Shaky ground
Article Abstract:
The Philippines property development sector could be heading for a legal battle which would jeopardize real-estate projects. A Sep 1997 report from two Senate committees concludes that reclaimed land is public land, and that private ownership claims on reclaimed land represent a constitutional violation. Property developers have invested billions of dollars purchasing reclaimed land around Manila Bay from the government. Some government officials say the property companies also have a strong legal case, but some developers are postponing projects fearing a long, expensive legal battle.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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Shaky foundations: local bosses may let down presidential candidates
Article Abstract:
Two main contenders in the 1992 Philippine presidential race, Ramon Mitra and Fidel V. Ramos, are relying on their local party officials to deliver votes from the provinces. However, many local party officials are more preoccupied with the campaign for local posts. Given the unique circumstamces of Philippine local politics, presidential bets with organizations specifically designed to gather votes for their candidacy, such as former Marcos ally Eduardo Cojuangco, have a good chance of winning.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Explosive mix: shady drug allegations seep into presidential race
Article Abstract:
Gloria Macapagal-Arroyo, a presidential candidate in Manila, has been accused of protecting Alfredo Tiongco, a top illegal drug importer in the Philippines. The drugs issue is expected to play an important part in national politics over the coming months. President Ramos has declared war on the local drug lords, but Macapagal-Arroyo feels that the issue is being used in an underhand way in the election campaigns.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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