New People's Army News
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Philippine President Benigno Aquino signed a peace deal today with Muslim guerrillas after deadly attacks underscored the obstacles to ending a 40-year insurgency that has blocked investment in the country’s mineral-rich south.
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Philippine President Benigno Aquino’s deal with Muslim rebels provides the best chance since 2008 to extinguish a four-decade insurgency that has killed as many as 200,000 people and attract investors deterred by violence to the mineral-rich south.
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Cris Bual’s work for mining giant Xstrata Plc made him a target for Maoist rebels, armed bandits, or just about anyone with a gun for hire. When traveling from the relative safety of Davao City into the badlands of the Philippine island of Mindanao, Bual kept his schedule and route secret. That wasn’t enough to save him.
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Coca-Cola was losing the Philippines, where failure might have been the beginning of the end of our global business. By 1981, the nation was the world’s 10th-largest soft-drink market, but Pepsi had a 2-to-1 market share and the Coke bottler, owned by the Soriano family’s San Miguel Corp., warned that it could no longer sustain its losses unless Coke shared the burden.
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Boxing champion Manny Pacquiao, who was forced to drop out of high school, says he plans to build a university in the impoverished province where he is expected to win a seat in Congress following the May 10 Philippine elections.
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The Philippines’ state-owned Al- Amanah Islamic Bank may sell the nation’s first Shariah- compliant bonds to finance development in Muslim Mindanao , the poorest region and base of Abu Sayyaf separatist militants.
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Manny Pacquiao has proved he punches above his weight in the political arena too, with the champion boxer set to take a Philippines Congress seat from the family that’s ruled their impoverished area of Mindanao for years.
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Ricardo Istacion said he had the best meal of his life on April 19, feasting on fish, chicken and pork at a party thrown by Philippine presidential candidate Joseph Estrada to celebrate his 73rd birthday.
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Ricardo Istacion said he had the best meal of his life on April 19, feasting on fish, chicken and pork at a party thrown by Philippine presidential candidate Joseph Estrada to celebrate his 73rd birthday.
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