Philippines rejects China’s joint oil exploration proposal

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The joint development of areas in the West Philippine Sea (South China Sea) that "are clearly ours is not a viable solution" to our problem with China, according to Foreign Secretary Albert del Rosario. As for the potentially resource-rich Spratlys group of islands, the Philippines is "open to...

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1+1 = Asia Pacific Freedom U.S.A. & the Philippines

The new equation is born for the new era of the USA and the Philippines relations. The U.S. and the Philippines are working together to counter terrorism, increase maritime security and assist in humanitarian efforts. The United States is revitalizing its long-standing alliance with the Philippines in order...

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Philippine Navy & Coastguard Joint Patrol in Spratly – China ordered NO..

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The Philippine Coast Guard (PCG) and the Philippine Navy (PN) will jointly conduct offshore patrol on West Philippine Sea (WPS), a task mandated under the newly-created National Coast Watch System (NCWS) by virtue of Executive Order No. 57, signed and issued by President Benigno C. Aquino III last...

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Philippines Lifted Ban - Au Pairs for European Countries

The Philippines on Wednesday (February 23, 2012) lifted a ban on sending Au Pairs to all European countries after new protection guidelines were issued, the Department of Foreign Affairs (DFA) said. The ban to European countries lasted for 14 years since 1998 due to racial and economic discrimination...

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Black Gold investment in the Philippines pushed!

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Department of Agriculture (DA): Senator Francis "Kiko" Pangilinan has urged the national government to develop the coffee industry in the Philippines, which he tagged as the Philippine "black gold." "The country could be missing out on a great opportunity if it fails to pay attention its well-regarded coffee...

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Philippines - New Billion Dollar Creditor Helping IMF – Europe Crisis

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Economy: Philippines - From being a user of the resources of the International Monetary Fund for decades, the Philippines has attained creditor status, with half of its $251.5-million contribution to the IMF as of December tapped to help European countries such as Ireland, Portugal and Greece ease the...

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USA formally offers 2nd warship to AFP of the Philippines

Philippines top military official exposed Saturday (18th February 2012) that the United States has formally offered to the Philippines a second warship that is expected to boost the country's territorial defense capability. Navy chief Vice Admiral Alexander Pama said the US sent last week a letter notifying them...

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₱2.8 billion New combat choppers arrives Philippines airbase

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  Four new combat utility helicopters acquired from two foreign firms have arrived in the country, the military said yesterday. Armed Forces deputy chief for plans and programs Maj. Gen. Roy Deveraturda said the helicopters arrived at Clark Airbase in Pampanga. "We can use these for transporting troops,...

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High Grade Gold intercepted by Aus Firm in the Philippines

Lindian Resources intersects new zone of high grade gold at Masapelid in the Philippines An Australian firm; Lindian Resources (ASX: LIN) has discovered copper and high grade gold at the Masapelid Project in the Philippines, following assays from two recent drill holes. Drilling on a new target at...

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Apple’s big bite: Billions USD gains - No justice to its iPad2 users

  Apple Craze hit not just Philippines but all around the World Computer and software giant Apple took a huge bite of profits recorded at a staggering $13.1 billion for its first quarter ending Dec. 31, 2011 – far above analysts' predictions. Total sales registered at $46.3 billion,...

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Philippines Tops As best Investment Site in Asia

JETRO Competitiveness Survey In Asia The Philippines has emerged as the most competitive country among seven Asian economies as an investment destination and doing business whether in manufacturing or services sectors, the latest survey conducted by the Japan External Trade Organization (JETRO) revealed. Trade and Industry Undersecretary Cristino...

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