PHILLIPINES
China deploys aircraft carrier off Philippine coast amid tensions over South China Sea
China's second aircraft carrier 'Shandong' has been deployed to patrol waters off the Philippine coast amidst growing tensions over territorial claims in the South China Sea, serving as a deterrent against perceived provocations. The carrier's presence is seen as a signal of China's resolve to protect its sovereignty amid escalating maritime conflicts with Manila. The deployment follows China's introduction of a new law authorizing its coast guard to detain foreign ships and crews in contested waters.
Indian ships in Philippines to boost maritime cooperation
Three Indian Navy ships, INS Delhi, INS Shakti, and INS Kiltan, have arrived in Manila to strengthen maritime cooperation with the Philippines. The ships are part of an operational deployment of the Eastern Fleet to the South China Sea. They will engage in professional interactions, sports fixtures, cultural visits, and community outreach programs.
Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN, arrives im Phillipines
The Indian Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, has arrived in Manila, Philippines, starting its overseas deployment mission to ASEAN countries. With 25 National Cadet Corps (NCC) cadets on board, it aims to expand the reach of the Puneet Sagar Abhiyan internationally. This deployment, from March 25 to April 12, is focused on enhancing cooperation, interoperability, and demonstrating India's capabilities in marine pollution response to ASEAN nations. The ship had previously been deployed from September 11 to October 14, 2023, as part of India's ASEAN initiatives for marine pollution response.
Content creators worry about miseducation in a world without TikTok
The US House of Representatives overwhelmingly passed a bill last week that will give TikTok's Chinese owner ByteDance about six months to divest the US assets of the short-video app, or face a ban. It's the greatest threat since the Trump administration to the app, and to the content creators who reach wide audiences and often earn their living on it.
Pro-Khalistani-gangster nexus similar to Dawood-Chhota Rajan rivalry that led to '93 blasts, NIA probe finds
The two main gangs at loggerheads now are those of Lawrence Bishnoi and Kaushal Chaudhary, similar to the rivalries of underworld dons Dawood and the now jailed Chhota Rajan. The federal agency is investigating more than a dozen cases involving terrorist-gangster syndicates and PKEs and have arrested more than 45 suspects. ET joins the dots.
Kovind panel studied simultaneous poll processes in 7 counties including S Africa, Germany, Sweden
According to the report, a comparative analysis of other countries was drawn while dealing with the issue of simultaneous elections. The aim was to study and adopt the best international practices to ensure fairness and transparency in elections.
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US issues guidelines on defending Philippines from South China Sea attack
The six-page "bilateral defence guidelines" agreed in Washington on Wednesday follow a renewed push under President Ferdinand Marcos Jr to update the Mutual Defense Treaty with the former colonial ruler, at a time of increased tension and maritime confrontation with China.
India & Philippines sign agreement for grant funded projects
The agreement will provide a legal framework for bringing India’s rich and varied development experience to the Philippines, Kumaran added. He underlined that the choice of QIPs would be based on the priorities of the Philippines Government and noted in this context that Philippines President Ferdinand R. Marcos Jr had identified several focus areas such as agriculture, health, education etc.
#TrailingSpouse: This start-up boss didn’t think twice, moved to Manila to support his wife’s career
The start-up boss shared an illuminating account of tough career decisions in his LinkedIn post.
India-Philippines connection from Jataka Tales to national flower
“Yoga, India’s civilizational pathway to holistic wellbeing, continues to attract enthusiasts in the Philippines cutting across gender, class and age. The pandemic accelerated the adoption of yoga in the Philippines, especially as it helps build a robust immune system among its other health benefits.
Flight of FPIs continues; equities worth Rs 31,430 crore sold in June so far
Going forward, FPI flows to remain volatile in the emerging markets on account of rising geopolitical risk, rising inflation, tightening of monetary policy by central banks, among others, Shrikant Chouhan, Head - Equity Research (Retail), Kotak Securities, said.
Boxing: Govind, Ananta, Sumit strike gold; India ends Thailand Open with 10 medals
Sahani and Sumit, the reigning national champion, dominated their bouts from start to finish and won with identical 5-0 margins against local pugilists Natthaphon Thuamcharoen and Peetapat Yeasungnoen respectively.
