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ON DISTANT SHORE By Val G. Abelgas On August 23, 2010, President Aquino had barely warmed his seat in Malacanang when a disgruntled police officer hijacked a tourist bus and took hostage several Hongkong tourists, touching off a crisis that tested Aquino’s mettle in leadership and diplomacy. Eight of the tourists were killed along with the hijacker in the bungled rescue operation that was witnessed Read More …
By NESTOR MATA MALAYA ‘The just-concluded May mid-term national elections were dominated by familiar names of political dynasts and celebrities.’ THE elections are over, the results are known, and the winning candidates have been proclaimed. And, lo and behold, we see that the familiar names of political dynasts and celebrities dominated the ballots of the machine-conducted May 13 senatorial, congressional and local elections. The mid-term Read More …
By DUCKY PAREDES MALAYA ‘From 2010 to 2012, the Philippines received FDIs totaling only $5.9 billion, a measly amount compared to Indonesia’s $52.5 billion and Vietnam’s $23.5 billion.’ CONSIDERING the successive credit rating upgrades from various international agencies, long-term, capital-intensive investments ought to be coming in droves. In March, Fitch Ratings upgraded the country’s credit rating to BBB minus — investment status. The primary beneficiaries Read More …
By Karim Rahemtulla, Investment Director Oil & Energy Daily Back in March, we talked about Myanmar – and the massive investment opportunity taking shape there. I know it sounds like an obscure country with limited prospects, but I assure you, it’s not. And I’ll have even more information for you once I get back from the Myanmar 2013 Investment Summit in Hong Kong. But today, Read More …
By Miles Yu The Washington Times China is challenging a key American policy toward Japan: the unambiguous U.S. support of Japan’s sovereign rights to the Ryukyu island chain, including the key strategic island of Okinawa. The United States does not officially take sides in disputes between China and Japan over the hotly disputed Senkaku Islands, also called the Diaoyu, but Washington repeatedly and unequivocally has Read More …
Kaleidoscope By Perry Diaz There is a new virulent disease that infected a group of people in Washington, DC. So far, the Centers for Disease Control and Prevention (CDCP) cannot isolate the organism that’s causing the mysterious disease. It’s so mysterious that it makes a lot of people wonder when – not if – they would be infected by the disease. But for some strange Read More …
“Democracy cannot succeed unless those who express their choice are prepared to choose wisely. The real safeguard of democracy, therefore, is education.” FRANKLIN D. ROOSEVELT By Alex P. Vidal We always maintain that it is not healthy for democracy if the government’s executive and legislative branches are always in honeymoon stage. More danger lurks if they end up as lovers. Rubber stamp legislatures have been Read More …
POSTSCRIPT By Federico D. Pascual Jr. The Philippine Star NOW THIS?: When communist hordes overran China in 1949 in the concluding chapter of a civil war, the Philippines gave aid and sanctuary to Kuomintang Chinese fleeing the mainland on way to Taiwan. Many of them settled in Manila and flourished in business. Now they are treating us like rubbish just because one of them was Read More …
By FR. SHAY CULLEN Last week, a Taiwanese fisherman died when a Philippine Coast Guard patrol boat open-fired after one of the four Taiwanese fishing vessels reportedly tried to ram the coast guard vessel. The incident occurred 43 nautical miles east of Balintang Island, in the West Philippine Sea well inside the 200 mile limit. Recently, the Chinese government sent a fleet of 30 fish Read More …
Source: The Economist Taiwan and China share the same maritime claims, but have very different interests IN THE convoluted dramas in the seas around China, Taiwan is often cast as a bit player, the optional extra to the lengthy lists of contending parties to the many territorial disputes. But the fatal shooting on May 9th of a 65-year-old Taiwanese fisherman by the Philippine coastguard has Read More …