FREEPIK
How powerful is the Philippines when measured against other nations? How much influence do we wield in global affairs?
To answer these questions, we first have to define what constitutes “power.” For much of history, power was defined by territorial reach, size of population, national wealth, military might or a combination thereof.
These attributes are referred to by political scientists as “hard power.”
But globalization has changed the world order. With borderless trade, open migration and multilateral alliances as the new norm, the definition of power had shifted to something completely different. Power is now defined as the ability to control people and events, the ability to influence decisions, the ability to act towards producing a desired effect, the ability to convert mindsets and the ability to get others to do what you want, not through coercion but by persuasion. These attributes are known as “soft power” and it is the world’s new benchmark of s
Who gets vaccinated first and how?
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
NAIA upgrade and the recovery of the aviation industry
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
The decision is final. The Original Proponent Status (OPS) awarded to Megawide Corp. to transform the Ninoy International Airport Complex into a world class airport was revoked with finality by the board of the Manila International Airport Authority (MIAA). In its official statement, MIAA cited the lack of financial equity as the reason for cancelling the OPS.
I was privy to the case and know that this is only a reason of convenience. Records show that Megawide met all the financial requirements of the government as early as November, 2020. It even issued secondary preferred shares at the Philippine Stock Exchange just to meet the minimum equity required.