MANILA, Philippines — Japan and the Philippines are to hold high-level defense and security talks next month, the foreign department said Friday, as the two countries seek to boost ties in the face of China's growing regional pressure. Japan's Defense Minister Minoru Kihara and Foreign Minister Yoko Kamikawa will discuss "bilateral and defense and security issues affecting the region" at the July 8 Manila meeting, a department statement said. The talks follow escalating confrontations at sea between Chinese and Philippine ships as Beijing steps up efforts to push its claims to nearly all of the South China Sea. Japan, which occupied the Philippines in World War II, is negotiating a defense pact with Manila that would allow the countries to deploy troops on each other's territory. Tokyo is also helping to modernize the fleet of the Philippine Coast Guard, a key entity in Manila's efforts to assert its sovereign rights over the South China Sea.
Source:Philippine Star
June 28, 2024 20:15 UTC
People stand in front of the portion of a damaged canopy at Terminal 1 following heavy rainfall at the Indira Gandhi International Airport in New Delhi, India June 28, 2024. REUTERS/Priyanshu SinghA roof collapsed under heavy rainfall and winds at the main airport in India's capital New Delhi on Friday, killing one person and leading to the cancellation of flights from a domestic terminal, officials said. At least 10 flights were cancelled and 40 were delayed, according to data from flight tracking platform Flightradar24. The incident happened at 5 a.m. (2330 GMT Thursday), usually a busy time for domestic flights carrying people across the country, a statement from the airport posted on X said. GMR Airports Infrastructure, which operates Delhi International Airport, is also its top shareholder with a 64% stake.
Source:The Standard
June 28, 2024 14:21 UTC
Albay 1st district Rep. Edcel Lagman, the primary author of the Absolute Divorce bill, says the measure is a continuation of his crusade on human rights. Lagman said the Absolute Divorce bill would primarily serve abused women, battered and abandoned wives. He said House Bill (HB) 9349 was a 'pro-woman' legislation and hoped that it would be enacted into law. He sought to convince more senators to approve the bill. Lagman, a practicing Catholic, said that divorce was not a religious issue but a public right.
Source:Manila Times
June 28, 2024 14:01 UTC
First Six Months of Fiscal 2024 Financial Highlights:- Total revenue was RMB45.3 million ($6.4 million) for the six months ended December 31, 2023, identical to the same period in 2022. - Gross profit decreased to RMB12.1 million ($1.7 million) for the six months ended December 31, 2023, from RMB13.1 million ($1.8 million) for the same period in 2022. - Gross margin decreased to 26.7% for the six months ended December 31, 2023 from 28.8% for the same period in 2022. First Six Months Fiscal 2024 Financial Results:RevenueTotal revenues for the six months ended December 31, 2023 were approximately RMB45.3 million ($6.4 million), a decrease of approximately RMB0.3 million ($0.04 million) or 0.7% from RMB45.6 million ($6.4 million) for the same period in 2022. The RMB5.4 million ($0.8 million) increase in net interest income was primarily due to the increased short-term investments we invested during the six months ended December 31,2023.
Source:Manila Times
June 28, 2024 13:28 UTC
STOCKHOLM, June 28, 2024 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that as of June 28, 2024, the total number of issued shares of common stock is 84,816,615 of which 80,079,757 shares are outstanding. Autoliv retired 1,309,606 shares of common stock that had been repurchased during the quarter which resulted in a decrease in the issued shares. The Company now has a total of 84,816,615 issued shares of common stock of which 80,079,757 shares are outstanding. Each share of outstanding common stock is entitled to one vote. After the retirement of the repurchased shares, Autoliv holds 4,736,858 shares of common stock in treasury which have no voting rights or rights to participate in distributions under Delaware law.
Source:Manila Times
June 28, 2024 12:59 UTC
BACOLOD CITY — Residents of La Castellana, Negros Occidental, have another hurdle to face following the eruption of Mt. The Department of Health (DOH) has found concentrations of coliform bacteria in at least 13 water sources in the town that is closest to the volcano. READ: Kanlaon Volcano blast ruins crops, taints waterSuba-an, in an interview on Wednesday, advised residents not to drink water from sources that had not been declared safe. The DOH also chlorinated water sources and disseminated information to educate the public on proper handwashing and cleanliness. Kanlaon’s explosion on June 3 initially caused 4,000 La Castellana residents to evacuate, but most of them were allowed to return home last week.
Source:Philippine Daily Inquirer
June 28, 2024 09:03 UTC
Local district councillors have taken the opportunity to learn about power quality, as CLP Power held 14 workshops for them on electricity-related topics. Around 250 community leaders were briefed about developments in the power sector last month when the city's power giant shared information about its energy-saving promotion, as well as knowledge and mitigation measures for voltage dips. Separately, over 1,500 property management professionals attended a seminar on continuing development and learned about electric vehicle charging and voltage dips. "We understand that members of the public are very concerned about power quality. "We also leverage our power expertise to provide free technical advice and support to our customers to minimize the impact on their equipment."
Source:The Standard
June 28, 2024 05:33 UTC
Marcos to name new DepEd secretary before end of JunePresident Marcos and Vice President and Education Secretary Sara Duterte repaint chairs in a classroom during a visit to the Victorino Mapa High School in San Miguel, Manila yesterday as part of the annual ‘Brigada Eskwela’ aimed at preparing schools for the opening of classes on Aug. 29. MANILA, Philippines — President Ferdinand Marcos Jr. on Thursday said he would reveal his pick for the new secretary of the Department of Education by the end of the week following Vice President Sara Duterte's resignation from the position. In an interview with reporters, Marcos said that the education department should not be left without a head as it is "possibly (and) arguably the most important department." "I will probably be able to, I would like to be able to announce the appointment of the DepEd Secretary by the end of the week. The president said Duterte did not explain why she resigned as DepEd secretary and co-vice chairperson of the National Task Force to End Local Communist Armed Conflict — a development that observers believe finalizes the political showdown between the Marcos and Duterte families well ahead of the 2025 midterm elections.
