Seoul's submarines stuck en route to Manila
Despite Philippine defence undersecretary Irineo Espino's visit to South Korea last month, progress in Manila's submarine purchase deal is slow, hampered by Hanwha Ocean's supply difficulties with TKMS.
With the Pentagon's full support, the US fund Cerberus will act as a kingmaker for all the Philippine Navy's projects at the Agila Subic shipyard. The first dossier it will handle is the construction of a base for submarines that Manilla plans to buy from either South Korea or France.
By selling the Philippines its Scorpene submarines, France hopes to help the South East Asian country to set up a major submarine force. Its offer is competitive with another from South Korea but nevertheless faces a number of legal, commercial and political obstacles.
Sitting just south of the Taiwan Strait in the South China Sea, the Philippines is pouring money into modernising its armed forces, starting with the navy. Paris, which is poised to appoint a defence attaché to Manila, is pushing to have French industry involved.
After recruiting personnel in Latin America and India to cut back on costs, Western security companies are looking increasingly at the Philippines.
According to East Asian Affairs (Indigo Publications), quoting business sector [...]
President Fidel Ramos, who commanded the Philippine Constabulary (PC) for 12 years before it became a civilian service last year [...]
According to official sources, rebels of the New Peoples Army (NPA) still hold two Americans: a retired sixty-three year old [...]
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