The bible of Philippine politics

Walang lugi! Duterte assures Jordanian bizmen of profit if they invest in PH


By Prince Golez

President Rodrigo Duterte on Thursday said he plans to create a department that would process documentary requirements for foreign investors in the Philippines.

Duterte allayed concerns that the country is mired by corruption and red tape.

“Maybe you’ve heard some other time about the Philippines being corrupt. Yes, most of them in the past. But I tell you know, I give you the solemn commitment that if you go there, it will be business with ease,” he said in a business forum in Jordan.

The President also assured Jordanian businessmen that their investments will yield fruitful returns.

“I will guarantee you the return of profit. There will be no corruption. And if you ask anything, even a toothpick, I will guarantee you can have my audience anytime of the day or night. And I can call the guy in front of you. But if I shoot him, you just walk away. Leave me with the police to talk about these things,” he said.

A total of nine business deals worth $64.675 million were signed between Philippine and Jordanian private firms during Duterte’s visit to the Arab state.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy