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Title:
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PH not falling into ‘Chinese debt trap’ say key NEDA officials
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Author:
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Ben O. de Vera
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Source:
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Philippine Daily Inquirer
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Date:
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June 28, 2018
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Description:
- The Philippines is extra “careful” in borrowing from China to finance big-ticket projects even as three upcoming infrastructure ventures will be pitched for loans from the Chinese-led Asian Infrastructure Investment Bank, government economic managers said yesterday.
Economic
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Title:
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Chinese-led Bangon Marawi consortium disqualified due to fund shortage
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Author:
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Carmela Fonbuena
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Source:
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Rappler
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Date:
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June 27, 2018
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Description:
- The Chinese-led Bangon Marawi Consortium (BMC) tapped for the P17.2-billion rehabilitation of Marawi City was disqualified after failing to show financial capacity to complete the project.
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Title:
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Philippines readies $1bn samurai bond, the first in 8 years
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Author:
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HIDETAKE MIYAMOTO
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Source:
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Nikkei Asian Review
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Date:
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June 26, 2018
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Description:
- The Philippines plans to float $1 billion worth of yen-denominated bonds in August, the nation's finance secretary says, seeking to diversify sources of foreign funds and back President Rodrigo Duterte's massive infrastructure initiative.
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Title:
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Philippines, China, Vietnam should sign a common fishing agreement
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Author:
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Far Eastern Agriculture
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Source:
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Far Eastern Agriculture
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Date:
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June 20, 2018
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Description:
- In order to fairly deal with a transparent fishing practice, Philippines, China and Vietnam are considering to signing a common fishing agreement on Scarborough Shoal, located between the Macclesfield Bank and Luzon island in the South China Sea
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Title:
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China firm pulls out
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Author:
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Llanesca Panti
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Source:
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The Manila Times
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Date:
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June 19, 2018
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Description:
- A Chinese firm has withdrew from the Bangon Marawi Consortium — the panel composed of nine Filipino and Chinese companies that will undertake the rehabilitation work in the Islamic City of Marawi destroyed by the terrorist Maute group last year – because of legal impediments.
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Title:
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Philippines repositioning itself in ties with Taiwan: MECO official
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Author:
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Shih Hsiu-chuan
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Source:
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Focus Taiwan
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Date:
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June 17, 2018
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Description:
- The Philippines is positioning itself as Taiwan's "gateway" to Southeast Asia and hopes to spur two-way economic and educational exchanges with Taiwan, an official with the Manila Economic and Cultural Office in Taipei (MECO) said recently.
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Title:
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Philippines' Phoenix Petroleum, China's CNOOC partner for LNG terminal
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Author:
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Reuters Staff
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Source:
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Reuters
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Date:
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June 5, 2018
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Description:
- MANILA, June 5 (Reuters) - Philippine fuel retailer Phoenix Petroleum said it had agreed to partner with a subsidiary of state-owned China National Offshore Oil Corp (CNOOC) to explore building a receiving terminal for liquefied natural gas in the country.
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Title:
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De Lima: Probe 'influx of Chinese nationals' in Philippines
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Author:
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Rambo Talabong
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Source:
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Rappler
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Date:
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June 3, 2018
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Description:
- MANILA, Philippines – Detained Senator Leila de Lima filed a resolution urging the Senate to investigate the supposed "influx of Chinese nationals," both legal and illegal, in the Philippines.
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Title:
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Chinese businessmen flock to Duterte's Malacañang
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Author:
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Pia Ranada
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Source:
-
Rappler
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Date:
-
June 2, 2018
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Description:
- MANILA, Philippines – Of all foreign businessmen, it’s the Chinese who have been most successful in securing appointments with President Rodrigo Duterte in Malacañang.
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Title:
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Japan to help Philippines become regional manufacturing hub
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Author:
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Richmond Mercurio
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Source:
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Philippine Star
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Date:
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June 30, 2018
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Description:
- Japan is assisting the Philippines in becoming Southeast Asia’s manufacturing hub as part of the continued cooperation between the two nations.
