By Kyle Aristophere T. Atienza, Reporter PHILIPPINE PRESIDENT Ferdinand Marcos, Jr. on Thursday maintained that his administration would not choose sides between China and the United States amid their strategic competition in the Asia-Pacific region, reiterating that he is prioritizing his country’s national interest. At the same time, Mr. Marcos cited a need to continuously […]
Tag: situation
German companies signal improved business sentiment
GERMAN companies are expecting their prospects to improve, according to the results of a global survey released by the German-Philippine Chamber of Commerce and Industry (GPCCI). The GPCCI said the World Business Outlook report for Fall 2022 released on Wednesday found that 53% of participants expect the situation to improve for their companies, higher than […]
UN told to pressure Philippines on media deaths
By John Victor D. Ordoñez, Reporter THE UNITED Nations (UN) Human Rights Council should put pressure on the Philippines to do something about recent journalist killings in the country, especially after its prison chief was implicated in one case, political analysts said at the weekend. “These rampant killings of media practitioners tell the international community […]
UN fails to pass decree on Philippine human rights
THE UNITED Nations Human Rights Council dealt victims of human rights violations in the Philippines a serious blow by failing to pass a resolution that would ensure continued scrutiny of the country’s rights situation, Human Rights Watch said on Wednesday. “The council will end its 51st session in Geneva on Oct. 7 without taking action […]
PAL, CEB ‘monitoring’ Taiwan airspace closure note
By Arjay L. Balinbin, Senior Reporter FLAG carrier Philippine Airlines, Inc. (PAL) and budget carrier Cebu Pacific (CEB) said on Thursday that they are closely monitoring the situation in Taiwan after its announcement of an airspace closure from Aug. 4 to 7. “We are closely monitoring the situation in Taiwan. We have received the notice […]
Axelum profit climbs 25%
AXELUM Resources Corp. reported that its first-quarter net income grew 25% to P181.93 million from P145.6 million despite logistics issues due to the pandemic. “We continue to service increasing requirements of our customers despite major shipping issues, particularly irregular port calls, delayed container turnover, limited cargo space and international port congestion,” President and Chief Operating […]
NEC Group Response to the Situation in Ukraine
TOKYO, Mar 22, 2022 – (JCN Newswire via SEAPRWire.com) – The NEC Group would like to express our sympathies to all who are impacted by the tragic situation in Ukraine, and our thoughts are especially with the family of NEC group employees who call that region home. We sincerely hope that peaceful, safe and secure […]
To ease work-from-home stress, set boundaries
COMMON mental health–related issues that families run into at home are stress from interactions, lack of privacy, and inability to bond despite being in a shared environment due to busy schedules, according to counselors at the German-Philippine Chamber of Commerce and Industry’s webinar on dealing with the effects of the pandemic on family. “There’s different […]
Napocor to extend power supply agreement with Mindoro electric co-op until end of 2021
THE NATIONAL Power Corp. (Napocor) said Monday that it will extend its power supply agreement (PSA) with Occidental Mindoro Electric Cooperative, Inc. (Omeco) until the end of the year, and provide funds to the power distributor as it awaits the completion of a power procurement auction. “We will also heed their request that our leased […]
Stocks may drop as PHL logs record virus cases
STOCKS may decline this week as investors remain cautious and monitor the coronavirus disease 2019 (COVID-19) situation after the country logged record cases. The Philippine Stock Exchange index (PSEi) shed 85.29 points or 1.26% to close at 6,633.22 on Friday, while the broader all shares index went down by 17.91 points or 0.43% to end […]
Market to monitor GDP data, COVID-19 situation
INVESTORS are expected to continue monitoring the country’s coronavirus disease 2019 (COVID-19) situation, with several areas under the strictest form of lockdown due to rising cases, as well as the release of second quarter gross domestic product (GDP) data on Tuesday. The 30-member Philippine Stock Exchange index (PSEi) inched down by 7.36 points or 0.11% […]
Philippines keeps ban on worker deployment to Israel despite truce
A PHILIPPINE ban on worker deployment to Israel stands despite a ceasefire between the Middle Eastern country and Hamas, according to the Labor department. Local authorities would keep watching the geopolitical situation in Israel and Gaza before sending more workers, Labor Secretary Silvestre H. Bello III told an online news briefing on Wednesday. “If the […]
Philippine Labor Force Situation (March 2021)
THE COUNTRY’S jobless rate in March fell to its lowest level since the start of the coronavirus pandemic, the Philippine Statistics Authority (PSA) reported on Thursday. Read the full story.
Myanmar , urgent need to restore stability
On February 1, the Myanmar military launched a coup d’etat, which plunged Myanmar into political, social, and economic turmoil. Since then, the people have launched large-scale public demonstrations, and strikes by public officials and employees in the public and private sectors have spread to most cities and even remote rural areas. Most areas in Myanmar […]