You are here

Duterte's next challenge: winning over investors

He calls for "healing" to calm markets, starts giving investors positive signals like relaxing ownership limits

BT_20160511_NAHDU11H85H_2272634.jpg
Despite the Philippines' economic gains over the past six years, poverty rates remain high, and Mr Duterte tapped rising discontent among millions of voters who feel they haven't benefited from the previous regime's reforms.

Manila

AFTER defeating his opponents in a heated presidential election in the Philippines, Rodrigo Duterte is seeking to calm markets with a call for "healing" as he seeks to win over Filipinos and investors watching closely for how he will manage the economy.

"Past days have been