The Lithuanian government is open to a possibility of a defense pact with the Philippines that will allow the presence of their troops in each other’s soil and enter into joint military exercise. “We are not going to compete with our colleagues in Europe, but yes, we talked about possibility...
The negotiations and discussions involving the Reciprocal Access Agreement (RAA), the Acquisition and Cross-Servicing Agreement (ACSA), and the Agreement on the Security of Information will take the partnership of the Philippines and Japan to a “higher level” as both countries aim to ensure the...
After the ratification of the Reciprocal Access Agreement (RAA) by both the Philippines and Japan, the Armed Forces of the Philippines (AFP) said the next phase would involve the crafting of its implementing rules and regulations (IRR). “We welcome the signing of the RAA by the Japan Diet at...
The National Security Council (NSC) added to the growing list of government agencies that voiced support for the ratification of the Reciprocal Access Agreement (RAA) between the Philippines and Japan, saying it was “timely and strategic” amid the volatile situation in the Indo-Pacific region....
The Department of National Defense (DND) welcomed the approval of the Philippines-Japan Reciprocal Access Agreement (RAA) by Tokyo’s national legislature, the National Diet, on Friday, June 6. The pact allows both countries to send military forces and equipment to each other’s territory for...
Lopez-led First Gen Corporation, via its subsidiary First Gas Power Corporation, is seeking approval from the Energy Regulatory Commission (ERC) for the extension of its power purchase agreement (PPA) with the Manila Electric Company (Meralco) covering its 1,000-megawatt Santa Rita gas-fired plant,...
The Philippines will continue to lead in climate change mitigation efforts as the world continues to struggle with the realities of ocean governance. Senator Loren Legarda made this promise when she led the reaffirmation of the 2021 Manila Call to Action, Charting Philippine Ocean-Climate Policy...
The Philippines’ first free trade agreement (FTA) with a Middle Eastern country is expected to be signed next month with the United Arab Emirates (UAE), which will likely set the stage for more substantial investments from sovereign wealth funds. In a business forum hosted by the Dubai Chamber of...
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...
The European Union (EU) is open to accelerating the negotiations for a free trade agreement (FTA) with the Philippines amid global trade uncertainties such as the tariff policy of the United States (US). EU Ambassador to the Philippines Massimo Santoro said on Tuesday, May 13, that the 27-member...
The Marcos administration's chief economic manager has signed another loan agreement with the World Bank, committing to repay the concessional financing until 2053. A World Bank document showed that Finance Secretary Ralph G. Recto, on behalf of the Philippine government, signed the loan agreement...
The Philippines and New Zealand have signed the Status of Forces Agreement (SOVFA), a defense deal that will allow the armed forces of both countries to hold joint military drills. President Ferdinand 'Bongbong' Marcos Jr. meets with New Zealand Defense Minister Judith Collins in Malacañan during...
