Local stocks weighed down by PH-Taiwan rift
By Doris C. Dumlao
The local stock barometer slipped for a second straight session on Friday amid a brewing Philippine-Taiwan row alongside some profit-taking and portfolio realignment.
The local stock barometer slipped for a second straight session on Friday amid a brewing Philippine-Taiwan row alongside some profit-taking and portfolio realignment.
The country’s maritime sector is hopeful that Malacanang’s remedy to loopholes in the industry’s regulatory framework would result in safer seas and better training for local seafarers.
A Philippine oil company said Wednesday its gas field – in a section of the West Philippine Se (South China Sea) also claimed by Beijing – could be nearly twice as big as the Philippines’ largest known deposits.
MANILA, Philippines—The government is currently reviewing its training and safety standards for Filipino maritime workers to comply with strict guidelines set by the European Union, which now threatens to ban Filipino seamen from European ships if improvements are not made. In a letter late month to the Filipino Association for Mariners Employment Inc. (FAME), a [...]
