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Vice Minister of the Philippines Department of Trade and Industries, Ceferino Rodolfo, says President Marcos’s commitment has been key to reassuring investors about the Philippines’ long-term growth prospects.
Dili and Manila could work together in trade, infrastructure development, conservation and the maritime Code of Conduct, analysts say.
In response to a question about Philippine President Ferdinand R. Marcos Jr's remarks that it is regrettable that incidents continue to occur in the South China Sea and "[the incidents] have put the lives of Philippine personnel and the safety of our vessels and aircraft at risk" at the ongoing ASEAN meetings on Sunday,
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Marcos hits China’s ‘nature reserve’ declaration
President Marcos has slammed the “attempt of some actors” to establish a “nature reserve” in Bajo de Masinloc or Panatag (Scarborough) Shoal, which is an integral part of the Philippines. Marcos made the remarks at the 13th Association of Southeast Asian Nations (ASEAN)-US Summit at the Kuala Lumpur Convention Center here Sunday afternoon.
Analysts are cautiously optimistic about the proposed pact as past efforts to lower the temperature in the waterway have had limited success.
The Philippines will continue pushing for the conclusion of the Code of Conduct (COC) in the South China Sea when it hosts the Asean Summits next year, said its president Ferdinand Marcos Jr.
China declared a nature reserve over much of the Scarborough Shoal in August, escalating tensions with the Philippines.
Fear has gripped people about the likelihood of a ‘big one’ quake days after a series of earthquakes rocked the nation, even though experts say there is no cause for panic
The Philippine Coast Guard said fisherman had turned over a 12-foot-long underwater drone they found near the waters of Palawan.