The cost of administering the Maharlika Investments Fund (MIF), the Philippines’ sovereign wealth fund to be established should the bill seeking its creation be passed into law, is alarming many Filipinos. Its ability to generate the “consistent and stable investment returns” that its proponents tout is also raising loud questions. One wonders how the Fund...
Category: News
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Nemenzo, candidate for UP president, receives outpouring of support
Of the six candidates seeking the presidency of the University of the Philippines, UP Diliman Chancellor Fidel Nemenzo has received an outpouring of support not only from students and faculty but also from national artists, scientists and academicians. Last week, 10 national artists and 53 UP professor emeriti signed a statement backing Nemenzo for fulfilling...
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COP27 outcome ‘best ever,’ but fight for climate justice far from over
Climate expert Tony La Viña summed up the outcome of the 27th United Nations Climate Change Conference (COP27) in Egypt in this way: the best ever for not only climate justice advocates but fossil producers, too. “COP27 is the biggest victory ever for climate justice advocates in the last 30 years,” La Viña, associate director...
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Digging for clues to Abra’s earthquakes
Last Oct. 25 at about 11 p.m., my earthquake alert app sounded while I was finalizing the visual material for my presentation at NIGSCON 2022 in two days. I would be discussing the magnitude-7 temblor that struck the province of Abra three months ago at the annual conference of the University of the Philippines’ National...
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Oxytocin and a smooth talker are the drivers behind romance scams
“Michelle” would have known it was one of the popular cons had she read more about it sooner, but “Perry” was one smooth operator. Waking up after half a sedative pill had sent her to la la land, she put two and two together. She’d fallen hook, line, and sinker for a romance scam, and...
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Intellectual apartheid and UP’s decline in international university rankings
In the latest report by the Times Higher Education-World University Rankings (THE-WUR) for 2023, the University of the Philippines declined from its 2022 bracket of 601-800 to the 801-1000. This resulted in UP losing its top position among Philippine universities and being overtaken by Ateneo de Manila University, which placed in the 351-400 bracket. The...
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Dolphin discovery hints at unexplored biodiversity-rich marine habitat
A rare Irrawaddy dolphin found dead in the waters of Calabanga, Camarines Sur, has suggested to scientists a rich marine biodiversity corridor yet to be discovered and explored in the eastern side of the Philippines. Named “Calab” by the Bureau of Fisheries and Aquatic Resources (BFAR) and the Philippine Marine Mammals Stranding Network (PMMSN), the...
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From pandemic to epic: amazing graces
SYDNEY—Up till boarding time at the Ninoy Aquino International Airport, I continued to receive calls and text messages from friends wanting to know if I was proceeding with my trip. My departure for my nth visit to my daughter Giselle in Sydney would have been uneventful if not for the concern roused by news about...
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Offspring of veterans of the struggle recall martial law life and lessons
“I distinctly remember the letters our parents gave us, telling us how much they yearned to be with us, and that they look forward to the time that we can be together as a family… My parents did not impose their principles and belief on us, but rather gave us the freedom to discover for...
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Impunity may become institutionalized gov’t policy
In seeking to quash the inquiry of the International Criminal Court (ICC) into the Philippines’ “war on drugs,” President Ferdinand Marcos Jr. may be institutionalizing impunity for the systematic mass violence under his predecessor. “Impunity” occurs if perpetrators of human rights violations and other crimes are able to avoid any procedure that can lead to...