LAST year, for the first time in the history of Philippine tourism, the number of visitor arrivals in the country reached 3.9 million, more than 11 per cent higher than the 3.5 million arrivals posted in 2010.
LAST year, for the first time in the history of Philippine tourism, the number of visitor arrivals in the country reached 3.9 million, more than 11 per cent higher than the 3.5 million arrivals posted in 2010.
SHOULD Asian nations cut interest rates in order to head off an expected economic slowdown this year? Countries such as Australia and Thailand have already begun the process. Others widely regarded as preparing to follow suit include Vietnam and the Philippines.
ON JAN 6, when Philippine drug enforcement agents raided a sprawling compound inside the exclusive Ayala Alabang residential village in a south Manila suburb, what they found underlined a point many observers had been making for some time.
EARLIER this month, when Philippine President Benigno Aquino declared that Chinese New Year would be an official public holiday, he justified it by referring to the need to respect the nation’s cultural diversity.
IN A pattern that has repeated itself with depressing regularity for decades, yet another acrimonious debate has broken out in Manila about the wisdom of pursuing stalled peace talks with the rebel Moro Islamic Liberation Front (MILF).
President Benigno Aquino has stepped up efforts to lure foreign investors into the country, so far without much success. The country continues to be hobbled by widespread corruption and several long-running insurgencies.
However, the government has had some success in reducing the budget deficit. The president also remains popular with voters.
WHAT TO WATCH FOR:
My name is Dr Bruce Gale and I am a senior writer with the Singapore Straits Times. I studied at LaTrobe University (BA Hons) in Melbourne and later at the Centre for Southeast Asian Studies at Monash University (MA). My PhD thesis, which focussed on Malaysian political economy, was completed at the Malaysian National University (Universiti Kebangsaan Malaysia) in 1987.
From 1988 to 2003 I was Singapore Regional Manager for the Hong Kong based Political and Economic Risk Consultancy (PERC).
I have written several books and articles on Southeast Asian affairs, including Political Risk and International Business: Case Studies in Southeast Asia (Pelanduk Publications, 2007). Books on language include Mastering Indonesian: a guide to reading Indonesian language newspapers (Pelanduk Publications, 2008)