Aquino: Philippine typhoon rebuilding to cost $3B

The Philippines will need nearly $3 billion to rebuild parts of the country destroyed by the deadliest typhoon in its history, the presidential palace said on Saturday.

President Benigno Aquino 3rd told reporters in Tokyo late Friday that scores of towns and cities across the central islands that were devastated by Super Typhoon Yolanda (international name: Haiyan) needed national government help to clean up debris and restore damaged infrastructure.