Latest news and articles about philippines from NEX English
The International Criminal Court (ICC) is set to make a crucial decision by April 28 regarding former Philippine President <strong>Rodrigo Duterte</strong> and charges of crimes against humanity linked to his controversial drug war. The announcement is anticipated amid expectations of slow proceedings.
S&P Global Ratings has downgraded its outlook for the Philippines from positive to stable, citing increased risks to the country's financial situation and balance of payments due to the ongoing war in the Middle East.
The Philippine government has signed a contract worth <strong>16 billion pesos</strong> (approximately <strong>$290 million</strong>) to construct a new metro station at Manila International Airport. This initiative reflects the government's commitment to enhancing transportation infrastructure.
Typhoon Man Yi has caused widespread destruction in the Philippines, destroying dozens of homes and affecting thousands of lives. Local authorities warn of further repercussions as severe weather conditions persist.
The Philippines is seeking to secure the passage of its ships through the Strait of Hormuz by engaging in talks with Iran, a move deemed essential amid the ongoing energy crisis. The Philippine Foreign Minister met with the Iranian ambassador to discuss energy cooperation.
On Tuesday, the Philippines announced plans to rename over 100 sites in the Spratly Archipelago to strengthen its sovereignty in the disputed South China Sea. This initiative is part of the Philippine government's efforts to bolster its position in this regional dispute.
Philippine President Ferdinand Marcos Jr. stated that the ongoing war in Iran could drive the Philippines towards an agreement with China regarding disputed energy resources in the South China Sea. This comes as regional countries face significant economic and political challenges.
The Philippines has announced the launch of a new platform named 'Hinda' aimed at improving responses to natural disasters. This initiative comes at a critical time as the country faces increasing challenges from climate-related disasters.
The Philippine government has announced the opening of the Cavitex-C5 link free of charge until April 30, aimed at facilitating citizen movement during the Easter holiday. This new link is expected to reduce travel time from 90 minutes to just 15 minutes.
Petrocoron, the only refinery in the Philippines, announced the purchase of <strong>2.48 million barrels</strong> of Russian crude oil. This decision comes as the Philippines seeks alternatives to meet its energy needs amid escalating regional crises.
Petrocoron, the only refinery in the Philippines, has announced the purchase of <strong>2.48 million barrels</strong> of crude oil from Russia. This move comes as the Philippines seeks alternative suppliers to meet its energy needs amid the ongoing conflict in Iran.
The Philippine government has declared a national emergency to address increasing natural disasters, following devastating typhoons and floods. This decision comes at a critical time as the government seeks to enhance its rapid response capabilities to crises.
Petronas, the Malaysian state-owned company, has denied any involvement in reports of a purported fuel supply agreement with a local government unit in the Philippines. The company emphasized that it has not entered into any agreement or commitment regarding this matter.
A Philippine province has declared a state of emergency due to sharp increases in oil prices leading to a crisis in basic commodity prices. This decision comes as citizens face growing economic pressures.
Reports indicate that the delivery of Russian crude oil to the Philippines has not been sufficient to address the country's dwindling oil reserves. This situation arises as the Philippines faces a severe energy resource shortage.
The Philippine Department of Energy announced the activation of a <strong>20 billion peso</strong> emergency fund to enhance fuel security amid ongoing oil price fluctuations due to the conflict in the Middle East. Additionally, it has suspended electricity sales due to fuel supply risks.
The Philippines has received its first shipment of Russian oil in five years, coinciding with a national energy emergency declaration due to escalating tensions in the Middle East. This shipment aims to address the country's growing energy crisis.
On Thursday, the Philippines announced the suspension of its wholesale electricity market as part of emergency measures to address energy supply risks and price volatility caused by the conflict in the Middle East. This decision aims to protect consumers from potential energy price hikes that could negatively impact the national economy.
A massive shipment of over <strong>700,000 barrels</strong> of Russian crude oil has arrived in the Philippines. This comes just days after Manila declared a national energy emergency due to ongoing crises in the Middle East.
Philippine President Ferdinand Marcos Jr. has declared a national emergency in the energy sector, warning of an imminent threat to the country's energy supply. This decision comes amid disruptions caused by the conflict in the Middle East and the closure of the Strait of Hormuz.
Philippine President Ferdinand Marcos Jr. has announced that his government will bear the brunt of the peso's weakness, citing limits to defending the currency amid the dollar's rise. Marcos aims to achieve a 6% economic growth rate by 2028.