The Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and Export Import Bank of Korea (KEXIM) vowed to support the Laguna Lakeshore Road Network (LLRN) project. The ADB has committed $1.2 billion as the initial tranche of funding, while the AIIB is contributing $188...
Finance Secretary Ralph G. Recto said the Philippine government secured about P13 billion in loans from the South Korean government to finance the new Dumaguete Airport Development project. Recto and Export-Import Bank of Korea (KEXIM) Chairman and President Yoon Hee-sung signed on Wednesday, Aug....
PEACE-MAKER Jose de Venecia Jr. Former Speaker of the House (Part II) In our column last Sunday, we highlighted the statement of the 350-strong International Conference of Asian Political Parties (ICAPP) on peace, security and stability, which was issued at the conclusion of our 11th General...
PEACE-MAKER Jose de Venecia Jr. Former Speaker of the House At the recently-concluded 11th General Assembly of the 350-strong International Conference of Asian Political Parties (ICAPP) in Istanbul, Nov. 17-20, under the theme “Role of political parties in strengthening dialogue for global peace,...
PHNOM PENH, Cambodia—Without a chance for a formal bilateral talk, President Ferdinand Marcos Jr. and Chinese Premier Li Keqiang met at the sidelines of the ASEAN-Plus Three (APT) Summit here only for a brief conversation that led to an agreement of strengthening ties of both countries. Since...
PHNOM PENH, Cambodia—Feeling a growing support from Southeast Asian countries in its fight against Russia, Ukrainian's top diplomat has said his country’s war with Russia will only end "when Ukraine wins." In an exclusive interview with Manila Bulletin, Ukrainian Foreign Minister Dmytro Kuleba...
The Export Import Bank of Korea-Economic Development and Cooperation Fund (KEXIM-EDCF) has sealed a loan to the Philippines to finance the engineering services for the Panay-Guimaras-Negros Island bridges project. In a statement, the Department of Finance (DOF) said that the Philippines and Korea...
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...