Daily Archives: 2 years ago

EU–Philippines trade reaches record high €12.5 billion in 2014

The European Union Delegation to the Philippines releases a new fact file for the EU-Philippines trade. The publication describes and analyses economic trends in EU-Philippines relations with updated statistics of 2014. “Philippines trade in goods increased to historic highs by 16% to €12.5 billion, while trade in services increased even stronger, by 17%, to €3.1 […]

Senator TG finds accusations on UH-1 helicopter-deal ‘disturbing’

Senate Blue Ribbon chair Senator TG Guingona finds “disturbing” the accusations of Rhodora Alvarez regarding the allegedly tailor-fitted purchase of 21 refurbished UH-1 helicopters for Philippine Air Force by the Department of National Defense. Alvarez accuses Defense officials of “tailor-fitting” the terms of reference for the said purchase to help Rice Aircraft Services, Inc. (RASI) […]

Supreme Court halts construction of Torre de Manila

The Supreme Court issues a restraining order against the construction of 46-floor Torre de Manila. The high court also sets June 30 to hear the petition filed by Knights of Rizal. “SC issues TRO against further construction of Torre de Manila; orders oral argument on June 30 at 2 PM,” says in the official Twitter […]

Russia to counter US pre-positioned war machines with new capabilities, missile systems

“Russia will have no other choice but to boost its military potential along its western borders,” says Russian General Yury Yakubov as quoted by Russian Interfax news agency. Yakubov is a senior defense ministry official. His statement comes after New York Times reported that United States is poised to pre-position battle tanks, infantry fighting vehicles […]