MANILA, Philippines — The Philippines’ inflation rate eased further in November to its lowest level in 20 months, due to slower increases in food prices, according to the Philippine Statistics Authority (PSA).
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The Commission of Appointments has confirmed the ad interim appointment of Secretary Francisco P. Tiu Laurel Jr. as Secretary of Agriculture on December 5.
MANILA, Philippines — The "Q3 2023 Global Risk Survey" by Oxford Economics confirms geopolitical tensions related to Taiwan, Korea and Russia-NATO are now believed to pose the greatest risk to the global economy and banking system in the near and medium term1.
MANILA: Philippine President Ferdinand Marcos Jr met with Chinese President Xi Jinping on Friday, seeking ways to come up with ways to reduce tensions in the South China Sea and restore Filipino fishermen's access to fishing grounds. The Philippines and China need to continue to communicate, with the meeting a key part of the process to maintain peace, and keep open sea lanes and airways over the South China Sea, Marcos told reporters on the sidelines of the Apec Summit in San Francisco.
For Senator Alan Peter Cayetano, the country's strategy on the West Philippine Sea (WPS) must be tied to economic development, saying this is the edge of China and even smaller countries like Vietnam.