In this photo released by Malacanang Palace in Manila, President Benigno Aquino III holds the new design of Philippine pesos during the launching of the new generation of Philippine banknotes at the Presidential Palace in Manila Thursday Dec. 16, 2010 in the Philippines. The new peso bills, all of which will have a much stricter security features, pay tribute to Filipinos who played significant roles in the nation’s history as well as world heritage sites and iconic natural wonders of the Philippines.