President Noynoy Aquino's Statement Regarding the Manila Hostage Crisis

The past May election resulted to President Benigno Aquino being elected as the President of the Philippine Republic. Looking forward to advance and bolster the economy by doubling tourist arrivals and reducing corruption, this was the goal of the administration. But the recent August 23 Manila Hostage crisis proves it wrong somehow. The benchmark stock index yesterday fell the most in 11 weeks and the peso had its biggest drop since June 7.

Moreover, in a recently held press conference, President Noynoy Aquino decided to break the silence and offer sympathy to those people included and involved in the said crisis. Here is President Noynoy Aquino’s official statement regarding the hostage crisis that happened last August 23, 2010 at the Quirino Grandstand:


P-NOY'S PRESS CONFERENCE VIDEO: