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Biz chamber, DTI concentrate on funding promotion amid Duterte’s arrest


Biz chamber, trade dept focus efforts on investment promotion amid Duterte’s arrest

George Barcelon, chairman of the Philippine Chamber of Commerce and Business

MANILA, Philippines — The nation’s largest enterprise group as properly the federal government’s most important company in commerce and funding promotion on Wednesday mentioned they continue to be centered on financial progress and funding promotion regardless of the current arrest of former President Rodrigo Duterte.

George Barcelon, chairman of the Philippine Chamber of Commerce and Business (PCCI), acknowledged the surprising nature of the scenario however emphasised that it was too quickly to attract conclusions whether or not the arrest may have a big influence on the native enterprise atmosphere.

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“Nicely, up to now, what occurred, to be sincere, was surprising. So, as a result of it’s surprising, it’s too early to inform,” he advised reporters throughout an interview in Taguig.

READ: Duterte says he’s ‘accountable’ as ICC takes him into custody

Regardless of the event, Barcelon burdened that companies stay centered on financial actions.

“Nicely, life goes on. In our case, we’re within the enterprise aspect. As you may see, we’re very lively making an attempt to draw missions from different nations,” he added.

When requested concerning the problem, Commerce Secretary Ma. Cristina Roque mentioned her division stays centered on attracting extra investments to the nation regardless of current developments.

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“We simply returned from a visit, so we’re at present consolidating every thing and coordinating with all stakeholders to make sure a easy rollout of our initiatives,” she mentioned in a separate interview.

Roque not too long ago returned from funding promotion journeys to Japan and the USA, the place she sought to place the Philippines as a first-rate vacation spot for international traders.

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She added that their subsequent journey is scheduled for the tip of the month, with Israel as their subsequent cease.

Duterte was arrested on Tuesday upon his arrival from Hong Kong and was flown the identical day on a chartered flight to The Hague, Netherlands.



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He’s set to face trial earlier than the Worldwide Felony Court docket (ICC) for crimes towards humanity in connection together with his administration’s lethal battle on medication.



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