Subic Bay was tagged as a “priority” site for infrastructure projects aimed at “supporting economic growth” in the Philippines, diplomats and defense officials of Manila and Washington said in a meeting. | FMangosingINQ /PDI
The two nations are allies bound by the Mutual Defense Treaty of 1951 — which the dialogue tackled as it resolved, among other things, to fully implement the Enhanced Defense Cooperation Agreement of 2014.
It further cited the BSD as saying that it “highlighted” Subic Bay as a priority, with regard to “high quality, private sector-led infrastructure investment as a means of supporting economic growth and enhancing connectivity in the Philippines.”Soon after the dialogue, Ely Ratner, US assistant secretary of defense for Indo-Pacific security affairs, tweeted on Saturday Ford’s visit at the Agila Subic Shipyard, which Carlson had earlier visited.
“Subic offers opportunities for the US and Philippine navies to strengthen mutual defense and enhance interoperability,” Ratner said.The strategically located commercial shipyard faces the West Philippine Sea and is located 260 kilometers from Chinese-controlled Panatag Shoal. In a forum hosted by the Washington-based Center for Strategic and International Studies early this month, Philippine ambassador to the US Jose Romualdez said “it [was] very opportune that the United States came into the picture.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Perpetual Help Altas rule NCAA beach volleyballSUBIC BAY, Zambales : The men's team of the University of Perpetual Help System DALTA clinched the championship of the National Collegiate Athletic Association (NCAA) Season...
Read more »
Digital transformation bills top House priority listBills that seek to expedite the country's digital transformation will be given priority when the House of Representatives resumes session on Monday.These measures include the...
Read more »
Welcome! You are invited to join a webinar: Colliers Philippines | Q4 2022 Philippine Property Market Briefing. After registering, you will receive a confirmation email about joining the webinar.Colliers invites you to its Q4 2022 Philippine Property Market Briefing happening on February 2, 2023 (Thursday), 2:00 PM via Zoom. Experts from Colliers will discuss the performance of the office, residential, industrial, and hotel sectors during the last quarter of 2022, and will offer insights and recommendations to help business leaders and industry stakeholders make informed business decisions over the coming months. The highlights will be discussed by Joey Roi Bondoc (Director, Research) and Kevin Jara (Associate Director, Office Services – Tenant Representation) and joining them as panelists are Paul Chua (Director, Capital Markets & Investment Services), Paul Ramirez (Senior Director, Valuation Services), Theresa Teodoro (Senior Director, Advisory Services), Dom Fredrick Andaya (Senior Director, Office Services – Tenant Representation), and Richard Raymundo (Managing Director, Colliers). This webinar is held in partnership with the Australian–New Zealand Chamber of Commerce Philippines, the Canadian Chamber of Commerce of the Philippines, the Organization of Socialized Housing Developers of the Philippines, the Department of Human Settlements and Urban Development, Subdivision and Housing Developers Association, Makati Business Club, the American Chamber of Commerce of the Philippines (North Luzon), British Chamber of Commerce of the Philippines, and our media partners, Philippine Daily Inquirer through Inquirer Property, ABS-CBN News Channel, Business World, Philstar Global, Business Mirror, and The Manila Times.
Read more »
Philippines looks to issue by June $3B in RTBs for OFWsThe Marcos administration plans to mobilize the Philippine diaspora into a potent pool of investors by offering by June this year as much as $3 billion worth of US dollar-denominated Retail Treasury Bonds targeting overseas Filipino communities.
Read more »
‘Only in the Philippines’ - BusinessWorld OnlineNeither netizens, newspaper readers, radio listeners, nor TV news viewers seemed surprised. It was as if it was just what they expected would happen, but one could almost hear their sighs of resignation. Some went on to perorate on the double standard of justice in these parts with which they are so familiar, or to […]
Read more »
Abby Clutario's 'Tadhana' debuts strong on iTunes Philippines | GMA MusicListen to Abby Clutario's rendition of 'Tadhana,' now out on all digital music platforms worldwide!
Read more »