By Baek Byung-yeul As the APEC meetings started with the opening of APEC week on Monday, the host city of Gyeongju — once the capital of the ancient Silla Kingdom (57 B.C.-935 A.D.) — unveiled its transformation into an after-hours masterpiece through illumination and multimedia art. By...
SEOUL, South Korea (AP) — South Korea this week will host leaders from major Pacific Rim economies, including the United States, China and Japan, for an annual summit that has long championed free trade. But this year’s Asia-Pacific Economic Cooperation meetings come as U.S. President Donald...
The current allegations of corruption in the government’s infrastructure projects will not impact the opportunities for investment that President Marcos might attract by attending the 32nd Asia Pacific Economic Cooperation (APEC) Leaders’ Meeting in Gyeongju, South Korea this week. Department...
SEOUL, South Korea (AP) — South Korea’s new president will host leaders from 20 countries for the upcoming Asia-Pacific Economic Cooperation summit, where the American and Chinese leaders are set to hold a high-stakes meeting on the sidelines. The two-day annual APEC summit, which opens in...
President Marcos is set to meet leaders of the Asia Pacific Economic Cooperation (APEC) this week with his scheduled attendance at the 32nd APEC Leaders’ Meeting in Gyeongju, South Korea. During a Palace briefing on Tuesday, Oct. 28, Department of Foreign Affairs (DFA) spokesperson Angelica...
Top business executives across the Asia-Pacific are urging regional leaders to reaffirm their commitment to free trade amid escalating trade tensions and global uncertainties. The APEC Business Advisory Council (ABAC), which provides the private sector’s perspective on matters concerning the...
The Department of Labor and Employment (DOLE) highlighted the Philippines’ steady employment gains and ongoing workforce transformation during the 7th Asia-Pacific Economic Cooperation (APEC) Human Resources Development Ministerial Meeting (HRDMM) in South Korea. DOLE Undersecretary Carmela I....
The Philippines remains firm in promoting a rules-based multilateral trading system amid recent upheavals in global trade, such as the United States’ (US) new tariff policy, according to Department of Trade and Industry (DTI) Secretary Cristina Roque. Roque served as the country’s delegate at...
The Department of Trade and Industry (DTI) is looking to partner with American technology giant Google to pursue investments aimed at enhancing the country’s digital infrastructure and capabilities. Trade Secretary Cristina Roque met with top officials of Google last week on the sidelines of the...
Trade chiefs of the 21 member economies of the Asia-Pacific Economic Cooperation (APEC) issued a joint statement calling for strategic reforms in international trade as the region grapples with uncertainties driven by two of its members: China and the United States (US). In a statement issued after...
Economic growth across the Asia-Pacific Economic Cooperation (APEC) region is expected to decelerate sharply in 2025, falling to 2.6 percent from 3.6 percent last year. Intensifying trade tensions and growing policy uncertainty are eroding business confidence and stifling investment in the region,...
The member economies of the Asia-Pacific Economic Cooperation (APEC), including the Philippines, have expressed support for a global measure that provides benchmarks to boost the investment and business climate of its members. In a statement, APEC is calling for the integration of the investment...
