Opinion is divided on whether the common man will benefit if the government licenses these gambling houses; analysts are skeptical even about tourism benefits The massive integrated resort is the sixth casino to be licensed in Vietnam. Elsewhere, in tourism-haven Phu Quoc Island, local leaders have been looking for investors for a casino planned since 2007. Ha Giang and Quang Binh provinces have apparently never jettisoned plans to build casinos on a rocky UNESCO geo-park and next to a natural reserve named in UNESCO's world heritage list. RELATED CONTENT Vietnam province sticks to casino, golf plans for UNESCO geoparkVietnam licenses Las Vegas-style casino They are all part of an intended casino-building spree across Vietnam, where entry barriers for foreign investors are much higher than in neighboring countries, as the government looks to significantly boost tourism and tax revenues amid the economic crisis. But analysts raise two important questions: What role will … [Read more...] about Vietnam’s casino rush in the offing, but will it be a silver bullet?
Top islands in the philippines
Singapore continues to top ASEAN in terms of attracting investments from the world’s biggest economies of China, India, the US and Japan, the country’s Straits Times reported. The latest quarterly Economic Insight review of the Institute for Chartered Accountants in England and Wales (ICAEW) showed that over 50 percent of foreign investments from these four countries are destined for Singapore. Notably, up to 97 percent of Indian investments are poured into the island country. The study, which focuses on ASEAN’s largest economies of Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam, found that China’s investment pattern looks different from the others, as it has allocated substantial amounts of money to Myanmar, Laos and Cambodia, 11 percent, 7 percent and 8 percent, respectively. Meanwhile, each of the other three giants has less than 0.1 percent of their investments in these emerging nations. It also noted that the competition for … [Read more...] about Singapore tops ASEAN in investment attraction from world’s Big Four
When he saw his commander holding the severed head of one of his neighbours, teenage Islamist fighter Jalil knew it was time to escape from Marawi City. Churches and homes had been ransacked, people had been shot or taken hostage, and now Philippines government troops, planes and helicopters were pounding the Islamic State loyalists who had taken over large parts of the town on May 23. Six days into the occupation, 17-year-old Jalil said he came across a crowd of fellow fighters led by rebel chief Abdullah Maute, including a boy who looked about 10. They were cheering the beheading of a Christian from Jalil's neighbourhood who was accused of being a spy. "Abdullah Maute was holding a man's head, he was shouting 'Allahu akbar' (God is Greatest)," said Jalil, who spoke on condition his identity was not revealed to protect him from reprisals. "They chanted with him. At that point, I realised I had to get away. I wanted no part in this." Jalil's story could not be … [Read more...] about Islamists lure youngsters in the Philippines with payments, promise of paradise
The southern archipelago is getting more international recognition for its beauty and history. Vietnam’s Con Dao listed among top secret islands on the planet Con Dao - not just a pretty island CNN included Vietnam's Con Dao island chain on a list of crowd-free Asian getaways on Friday. Last month, New York-based Travel + Leisure included Con Dao on a list of the best secret islands on Earth. In 2016, the islands made the Lonely Planet's list of top 10 must-see places in Asia. “Once a penal colony known as the Devil's Island of French Indochina, this 16-island archipelago off the Mekong Delta has turned to more peaceful pursuits in modern times,” CNN said. In addition to diving, enjoying palm-shaded beaches, exploring rainforest trails, tourists can spend time taking in wildlife, which includes a large population of nesting sea turtles They can pay a visit to Con Dao Prison where French colonists jailed Vietnamese soldiers during the 19th century or hire a … [Read more...] about Vietnam’s Con Dao tops island bucket lists
The president has brought the iron-fist approach he used to rule Davao to the capital Manila. Rodrigo Duterte has kept his word. "Forget the laws on human rights," he declared in May at his final presidential campaign rally in Manila. "If I make it to the presidential palace, I will do just as I did as mayor. You drug pushers, hold-up men and do-nothings, you better go out. Because, I'd kill you." More than seven months after winning the presidency, Duterte is rolling out on a national scale the model of government he honed over 22 years and seven terms as mayor of this city on the southern island of Mindanao. Just as in Davao, blood is now flowing in the capital Manila and surrounding areas as the police and vigilantes, inspired by the president, conduct a wave of killings. A Davao-based human rights group, the Coalition Against Summary Execution (CASE), has compiled figures showing that death squads in the city were responsible for at least 1,400 documented killings between 1998 … [Read more...] about Blood and benefits: Duterte imposes his formula on the Philippines