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MANILA, Philippines — The Philippines, United States, Australia and Japan will hold joint naval and air operations in the disputed South China Sea on Sunday, their defense chiefs said in a statement, as they seek to counter China's growing assertiveness in the region.
MANILA, Philippines — The Metropolitan Waterworks and Sewerage System has decreased water pressure for the National Capital Region (NCR) amid the continued decline in the elevation of Angat Dam as its level reached 197.58 meters, MWSS officials said yesterday.
Finance Secretary Ralph G. Recto has assured the public that the government is intensifying targeted actions to further protect the purchasing power of Filipinos from the effects of El Niño and La Niña on food and energy supplies.
Maynilad Water Services [link], a subsidiary of Metro Pacific Investments (MPI) and an affiliate of DMCI Holdings [DMC 12.30, up 0.2%], disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June. According to Maynilad, this offering is “the first PHP-denominated fixed-rate Blue Bond to be registered with the SEC”. Blue Bonds are functionally the same as regular bonds, except that the proceeds may only be used on projects that “substantially contribute” to objectives under the United Nations Sustainable Development Goals, like a reduction in greenhouse gas emissions, water savings, reduced waste, or wastewater treatment.
BACOLOD CITY, Philippines — Damage to agriculture in Western Visayas due to El Niño has increased to P770.5 million as of April 1, according to the Office of Civil Defense.
MANILA, Philippines —The Philippines’ upcoming joint annual Balikatan military exercises with the United States – this time also with France – will showcase the new archipelagic defense concept of the Marcos administration, according to the military.
MANILA: The Philippines will hold joint naval drills with the United States, Japan and Australia, two diplomatic sources told AFP Thursday, as the four countries deepen military ties to counter China's expanding influence in the Asia-Pacific region.The exercise will be held Sunday in the disputed South China Sea -- which Beijing claims almost entirely -- days before US President Joe Biden is due to hold the first trilateral summit with the leaders of the Philippines and Japan.
MANILA, Philippines — The Department of Environment and Natural Resources (DENR) yesterday warned of possible water rationing if residents, particularly in Metro Manila, will not practice conservation measures amid the impact of the El Niño phenomenon and the dry season.