Back in business

Article Abstract:

The coming to power of Philippine president Joseph Estrada in Jun 1998 may signal the return to both the political arena and the brewing industry of tycoon Eduardo Cojuangco. Conjuangco was a close ally of deposed president Ferdinand Marcos but has not been close to the centre of power in recent years. Estrada hopes that ruling party members will elect Cojuangco as their party leader. Analysts also expect Estrada to return Cojuangco's 20% share in San Miguel Brewery Ltd. which was taken from him by a previous administration. Cojuangco may then regain the position of Chairman at San Miguel.

Beer & Other Malt Beverages, Breweries, Malt beverages, Brewing industry, Securities, Cojuangco, Eduardo, San Miguel Brewery Ltd.

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Move over Mao; hardline communist faction prepares to woo unions

Article Abstract:

Felimon Lagman split with the Communist Party of the Philippines in 1994 over strategic differences and today heads a splinter group that controls the party committee for metropolitan Manila. Lagman is seeking to build common ties with trade unions to legitimately participate in the political process. His group has had some success in establishing inroads with large trade unions according to Philippine military intelligence officers.

Labor unions, Philippine Communist Party

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