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The free trade agreement (FTA) between the Philippines and South Korea entered into force on December 31, 2024, marking a historic milestone in the trade and economic relationship between the two countries. This agreement is expected to create new opportunities for businesses and consumers, while fostering strong and resilient supply chains. Signed on September 17, […]
The Philippines produced a total of 37,098 new registered nurses in 2024. However, there is no assurance that all of them will practice their profession, or that they will do so within the country, according to Quezon City Representative Marvin Rillo. “Largely due to the pressure to survive, some of them will likely try to […]
National Unity Party (NUP) president LRay Villafuerte sees the development of green power—particularly of wind, solar and other variable renewable energy (VRE) sources—as a new magnet for investments, more so now when the Marcos administration has put on the fast track the country’s transition from fossil fuel to clean and sustainable energy. “VRE development promises […]
Senators Alan Peter and Pia Cayetano are working together to establish the Virology Institute of the Philippines (VIP), an agency that will focus on virology research and vaccine development. The sibling senators pushed for this legislative initiative through Senate Bill No. 2893 under Committee Report No. 196, which aims to create the VIP in response […]
With only three session days before Christmas break, the Senate approved on third and final reading several measures which aim to improve the country’s prospect as an investment destination, spur economic growth, and create jobs. Also passed were local bills aimed at protecting the country’s seascapes and landscapes nationwide. The Senate adjourns session on December […]
Senator Migz Zubiri has lauded the Philippines’ rise to the second spot in BloombergNEF Climatescope’s 2024 rankings for “the most attractive emerging markets for renewable energy investment,” a glaring proof of the nation’s growing commitment to renewable energy. “This is a fantastic development built on our whole-of-government approach towards increased usage of renewable energy, led […]
Senator Alan Peter Cayetano stressed the need for a regulatory framework for nuclear energy as he pushed for a bill to establish the Philippine Atomic Energy Regulatory Authority (PhilATOM). The proposed measure aims to enhance the safety, security, and peaceful utilization of nuclear energy in the country. Senate Bill No. 2899 seeks to institutionalize PhilATOM […]
“The Department of Trade and Industry (DTI) is proud to participate in the exploratory discussions on a potential Free Trade Agreement (FTA) between the Philippines and Canada,” said DTI Secretary Cristina Roque at the Team Canada Trade Mission Gala Reception recently. At a time when the two nations are celebrating 75 years of diplomatic relations, […]
The Reciprocal Access Agreement (RAA) between the Philippines and Japan has received the approval of the Committee on Foreign Relations, chaired by Senator Imee Marcos, upon the motion of Senator Migz Zubiri. The agreement is set to not only bolster defense and security programs of the country but also revolutionize disaster management collaboration between the […]
Senator Loren Legarda has welcomed the enactment of a measure that designates every August 1 as the “Araw ng Paglalathala at Pagtatanyag ng Kasarinlan ng Pilipinas”, otherwise known as “The Bacoor Assembly of 1898 Act”. Legarda, the principal sponsor and co-author of Republic Act No. 12073, emphasized that the significance of August 1, 1898, extends […]