Former Davao Oriental legislator calls for postponement of rebel amnesty resolutions in light of MSU bombing. Mayo Almario urges Congress to await investigation results before approving amnesty proclamations by President Ferdinand Marcos, Jr. House resolutions supporting amnesty for various rebel groups are set for Plenary consideration, but Almario emphasizes the need to hold wrongdoers accountable and avoid exploiting the country's peace efforts. Vice President Sara Duterte also opposes granting amnesty to rebels, calling it an 'agreement with the devil.' Stay updated on the latest developments.
Vice President Sara Duterte opposes President Ferdinand Bongbong Marcos Jr.'s move to grant amnesty to the Communist Party of the Philippines-New People's Army-National Democratic Front (CPP-NPA-NDF), calling it agreement with the devil. She emphasized the personal toll of terrorism and the need to continue efforts to end local communist armed conflict. Duterte's stance has sparked debate, especially as the government and the NDF recently agreed to a “principled and peaceful resolution of the armed conflict.” Duterte's call to review the proclamations and agreements has drawn criticism from progressive groups advocating for the resumption of peace talks. Stay updated on this developing story.
In a development that could ease banks capital requirements for offshore non-deliverable forwards (NDF) trades, LCH has said to banks that it has complied with norms prescribed by the RBI for QCCPs, sources aware of the development told ET. The LCH is one of the largest players in the global interest rate swap market.
(UPDATE) THE Philippine government and the National Democratic Front of the Philippines (NDFP) agreed to hold peace talks anew to end the decades-old conflict, Presidential Adviser on Peace, Reconciliation and Unity Carlito Galvez Jr. said on Wednesday.