The son of former Philippine president Cory Aquino, heroine of the 1986 People Power movement, said yesterday he would run for president, putting him among the front-runners for next May's election.
While economists have applauded Senator Benigno "Noynoy" Aquino's likely platform of clean government, they have also pointed to his lack of executive experience and doubts about his ability to bring economic reform.
"I accept the plea of the nation. I also accept the instructions of my parents,"Mr Aquino said at the same hall where his mother, who died last month, was proclaimed president over 23 years ago."I accept the responsibility to continue the fight for the country."
At least six other candidates, mostly senators, have said they will contest next year's vote.
"Noynoy doesn't seem to have solid credentials apart from being the good guy and son of a couple of national heroes," an analyst said.
Some analysts have said an Aquino presidency may be slow to amend the 1987 constitution adopted during the rule of his mother. Reform of some of that document's economic provisions,which include restrictions on foreign investment, is seen as key to promoting growth.
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