Hi Edward, Here are the most important news that you need to know. BEIJING — China is ready to resume oil and gas talks with the Philippines and handle maritime issues in a friendly and consultative manner, China President Xi Jinping told President Marcos here on Wednesday, Chinese state television reported. The Department of Migrant Workers (DMW) has asked labor attaches and recruitment companies to help overseas Filipino workers (OFWs) explain to their employers why they failed to report for work after a power outage prevented flights in and out of Manila on Jan. 1. So far, the DMW said it has provided food packs to 3,000 stranded workers and helped them rebook their flights. COOPERATION AT EVERY LEVEL President Marcos, shown here in a meeting with Li Zhanshu, standing committee chair of China’s National People’s Congress on Wednesday, says Manila’s relationship with Beijing is not defined by tensions in the West Philippine Sea. Rather, he says, it “extends to commerce, culture, education, investment, in trade and in every level.” —MALACAÑANG PHOTO Some clients of the Bank of the Philippine Islands (BPI) on Wednesday found their accounts debited twice for the same ATM transactions and point-ofsale purchases. Access to online banking services was later suspended as the Ayala-controlled bank worked to fix the problem. While Mr. Marcos may be reluctant to demand a more forceful action on this from China, considering that it is one of the country’s largest trade and investment partners, the extensive damage wrought by the illicit trade on our local economy cannot be ignored. |
Wednesday, January 4, 2023
Xi to Marcos: China ready to resume oil, gas talks
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