Department of National Defense (DND) Sec. Gilberto Teodoro Jr. (right) and Australian Deputy Prime Minister and Minister for Defence Richard Marles answer questions from the media after the inaugural Australia-Philippines Defence Ministers’ Meeting in Canberra on Nov. 12, 2024. (Photo: DND)...
SM Investments Corporation, the flagship of the Sy family, reported a nine percent growth in consolidated net income to P60.9 billion in the first nine months of 2024 from P55.9 billion in the same period last year on stronger earnings of its banking and property units. In a disclosure to the...
China said it is the Philippines, which has become more assertive in countering Beijing’s aggression in the South China Sea, that is causing provocation in the Indo-Pacific region. Lin Jian, spokesman for China’s Foreign Ministry, claimed that every escalation of maritime row between the two...
President Marcos said it was not unexpected that China would criticize the Philippines for passing two new laws that reaffirm the country's rights over maritime zones. The two new laws—the Philippine Maritime Zones Act and the Philippine Archipelagic Sea Lanes Act—would serve the country's...
China released over the weekend a portrait of Panatag Shoal (known in China as Huangyan Dao) that included its baseline claim of its territorial sea after the Philippine government passed two laws that affirmed its rights over it. China’s Foreign Ministry said on Sunday, Nov. 10, that it released...
Like with the Philippines, countries that are firm in upholding the rule of law in the South China Sea are also working with other members of the Association of Southeast Asian Nations (ASEAN) so they will not lose their voice in terms of calling out aggressive actions in the waters and yield to...
The Philippines will never become "a provocateur" of conflict in the South China Sea despite repeated infringement on its sovereignty. Manila’s envoy to Washington, Jose Manuel “Babe” Romualdez, promised that the Philippines will always resort to diplomacy and dialogue amid being on the...
Brunei Darussalam, a silent claimant on parts of the South China Sea, said it is willing to work with the Philippines, another claimant state, in ensuring peace and stability in the Indo-Pacific. Its envoy to Manila, Ambassador Megawati Manan, expressed Bandar Seri Begawan’s commitment to work...
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...
