Monday, 18 October, 2021


China to donate P1.1 billion for Marawi rehabilitation

Modi has'deep conversation with Chinese Premier China to donate P1.1 billion for Marawi rehabilitation
Bennie Garza | 15 November, 2017, 20:09

"We have full confidence that under your leadership, Mr. President, and the leadership of your government, the rebuilding of Marawi will be completed at a very early date", said Li in a news conference with Duterte at the presidential palace. Defense officials ended the war on October 23, or exactly five months later.

He assured Duterte that China remains committed to helping the Philippines as it proceeds to rehabilitating Marawi City.

Sino-Philippine relations have improved since Duterte's election previous year as he sought to downplay his nation's maritime row with China over the South China Sea in favour of billions of dollars in trade and investment.

The meeting between Mr Modi and his Chinese premier come on the backdrop of India joining the United States, Australia and Japan in floating the Quadrilateral tie up structure essentially to counter Chinese influence in the region and also globally.

Li Keqiang also told worldwide delegates and journalists in Manila said that China's greatest hope is for peace and stability in the South China Sea.

Moreover, former Philippine President Gloria Macapagal Arroyo, who is now a national legislator, told a gathering of business leaders and ministers during the ASEAN Business and Investment Summit that China has emerged to become a collaborator in Southeast Asia, rather than a threat.

Li praised the Philippines for successfully combating terror acts perpetrated by the militants in Marawi City.

"China and all the other members of the global community firmly support the fight against terrorism in all forms. Your victory against terrorism is result of your own efforts", he said. "It's a symbol of the critical help, the crucial moment when we needed most and there was nobody to help us at that time", he said.

On June 27, the Chinese government donated P15 million for the relief operations in Marawi. Like you Mr President said, China and the Philippines are close neighbors.

As of September, China has donated a total of P85 million, according to Lorenzana.

A signing of various memoranda of agreements will also take place Wednesday.

The Chinese and the Philippine economies are highly complementary, and their cooperation enjoys great potential, Li said.

"We express our gratitude to [Chinese] President Xi Jinping and kindly extend to him my warm feelings and including the Filipino people".

"We look forward to a more robust, more productive relations in the days to come. You have proven to be a good friend of the Philippines", he said.

"Maybe in the future, the Philippines would also show its debt of gratitude to China for all of the fundings, public works, bridges and all", he added, referring to other forms of aid from Beijing.

The Philippines, he said, is willing to enhance cooperation with China in such fields as connectivity, finance, innovation and others.

Recommended

loading...
...
  • Charlotte Flair Wins SmackDown Women's Title, Big Changes To Survivor Series Card

    Charlotte Flair Wins SmackDown Women's Title, Big Changes To Survivor Series Card

    Baron Corbin will go on as planned after Corbin retained his United States title against Sin Cara tonight. A new champion crowed on Smackdown tonight changes a match for Survivor Series this Sunday.
    Kenya top court hears bid to annul re-run poll

    Kenya top court hears bid to annul re-run poll

    The chief justice later denied the Reuters report on the security issue and said the police had "enhanced" the judges' security. The Supreme Court was created by a 2010 constitution that followed a violent political crisis three years earlier.
    The Early 2018 World Series Favorites

    The Early 2018 World Series Favorites

    People expected this young Yankees team (which still has more significant talent on the way from AAA) to start competing in 2018. Taking into account a few articles and odds listings that are already out there, here’s our look at the top contenders. 1.
  • Medtronic plc. Ordinary Shares (MDT) Analysts See $0.96 EPS

    Etrade Capital Management Llc decreased Pepsico Inc (NYSE:PEP) stake by 8,301 shares to 45,162 valued at $5.22M in 2017Q2. The company was maintained on Friday, November 10 by BMO Capital Markets. 1 analysts gave its stock an Outperform rating.
    Carrie Underwood 'doing great' after surgery on wrist

    Carrie Underwood 'doing great' after surgery on wrist

    Carrie Underwood just had surgery on her injured wrist and the good news is that she's about to feel a lot better. In a tweet Wednesday morning , Underwood said "all went well" and that she is "doing great".

    Lenovo's New Moto Tablet Will Be An AT&T Exclusive

    Diving into the specifications of the tablet, the Lenovo Tab 7 flaunts a 6.98-inch display with a resolution of 1280 x 720 pixels. There is no official word on whether Motorola has any plans of releasing Moto Tab to other carrier networks or outside the US.
  • The Walt Disney Company (DIS)- Critical Performance Analysis under Limelight

    The Walt Disney Company (DIS)- Critical Performance Analysis under Limelight

    The Walt Disney Company is an entertainment company. ( DIS ) by 59.14% based on its latest 2017Q2 regulatory filing with the SEC. Ubs Asset Management Americas Inc expanded its ownership by buying 121 shares an increase of 3.6% from 06/30/2017 to 09/30/2017.

    International Business Machines Corporation (IBM)

    Adapts, IBM Stock Should Follow" published on October 30, 2017, Fool.com published: "Why International Business Machines Corp. Its down 8.24% from 2.99M shares previously. 76,305 shares or 30.12% less from 109,193 shares in 2017Q1 were reported.

