President Duterte has issued an executive order (EO) creating the Philippine Trade Facilitation Committee (PTFC) to comply with the country's commitments under the World Trade Organization-Trade Facilitation Agreement (WTO-TFA). President Rodrigo Duterte (File photo/Malacañang) Executive...
President Duterte is putting his foot down against the alleged "inferior" treatment given by the United States to its longtime ally the Philippines. President Duterte delivers his public address while in a meeting with former Senator Juan Ponce Enrile and other government officials in Malacañang...
The Climate Change Commission (CCC) has hailed a food and beverage giant's commitment to reduce its greenhouse gas (GHG) emissions to "net zero" by the year 2050. (Photo from Climate Change Commission PH Facebook page) The company, Nestlé Philippines, also set a mid-term goal of slashing to half...
The Philippines and the European Union (EU) had just concluded the first meeting of the Sub-Committee on Development Cooperation under the Partnership and Cooperation Agreement (PCA) eyeing to prioritize support for the country’s recovery from the COVID-19 (coronavirus disease 2019) crisis. “It...
The Philippine government has already finalized the updated Financial and Technical Assistance Agreement (FTAA) with Australian-Canadian miner OceanaGold Corporation (OceanaGold) nearly two years since the major mining deal expired. MGB Director Wilfredo Moncano (Photo credit:...
The Armed Forces of the Philippines (AFP) has signed a memorandum of agreement (MOA) with the Commission on Human Rights (CHR) to enhance the military's operations by strengthening its knowledge of the people's basic rights. Lt. Gen. Cirilito Sobejana, AFP Chief of Staff (6th Infantry Division –...
Australian-Canadian miner OceanaGold Corporation (OceanaGold) said the renewal of its Financial and Technical Assistance Agreement (FTAA) with the Philippine government for the Didipio gold and copper mine in Nueva Vizcaya has remained uncertain. And that the company now expects to spend $1.5...
Despite the perceived low capitalization of US$50 million dangled to foreign investors for integrated geothermal resource exploration and power plant development in the country, the Department of Energy (DOE) disclosed that there are no takers yet of the blocks being offered by the government....
Switzerland, one of the highest per capita countries in the world, has identified processed food, natural ingredients and value-added textiles as potential products that Philippines can export to their country and into the larger EU countries. Photo credit: https://www.sippo.ch/ A recent study by...
Anchoring it on the ‘right to match’ provision of the joint operating agreement (JOA) under Service Contract (SC) 38, Energy Secretary Alfonso G. Cusi indicated that Udenna Corporation of businessman Dennis Uy may likely have an edge in acquiring the 45-percent stake being unloaded by Shell...
As many as 496 employees at the Didipio gold and copper mine have lost their jobs during the first round of permanent layoff conducted by Australian-Canadian miner OceanaGold Corporation (OceanaGold). Along with the termination of direct employees, approximately 400 people working with...
The Philippines ranked fourth as potential location site for EU businesses among countries in ASEAN, which also lost steam as EU favorite with new regions also being eyed as good sites for global supply chain relocation, a 2020 EU-ASEAN Business Sentiment Survey showed. Photo credit:...
