Malaysia: PM Najib Razak has launched an economic reform initiative, the New Economic Model (NEM), which is geared to transform Malaysia into a developed nation by 2020. The problem with this lofty goal is that Malaysia is currently facing ascending competition, a marked decrease in foreign direct investment (FDI), and the fact that this reform […]
– South East Asia Times is reporting that the man killed in the Indonesian government’s raid in central Java is not Noordin Mohammed Top. The government will compare the DNA of the corpses of the man suspected of being Top to one of Top’s children, which may take up to two weeks. This may be […]
– Former Filipino President Corazon Aquino, the nations first female president, died at age 76 from colon cancer. Current president, Gloria Magapacal-Arroyo, who was a protege of Aquino, before a split with her over corruption charges, has declared a 10 day period of national mourning. Aquino is best known for being the widow of Benigno […]