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Title:
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Beijing fortifies ties with Indonesia as investment doubles
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Author:
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Bloomberg
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Source:
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Manila Standard
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Date:
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November 1, 2016
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Description:
- China’s investment in Indonesia has more than doubled since 2015 as President Joko Widodo’s five meetings with Xi Jinping in the past two years start to pay off.
Economic
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Title:
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Business leaders laud government for rekindling China trade relations
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Author:
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Manila Bulletin
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Source:
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Manila Bulletin
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Date:
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October 30, 2016
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Description:
- Business leaders are upbeat about the recently concluded presidential visit of President Rodrigo Duterte to China and lauds the government for actively re-engaging the second biggest economy in the world. The milestone visit happened on October 2016 19-21 in Beijing, China.
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Title:
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When business is not just business: The politics of investment promises
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Author:
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Dindo Manhit
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Source:
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The Philippine Star
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Date:
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October 28, 2016
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Description:
- While it is tempting to read recent events in the Philippines as being solely influenced by the president’s personal sentiments and as designed by his foreign affairs team, the benefits of a bilateral relationship are the product of dynamics within two countrie
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Title:
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Palace: Deals with allegedly dubious Chinese firms not yet final
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Author:
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Agence France-Presse
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Source:
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ABS-CBN News
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Date:
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October 28, 2016
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Description:
- MANILA – The Palace on Friday stressed that the investment pledges bagged by the Philippines from several Chinese firms during President Rodrigo Duterte’s state visit to China are not yet set in stone.
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Title:
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The Philippines got less
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Author:
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Tony Lopez
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Source:
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Manila Standard
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Date:
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October 28, 2016
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Description:
- President Duterte’s four-day (Oct. 18 to 21) state visit to China generated $24 billion worth of investments ($15 billion) and credit facilities ($9 billion), said Malacañang.
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Title:
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Just memos, contract, with Chinese firm, says BCDA
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Author:
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Nikko Dizon, Tarra Quismundo
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Source:
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Inquirer.net
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Date:
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October 27, 2016
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Description:
- No contracts, just memorandums of understanding (MOUs) with Chinese companies for feasibility studies, said the Bases Conversion and Development Authority (BCDA) chief, as a senator called on Malacañang to investigate how Chinese firms with tainted track records were tapped for major Philippine infrastructure projects during President Duterte’s state visit to China.
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Title:
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Chinese arrivals fell 20% in August on South China Sea ruling
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Author:
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Ma. Stella F. Arnaldo
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Source:
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Business Mirror
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Date:
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October 26, 2016
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Description:
- THE Philippines smarted from a slowdown in visitor arrivals in August 2016, as tourists retreated from the country’s crappy monsoon weather.
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Title:
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Getting prepared for Chinese investment
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Author:
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Mike Wootton
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Source:
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The Manila Times
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Date:
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October 26, 2016
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Description:
- I went to Puerto Princesa last Sunday. Clearly it was a mistake to book with Cebu Pacific, the flight from Manila to Puerto Princesa took off over three hours late and the return trip took off two hours late, chaotic. I should have known better this so often happens with Cebu Pacific. On a more positive note, I was pleased to see improvements in the security process at Terminal 3.
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Title:
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Chinese company banned by World Bank bags PH infrastructure project
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Author:
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Nikko Dizon
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Source:
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Inquirer.net
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Date:
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October 26, 2016
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Description:
- A Chinese construction firm banned by the World Bank and a dredging firm that Beijing reportedly used for reclamation activities in the disputed Spratly Islands were among the companies that bagged big-ticket infrastructure projects in the Philippines during the recent state visit of President Duterte to China.
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Title:
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Japan Will Give The Philippines More Aid Than China
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Author:
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Ralph Jennings
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Source:
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Forbes
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Date:
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October 26, 2017
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Description:
- Philippine President Rodrigo Duterte is on a diplomacy roll and maybe a bank roll too. During his trip last week to China, the source of a tense maritime sovereignty dispute, the 71-year-old newcomer to his country's national politics agreed to economic deals worth $24 billion and some expect that stack to grow. The sum covers $9 billion in soft loans and $15 billion in economic deals. Agreements involving Chinese companies will help develop energy, mines, ports and railways in the Philippines.
