The news that President Duterte has given the go-signal for the resumption of oil and gas exploration in the West Philippine Sea has stoked intense investor interest in speculative stocks with a stake in drilling contracts frozen for years by the territorial dispute between the Philippines and China. As soon as the announcement was made, share prices of PXP Energy Corp. and Atok Big Wedge surged by nearly 50 percent. Apex Mining also gained 34.84 percent
Exactly five years ago today, I began writing as an opinion columnist of this paper, the Philippine Daily Inquirer (PDI). It has been a weekly ritual of “open(ing) a vein and bleed(ing) onto a page,” as one writer vividly describes the struggles of writing. I was a bit guilty of misrepresentation when I was interviewed for the job. Asked by then Opinion desk editor Rosario Garcellano and PDI president Sandy Prieto if I was confident I would be able to write an opinion piece on a weekly basis, I lied when I said I was. In truth, I was full of
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