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ASEAN, Russia reaffirm commitment to boost cooperation

MANILA, Aug. 6— ASEAN and Russia reaffirmed their commitment to strengthen cooperation in political, trade, economic, social and cultural areas. The two parties held ASEAN-Russia Ministerial Meeting at the Philippine International Convention Center (PICC) on Sunday. During the meeting, ASEAN country coordinator Laos PDR, through its Foreign Minister Saleumxay Kommasith, and Russian Foreign Miniser Sergey …

DTI to provide skills, livelihood trainings for Marawi IDPs

MANILA, Aug 4—  The Department of Trade and Industry (DTI) stands ready to provide skills and livelihood trainings for internally displaced persons (IDPs) affected by the armed conflict in Marawi City. In a video message during the Bangon Marawi Forum Friday, DTI Secretary Ramon Lopez said business groups would have job openings for IDPs from …

Mall operators to help MSMEs in Marawi: Trade chief

  MANILA, July 27— Trade Secretary Ramon Lopez said Thursday that mall operators will help micro, small, and medium enterprises (MSMEs) from Marawi City to get back to business immediately. In a text message to reporters, Lopez said the country’s leading mall operators, such as SM and Robinsons malls, have agreed to support the affected …

PSEi trading at 8,000-level Wednesday morning

MANILA, July 26— The Philippine Stock Exchange index (PSEi) is trading at 8,000-level on Wednesday morning with all counters in the green. As of 10:18 a.m., PSEi increased to 8,032.98 points, improving by 0.77 percent or 61.26 points. The local bourse closed Tuesday at 7,971.72 points. All Shares also increased 0.50 percent or 23.71 points …

PHL bags PHP44-B B2B deals in Russia

MOSCOW—Philippine business delegations here were able to bag around USD875 million or about PHP44 billion worth of business-to-business (B2B) deals, Trade Secretary Ramon Lopez said Thursday. “A number would be in the areas of iron and steel, transport, agri-business, multi-purpose vehicles, power, energy, property development, transport and construction,” Lopez added. Over 200 Philippine-based businessmen are …

Russia supports PHL’s war vs terrorism, drug trafficking

MOSCOW—Russian Foreign Affairs Minister Sergey Lavrov said Thursday the Russian government is committed to work with the Philippines to fight against terrorism and drug trafficking. “I would like to reiterate our commitment to working together in security sphere, in fighting terrorism or fighting drug trafficking and other matters,” Lavrov said in his bilateral meeting with …

PHL, Russia ink 10 bilateral agreements

MOSCOW—The Philippines and Russia sealed a total of 10 bilateral agreements after President Rodrigo Duterte’s official visit to Moscow. President Duterte cut short his trip here after declaring martial law in Mindanao but Russian President Vladimir Putin has assured that the full package of bilateral documents will be signed by the two countries’ ministers. Foreign …

Putin sees opportunities for PHL, Russia to improve economic ties

MOSCOW—Russian President Vladimir Putin has seen opportunities for Russia and the Philippines to improve their economic cooperation, as two-way trade between the two countries remains low. In his bilateral meeting with President Rodrigo Duterte at the Grand Kremlin Palace Tuesday evening (early Wednesday morning in Manila), Putin mentioned that despite more than 40 years of …

Pres. Duterte asks Putin for arms

MOSCOW—President Rodrigo Duterte has requested Russian President Vladimir Putin for a soft loan for weapons which will be used by the Philippine government in its fight against terrorism. President Duterte made this request during his bilateral meeting with the Russian leader at the Grand Kremlin Palace here Tuesday evening (early Wednesday morning in Manila). It …

President Duterte meets Putin at Kremlin before flying back to PHL

MOSCOW—President Rodrigo Duterte met with Russian President Vladimir Putin at the Kremlin before flying back to Manila at 1:38 a.m. Wednesday (6:38 a.m., Manila time). The meeting took place around 10 p.m. on May 23 here ( around 3 a.m. of May 24, Manila time). Putin returned to Moscow Tuesday evening to meet Duterte, who …

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