President Benigno S. Aquino III stressed the importance of implementing good governance in pursuit of real and sustainable progress in the country and the people as he warned those who are still living in deceit and corruption to be ready to face the consequences of their malevolent acts.

In his speech during the 65th anniversary celebration of the Development Bank of the Philippines (DBP) at the Penthouse of the Bulwagan ng Diwang Pilipino, DBP Head Office in Makati City on Friday, President Aquino expressed the unyielding and intensified efforts of the government to go after unscrupulous public servants who are getting wealthy at the expense of the Filipino people.

MANILA, Philippines (AP) -- The Philippine military said it killed three of Southeast Asia's most-wanted terrorist leaders in a U.S.-backed airstrike that significantly weakens an al-Qaida-linked network that had used islands in the southern Philippines as a hideout and training base.

The dawn strike targeting a militant camp on a remote island killed at least 15 people, including Malaysian Zulkifli bin Hir, also known as Marwan, a top leader of the regional Jemaah Islamiyah terror network, said military spokesman Col. Marcelo Burgos.