With presidential, congressional and local elections all scheduled for next year, 2015 looks set to be a time of heated political debate in the Philippines. Issues such as constitutional reform, good governance and the perennial battle against corruption are likely to dominate discussion, alongside continued disagreements over how best to share the proceeds of economic...
A series of reforms initiated by President Benigno Aquino III in the last few years have pumped spending into infrastructure and opened key industries to outside investors. The reforms prompted a series of upgrades to the Philippines’ credit ratings and echo initiatives taken in the region as it prepares for the inauguration of the ASEAN Economic Community (AEC) in 2015...
Bounded in the west by the South China Sea (known locally as the West Philippine Sea) and in the south by the Sulu and Celebes Seas, the Republic of the Philippines borders Taiwan in the north and lies east of Vietnam. Of the 7107 islands making up the archipelago, only around 1000 are believed to be inhabited. A history marked by successive waves of human migration has...
Situated in the northernmost tip of the island province of Palawan, Coron has long been known as a premier diving destination for underwater explorers. Whereas the western neighbouring municipality, El Nido, boasts larger limestone formations and extensive beaches, impressive landscapes and underwater scenery has turned Coron into an...
Prior to the enactment of the Corporation Code in 1980, corporations did not have the express power to merge or consolidate. Nevertheless, this lack of express statutory authority did not deter corporations from concluding de facto mergers or consolidations that enjoyed not only considerable popular support but also explicit judicial recognition....
The telecoms sector is witnessing a rapid change in technological evolution, as the launch of 4G and long-term evolution (LTE) services gets under way. With the prevalence of smartphones and the popularity of social networking, chatting and online video games, high-speed mobile broadband is expected to see robust growth. The two major operators, the...
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