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Roxas Boulevard will be a no-man’s land starting today, November 16, until November 20. This, after the manila city government announced that motorists and pedestrians, will be banned from the area as part of security measures for the Asia-Pacific Economic Cooperation or APEC meet. Manila Disaster Risk Reduction and Management Office Head Johnny Yu said they are closing Roxas Boulevard not only to vehicular traffic but also to foot traffic, to fully help in ensuring […]
Armed Forces of the Philippines Spokesman Colonel Restituto Padilla said government forces are prepared for any scenario during the Asia-Pacific Economic Cooperation or APEC summit this week. Nevertheless, he said they are making themselves more visible to prevent untoward incidents. Padilla said they are carefully analyzing what happened to Paris to see if they have to adjust for things like that. But he said it seems that they have already covered such scenarios so they […]
The head of Paris-based Organization for Economic Cooperation and Development or OECD cancelled his trip for APEC meet following the attacks in Paris. OECD Secretary-General Ángel Gurría José, a Mexican diplomat and economist, was supposed to take part in the APEC CEO Summit, where he was earlier announced as a panelist at the session titled “What is the next horizon for Asia-Pacific Trade?” tomorrow, November 17. In an advisory on its website, the OECD said […]
President Benigno S. Aquino III conducted an inspection of the Asia-Pacific Economic Cooperation venues next week as well as the Ninoy Aquino International Airport terminals which will be used by APEC delegates when they arrive for the summit. Among the venues inspected by the president include the Philippine International Convention Center meeting venues, MOA arena, and NAIA terminals 1, 2, and 3 where APEC delegates will arrive and depart. The president also inspected the Kalayaan […]
As host of this year’s Asia-Pacific Economic Cooperation (APEC) meetings, the Philippines will be welcoming leaders and delegates from all over the world for the APEC Economic Leaders’ Meeting (AELM), which will be held in manila from November 18 to 19. According to the Metropolitan Manila Development Authority (MMDA), designated APEC lanes will be set up along the Epifanio Delos Santos Avenue (EDSA) during the duration of the summit: two innermost lanes from Shaw Boulevard […]
(Reuters) — U.S. Defense Secretary Ash Carter on Wednesday (November 4) defended U.S. naval presence in the South China Sea, and said the inability of ASEAN defense ministers to reach a consensus reflected their concern about China’s activity in the area. Disagreement between the United States and China over how to address rival claims in the South China Sea marred a gathering of Southeast Asian defence officials on Wednesday, with a joint statement scrapped after ministers failed to […]
(Reuters) — Disagreement between the United States and China over how to address rival claims in the South China Sea marred a gathering of Southeast Asian defence officials on Wednesday (November 4), with a joint statement scrapped after ministers failed to agree on its wording. Malaysian Minister of Defence Hishammuddin Hussein said during a news conference that a consensus had not been reached. “We couldn’t reach a consensus on the joint declaration and instead […]
Indonesian President Joko Widodo welcomed Finland president Sauli Niinisto to the capital Jakarta on Tuesday for a two-day visit aimed at enhancing bilateral relations. The visit by the Finnish delegation, made up of representatives of 11 businesses, was very important to enhance trade cooperation between the two countries as according to foreign ministry data Indonesia’s trade increased about 780 million U.S. dollars, while Finnish investment also increased from 800 thousand to 3.6 million U.S. dollars. […]
Ready or not, the Philippine business community has no choice but to face tougher competition from its regional counterparts. Business tycoon Manuel V. Pangilinan said the Philippines remains unready for the ASEAN Integration. “Like sugar, it is cheaper to import sugar, that will be good for Filipino consumers but you will displace four million people from their jobs. If you’re a sitting president, can you afford that, turn away four million of your people without the […]
A research showed that the manufacturing industry across Southeast Asia, including the Philippines, would suffer productivity losses in the next 30 years due to rising temperatures caused by climate change. A recent report released by British firm Verisk Maplecroft said that Southeast Asia could lose an average of 16 percent of its current labor capacity due to the rising heat stress in the next three decades. Singapore and Malaysia are predicted to experience productivity loses […]
MANILA, Nov. 1 — Business leaders of member economies of the Asia-Pacific Economic Cooperation (APEC) who comprise the APEC Business Advisory Council (ABAC) are scheduled to meet in Manila on November 13 for the 4th ABAC Meeting, where they will continue to develop their recommendations on ways to bring about greater prosperity in the region through the promotion and advancement of inclusive growth. These recommendations will be presented to APEC Leaders when they meet in November. […]
Malaysia’s defense minister Datuk Seri Hishammuddin Tun Hussein, said, ASEAN member countries should work together to resolve the dispute on the Spratly islands as the involvement of the big powers could deteriorate the situation. Referring to the activities by the republic of china on the island, he said, any incident, no matter how small, could spiral out of control, if not contained. He said, “The involvement of the big powers, like china and the united […]
