Officials seek to soothe investors spooked by Duterte

Manila

PHILIPPINE central bank governor Amando Tetangco sought to soothe investors spooked by President Rodrigo Duterte's rhetoric around his anti-drug war, with stocks poised for the longest outflow since 2007.

"If you take out the noise and look at the fundamentals, look at the economic programme, look at the quality of the members appointed to the economic team, then these are all solid," Mr Tetangco told bankers, traders and fund managers late on Thursday in Manila.