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Risky powers

Since 2012, the government had been warned that a shortage of electricity was very likely by 2015. That was after the Supreme Court stopped private investors from putting up a 600-megawatt coal-fired power plant inside the Subic free port. President Aquino ignored the warning, but now he wants emergency powers to tackle a power crisis predicted inevitable in the summer of next year.

Posted: September 23rd, 2014 in Editor's Pick,Editorial,Inquirer Opinion | Read More »

Other prisms

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A different prism on martial law came, over the weekend, from a Filipino who grew up in Argentina. To mark the 42nd anniversary of Marcos’ saving “democracy by bayonets,” Bino A. Realuyo wrote about “my belated awakening (that) came mostly from a Buenos Aires education.”

Posted: September 23rd, 2014 in Columnists,Columns,Editor's Pick,Inquirer Opinion | Read More »

Elephant in the room

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The silver lining is that “Mario” wasn’t as bad as “Ondoy.” Unnerving as the sight of Metro Manila turned into “Waterworld” was—you could see that in stark relief in aerial photos—Mario dumped only half as much rainwater as Ondoy. Although tell that to the residents of Marikina and Cainta, many of whom were driven out of their homes when the floodwaters rose. Marikina River in particular rose to 20 meters high and overflowed its banks, forcing residents to flee to higher ground.

Posted: September 23rd, 2014 in Columnists,Columns,Editor's Pick,Inquirer Opinion | Read More »

Marcos was the worst (2): The SC

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After the Aug. 21, 1971 Plaza Miranda bombing, President Ferdinand Marcos suspended the writ of habeas corpus. Proclamation No. 889, which allowed the police to make arrests without warrants and to detain the arrested without charges, took effect immediately but was announced to the public only after a few days. It seems clear now that the tactic was a dress rehearsal for the full-scale imposition of martial law the following year.

Posted: September 23rd, 2014 in Columnists,Columns,Inquirer Opinion | Read More »

Outdated restrictions

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In 2000-2011, we attracted an average of $1.1 billion in net foreign direct investment (FDI) inflows per year, a pittance against Singapore’s $14.8 billion, Thailand’s $4.5 billion, Vietnam’s $3.9 billion, and Indonesia’s $2.3 billion. But last year, our net FDI inflows already amounted to $3.9 billion, nearly four times the earlier average annual figure. Impressive? Not quite, once you consider that our neighbors have already pulled away even farther. Last year, Indonesia attracted $18.4 billion; Vietnam got $8.9 billion, Thailand $13 billion, and Singapore $61 billion. In short, given our neighbors’ figures, and considering our faster economic growth, we should have drawn in even more FDI than we did. So why didn’t we?

Posted: September 23rd, 2014 in Columnists,Columns,Inquirer Opinion | Read More »

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  • Opinion

  • Risky powers
  • Other prisms
  • Elephant in the room
  • Marcos was the worst (2): The SC
  • Outdated restrictions
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