Bangladesh’s central bank is to file a lawsuit against a Philippines bank for its role in one of the world’s biggest cyber-heists two years ago, a deputy governor said. Unidentified hackers stole $81 million from Bangladesh Bank’s account at the New York Fed in February 2016, using fraudulent orders on the SWIFT payments system. The money was sent to accounts… Read more »
Protesters have rallied outside the Chinese consulate in the Philippines capital, Manila, against China’s militarisation of the disputed islands in the South China Sea. Saturday’s demonstration came after local newspapers published images on Monday that showed China had transformed at least seven reefs into artificial fortresses, complete with naval and air facilities, including runways and helipads, declared by a UN… Read more »
The idea of building a shipping lane from one side of the country to the other, linking the Gulf of Thailand, or Gulf of Siam as it was known at the time, with the Andaman Sea and Indian Ocean, was first proposed by King Narai in 1677. Now, in 2018, the proposal is back.
Human rights groups and indigenous activists have accused Philippine President Rodrigo Duterte of inciting the military to commit war crimes after he offered a $384 bounty for each communist rebel killed. Last week, Duterte said he would train indigenous people, or lumads, to become paramilitary fighters and pay them 20,000 pesos ($384) for each communist rebel they kill in their… Read more »