News

MANILA, Philippines — Philippine trade may face some headwinds due to a massive vessel stuck in the Suez Canal, which could result to delays in both imports and exports while driving shipping ...
Arab Finance: The General Authority of Suez Canal Economic Zone (SCZONE) is planning to borrow around EGP 19 billion from a local banking consortium to fund port development projects, two sources in ...
The Philippines imports over 80% of its annual oil requirements abroad, but it does so from countries like Saudi Arabia and Qatar that do not use Suez Canal to ship oil to Asia.
In 1956, an international crisis over control of the Suez Canal put Britain and France into direct conflict with President Nasser of Egypt, a proud Arab nationalist determined to stand up to ...
THE PHILIPPINES will feel the impact of the disruption of operations at the Suez Canal via the delayed flow of trade goods between Asia and Europe, as well as indirect consequences like higher ...
The mishap had led to the ship choking off the Suez Canal, a man-made strait that sees more than a tenth of all global shipping pass through every year, for almost a week. While it provided no end ...
A Suez Canal tugboat sank on Saturday and one of its crew was missing after it collided with a Hong Kong-flagged LPG tanker though shipping traffic in the strategically important waterway was ...