NBI probe points to Coast Guard negligence

MANILA, Philippines – Initial findings in the investigation into the fatal shooting of a suspected Taiwanese poacher off Batanes last May 9 indicate criminal negligence on the part of Philippine Coast Guard (PCG) personnel involved, a source privy to the probe said yesterday. This developed as Justice Secretary Leila de Lima said a team of National Bureau of Investigation (NBI) agents is ready to fly to Taiwa read more...

Communist rebels raise P26M in Philippine polls

MANILA – Communist insurgents extorted P26 million (USD634,000) from campaigning politicians in the just-concluded Philippine mid-term elections, the military said Wednesday. But military spokesman Major Ramon Zagala said the figure was far short of the 500 million pesos they had been targeting, citing intelligence reports. The communist New People’s Army have in the past used elections in the Philippin read more...

Philippines and China: Conflict and cooperation

Public attention has understandably been focused on the 2013 midterm elections. However recent events serve to remind us that Philippine-China relations will continue to be a major issue for policy makers and the consequences of these policy decisions will have an impact on the daily lives of Filipinos. First, there was the completion of the composition of the UN Arbitration panel which will decide, by June or July read more...

Philippine Retailer Plans $800 Million IPO

By P.R. VENKAT And CYNTHIA KOONS Robinsons Retail Group, an operator of retail chains including Toys “R” Us and Topshop in the Philippines, has appointed banks to manage an initial public offering of as much as $800 million that is poised to be the country’s largest so far this year. The planned IPO for the retail chain owned by Philippine billionaire John Gokongwei co read more...

Philippine Bourse Signs Agreement to Pursue Debt Exchange Merger

The Philippine Stock Exchange Inc. (PSE) agreed with the nation’s bankers association and Singapore Exchange Ltd. (SGX) to pursue a combination of the country’s equities and bonds exchanges. The Philippine exchange signed a “basic memorandum of agreement” to merge with the debt exchange, President Hans Sicat said today in Manila. The bourse, Singapore Exchange and the Bankers Association of the Philippines read more...

How Taiwan Bungled the Philippine Crisis

The art of diplomacy involves not only the ability to maximize the returns for one’s country but also a keen awareness of the most propitious time to cease escalation. The dispute between Taipei and Manila over the killing of a Taiwanese fisherman by a Filipino coast guard vessel is a case study in how initially skilful diplomacy can quickly be undermined by missed opportunities. During the first days of the cris read more...

Saudi signs accord to protect Philippine maids

Saudi signs accord to protect Philippine maids | GlobalPost Follow us: <!– PRIMARY NAVIGATION –> Enlarge The Philippines said Monday it had signed a historic agreement with Saudi Arabia that would protect thousands of Filipina maids from being exploited in the Middle Eastern kingdom. read more...

Dubai designers to open, close Philippine fashion week

By Marge C. EnriquezPhilippine Daily Inquirer RONALDO Arnaldo A large package from Dubai, delivered by air freight, and an application to join Philippine Fashion Week (PFW) piqued the curiosity of producer-director Joey Espino several years ago. They came from designer Michael Cinco who had read about PFW online and went through the trouble of sending a sample of his exquisitely crafted gown. “Who wo read more...

Coin Toss Determines Mayor in Philippine Town

Getty Images / Cultura RF On Tuesday morning in the small Philippine town of San Teodoro, a local election came to a screeching halt when the two candidates running for mayor each received 3,236 votes. As chance would have it, a coin toss served as tie-breaker to determine the new mayor. (MORE: Filipino Clans, Celebrities Dominate Midterm Polls) Though a game of chance might seem like an arbitrary way to dec read more...

Philippines rejects Taiwan’s allegations of murder – The Japan Times

MANILA – The Philippines on Saturday rejected Taiwan’s allegations that its coast guard had intentionally murdered a Taiwanese fisherman whose death has triggered a major diplomatic spat. Hong Shi-cheng, a 65-year-old fisherman, was shot dead by the Philippine Coast Guard, who said his vessel intruded into Philippine waters. Chen Wen-chi, director of Taiwan’s Department of International and Cross-Str read more...

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