In celebration of Labor Day, Senator Loren Legarda today stressed the need to strengthen the protection of Filipino workers both here and overseas, citing the labor force’s significant contributions to the country’s economy and overall development.
Read MoreSenator Loren Legarda today said that the historic meeting between Kim Jong-un, the leader of North Korea, and President Moon Jae-in of South Korea should be a cause for celebration not only by the region, but also by the rest of the world.
“This is indeed a turning point in these countries rent asunder by the proxy wars of the big powers. It is a tribute to both leaders that they have overcome their differences and are moving towards unification. It only proves that there is hope for peace,” said Legarda, Chair of the Senate Committee on Foreign Relations.
Read MoreSenate committee on foreign relations chair Loren Legarda called Kim’s and Moon’s gesture a “huge step” toward ending decades of hostility and ridding the Korean Peninsula of nuclear weapons.
Legarda urged the government to “continue extending its support and hand of assistance in whatever way, in order to help the Korean Peninsula and the region at large achieve lasting peace and stability.”
Read MoreSenator Loren Legarda today welcomed the latest assessment of S&P, which affirmed the Philippines’ long-term credit rating of ‘BBB’ and short-term credit rating of ‘A-2’ with outlook revised from stable to positive.
Read More“Last year, the Philippines called on North Korea to ‘commit to making meaningful progress towards the peaceful resolution of the issues facing the Korean Peninsula.’ The agreement forged by the leaders of North and South Korea at the recent Summit – to end decades of hostility and to rid the Korean Peninsula of nuclear weapons – is a huge step in this direction.
Read More