If BBM had his father's cunning (he does not), he would use peace talks to demobilize the CPP & divide their mass base. This was how Marcos sr defeated the PKP-1930 with concessions. The peace you bargain for with the state could be the peace of the grave.
https://www.gmanetwork.com/news/topstories/nation/836688/joma-on-peace-talks-with-marcos-gov-t-why-not/story/