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Title:
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HSBC: renminbi to be major trading currency in PH
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Author:
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Philippine Daily Inquirer
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Source:
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Inquirer.net
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Date:
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October 26, 2016
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Description:
- British banking giant HSBC sees the Chinese renminbi (RMB) – recently declared by the Bangko Sentral ng Pilipinas (BSP) eligible to form part of the country’s foreign currency reserves – turning into a major trading currency in the Philippines in the next five years.
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Title:
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'Shady track records' hound PH-China infra firms
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Author:
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Chrisee Dela Paz
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Source:
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Rappler
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Date:
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October 26, 2016
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Description:
- MANILA, Philippines (UPDATED) – Various camps have raised concerns whether due diligence was observed in big-ticket infrastructure deals that the Philippines announced in China. It turned out some of the agreements signed went to a firm that was involved in a string of accidents in Vietnam, and another construction firm that was banned by multilateral lender World Bank.
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Title:
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Makati Business Club: Yes to strong China ties, but maintain US alliance
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Author:
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Rappler.com
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Source:
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Rappler
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Date:
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October 25, 2016
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Description:
- MANILA, Philippines – The Makati Business Club (MBC), which counts the country's largest conglomerates as members, supports President Rodrigo Duterte's new policy of opening up to China.
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Title:
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Infographic: Signed cooperation agreements between Philippines and China
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Author:
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Text by Patricia Lourdes Viray; Infographic by Jonathan Asuncion
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Source:
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The Philippine Star
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Date:
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October 24, 2016
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Description:
- MANILA, Philippines — The Republic of the Philippines and the People's Republic of China signed various agreements and Memoranda of Understanding (MOU) during President Rodrigo Duterte's four-day state visit to Beijing from October 18 to 21.
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Title:
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Senators want $24-B aid from China reviewed
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Author:
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Paolo Romero
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Source:
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The Philippine Star
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Date:
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October 24, 2016
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Description:
- MANILA, Philippines – Senators from the Liberal Party (LP) want the Senate to review the deals with China entered into by President Duterte, including the billions of dollars in aid to be extended by China and the joint coast guard cooperation activities in the disputed West Philippine Sea.
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Title:
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With China ties, DOT expects 1M more tourists
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Author:
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Mary Grace Padin
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Source:
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The Philippine Star
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Date:
-
October 23, 2016
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Description:
- BEIJING – The Department of Tourism (DOT) expects the Philippines to likely exceed its growth target of one million tourist arrivals next year given improving ties between the two countries.
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Title:
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temized list of PH projects covered by China’s $15-B investment pledges to Duterte
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Author:
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Amy R. Remo
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Source:
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Philippine Daily Inquirer
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Date:
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October 23, 2016
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Description:
- The $24-billion investment and credit line pledges that the Philippine government secured from China earlier this week were a display of “greater confidence” in the future economic relationship of the two countries, according to Trade Secretary Ramon Lopez.
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Title:
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Philippines, China sign $24-B deals
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Author:
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Alexis Romero and Richmond Mercurio
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Source:
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The Philippine Star
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Date:
-
October 22, 2016
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Description:
- MANILA, Philippines - The Philippines has garnered $24 billion worth of investment and financing agreements in one of the most controversial and lucrative state visits of a Filipino leader in recent history.
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Title:
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China lifts travel advisory vs PH
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Author:
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Pia Ranada
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Source:
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Rappler
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Date:
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October 20, 2016
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Description:
- BEIJING, China – China lifted its travel advisory cautioning its citizens traveling to the Philippines in a bid to improve bilateral ties between the two countries.
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Title:
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Bank of China agrees $3 bln credit facility for Philippines infrastructure - secretary Lopez
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Author:
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Reuters
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Source:
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Reuters
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Date:
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October 19, 2016
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Description:
- Oct 19 Bank of China has agreed to provide a $3-billion credit facility for infrastructure investments in the Philippines, Dept of Trade and Industry Secretary Ramon Lopez told reporters in Beijing on Wednesday.