Thu04242014

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PHL needs more tourism infrastructure

THE number of tourist arrivals in the Philippines was relatively flat for the first two months of 2014, prompting concern that the targeted number of such arrivals for this year would not be reached. The number of South Korean tourists dropped nearly 8.5 percent in January and February, while the number of American tourists increased 9 percent and that of Chinese visitors rose 40 percent.

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The Romeros’ foiled takeover of Subic ports

First of two parts

IT’S really amazing how 18 top officials of the Subic Bay Metropolitan Authority (SBMA), in 2010, “conspired” to ensure that controversial businessman Reghis Romero II and his son, Michael L. Romero—through the Harbour Centre Port Terminal Inc. (HCPTI)—could get exclusive control of port operations in the free port. Fortunately, the conspiracy was uncovered and foiled by other Subic port operators.

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Where’s the real political and economic power?

AN oligarchy is defined as a form of government in which economic and political power lies in the hands of the few. Countries with this kind of government are often controlled by a few prominent families who pass on their influence from one generation to the next. Inheritance is not a necessary condition for an oligarchic structure to exist.

Read more: Where’s the real political and economic power?

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