Voters in the Philippines appear to have delivered a resounding victory to President Benigno Aquino in midterm elections. The son of former President Corazon Aquino looks set to control both houses of Congress, giving him a mandate to continue his reform policies. His biggest worry now is making them stick.
Shrinking water levels threaten to cut Mindanao’s power supply by as much as a third just as President Benigno Aquino seeks to convince voters he’s reducing electricity shortages in the Philippines’ second-biggest island.
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.
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.
Chris Estrella, a Filipino social worker, says he led a troop of five porters out of a Mindanao jungle in January 2000 with a weather-beaten iron and leather box crammed with $25 billion of U.S. government bearer bonds.
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.