China Banking Corporation (CBC or Chinabank) booked a 13 percent growth in net income to a record P18.4 billion in January to September 2024 from P16.2 billion in the same period last year on the back of sustained strong growth from core businesses. In a disclosure to the Philippine Stock Exchange...
South Korean Ambassador to the Philippines Lee Sang-hwa said that Seoul and Manila are now standing as “a beacon of stability” as proven by their commitment to maintaining peace despite tensions both in the Korean Peninsula and in the South China Sea. At the celebration of the National Day of...
Satellite image shows two Chinese fishing boats, “Lu Rong Yu 51794” and “Lu Yan Yuan Yu 017”, are spotted less than 20 nautical miles from San Ildefonso Peninsula in Casiguran, Aurora Province off the east coast of the Philippines on Oct. 29, 2024. (Courtesy of Ray Powell / X) Chinese...
BRP Davao del Sur (center) and BRP Gregorio del Pilar (back) hold a maritime cooperative activity with Australia's HMAS Toowoomba in the West Philippine Sea on Nov. 25, 2023. (Photo by Australian Defence Force) The Armed Forces of the Philippines (AFP) has stopped the weekly publication of the...
The Philippines' below-goal and slowing near-term economic growth would be unlikely to gain from China's massive stimulus due to meager exports to the mainland, according to Deutsche Bank Research. Deutsche Bank's global macro forecasts released on Tuesday, Oct. 15, showed projected gross domestic...
DND Sec. Gilberto Teodoro Jr. The Philippines is eager to hold dialogues with China to finalize a regional code of conduct in the South China Sea (SCS), Department of National Defense (DND) Secretary Gilberto Teodoro Jr. said. Teodoro, however, expressed doubts on the sincerity of Beijing to...
President Marcos rebuffed criticisms that the Association of Southeast Asian Nations (ASEAN) is merely a “talk shop” as he underscored its role in keeping peace and stability in the disputed South China Sea region. President Ferdinand 'Bongbong' Marcos Jr. during the 14th ASEAN-United...
Amid the continued call for a binding Code of Conduct on the South China Sea, President Marcos said the ball is now in China's court, saying it has always been the Association of Southeast Asian Nations (ASEAN) that has been pushing for it. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang...
President Ferdinand "Bongbong" Marcos Jr. with House Speaker Martin Romualdez at the ASEAN Summit in Vientiane, Laos (Speaker's Office) House Speaker Martin Romualdez commended President Marcos for his “principled stand” in defending the...
President Marcos called on participants of the East Asia Summit (EAS) to exert "concerted and serious efforts" to resolve disputes in the South China Sea and not ignore China's continued "disregard" for international law and standards. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo)...
President Marcos has described the relationship between the Philippines and Canada as "stronger than ever" as he and Canadian Prime Minister Justin Trudeau discussed both countries' cooperation in defense, trade, and other areas of bilateral cooperation. President Ferdinand 'Bongbong' Marcos Jr....
President Marcos has called on members of the Association of the Southeast Asian Nations (ASEAN) to expedite the negotiations of the ASEAN-China Code of Conduct (COC) as he lamented how Filipinos are still being harassed and intimidated by Chinese forces in the South China Sea. President Ferdinand...