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July, 26, 2016

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  Arthur Cyr    Daniel J. Bauer    David Ting    
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Commentary > China Post > Special
When we think about financial planning and budgeting, what most easily comes to mind are the big money decisions -- taking out an insurance policy, putting funds into the stock market, drawing up a 20-year plan for the whole family.
 
Phillipines President Rodrigo Duterte is no climate change denier. In fact, in his very first Cabinet meeting, he declared: "Climate change is here. We were warned several years ago." He proceeded to underscore the vulnerability of our country to the effects of climate change by referencing Super Typhoon Haiyan, echoing what he had voiced out during the campaign period.
 
The Indian subcontinent was partitioned in 1947 into India and Pakistan on the basis of religion. Bangladesh was born 31 years later, in 1971, on the basis of nationalism, democracy and secularism. Democracy we lost first, in the mid-70s and then in the early 80s, and are yet to recover fully. Secularism, which was on a gradual decline, now faces its most severe threat.
 
A study of comparison and contrast: It's no surprise that many Filipinos look at Singapore on how to govern, and Singaporeans look at the Philippines on how not to govern.
 
My plane touched down at Dhaka airport at about the time when the joint security operation against terrorists at Gulshan's Holey Artisan Bakery was underway.
 
Isn't the murder of Qandeel Baloch, one of Pakistan's social media stars, as 'un-Islamic' as Zeenat Bibi's?
 
There is growing concern that countries with territorial disputes will follow the same legal path as the Philippines government and take their cases to the arbitral tribunal that recently ruled in favor of the Manila government.
 
The Philippine Left has a gift for mischievous phrase making, and last week's coinage was both obvious and effective. #Chexit, with the now-obligatory hashtag, quickly made the rounds. Inspired by the tumultuous campaign to consider Britain's exit from the European Union, the new catch phrase was code for the legal campaign to force China to "exit" the South China Sea.
 
Cross-strait exchanges are expected to continue despite an impasse between Taiwan and the mainland, said a Hong Kong-based National Committee Member of the Chinese People's Political Consultative Conference.
 
There is grave concern that the world economy is slipping into what Harvard professor and former U.S. Treasury Secretary Larry Summers calls global secular deflation. In simple terms, growth has slowed without inflation, despite exceptionally stimulative monetary policy. Summer's view is that advanced countries can use fiscal policy to stimulate growth, using massive investments in infrastructure. If need be, this can be financed by central banks.
 
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