SUBSCRIBERS
Duterte's next challenge: winning over investors
He calls for "healing" to calm markets, starts giving investors positive signals like relaxing ownership limits
Add BT as a preferred sourcePublished Tue, May 10, 2016 · 09:50 PM
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 virulent. I'd like to reach my hand out to my opponents," Mr Duterte, 71, said in a briefing in Davao City after Monday's voting. "Let's begin healing now." He claimed victory after preliminary results showed he secured about 39 per cent of the vote, and named some potential Cabinet members.
Share with us your feedback on BT's products and services
