The Philippines and the United Kingdom have embarked on a remarkable journey towards enhancing their economic ties through a revolutionary joint action plan. This groundbreaking initiative underscores the shared commitment of both nations to foster closer cooperation and explore untapped opportunities for trade and investment. With a focus on strategic sectors, investment facilitation, economic synergy, […]
Asiana Airlines, a leading South Korean carrier, is set to resume its Clark-Incheon route on June 5, marking a significant step towards restoring international travel between the Philippines and South Korea. This decision comes as a welcome development, bringing enhanced connectivity and promising benefits for both tourists and business travelers. Let’s explore the details of […]
Shein, a Chinese fast fashion company, has become the target of growing backlash and calls for a boycott and shutdown due to allegations of unethical business practices and exploitation of workers. Critics accuse Shein of offering low prices by exploiting workers, who are often paid meager wages and made to work in unsafe conditions. In […]
In a bold experiment, security researchers from F-Secure, a leading cybersecurity firm, were able to take control of a government-owned satellite operated by a European Space Agency (ESA) research center in Darmstadt, Germany. The satellite was designed for communicating with other satellites and receiving scientific data, making this a potentially alarming discovery. With just a […]
Bondee, a social media app that skyrocketed in popularity among young users since its launch in 2022, is facing a steep decline in downloads in the wake of concerns about its connections to the Chinese government. Recent reports suggest that the app is censoring content critical of the government and allowing authorities to monitor user […]
China’s Zhurong Mars rover made headlines in May 2021 when it successfully landed on the red planet as part of the Tianwen-1 mission. However, in early August, the rover stopped functioning and went into hibernation mode. Despite the CNSA’s efforts to revive it, the agency has now admitted that the rover may never wake up. […]
China’s economy is proving to be resilient, with signs of recovery despite a decline in manufacturing activity in April, according to a recent report by Fortune. Although the purchasing managers’ index (PMI) for manufacturing fell to 50.4 in April, down from 51.9 in March, it still indicates growth in the sector as the score remained […]
The Philippines has been one of the fastest-growing economies in Southeast Asia, with an average annual growth rate of around 6% between 2010 and 2019. However, the COVID-19 pandemic has caused a significant economic slowdown, with the country’s GDP contracting by 9.6% in 2020. Despite the pandemic’s impact, the Philippines remains optimistic about its economic […]
German business groups are calling for a renegotiation of the EU-China Comprehensive Agreement on Investment (CAI), citing concerns over China’s human rights record and lack of progress on labor and environmental standards. The agreement, which was signed in December 2020, aims to improve market access for European companies in China and promote fair competition. However, […]
Examples of China’s influence in the IMF include its involvement in efforts to reform the IMF’s governance structure and voting rights system and the recent decision to include the Chinese yuan in the IMF’s basket of reserve currencies, which gave China greater clout in the global financial system. China has also been accused of using […]
