The finance chiefs of the 21-member Asia-Pacific Economic Cooperation (APEC) have established a public-private Sustainable Finance Initiative (SFI) to foster inclusivity and resiliency in the region. In a statement, APEC said the SPI is "a flexible, voluntary and non-binding collaboration tool...
A French vessel is now in the Philippines as part of France's commitment to strengthen maritime cooperation with the country. French surveillance frigate Prairial on Tuesday, Oct. 22, docked at Cebu port for a port call that will last until Oct. 25. Photo courtesy of French Embassy in Manila It is...
A decade after the Cebu Action Plan was crafted in the Philippines, finance ministers of the Asia-Pacific Economic Cooperation (APEC) will come up with a new non-binding five-year roadmap attuned to the regional challenges of these times. "Despite the reduction of inflationary pressures and gradual...
The Philippines, the United States, and Japan held talks on cybersecurity as they expanded their trilateral ties to include addressing cyber threats. Officials from information and technology departments of the three governments attended the trilateral dialogue in Singapore, where they discussed...
Japanese tech firm Spectee Inc.'s artificial intelligence (AI)-powered crisis management information system is expected to enhance disaster response in the Philippines, according to the Japan International Cooperation Agency (JICA). In a statement, JICA Philippines said its senior representative...
The local economies of Bulacan and its neighboring provinces are expected to be bolstered by the expanded 24.6-kilometer (km) Plaridel Bypass Road, according to the Japanese government, which partly funded the project through an official development assistance (ODA) loan. The completed third phase...
Japan, together with the United States, is backing up the Philippines' cybersecurity enhancement, especially to protect critical information infrastructures (CIIs). Japan International Cooperation Agency (JICA) Philippines chief representative Takema Sakamoto committed "unwavering support" to the...
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...
A new set of US troops have arrived in the Philippines to train with their Filipino counterpart as Washington continues to bolster its “cooperative relations with important allies and partners” in the region, the US military announced. US marines and sailors are now in the country as part of...
Japan will help the Philippines achieve its ambition to become an upper middle-income economy through sustained official development assistance (ODA), according to Japan International Cooperation Agency (JICA) president Akihiko Tanaka. At an online press briefing commemorating JICA's 70th...
(Front to back) The BRP Ramon Alcaraz (PS16), HMCS Montreal (FFH336), and USS Lake Erie (CG70) with BRP Jose Rizal (FF150) on the lead, sail in formation during the multilateral maritime cooperative activity by the Australia, Canada, Philippines, and United States in the West Philippine Sea...
The aid agencies of the US and Japan plan to jointly roll-out development projects in the Philippines, according to the United States Agency for International Development (USAID). In a statement, USAID said its administrator Samantha Power met with Japan International Cooperation Agency (JICA)...