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Title:
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Chinese firms in Marawi rehab once blacklisted by World Bank
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Author:
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Sofia Tomacruz
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Source:
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Rappler
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Date:
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May 14, 2018
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Description:
- These two Chinese firms are now part of the Bangon Marawi Consortium, a group of Chinese and Filipino companies tapped to rebuild areas hit by the Marawi siege.
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Title:
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ADB confident PHL can handle Chinese debt load
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Author:
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Elijah Joseph C. Tubayan
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Source:
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Business World
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Date:
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May 6, 2018
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Description:
- The Asian Development Bank (ADB) views the Philippines as capable of managing the risks of taking on significant amounts of foreign debt, amid warnings from the International Monetary Fund (IMF) that China is funding unsustainable projects in developing countries.
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Title:
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LIST: Tasks for China consortium in P17.2-B Marawi contract
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Author:
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Carmela Fonbuena
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Source:
-
Rappler
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Date:
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May 6, 2018
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Description:
- The government is poised to spend P17.2 billion to rehabilitate the former battle area in Marawi City. The groundbreaking ceremony is scheduled in June.
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Title:
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Philippines can benefit from possible US-China trade war — ADB exec
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Author:
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Czeriza Valencia
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Source:
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The Philippine Star
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Date:
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May 05, 2018
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Description:
- MANILA, Philippines — The Philippines can take advantage of a possible trade war between China and the US as it is in a good position to explore wider trade options with China, an official of the Asian Development Bank (ADB) said.
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Title:
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Chinese Money Triggers Dizzying Rally in Manila Property
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Author:
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Bloomberg
-
Source:
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Bloomberg
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Date:
-
May 4, 2018
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Description:
- In Manila’s main financial district and its fringes, signs of the new inhabitants are everywhere: the restaurants serving steaming Chinese hotpots and dumplings, the Mandarin broadcasts at the Mall of Asia, and the soaring property prices.
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Title:
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China – Global governance without hegemony
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Author:
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Pang Zhongying
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Source:
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Central Banking
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Date:
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May 4, 2018
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Description:
- As US power fades, says Pang Zhongying, IFF Academic Committee member, and dean of the Advanced Institute of Marine Development Studies, Ocean University of China, China can create a new non‑hegemonic model of global economic governance based on dialogue by ‘binding its hands and feet’ to allow others to trust its good intentions
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Title:
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Weak peso, Panda bond sale in China pushed PH debt to P6.879-T in Q1
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Author:
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Ben O. de Vera
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Source:
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Philippine Daily Inquirer
-
Date:
-
May 1, 2018
-
Description:
- Due to a weaker peso as well as the government’s issuance of debt paper in China in March, the national government’s outstanding debt increased to a fresh record high of P6.879 trillion at the end of the first quarter.
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Title:
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Duterte’s Singapore visit nets P9-B worth of investment
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Author:
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CNN Philippines Staff
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Source:
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CNN Philippines
-
Date:
-
April 28, 2018
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Description:
- Around $185.7 million, or approximately ₱9 billion, worth of investment agreements with Singaporean companies were signed on the sidelines of the Association of Southeast Asian Nations (ASEAN) Summit in Singapore Saturday.
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Title:
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DPWH, Chinese consultant, contractor sign contract of 2 China-aided bridge crossing Pasig River
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Author:
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DPWH
-
Source:
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DPWH
-
Date:
-
April 27, 2018
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Description:
- The Department of Public Works and Highways (DPWH), consultant CCCC Highway Consultant Ltd., and contractor China Road and Bridge Corporation on Friday, April 27, 2018 signed a 643.458 Million Chinese Yuan or roughly P5.27 Billion contract to implement the two (2) China-aided bridge projects in the Philippines.
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Title:
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DPWH, JICA sign pact on Davao City Flood Control and Drainage Project
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Author:
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DPWH
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Source:
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DPWH
-
Date:
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April 24, 2018
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Description:
- A Master Plan and Feasibility Study on Flood Control and Drainage Project in Davao City will be jointly crafted by the Department of Public Works and Highways (DPWH) and Japan International Cooperation Agency.