European Investor to Pour €4 Billion Euros to Revive National Steel Corporation in Iligan City

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Iligan City — A new, state-of-the-art fully integrated steel mill is poised to rise again in this once touted as the industrial city of the south. Iligan City Mayor Celso Regencia has acknowledged last week the intent of a foreign-funded consortium in the amount of 4B euros for...

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Malaysia inspects North Korean coal ship for possible U.N. sanctions breach

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North Korean Cargo Ship "KUM YA" (former Lucky Star 7) By James Pearson, Rozanna Latiff and Tom AllardKUALA LUMPUR, March 29  (Reuters) - Malaysia briefly prevented a North Korean ship carrying coal from entering its port in Penang because of a suspected breach of United Nations sanctions, a...

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Silverpack investing ₱500 Million for Philippine plant

In an interview, a Silverpack official said the company plans to conquer Southeast Asia over the next decade through aggressive expansion of its manufacturing facilities and sales office across the region. image: philSTARMANILA, Philippines - Multinational packaging firm Silverpack Sdn Bhd is looking to invest ₱500 million to...

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PHOTOS: Philippines challenges China's Claim of West Philippine Sea at UNCLOS Tribunal in The Hague

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Philippines challenges China's Claim of country's exclusive economic zone at UNCLOS Tribunal in The Hague. image: inquirer.netIN PHOTOS: Philippines challenges China in The HagueIn photos emailed to Rappler, the Permanent Court of Arbitration gives us a glimpse of the closed-door hearings pitting Manila against Beijing MANILA, Philippines –...

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Japan-Asean Anti-terrorism meet in Cebu; Military Clash with Abu Sayyaf al Qaeda linked kills 11 in Basilan

A platoon of the Philippine Marines marches in this file Photo.  —File Photo by Reuters Philippine forces clashed with Muslim extremists on a southern island Thursday (July 26, 2012), leaving seven soldiers and four militants dead, the military said. Elite rangers battled members of the al Qaeda-linked Abu...

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Japan & Philippines Tighten Defense Ties Sea disputes

Bolstering defense Japan - PhilippinesJapan and the Philippines agreed on during the visit of the Philippines' president to Japan September 27, 2011 to strengthen maritime security ties, while also underscoring the importance of preserving peace and stability in the West Philippines Sea (South China Sea) amid rising tensions...

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The next ASEAN tiger cited by Asia Inc & Business leader could be the Philippines

The Philippines has a most unique economy in the world which is highly dependent on domestic consumption that drives their economy that could be hardly hit for any possible global economic recession. Inspite of rich resources, Philippines did not rely on exports to drive a better and fast...

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Hainan China Mounted Nuclear Weapon Facing Philippines

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When China’s largest offshore petroleum producer launched a $1 billion oil rig this summer from Shanghai, Lt. Gen. Juancho Sabban, the commander of Philippine military forces commented that China of 1,500 miles away in the South China Sea, began preparing for trouble.The drilling platform, said China, would soon...

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₱5 Billion Armament Budget to Secure West Philippines Oil and Gas Field Approved by Pres. Aquino

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President Benigno Aquino III has approved the release of ₱4.9 Billion from the Malampaya fund to strengthen the defenses of natural gas exploration in northern Palawan, National Treasurer Roberto Tan said Wednesday (September 14, 2011).The fund to be released this month, will be disbursed to the Armed Forces...

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Vietnam will conduct a live Fire Drill in the Paracels - June 13

China’s Claims with undisputable over Spratlys is true as it is baseless according to the UNCLOSAfter the Philippines’ protests to the United Nations for China’s navy harassing Philippine Oil Research Ship in the Philippine Waters - UNLOS International Law of Seas 200 Nautical Exclusive Economic Zone of the...

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China is embarrassed in the International Community over invasion in the Philippine Waters in the Spratlys

China stepped up criticism of the Philippines in a fresh exchange of invectives over disputed waters, calling on Manila to stop infringing its sovereignty with irresponsible claims over the Spratlys, after thousands of protest online denouncing China’s invasion and incursion to the Philippine waters UNCLOS 200 nautical Mile...

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