Facebook Pixel Toxic politics and stability | The Philippine Star - newspaper - Lee esta historia en Magzter.com
Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

Toxic politics and stability

The Philippine Star

|

December 03, 2024

EYES WIDE OPEN

- IRIS GONZALES

Toxic politics and stability

In a country previously disrupted and set back for years by failed coup d'états, one can understand why businessmen get the jitters whenever the military gets involved or, in the recent case, when they are dragged into the ongoing and messy family feud.

Last week, business and civic organizations expressed concern over the worsening conflict between the Marcoses and the Dutertes. They issued a strongly worded joint statement titled "Upholding the Rule of Law."

Businessmen know all too well that even coup rumors or ramblings in the military alone are enough to send jitters to the country's financial markets.

Remember that 1989 coup, said to be the most serious attempt against the administration of then president Corazon Aquino? Businessmen estimated that the mutiny caused the economy some $1.5 billion.

So when an ex-president or some political force tries to persuade the military into rebellion or something like it, he is no doubt threatening the stability of our constitutional order and country.

Said the business groups in their statement:

"The resolution of political disagreements must adhere to legal and democratic processes. Resorting to threats, incendiary rhetoric or any form of violence has no place in a nation founded on the rule of law. To this end, we strongly urge all public officials and political leaders to demonstrate restraint, uphold the dignity of their offices and prioritize the welfare of the Filipino people above political interests."

MÁS HISTORIAS DE The Philippine Star

The Philippine Star

ACEN powers InLife offices with 100% RE

Ayala-led ACEN Corp. has forged another renewable energy deal with insurance giant Insular Life (InLife), this time to power the latter’s corporate headquarters in Makati and Muntinlupa.

time to read

1 mins

February 27, 2026

The Philippine Star

The Philippine Star

Why does so much health information leave us feeling unwell?

There has never been more health information available to the public.

time to read

2 mins

February 27, 2026

The Philippine Star

The Philippine Star

Where the view defines luxury: A new level of living at Bern Baguio

There is a certain moment when you arrive in Baguio—when the air cools, the scent of pine lingers, and the city slows just enough for you to breathe differently.

time to read

2 mins

February 27, 2026

The Philippine Star

ICC allows Duterte to skip detention hearing

Pretrial judges of the International Criminal Court (ICC) have allowed former president Rodrigo Duterte to skip the scheduled hearing regarding his detention this Friday.

time to read

1 mins

February 27, 2026

The Philippine Star

Imee defends Bato amid prolonged absence

Sen.Imee Marcos has defended her colleague in the minority, Sen.

time to read

2 mins

February 27, 2026

The Philippine Star

DepEd presents plan for Al in education

A national framework for regulating artificial intelligence in public schools has been presented by the Department of Education (DepEd).

time to read

1 mins

February 27, 2026

The Philippine Star

The Philippine Star

Rice farmers may earn more as NFA eases buying rule

Rice farmers can now earn more from selling their produce to the National Food Authority (NFA) after the state-run agency relaxed its moisture content requirement, allowing for more palay to be bought at a higher price.

time to read

1 mins

February 27, 2026

The Philippine Star

The Philippine Star

Gov’t seeks $10.3 B ODA loan deals - Go

The Philippines is pursuing 25 additional loan agreements worth 10.3 billion from several countries, as well as sovereign loans for infrastructure projects, Finance Secretary Frederick Go said yesterday.

time to read

2 mins

February 27, 2026

The Philippine Star

The Philippine Star

Why improving tourism's competitiveness is crucial for PH property

The Philippines' international arrivals remain disappointingly low compared to our ASEAN peers.

time to read

2 mins

February 27, 2026

The Philippine Star

The Philippine Star

SPACE AND SELF-LOVE:

How home and work environments affect well-being and performance

time to read

2 mins

February 27, 2026

Listen

Translate

Share

-
+

Change font size