The Republic of Korea (RoK)'s Minister of of Trade, Industry and Energy Cheong In-kyo on December 26 said that the RoK-Philippines free trade agreement (FTA), set to take effect next week, will help the country further bolster its trade portfolio and contribute to maintaining a stable supply chain.

Philippine President Ferdinand Marcos Jr. is seeking cooperation opportunities with the Emirates Nuclear Energy Corp. (ENEC) of the United Arab Emirates (UAE) in a bid to diversify the Southeast Asian country's energy sources.