SoKor, PH To Sign Expanded Free Trade Agreement Next Month

SoKor, PH To Sign Expanded Free Trade Agreement Next Month

Spotlight

Globe Recreates The Way You Learn With Special Promos

Globe introduces special Go promos for students and the GoTOK series to make quality learning and self-improvement accessible for everyone online and in real life!

Roma Point Bridge Construction In Full Swing With Republic Cement Support

Expected to be the longest bridge in Calabarzon, the Roma Point Bridge, also known as the Alabat Bridge, will be 1.7 kilometers long upon completion and will connect Alabat Island to mainland Quezon province.

Specialty Pulp Manufacturing Inc. Chooses 100% Clean Energy From EDC

Agriculture-based manufacturing company SPMI is now being powered by clean, renewable, reliable energy from EDC!

1st ARISE Virtual Annual General Membership Meeting Focused On Business Resilience

ARISE Philippines discusses the need to focus on key priority areas in its advocacies on disaster risk reduction in its first virtual Annual General Membership Meeting.

South Korea & the Philippines are expected to sign next month an expanded free trade agreement to further boost the two countries flourishing commercial trading, according to South Korean Ambassador Han Dong-man.

Han made the disclosure to diplomats attending the Korea National Foundation Day Celebration and Armed Forces Day at the Makati Shangri-La.

He said in 2018, trade volume between South Korea and the Philippines reached USD15.6 billion, an increase of 9.3 percent compared to the previous year.

“To expand our trade relations, negotiators from Korea and the Philippines are working hard to reach a deal on a free trade agreement between our two countries,” Han said.

“We are now approaching the conclusion of the bilateral trade agreement, which is poised to be signed by the end of November,” he added.

Han cited the outstanding leadership of Trade Secretary Ramon Lopez for the expanding trade relations between South Korea and the Philippines.

“I am confident that this bilateral deal will further enhance our business ties and benefit both economies,” he said.

With regards to “people-to-people exchange, South Korea is the Philippine’ largest source of foreign tourist visitors,” he said.

In 2018, some 1.6 million Koreans visited the Philippines and Han said he made a promise to President Rodrigo Duterte to bring up the number to two million per year during his term.

Han said he always asks Korean businessmen “whenever I meet them, invest, invest, invest in the Philippines in accordance with President Duterte’s Build, Build, Build program.”

On the other hand, many Filipinos are also visiting Korea as Korean entertainers such as K-pop. Korean food and K-cosmetics are well-known all over the Philippines. (PNA)

106-Year-Old Baguio Resident Recovers From COVID-19

Good news! One of the oldest persons in the country, who was diagnosed with COVID-19, was discharged on Tuesday!

Churchgoers Thankful As Manila Raises Seating Capacity To 30%

Churchgoers from different religions express gratitude after seating capacity inside churches, mosques, and chapels in the city of Manila was raised to 30 percent from the previous 10 percent.

Duterte Assures Gov’t Will ‘Look For Money’ To Settle Red Cross Debt

“We’ll look for the money. Hindi naman marami but ang priority natin dito is really medical treatment, medical attention. Babayaran to in a short while, do not worry.”

Mayors Want Metro Manila Under GCQ Until Dec. 31

Anong masasabi mo sa desisyon ng NCR mayors?

Inbound Commercial Flights To GenSan Airport Resume This Week

Inbound commercial flights to the city international airport will finally resume this week after a nearly two-month suspension due to the spike in cases in COVID-19.

AFP Units, Offices To Forego Christmas Parties This Year

Just like majority of offices in the country, the Armed Forces of the Philippines has decided to cancel their Christmas Party this year.

DOTr: No Contract Awarded Yet On NAIA Expansion Project

“Allow us to set the record straight, once and for all, that there is no contract awarded yet, or any agreement decided upon, on the NAIA Expansion project,” said DOTr Undersecretary for Planning Ruben Reinoso Jr.

First COVID-19 Diagnostic Center In Capiz Opens In Roxas City

Western Visayas has opened its 10th diagnostic laboratory center at the Hortus Botanicus in Roxas City on Tuesday.

Pandemic Parenting: Education In The New Normal

With the newly introduced distance learning, these parents remain resilient in facing the challenges brought about by it.

Dim Water Prospects Continue To Haunt 3 Luzon Dams

The Angat, San Roque, and Pantabangan dams in Luzon may still be struggling for water this November.