Row Intensifies Over Philippine Oil Privatisation

23rd Jul 1987, Reportage, ReutersLeave a comment

 23 July 1987  Reuters News English  (c) 1987 Reuters Limited  MANILA, July 23 – A row over the proposed privatisation of Petron Corp, a fully-owned subsidiary of the Philippine National Oil Co (PNOC), intensified as the Committee on Privatisation (COP) said overwhelming arguments favour the sale.  PNOC’s board of directors last month opposed Petron’s sale,…

Protests Mount Over Aquino’s Land Reform Program

23rd Jul 1987, Reportage, ReutersLeave a comment

23 July 1987 Reuters News English  (c) 1987 Reuters Limited  MANILA, July 23, Reuter – Protests by both landowners and poor farmworkers mounted today over the Philippines’ land reform program, while the country’s new Congress threatened to review all decrees signed by President Corazon Aquino.  Hours after Aquino signed the land reforms into law yesterday,…