Beijing-Manila air traffic drops
By Paolo G. MontecilloAir traffic between China and the Philippines has dipped to a two-year low due to a recently imposed travel ban that arose from a territorial dispute over islands in the West Philippine Sea.
Air traffic between China and the Philippines has dipped to a two-year low due to a recently imposed travel ban that arose from a territorial dispute over islands in the West Philippine Sea.
Japan’s big three automakers shuttered some or all of their factory operations in China on Tuesday amid escalating anti-Japan protests centred on a bitter territorial dispute between the Asian giants.
Businessman Manuel V. Pangilinan plans to expand the consortium undertaking gas exploration in the Recto Bank, which is part of the territory disputed by the Philippines and China, to “internationalize” and “de-politicize” the concession area while boosting the financial and technological muscle for the project.
Officials of the Department of Agriculture will go to China this week to check on stranded banana shipments in response to China’s claim that Philippine bananas have been attacked by pests, according to agriculture officials.
President Benigno Aquino on Monday told banana exporters reeling from the stringent rules imposed on their product by China not to put all their eggs in one basket and to diversify their market.
Energy Secretary Jose Rene D. Almendras stressed that the two petroleum blocks off northwest Palawan that are being offered under the current Philippine Energy Contracting Round 4 are both well within Philippine territories, despite the recent claims made by the Chinese government.
The exploration for gas in the Recto Bank (also known as Reed Bank) would start in 2012, Energy Secretary Jose Rene Almendras said late Saturday afternoon here (Sunday in Manila).
