The floating barrier in question, which measures approximately 1.3 kilometers in length, was first reported by Filipino fishermen who encountered it while fishing near Recto Bank, an area the Philippines considers part of its Exclusive Economic Zone (EEZ). Recto Bank is known for its rich fishing grounds and potential oil and natural gas reserves. The […]
Jimmy Lai’s story is a quintessential rags-to-riches tale. Born in mainland China, he moved to Hong Kong as a young boy, where he started his career working in a clothing factory. His entrepreneurial spirit led him to launch his own fashion retail business, which eventually evolved into the hugely successful Giordano International Limited. However, Lai’s […]
The Philippines, an archipelagic nation situated in Southeast Asia, boasts a vast and strategically important maritime domain. With a coastline spanning over 36,000 kilometers and a vast expanse of territorial waters, the country’s security and sovereignty rely heavily on the strength of its maritime forces. As regional dynamics evolve, enhancing naval capabilities, particularly the introduction […]
The C-208 Caravan is a versatile aircraft known for its durability and cost-effectiveness. Its long endurance allows it to conduct extended surveillance missions, covering vast maritime areas efficiently. Equipped with various sensor packages, including maritime patrol radars and electro-optical/infrared (EO/IR) cameras, it can gather crucial information about vessels and maritime activities. This aircraft’s adaptability and […]
Smuggling, the illicit transportation and distribution of goods without proper customs clearance, poses a significant threat to a nation’s economy and security. It undermines legitimate businesses, evades taxes, and often involves the trafficking of contraband goods. In recent years, the Philippines has been no stranger to the challenges posed by smuggling. President Ferdinand “Bongbong” Romualdez […]
Farm-to-market roads form the lifeline of rural areas, connecting farms to local markets and facilitating the efficient transportation of agricultural goods. By enhancing market access, these roads expand opportunities for farmers and potentially increase their income. Reduced transportation costs also benefit both consumers and farmers, with lower prices for agricultural products and higher profits for […]
China’s involvement in Africa dates back to the 1960s when it provided support to various African nations during their struggles for independence. Since then, China has emerged as a major player in the African continent, becoming its largest trading partner and a significant source of foreign investment. One of the most prominent aspects of China’s […]
India has been steadily working to position itself as a major player in global manufacturing. The “Make in India” initiative, launched in 2014, aimed to attract foreign investment and boost domestic manufacturing. India’s large workforce, technical expertise, and a growing consumer market have made it an attractive destination for businesses looking to diversify their supply […]
The SEC’s investigation revealed that the Chinese EV maker had made a series of misleading statements about its plans for entering the US market. These statements had a material impact on the company’s stock price and misled investors, ultimately leading to their financial detriment. The regulatory body’s decision to fine the company sends a clear […]
China’s ascent in the EV market has been swift, owing to government support, substantial investments, and technological advancements. Companies like BYD, NIO, and Xpeng have gained international recognition for their competitive pricing and cutting-edge technology, challenging established players worldwide. In Europe, this surge of Chinese EVs has prompted concerns on multiple fronts. Quality and safety […]
