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‘Foreign Exchange’ Articles

RP proposes common visa for ASEAN countries

The Philippines proposes the adoption of common visa among citizens of the Association of Southeast Asian Nations (ASEAN) in a bid to boost investments, particularly in the tourism sector. The Full Article

Sec. Clinton announces $5.2M more for flood relief assistance

AMERICA, through U.S. Secretary of State Hillary Clinton announced an additional $5.2 million in disaster relief and recovery assistance to the Philippines, upping the US aid to almost $20 M since Full Article

RP, Indonesia ties mark 60th year

Philippines and Indonesia ties mark 60 years. Established in 1949, key players of the two neighboring countries have gathered to celebrate the major gains of the Philippine-Indonesia bilateral ties. Full Article

SSEAYP friendship cruise begins; RP first stopover

Japanese liner Fuji Maru, the cruise that promotes camaraderie between Japanese and ASEAN youths, is bringing in 350 youth ambassadors from ASEAN countries. They are participants to the 36th Ship for Full Article

ASEAN leaders eye intra-regional connectivity

At the 15th ASEAN Summit and Related Summits, ASEAN leaders eyes intra-regional connectivity wanting to enhance both in terms of transportation and communication. ASEAN has the potential to become Full Article

PGMA, 9 ASEAN leaders cite need for rice reserve

President Gloria Macapagal-Arroyo, together with the 9 ASEAN leaders, want to set up a permanent regional emergency rice reserve due to the increased frequency and intensity of natural disasters that Full Article

Reconstruction Commission may borrow from China’s $15-B fund

The National Public-Private Reconstruction Commission may borrow from the People’s Republic of China’s $15 billion commercial credit. This is to repair infrastructure projects damaged by Full Article

US arrest: A breakthrough in protection of Filipino children and fighting human trafficking

The US arrest of a 64-year-old American citizen for allegedly coming to the Philippines in 2007 and 2008 to engage in illicit sex with two Filipino girls is a breakthrough in protection of Filipinos Full Article

PGMA to attend 15th ASEAN Summit

President Gloria Macapagal-Arroyo is to attend the 15th Association of South East Asian Nations (ASEAN) Summit and Related Summits in Thailand on Oct. 23 – 25, 2009. ASEAN will announce the Full Article

DOF backs bid to extend travel tax exemption in EAGA

The Department of Finance (DOF) backs bid to extend travel tax exemption to all passengers traveling in the Brunei Darussalam-Indonesia-Malaysia-the Philippines East ASEAN Growth Area (BIMP-EAGA). In Full Article

DBP partners with USAID for clean energy investments

The Development Bank of the Philippines (DBP) is partnering with the United States Agency for International Development for clean energy investments through a memorandum of understanding signed last Full Article

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