Economic

Title:

 Bilateral talks set on $24-B China economic pledge to PH

Author:

Bernie Cahiles-Magkilat

Source:

Manila Bulletin

Date:

September 8, 2017

Description:

The Philippines and China will conduct a follow-up meeting this week on the long list of projects and investments worth $24 billion committed by the Chinese government to the Duterte administration. Trade and Industry Secretary Ramon M. Lopez said he will hold bilateral meeting with his Chinese counterpart as one of his sideline meetings on the occasion of the ongoing 49th ASEAN Economic Ministers’ Meeting and Related Meetings here. The 5-day AEM kicked off Thursday at the Marriott Hotel, and will end on Monday, Sept. 11.

Tags: Chinese Investments in PH, Philippines-China Relations, Ramon M. Lopez, 49th ASEAN Economic Ministers’ Meeting

Title:

 Asean economic ministers set to push for RCEP trade pact involving Asean and six other states

Author:

Raul Dancel

Source:

Straits Times

Date:

September 6, 2017

Description:

MANILA - South-east Asia's economic ministers are set to endorse this week the Regional Comprehensive Economic Partnership (RCEP) and call on other nations involved in the trade deal to settle persistent differences over tariffs and other conditions. "We are all in agreement to have a significant progress in RCEP discussions," Philippine Trade Secretary Ramon Lopez told reporters on Wednesday (Sept 9).

Tags: RCEP

Title:

  MVP: Oil, gas exploration in SCS could resume soon

Author:

Helen Flores and Danessa Rivera

Source:

The Philippine Star

Date:

August 6, 2017

Description:

MANILA, Philippines - Oil and gas exploration in the disputed South China Sea by PXP Energy Corp. could resume soon, owing to the “more open and friendlier” relations between the Philippines and China, according to company chairman Manuel V. Pangilinan. “I can just describe the general context under which we can move forward and the environment looks pretty positive,” Pangilinan told reporters after attending the “ASEAN at 50: The Way Forward” forum in Makati City yesterday

Tags: South China Sea, Philippines-China Relations, West Philippine Sea, Joint Exploration

Title:

 Apec miracle: how the US and China can look beyond TPP and RCEP for Asia-Pacific trade harmony

Author:

Zha Daojiong

Source:

South China Morning Post

Date:

August 6, 2017

Description:

As diplomats and negotiators quicken their pace to put together the ­annual gathering of heads of state under the Asia-Pacific Economic Cooperation framework, one question is inevitable: can the meeting this year deliver progress on rules for region-wide trade and investment?

Tags: Commentary, Free Trade, TPP, RCEP

Title:

 Demand for Filipino workers increases in Beijing, Shanghai as China-Philippines ties improve

Author:

Noel Tarrazona

Source:

International Business Times

Date:

July 31, 2017 

Description:

With the strengthening of diplomatic relations between China and the Philippines, the Asian giant is now considering hiring Filipino household service workers (HSWs) and plans to offer an attractive salary worth USD 2,000 a month. The announcement was made by the Department of Labor of Employment (DOLE) who informed Philippine media that Chinese embassy representatives visited the DOLE office to discuss future arrangements to open job opportunities for HSWs.

Tags: OFWs, Philippines-China Relations, Duterte Foreign Policy

Title:

 China energy investors show interest in Philippine market

Author:

Noel Tarrazona

Source:

International Business Times

Date:

July 29, 2017 

Description:

The Philippines' Department of Trade and Industry (DTI) announced that a China-based business group has manifested interest in investing in the energy sector in the Philippines. The Wenzhou Chamber of Commerce representatives have acquired updates on the Philippine investment atmosphere and planned for the possible business partnerships with local investors.

Tags: Chinese Investments in PH, Philippines-China Relations, Trade and Investments

Title:

 Philippines’ Duterte will keep close ties with China

Author:

Xue Li

Source:

Global Times

Date:

July 19, 2017

Description:

After taking power in June 2016, Philippine President Rodrigo Duterte quickly adjusted his country's strategy toward China, normalizing relations and warming up bilateral economic ties within a very short period of time. In just one year, the Philippines has reversed its marginalized position on the road map for China's Belt and Road initiative. From past experience, many Chinese scholars worry that Duterte's current China policy may change again and thus disapprove of spending too many strategic resources on the country.

Tags: Commentary, Philippines-China Relations, Duterte Foreign Policy

Title:

 AIIB receives highest credit rating from Fitch

Author:

Wu Xiaobo

Source:

China Daily

Date:

July 17, 2017

Description:

Global credit rating agency Fitch Ratings announced last Thursday it has assigned the Asian Infrastructure Investment Bank its highest possible rating - AAA with a stable outlook.

Tags: News, AIIB

Title:

 PH eyes bilateral FTA with US

Author:

Bernie Cahiles-Magkilat

Source:

Manila Bulletin

Date:

July 17, 2017

Description:

After going through the failed proposal for sectoral free trade agreement (FTA) with the US and other forms of useless exercise to further open up access for Philippine goods in the world’s largest market, the Philippines is now eyeing the possibility of forging a comprehensive bilateral FTA with the US.

Tags: News, Philippines-US Relations, PH-US FTA

Title:

 Energy department awaits go-ahead on oil drilling in West Philippine Sea Read more: http://globalnation.inquirer.net/158794/energy-department-awaits-go-ahead-oil-drilling-west-philippine-sea#ixzz4o5kDqgqJ Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

Author:

Ronnel W. Domingo

Source:

Inquirer.net

Date:

July 14, 2017

Description:

The Department of Energy (DOE) is ready to resume drilling for oil and natural gas on Recto Bank in the West Philippine Sea, but when work will restart is up to the Department of Foreign Affairs (DFA), which suspended the exploration in 2014 as the Philippines pursued international arbitration to resolve a territorial dispute with China.

Tags: News, Economic, Oil and gas