Trade was the main beneficiary of the improved bilateral relations between the Philippines and China as merchandise exports picked up in the first quarter.
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Espenilla acclaimed as new Bangko Sentral chief
Bangko Sentral ng Pilipinas (BSP) Deputy Governor Nestor Espenilla Jr.’s appointment as next central bank chief would benefit not only the banking sector but the entire economy as well, a senior economist of ING Bank Manila said.
Read More »China to work with Asean to implement code of conduct
China is willing to work with members of the Association of Southeast Asian Nations (Asean) to fully implement the Declaration on the Conduct of Parties in the South China Sea (DOC), a Chinese Foreign Ministry spokesman has said.
Read More »ICTSI revenues up 12% to $297M in three months
International port operator International Container Terminal Services Inc. (ICTSI) reported unaudited consolidated financial results for the quarter ended March 31 posting revenue from port operations of $297.2 million, an increase of 12 percent over the $266.5 million reported for the same period last year.
Read More »Cimatu seeks concerted Asean action on ecology
Newly appointed Environment and Natural Resources Secretary Roy Cimatu is calling for Asean member-nations’ increasingly concerted action for environmental protection.
Read More »China paves modern Silk Road for Asian development
Around 2,000 years ago, merchants and caravans began moving east and west along the Silk Road, trading goods and technology. Now, a modern Silk Road, rekindling trade, attracting investment and sharing prosperity, is in the making.
Read More »Philippine products seen to benefit from BRI
Zhengzhou City—With the Belt & Road Initiative (BRI) serving as bridge, more ‘Made in the Philippines’ food products such as dried mangoes, banana chips and sugar-coated ‘pili’ nuts are expected to reach China’s market in the future.
Read More »UN chief hails forum on Asian infra buildup
Many of the problems plaguing today’s world boil down to sluggish development, and effective growth strategies are more than welcome for better global governance, say analysts.
Read More »Eagle sets IPO offer price at P15
Cement producer Eagle Cement Corp. which will be traded under the ticker symbol “Eagle”, has priced its initial public offering at P15 per share, following the recent approval of its public listing by the Philippine Stock Exchange (PSE).
Read More »The power of lobby money
We watched on TV last week the turn over ceremonies at the Department of Environment and Natural Resources (DENR) and couldn’t help but feel a twinge of regret at the loss of this fine woman for the country and for our environment.
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