TMT FILE PHOTOREGARDLESS of who wins in the coming elections, business leaders hope that the next government will continue many of President Rodrigo Duterte's economic policies and programs. Vietnam, for instance, has imposed many foreign investment restrictions, and yet, it threatens to overtake the Philippines because of its faster pace of economic growth. Even more challenging for foreign investors, Vietnam controls the repatriation of income. Since then, economic policies have remained consistent, except, of course, when Beijing decided to open and liberalize its economy. Apolitical bureaucracyCarrying over major economic policies will be a good start but hardly enough.

Source: Manila Times April 24, 2022 04:11 UTC