Malaysia and Indonesia drilled for oil and gas in the South China Sea despite intimidation from Beijing. So why can't the Philippines?Malaysia and Indonesia drilled for oil and gas in the South China Sea despite intimidation from Beijing. So why can't the Philippines?

Hindi Ito Marites: A lesson in courage for President Marcos

2026/05/20 08:46
1 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

The Philippines has held back drilling for oil and gas in Recto Bank, for fear of offending an overreaching China. But Malaysia and Indonesia have faced the same threat, and succeeded in exercising their sovereign rights in their exclusive economic zones in the South China Sea.

There is, then, a lesson here for the Philippines’ leaders, especially President Ferdinand Marcos Jr. He has been stern about defending the West Philippine Sea against China’s incursions, but has so far failed to push exploiting the area’s rich energy resources. Rappler editor-at-large Marites Vitug has the story. – Rappler.com

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

No Chart Skills? Still Profit

No Chart Skills? Still ProfitNo Chart Skills? Still Profit

Copy top traders in 3s with auto trading!