Tag: Phillipines

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South China Sea ruling is legally binding US highlights

The US highlighted the United Nations arbitral tribunal's 2016 decision invalidating China's line claim in the South China Sea is 'final' and 'legally binding,' as the US is strongly against China's attempts to assert its 'unlawful' maritime claims. Namely, the US Department of State noted last weekend that breaching the tribunal decision that rejected China’s nine-dash line maritime claim would be against the law.

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KDB to help Hanjin Heavy stand on its feet

State-run Korea Development Bank announced it will help Hanjin Heavy Industries & Construction, South Korea’s oldest shipbuilder, to stand on its feet, following the shipbuilder's move to file for rehabilitation. KDB reported on February 13, that  it would help Hanjin Heavy negotiate with a number of Filipino financial institutions who are owed vast sums of money by the Korean yard. 

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Workshop to promote counter-terrorism treaties in South and South-East Asia

IMO and the United Nations Office on Drugs and Crime (UNODC), IMO security and counter-terrorism treaties, such as SOLAS Chapter XI-2 and the suppression of unlawful acts (SUA) instruments, conducted a cross-regional workshop in Bali, Indonesia to support the implementation of the treaties in South and South-East Asia for terrorist attacks. The workshop took place on 5 to 8 of February. 

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