Source:Philippine Star
June 28, 2024 03:25 UTC
Report to be released at approximately 7:00 AM CEST on July 12, 2024on One live video webcast for analysts, investors, and journalists at 10:00 AM CESTSTOCKHOLMJune 27, 20247:00 AM CESTJuly 12, 2024/PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2024 will be published at approximatelyon. The company will issue a press release with the complete financial report attached, including tables, in PDF format. Join the webcast or please go to www.ericsson.com/investorsTo ask a question: Access dial-in information hereThe webcast will be available on-demand after the event and can be viewed on our website. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.comThis information was brought to you by Cision http://news.cision.comAdvertisementhttps://news.cision.com/ericsson/r/invitation-to-media-and-analyst-briefing-for-ericsson-q2-2024-report,c4001977The following files are available for download:https://mb.cision.com/Main/15448/4001977/2868066.pdf Invitation to media and analyst briefing for Ericsson Q2 2024 report Advertisement
Source:Manila Times
June 27, 2024 19:54 UTC
A police constable stationed at Government House in Central was hit by a private car making a U-turn and sent to hospital on Thursday morning. The officer was hit by the private car outside the gate and sustained an injury to his right foot. He was sent to hospital in a conscious state as the driver stayed at the scene to aid police investigation. The driver suspectedly traveled down the wrong path and attempted to make a U-turn outside Government House. Since the car was blocking the traffic towards Garden Road, the officer then approached to handle the matter.
Source:The Standard
June 27, 2024 18:03 UTC
The road ahead for Modi and IndiaThough his party didn’t win the landslide victory he hoped for, Prime Minister Narendra Modi has secured a rare third five-year term as India’s prime minister. Given all these structural challenges, India could fail to develop as Modi promises, leaving the country more vulnerable to social and political instability, fueled in part by the Hindu Nationalism that Modi himself has amplified. As we saw last year when India hosted the G20 summit, Modi wants India to become a vitally important bridge between the developed and developing worlds. Given all these structural challenges, India could fail to develop as Modi promises, leaving the country more vulnerable to social and political instability, fueled in part by the Hindu Nationalism that Modi himself has amplified. As we saw last year when India hosted the G20 summit, Modi wants India to become a vitally important bridge between the developed and developing worlds.
Source:Philippine Star
June 27, 2024 17:31 UTC
MANILA, Philippines — The Department of Agriculture (DA) plans to distribute in September some P12 billion in cash aid to help rice farmers meet their daily subsistence and personal needs. The DA is providing P5,000 to each of the 2.4 million rice farmers who are eligible beneficiaries under the Rice Farmers Financial Assistance (RFFA) program, which is funded from the excess tariff collections from the importation of the staple food. READ: Review of rice tariffication law pushedAny amount exceeding this can then be used for the RFFA and other programs to help rice farmers. Compensation schemeThe RFFA seeks to provide relief to eligible rice farmers throughout the implementation of the RTL, which was enacted in 2019 and will lapse in 2024. Under this program, rice farmers who are tilling two hectares or less are compensated for their projected reduction or income loss as a result of the lifting of the quantitative restriction on rice imports.
Source:Philippine Daily Inquirer
June 27, 2024 09:33 UTC
When asked how he intended to prevent Hong Kong from further sanctions, Lee said “building a strong team” is what he could do to ensure the city can protect itself and win support from allies. He noted that the world is not monopolized by one or two countries, with the world shared by almost 200 countries holds a lot of new opportunities for Hong Kong to capitalize on. He said places like Asean, Central Asian and Middle Eastern countries as well as Peru are full of investment and business potential. Lee, who is currently subject to US sanctions, did not participate in last year's APEC meetings in San Francisco, citing "scheduling conflicts." In his absence, Hong Kong was represented by Financial Secretary Paul Chan Mo-po.
Source:The Standard
June 27, 2024 08:19 UTC
‘Prosperity of the desert countries’I am taking a vacation, and along with this vacation is my choice of topics. On my way to this vacation, I spent two highly packed touristic days through one of the typical prosperous countries in the Middle East -- Qatar. The oil embargo that OPEC (Organization of Oil Exporting Countries) initiated on oil-importing nations in 1973 was led by Saudi Arabia. Saudi Arabia is the most powerful nation in this region with a per head GDP of $71,370 and a population of 37 million people. The World Bank describes countries with gross incomes between $4,466 to $13,847 as upper middle income developing countries.
Source:Philippine Star
June 27, 2024 07:27 UTC
BEIJING, June 27, 2024 /PRNewswire/ -- This is a report from China.org.cn about multilingual versions of "Keywords to Understand China: Organizational System of Governance":Fourteen bilingual versions of "Keywords to Understand China: Organizational System of Governance" were unveiled at the 30th Beijing International Book Fair on June 20. The book series aims to help people around the world understand China's new ideas and measures in modernizing its state governance system and governance capacity. Gao Anming, editor-in-chief of China International Communications Group (CICG), addressed the event. He said that after years of development, the "Keywords to Understand China" program has expanded its scale and presence both domestically and internationally, effectively enhancing global understanding and recognition of Chinese civilization, China's development path, and China's propositions, thereby helping the world better understand China. AdvertisementMultilingual versions of 'Keywords to Understand China' releasedhttp://www.china.org.cn/china/2024-06/26/content_117274750.htm
Source:Manila Times
June 27, 2024 07:16 UTC