ZURICH (AP) — The U.S. push to quickly begin high-stakes talks with Iran hit a snag just two days after the signing of an agreement that opens a 60-day window to negotiate a permanent understanding about Iran’s nuclear program while getting oil traffic moving through the Strait of Hormuz back...
WASHINGTON (AP) — President Donald Trump signed an agreement with Iran on Wednesday that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country , immediately allowing Iran to sell its oil freely in a major concession from...
The Philippines welcomed the peace agreement reached between the United States and Iran, expressing hope that the deal would pave the way for a permanent end to hostilities and contribute to long-term regional stability. In a statement issued on Wednesday, June 17, the Department of Foreign Affairs...
The DNA Analysis Laboratory of the Natural Sciences Research Institute (NSRI) at the University of the Philippines (UP) Diliman and Manila HealthTek Inc. have signed a commercial licensing agreement for the production of a locally developed sexual assault investigation kit designed to support the...
Asialink Finance Corp. (AFC) has secured a ₱500 million sustainability-linked social facility from Taiwan-based Cathay United Bank (CUB), expanding financing to micro, small, and medium enterprises (MSMEs) in rural areas, unbanked individuals, and women-owned enterprises across the country. This...
State-run Maharlika Investment Corp. (MIC) has extended up to ₱15 billion in short-term financing to Ramon S. Ang-led Petron Corp., the country’s lone remaining oil refinery, to boost the firm’s working capital for fuel purchases. In a statement on Thursday, May 14, the country’s sovereign...
To accelerate the country’s progress toward upper middle-income status, the Philippine government has secured roughly ₱82.4 billion (221.7 billion Japanese yen) in financing from the Japan International Cooperation Agency (JICA) for two landmark infrastructure projects. Finance Secretary...
The Philippine National Police (PNP) said Sunday, March 15, that it has stepped up its campaign against street-level crimes to make communities safer and ensure faster action against offenders. Police General Jose Melencio C. Nartatez Jr., PNP Chief, cited the swift arrest of two suspects in the...
The Armed Forces of the Philippines (AFP) on Wednesday, Dec. 10, warned groups and individuals pushing for a “transition government” or a “withdrawal of support” from the current administration that such narratives, regardless of how they are worded, may amount to promoting an...
Senate Majority Leader Juan Miguel “Migz” Zubiri disclosed on Thursday, Oct. 16, that Hungary 's $33-million (P1.9 billion) loan agreement with the Philippines is set to be finalized to fund major water treatment and desalination projects aimed at improving access to clean water and...
The South Korean Embassy in the Philippines maintained that despite the suspension of a feasibility study on a possible loan deal with the country, Manila remains to be “one of Korea 's most valued partners.” “Despite current circumstances, the Philippines remains one of Korea 's...
The Department of Foreign Affairs (DFA) said that it will clarify with the South Korean Embassy in Manila a Facebook post by South Korean President Lee Jae-myung that it is cancelling the implementation of a 700-billion won (P28.7 billion) infrastructure loan to the Philippines because of...