"The desire of foreign monopoly capitalists in the US to acquire lands in PH is an open book. It is not a best kept secret. The monopolists in the US also want 100 percent ownership of other profitable sectors in the Philippines including but not limited to mining, eco-tourism, energy, public utilities, mass media, oil and gas, health and education."
Korea wants to secure a total of 380,000 hectares of overseas farmland by 2018, the agriculture ministry said in an e-mailed statement today. Priority countries include the Philippines, Cambodia, Ukraine, Indonesia and Russia.
An international fact-finding team is in the country to investigate the alleged land-grabbing by Philippine, Japanese and Taiwanese companies of some 11,000 hectares from indigenous peoples in Isabela to build the biggest bio-ethanol project in the Philippines.