Manila News: Recently, Philippine President Marcos Jr. stated in an interview that the government will discuss the lifting of foreign ownership restrictions on companies in key industries other than electricity and media, as stipulated in the constitution. In addition, during the interview, Little Marcos also expressed his willingness to amend the provisions of the Constitution related to political systems, including the term restrictions imposed on elected officials.

It is understood that the current constitution of the Philippines is based onIt was established in 1987 and has a history of 37 years to date. Philippine President Marcus Jr. believes that the constitution is no longer suitable for the development needs of the Philippines, such as regulations that restrict the proportion of foreign investment, which have been criticized by multinational corporations for excessive protection of domestic enterprises. The political restrictions on the term of office of officials have not prevented certain families from continuing to hold power.

But this statement has been questioned by Philippine opponents of the constitutional amendment, who believe that Marcos Jr. proposed the amendment in order to lift the presidential term limit, facilitate his re-election, and continue to hold power. According to the current Constitution of the Philippines, the term of office of the President of the Philippines is limited to one term, lasting for six years. The Philippine Senate immediately issued a statement condemning those who attempted to amend the constitution without the participation of the Senate, and vowed to prevent it.

Reuters reported that recently, the Thai Constitutional Court ruled that Pita, a member of the opposition Progressive Party and former Prime Minister candidate, is not guilty of violating election laws and has been reinstated as a member of parliament. Previously,Pita was suspended from membership in July last year due to being reviewed by the Constitutional Court. He was accused of holding shares in a media company and violating election laws, but he denied any misconduct. When the Constitutional Court recently announced its ruling, it stated that the court believed that the company in which Pita holds shares did not have broadcasting privileges and should not be considered a mass media, and therefore ruled that he did not violate the law.

It is reported that the Kadima Party of Thailand won more than half of the seats in the lower house of parliament in the national election in May last year. However, the Kadima Party's advocacy for amending the offensive monarchy law has angered the pro military upper house of parliament.Former leader of the Progressive Party, Pita, failed to pass the first round of Prime Minister's vote in the upper and lower houses of parliamentWas disqualified from nomination before the second round of voting. The Thai party, which won the second most seats in the election, ultimately eliminated the Kadima party and formed a coalition government with ten political parties, including pro military parties, making the Kadima party the largest opposition party in Thailand.

military affairs

01North Korea launches multiple cruise missiles into the West Sea

According to Agence France Presse, the South Korean Joint Staff Headquarters recently stated that North Korea has launched multiple cruise missiles into the western waters. This is the first time North Korea has launched a cruise missile in four months since September last year. According to observations, North Korea launched the Arrow-1 and Arrow-2 strategic cruise missiles. The Arrow-1 and Arrow-2 models are new long-range cruise missiles launched by North Korea in 2021 and 2022, capable of carrying tactical nuclear warheads and conducting nuclear attacks on the entire peninsula.

Cruise missiles do not use ballistic missile technology and therefore are not subject to sanctions under United Nations resolutions. But because it can fly at low altitudes, change orbits to break through defense, it is difficult to detect, track, and interceptNorth Korea is attempting to use cruise missiles as a means of delivering tactical nuclear weapons. Previously, North Korean leader Kim Jong un defined South Korean relations asAccording to military analysts, North Korea will frequently engage in military provocations before South Korea holds parliamentary elections in April this year, in the relationship between two hostile belligerent countries.

According to local media reports in Yemen, the Houthi militants have issued notices to United Nations agencies in their controlled areas not welcoming UN employees from the United States and the United Kingdom, requiring them to leave within a month. It is understood that there are currently about20 American and British citizens are working for the United Nations within the armed control zone of House.

Since October last year, a new round has taken placeThe conflict between Israel and KazakhstanSince the outbreak, the Husai armed forces have repeatedly attacked targets in the Red Sea using drones and missiles. Starting from January 12th this year, the United States and the United Kingdom launched consecutive airstrikes on armed targets in Hussein, resulting in multiple deaths and injuries. Spokesperson Saleh of the Hussai armed forces stated that the Hussai armed forces "will definitely retaliate against the US and UK attacks", and reiterated that the bombing by the US and UK coalition forces will not stop the Hussai armed forces from attacking ships related to Israel.

01Bank of Malaysia announces to maintain interest rates unchanged

Malaysia news: Recently, MalaysiaThe National Monetary Policy Committee of the Central Bank of China,conveneNowA two-day interest rate meetingAnnounceThe overnight policy interest rate remains at3%Keep it unchanged. This is MalaysiaThe first monetary policy meeting of the central bank this year,Economists generally believe that,The countryThe central bank will not raise or lower interest rates this year. CurrentlyThe 3% interest rate level will be maintained until this yearyearBottom.it is reportedthisalsoyesMalaysiaLast year, the central bankAfter a 25 basis point interest rate hike in May, the overnight policy rate remained unchanged for the fourth time, in line with market expectations.

The Bank of Malaysia pointed out that,Due to stable demand and easing cost pressures,MalaysiaBoth overall and core inflation continue to slow down,Expected for this year'swholeinflationlevelWill remain gentle. In terms of current interest rates,Malaysia'sMonetary policy can still support economic growth and is consistent with the current assessment of inflation and economic growth prospects. Central BankalsoWe will closely monitor the currencyFluctuations in order to adjust relevant policies in a timely manner.