scenes from a coverage
this week, the philippines hosted two mega international events -- the asean finance ministers' investor seminar held for a day at the manila pen and capped by a night of fun at fairmont hotel, then the three-day world economic forum at the shangri-la hotel and other venues at the country's wall street of sorts. the country hosted both events at a time when the philippine economy is experiencing a boom ( last year, philippine gdp growth was the fastest in the asean, and the second best in asia), its credit ratings upgraded into investment status by the three major debt raters last year (with standard & poor's even raising it further to one notch above the lowest investment grade level most recently). at the same time, there's undoubtedly the rising tension with china over the disputed south china sea, and the political squabbles in neighboring thailand, one of the founders of the asean sub-regional group some forty-seven years ago. another asean member, vietnam...