Just after midnight one sultry Friday in August 1987, Manila became a battleground as rebel troops attempted a coup against Philippine President Corazon Aquino. Two blocks from the besieged presidential palace, insurgents opened fire on a car carrying Aquino’s only son, a bespectacled and soft-spoken 27-year-old junior insurance executive nicknamed Noynoy.
Philippine President Benigno Aquino has ordered his guards to protect officials hunting tax evaders in an anti-corruption drive aimed at drawing investors to his country, which he says offers a “far greater” return than its Southeast Asian neighbors.
It was as close to a Stanley-meets- Livingstone moment as a 21st-century traveler is likely to get. After a weeklong odyssey involving planes, ferries, buses and motorcycles, I peered through sheeting monsoonal rain at a mist- shrouded island.
Philippine President-elect Benigno Aquino will implement “austerity measures” and focus public spending on helping the poor as he seeks to narrow the budget deficit without raising taxes, his incoming officials said.
Philippine tycoon Manuel Villar pledged to deliver “quick fixes” for the nation’s agricultural and infrastructure shortcomings should he defeat frontrunner Benigno “Noynoy” Aquino in the May 10 presidential election.