The shooting of a Taiwanese fisherman by the Philippine coast guard has instigated yet another needless flashpoint in the rocky waters of Southeast Asia. Nationalistic governments fail to understand the order of the global economy.
Within the sometimes chaotic politics in ASEAN countries, there are patterns that good governance is emerging, with select members leading the bloc by example while others falter, writes Justin Calderon.
With the economic boom being seen in the Philippines, nouveau wealth is appearing in the country, boosting the property market. Experts are at strife about the question whether a bubble is in formation.