THE PHILIPPINES could generate about 500,000 jobs after getting an investment commitment from Grab Holdings, Inc., according to the presidential palace. President Ferdinand R. Marcos, Jr. met with Grab officials on Thursday to discuss the company’s recommendations on how to modernize Philippine transportation, the Presidential Communications Office (PCO) said in a statement. During the meeting, […]
Tag: philippines
Russian House returns after 2-year hiatus
THE Russian Filipino Combat Systems (RFCS) in the Philippines returned to Cebu this year for the 11th International Filipino Martial Arts (FMA) and Silat Training Camp after two years of shelving due to the Covid-19 pandemic. The Russian House 2023 was in collaboration with the Department of Tourism Central Visayas, geared towards gaining a better […]
Philippines urged to hold joint patrols to keep China at bay
By Alyssa Nicole O. Tan, Reporter A SECURITY expert on Monday accused China of trying to co-opt top Philippine politicians and business leaders to boost its maritime interests, calling for increased cooperation with the US and Australia to deflect the strategy. Chinese operation is all about propaganda and influencing leadership, Rommel Jude G. Ong, a […]
Smart Digital Retail Philippines Moving to Another Date
MANILA, Jan 31, 2023 – (ACN Newswire via SEAPRWire.com) – Smart Digital Retail Philippines would like to extend the opportunity for sponsors, attendees and partners to join the biggest event in the Philippine retail ecosystem. Hence, we made a decision to move the event to April 13, 2023. The event will take place at the […]
Editorial: ‘Unpatriotic’ Filipino nurses
The Philippines had a shortage of 106,000 nurses and other healthcare workers as of October 2022, according to the Department of Health’s report. This lack of manpower in the health sector cannot be solved by pleading to the Filipino nurses not to go abroad right away and serve their home country first. Filipino nurses have […]
ECCP: PHL to attract ‘billions’ after easing investment caps
THE European Chamber of Commerce of the Philippines (ECCP) is expecting the Philippines to attract “billions” worth of investments after various industries were cleared to receive up to 100% foreign ownership. ECCP President Lars Wittig said at a launch of event in Makati City on Thursday that the group is expecting “billions of dollars” worth of […]
Slain labor activist’s wife appeals dismissal of murder raps vs cops
THE WIFE of slain labor activist Emmanuel Asuncion has asked the Department of Justice (DoJ) to reconsider its decision clearing 17 cops linked to the murder of her husband during a series of police raids in March 2021 where nine activists died. In her appeal filed on Thursday, Liezel Asuncion said the police officers involved […]
Journalists still in danger of being killed, harassed under Marcos gov’t, says CPJ
By John Victor D. Ordoñez, Reporter FILIPINO journalists remained at risk of getting killed and harassed under the government of President Ferdinand R. Marcos, Jr., according to the New York-based Committee to Protect Journalists (CPJ). “All four of the murders in the Philippines were of radio journalists covering local politics, highlighting the dangers faced by […]
Landbank, Israel Embassy explore partnership to boost PH development
TO FURTHER strengthen bilateral relations between the Philippines and Israel, the Land Bank of the Philippines (Landbank) and the Israel Embassy explored possible areas of collaboration to advance economic development in the country. Israeli Ambassador to the Philippines Ilan Fluss and Landbank president and chief executive officer Cecilia Borromeo in a meeting discussed Israel’s modern […]
Glencore interested in expanding PHL in-country mineral processing
SWISS multinational Glencore plc is hoping to support Philippine plans to expand in-country mineral processing, Trade Assistant Secretary Glenn G. Peñaranda said. In a briefing on Monday, Mr. Peñaranda said: “Glencore is involved in the processing of our minerals. This is important because we are fortunate that the Philippines has a lot of minerals like […]
House panel to call in importers after 2 alleged smugglers flee to China
TWO PERSONALITIES involved in the importation business and suspected to be complicit in smuggling operations have fled to China, according to a lawmaker, as a House panel approved on Monday a proposal to call in 10 others who may have knowledge on the illegal operations. “I was informed that two of the (personalities) have already […]
PHL-Israel trade not seen sufficiently developed to warrant FTA
THE PHILIPPINES and Israel have not yet reached the point in their trade relationship that warrants a free trade agreement (FTA), Ilan Fluss, Israel’s ambassador to the Philippines, said. “(An FTA is) always interesting, but you need to have a certain level of trade between the countries in a variety of areas to make it […]
Philippines, US in talks on holding ‘2-plus-2 meeting’ -envoy
MANILA – The Philippines and the United States are in talks about holding a “2-plus-2 meeting” of top diplomatic and defense officials as early as March, the Philippine ambassador to Washington said on Friday. In a text message, Jose Manuel Romualdez confirmed a Nikkei report citing sources on the discussions about holding the first such talks in seven […]
US CHIPS law not expected to rule out foreign production
THE head of the US Semiconductor Industry Association (SIA) is exploring the Philippines as a hub, noting that a recent US law encouraging tech companies to re-shore their operations will not rule out overseas production. SIA President John Neuffer met with Board of Investments (BoI) Managing Head Ceferino S. Rodolfo on Jan. 16 to discuss […]
It’s GoTyme: Mambu enables Tyme Group to ‘lift and shift’ South African TymeBank digital banking concept into Asia
SINGAPORE, January 17, 2023 – (SEAPRWire) – Newly launched Filipino digital bank GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve access to high-quality financial services for Filipinos. Singapore-based Tyme Group, which has partnered with Gokongwei Group to launch GoTyme Bank in the Philippines, has had […]
Low-cost housing industry grapples with issues of affordability, efficiency
THE bottom line in providing low-cost housing is affordability, with Habitat for Humanity Philippines citing the wide gap between the pricing of affordable units and what the typical buyer can afford. “The national and local governments, private, non-governmental organizations and contractors (must collaborate)” to produce an outcome where, “instead of one family covering the P855,000 […]
Philippines’ DFA calls out Ukraine envoy for bad diplomatic practice
THE PHILIPPINES on Thursday called out a Ukraine envoy for telling Filipino journalists that Manila had not responded to Kyiv’s request for a phone call between President Volodymyr Zelensky and Philippine President Ferdinand R. Marcos, Jr. What Denys Mykhailiuk, counselor of the Ukraine Embassy in Malaysia, did recently was “not good diplomatic practice,” Philippines’ Foreign […]
Extension of low tariff scheme seen encouraging more UK pork shipments
THE volume of pork shipped in from the UK will likely increase with the extension of a low-tariff scheme designed to contain inflation, the British Chamber of Commerce of the Philippines (BCCP) said. “We anticipate further growth in our pork exports in 2023, although the base is now higher, and therefore the growth rate may […]
South Korea provides $1.28-M fund for 5 PHL projects under BIMP-EAGA support program
SOUTH KOREA will fund five projects worth $1.28 million (P70.58 million) in southern Philippines under a program that supports development within the special economic grouping covering Brunei Darussalam, Indonesia, Malaysia, the Philippines. The Mindanao Development Authority (MinDA), in a statement on Friday, said the five projects are among the 10 approved under the four-country East […]
Analysts wary of Philippine deals with China
By Kyle Aristophere T. Atienza, Reporter THE PHILIPPINES and China inked 14 bilateral agreements covering infrastructure, agriculture, trade, and tourism, among others, during President Ferdinand R. Marcos, Jr.’s meeting with Chinese President Xi Jinping on Wednesday. But the implications of these bilateral deals should be studied carefully given the Philippines’ ongoing sea dispute with China […]