US recommends approving Google, Meta undersea data cable to Asia
The Biden administration urged the Federal Communications Commission to grant licenses for the companies to send and receive data on the existing 8,000-mile Pacific Light Cable Network.
China issues warrant for Suncity boss over illegal cross-border gambling syndicate
Casinos and most forms of gambling are illegal in mainland China, and Macao is the only Chinese city allowed to operate a casino. Mainland visitors are able to travel to Macao to gamble but are required to obtain a visa. In 2019, China's state-owned news agency Xinhua accused Suncity of targeting mainland gamblers with online gambling and proxy-betting operations based in Cambodia and the Philippines. Suncity denied the allegations.
FPIs remain net sellers in November at Rs 949 cr
At the same time, they pumped Rs 3,745 crore in the debt segment. This translated into total net withdrawal of Rs 949 crore.
FPIs invest Rs 13,269 crore in Indian markets
In reversal of a two-month selling trend, foreign portfolio investors (FPIs) in June turned out to be net buyers by investing a net Rs 13,269 crore in Indian markets. This could be attributed to improvement in investor sentiments on the back of consistently falling coronavirus cases in the country and hopes of an early opening of the economy, said Morningstar India Associate Director (Manager Research) Himanshu Srivastava.
Philippine fintech firm raises $167 million from KKR & Co, Tencent
Voyager Innovations has raised $167 million from parent PLDT Inc., and KKR & Co. and Tencent Holdings, for its expansion programme, including a venture into digital banking.
FPIs invest Rs 14,886 cr in first half of January
FPIs invested a net Rs 18,490 crore into equities but pulled out Rs 3,624 crore from debt segment between January 1-15.
Flights from countries like US have already come, organising more: Jaishankar to Aaditya Thackeray
Jaishankar said he appreciated the cooperation of the Maharashtra government in making necessary arrangements to bring back residents of the state stuck in other countries due to the coronavirus outbreak.
OYO expanding international footprint in Philippines: Sources
The SoftBank-backed company, which ventured into international markets in 2016, already has a presence in the UK, the UAE, China, Indonesia, Malaysia, and Nepal.
China playing out its ‘Three Warfares’ strategy against India in Doklam
The strategy involves public opinion/media, psychological & legal warfare. The strategy has been a critical components of China's plan for S China Sea and beyond.
Conduent names Lokesh Prasad CEO of Asia Pacific
Conduent has more than 12,000 employees in India, an additional 8,500 in the Phillipines and 700 in Malaysia.
TCS to hire 6,000 more coders in Philippines
TCS is looking at increasing its headcount in the Philippines to 10,000 from about 4,000 currently, as it looks to grow in new geographies to service clients.
Hindu religion in danger because of its 'protectors': BJP MP Udit Raj
Udit Raj said if the doors of temples are closed for Dalits then they would go to Church, Mosque, and "we would not be responsible for that".
Former SpiceJet Chief Avili's NIDA rooms enters Phillipines
Asia's first Virtual Hotel Operator (VHO) NIDA Rooms has been launched in Philippines. It is targeting 1,000 partner hoteliers by the end of this year.
Practo sets foot into Indonesia, expands presence in Phillipines
Practo, the Bengaluru-based healthcare platform said it is localizing its app to enter Indonesia, one of the most populous countries in the world.
Sanjiv Chaturvedi, Anshu Gupta win Ramon Magsaysay Award
India's Sanjiv Chaturvedi & Anshu Gupta will be conferred with the prestigious 2015 Ramon Magsaysay Awards 'for stoking fresh hopes for a better Asia.'
UltraTech drops out of race for Holcim-Lafarge assets
Industry experts point out that recent acquisition of JP Associates' MP unit by Ultratech has quelled KM Birla's appetite for acquisitions in the cement sector.
Bill to settle Bangladesh border dispute to be introduced in Budget Session
UPA has been in discussions with opposition parties to reach a consensus on the agreement that would demarcate the boundary between the two nations.
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