    Will help develop anti-spam app in India

    Apple has been fighting the India government over approving an iOS app to block spam calls and texts in the region for some time now.
  • Subaru Enters Large Crossover Segment With Ascent 3-Row LA Reveal

    Subaru Enters Large Crossover Segment With Ascent 3-Row LA Reveal

    Naturally, Subaru is making sure everyone knows about their new arrival by means of teasing us to the lines of the new crossover. The Ascent will make its global debut at the Los Angeles Auto Show during the press launch at the Subaru booth.
    Miranda Kerr and Evan Spiegel Are Expecting Their First Child Together

    Miranda Kerr and Evan Spiegel Are Expecting Their First Child Together

    I was so happy to have him out and connect with him and breastfeed him. Miranda Kerr is expecting her first child with husband Evan Spiegel .
    South Korea urged to invest more in Philippines

    South Korea urged to invest more in Philippines

    The tensions triggered by North Korea's missile tests were not mentioned during the opening statements of Duterte and Moon. Both leaders said the relationship between the countries had been redefined as a "Special Strategic Partnership".

Overdosing Nicotine: Should You Be Concerned? A lot of effort has been made to educate the public on the dangers of smoking, but most of the time, it has yielded no fruits. Symptoms of Nicotine Symptoms Though you may not get poisoned from vaping, one way or another, e-liquid may get to your skin.

6 SORE MUSCLES EASING REMEDIES THAT TRAINERS RELY ON Although no one enjoys the pain of muscle tears, many people find the final result worth the discomfort they experience. He then recommended that you should follow it up with low-intensity cardio routines, or a simple yoga session.

When to Consult a Tax Professional When to Consult a Tax Professional Typically, capital transactions are actually taxed at lower rates than standard income, but holding assets can get complicated. If you take care of someone financially or have children, definitely check with a professional tax preparer or accountant.

Top Reasons to Consider a Tax Advisor for your Business Top Reasons to Consider a Tax Advisor for your Business Tax advisors can also help to provide you with educated business advice, asset management, and discuss retirement plans with you. Hiring a tax accountant allows you to spend more of your precious time on your business, rather than worrying over your taxes.

A DETAILED GUIDE ON ESCAPE HOUR A DETAILED GUIDE ON ESCAPE HOUR Mental health Generally, once you get into these escape rooms, you don’t get out the way you were before you got in. Getting unstuck from a rut If you are always too engulfed in your routine, one day you will want to do something different.

Twenty-first Century Fox, Inc. - FOX - Stock Price Today Ltd. now owns 6,544 shares of the company's stock worth $178,000 after buying an additional 3,589 shares during the last quarter. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold.

Sprint is now offering free Hulu service with its Unlimited Freedom Plan Sprint is now offering free Hulu service with its Unlimited Freedom Plan In addition, Sprint and Hulu are in talks about offering Sprint Unlimited customers an upgrade option for Hulu's live TV service. T-Mobile already provides free Netflix for unlimited-data subscribers while unlimited-data AT&T users can get HBO gratis.

Russia's Kaspersky Lab Hopes to Continue Working With Barclays in UK Russia's Kaspersky Lab Hopes to Continue Working With Barclays in UK Both Barclays and GCHQ have stated that neither organisation has been in contact with the other about any potential breaches.

Miss International 2017 Crowns New Beauty Queen in Japan Miss International 2017 Crowns New Beauty Queen in Japan Take a glimpse at one of the world's four major beauty pageants, which has just wrapped up in Tokyo. The daughter of Christopher de Leon and Sandy Andolong failed to make a spot in the Top 15.

Pakistan summons Indian diplomat to lodge protest over ceasefire violations Pakistan summons Indian diplomat to lodge protest over ceasefire violations On October 31, a 12-year-old girl Gulnaz Akhtar was injured in Pakistani firing at Karmara village. This is unedited, unformatted feed from the Press Trust of India wire.

Taking a Fresh Look at United Parcel Service, Inc. (UPS) Masters Capital Management Llc decreased Textron Inc (NYSE:TXT) stake by 250,059 shares to 249,941 valued at $11.77M in 2017Q2. The stock of Nevsun Resources ( USA ) (NYSEAMERICAN:NSU) has "Buy" rating given on Friday, September 8 by Scotia Capital.

Are Investors Finding Value in United States Steel Corporation (NYSE:X)? The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The firm had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.07 billion.

Amazon gives Prime members discounts at Whole Foods Amazon gives Prime members discounts at Whole Foods Whole Foods Market just offered customers a revealing "sneak preview" of what its Amazon Prime Rewards program will look like. Several other items will get price cuts, too, including Chobani yogurt, Applegate hot dogs and Tom's of ME toothpaste.

ON Semiconductor Corporation (ON) Announces Earnings Results The semiconductor company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.04. According to their observations and findings, the stock could provide a high EPS of $0.39/share and a low EPS of $0.34/share.

So Long: Jeff Long out as athletic director So Long: Jeff Long out as athletic director During Long's time as athletic director, Arkansas became conference champions 29 times and continued to 123 post-season playoffs. According to multiple reports, Jeff Long is out as the school's head of the athletic department.