Abstract

The year 2012 saw President Benigno Simeon Aquino III continue the firm pursuit of his program of good governance. The removal from office of Chief Justice Renato C. Corona, the arrest and detention of former President Gloria Macapagal Arroyo, the filing of formal charges against her relatives and political associates, the dismissal of Aquino's own appointees for alleged corrupt practices, and efforts to make government transactions transparent were among the significant indicators of the administration's efforts toward good governance. The determined pursuit of good governance has established a widely acknowledged positive business environment for the country. The year 2012 also saw the passage of two landmark act of legislation: the Sin Tax Reform Law and the Reproductive Health Law.

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