APEC Business Advisory Council...
Global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall, according to the World Trade Organization (WTO). A new“Global Trade Outlook and Statistics” report by WTO economists on Wednesday, 5 April, forecasts that volume of world...
President Ferdinand "Bongbong" Marcos Jr. has resumed his presidential activities following his week-long mandatory isolation after testing positive for Covid-19. President Ferdinand 'Bongbong' Marcos swears in Ambassador Manuel Antonio Teehankee as the Philippine Permanent Representative to the...
After undergoing a seven-day mandatory isolation, President Ferdinand "Bongbong" Marcos Jr. carried on with swearing in officials he picked to lead certain posts under his administration. President Ferdinand 'Bongbong' Marcos Jr. and Ambassador Manuel Antonio Teehankee. (Photo courtesy of Bongbong...
The opposition coming from the farmers’ groups against the ratification of the Regional Comprehensive Economic Partnership (RCEP) has intensified, with as many as 45 groups with thousands of members combined claiming they were not consulted about the Philippines’ commitments on the treaty as...
Amid lack of government support, the Philippines has been slacking in corn production. The situation has gone so bad that importation has already become a necessity. CORN Roger Navarro, president of the country’s largest group of corn producers Philippine Maize Federation (PhilMaize), said in an...
International think tank Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) has backed the Philippine government on its stand at the World Trade Organization (WTO) against illegal, unreported, and unregulated (IUU) fishing and harmful fisheries subsidies....
