The Philippines’ private sector is expected to receive funding from the United States’ (US) $205-billion financing program under the International Development Finance Corp. (DFC) to advance the development of big-ticket projects. In a virtual briefing on Wednesday, July 8, DFC Chief Policy...
The Philippines’ healthcare system is emerging as a promising export destination for American firms as demand for health information technology (IT) continues to grow, according to the United States Commercial Service (USCS). In a briefer, the trade promotion arm of the US Department of...
ANKARA (Jiji Press) -- The foreign ministers of Japan, the United States and South Korea shared concern over the recent launch of a ballistic missile by a nuclear-powered Chinese navy submarine at a meeting in Ankara, Turkey, on Tuesday. Japanese Foreign Minister Toshimitsu Motegi, U.S. Secretary...
The Philippines is pushing for an exemption from the proposed 12.5-percent tariff on its imports into the United States (US), arguing that existing trade policies have not been proven to facilitate the importation of goods produced with forced labor. In a July 6 submission to the Office of the US...
The Philippine Navy (PN) and Philippine Coast Guard (PCG) will take part in all major events during the sea phase of this year’s Rim of the Pacific (RIMPAC) Exercise, with the United States highlighting Manila 's growing role in the world 's largest multinational maritime drills. Rear...
More than 25 American business executives and investors will visit the country next week for a business mission as the United States (US) seeks to deepen its economic ties with the Philippines, which recently secured upper-middle-income status. In a statement, the Department of Trade and Industry...
The Philippines is well-positioned to meet the surging international demand for ube (purple yam), but persistent gaps in domestic production are limiting its ability to capitalize on this export potential, according to the United States Department of Agriculture (USDA). In a market brief dated June...
The Armed Forces of the Philippines (AFP) and United States Pacific Command (USPACOM) completed a two-day bilateral maritime exercise near Bajo de Masinloc (Scarborough or Panatag Shoal) in the West Philippine Sea (WPS) despite being shadowed by four Chinese vessels throughout the activity. The...
The Philippine Coast Guard (PCG) and the United States Coast Guard (USCG) have reaffirmed their commitment to deepen operational cooperation amid rising regional maritime security challenges. The commitment was underscored during the official visit of USCG Pacific Area Commander Vice Admiral Joseph...
Ombudsman Jesus Crispin “Boying” Remulla on Friday, June 26, vowed to recover “ill-gotten wealth” hidden in the United States, saying the country should no longer serve as a safe haven for assets unlawfully acquired from the Philippines. “We are here to make sure the US is no longer a...
President Marcos’ chief economic manager said the proposed $60-million Millennium Challenge Corp. (MCC) threshold program is expected to secure United States (US) congressional approval by August, with the grant supporting the country’s reform efforts and opening the door to larger funding from...
The United States Department of Agriculture (USDA) has adjusted upward its rice import forecast for the Philippines to 5.20 million metric tons (MT) in the upcoming marketing year (MY), as it expects the country to post lower rice output than initially projected. In its Grain and Feeds report dated...
