Philippine economic growth in 2026 would have hit the government’s downgraded target range had the war in the Middle East been short-lived, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). However, the Bangkok-headquartered UNESCAP said a...
BEIJING, China — The Asia-Pacific Economic Cooperation (APEC) Summit this year is expected to help settle differences between the economic powerhouses of China and the United States (US), as the regional bloc works to affirm an open trade policy, according to China National Committee for Pacific...
The United States (US) and the Philippines are planning to establish a 4,000-acre, or a nearly 1,619-hectare (ha), industrial hub in Luzon aimed at strengthening supply chains for critical inputs, according to the US Department of State. In an April 16 fact sheet, the US State Department said the...
DAVAO CITY – The Davao City government strongly opposed any proposal to construct United States military infrastructure within its jurisdiction, warning that such plans would meet resistance. In a statement released on Tuesday, April 14, City Information Office head Harvey Lanticse said the local...
The Philippine government has pushed back against a United States (US) probe, asserting that its labor and trade policies neither enable forced labor nor disadvantage American businesses. In an April 14 position paper seen by Manila Bulletin, Department of Trade and Industry (DTI) Undersecretary...
Flag carrier Philippine Airlines (PAL) is reinforcing its presence in the United States (US) by opening new flight routes from San Francisco and Seattle through an expanded codeshare agreement with American Airlines. PAL will be connecting Filipinos to more US destinations after its request to...
ACT Teachers Party-list Rep. Antonio Tinio is worried over the possibly of Mindanao turning into a "platform for war" for the United States (US). This, as Tinio denounced reports that the US has opened bidding for a Defense Fuel Support Point (DFSP)—a planned military oil depot with 977,000...
The Philippines is expected to benefit from agricultural programs worth up to $35 million from the United States (US) after being identified as one of the priority countries for this year’s Food for Progress (FFPr) program, marking the first time in seven years. In an April 9 notice, the US...
The Armed Forces of the Philippines (AFP) clarified on Friday, April 10, that the proposed establishment of fuel storage facilities in Mindanao will remain under Philippine ownership and control. AFP spokesperson for the West Philippine Sea (WPS), Rear Adm. Roy Vincent Trinidad said the projects...
The ceasefire-driven rally of Asian currencies, including the Philippine peso, may be short-lived as global oil risks linger, according to Singapore-based Oversea-Chinese Banking Corp. Ltd. (OCBC). In an April 9 report, OCBC Group Research foreign exchange (FX) strategists Sim Moh Siong and...
A remote village in Davao del Norte will soon have an evacuation-ready multi-purpose building after the Armed Forces of the Philippines (AFP) and United States military broke ground on the project on Monday, April 6, as part of the “Exercise Balikatan.” The facility, which will rise in Barangay...
Rising input costs driven by the conflict in the Middle East may impact the United States’ (US) dominance in shipments of major agricultural products to the Philippines, according to the US Department of Agriculture (USDA). In a report, the USDA identified surging input costs, on the back of...
