Other nations are watching the incoming Philippine presidential elections closely as their investments are at stake.
In 2016 Labor and Business Forum held on Wednesday, April 20 at Shilla Stay Jeju Hotel in Jeju Island, South Korea, Philippine investment was one of the major topics discussed.
The 2-day forum, attended by 8-member East Asian states discussed mainly on overseas labor and investments. The Philippines is not a member but the focus of the two-day discussions was more on bringing business and investments to labor-oriented countries like the Philippines and Vietnam.
The forum summit was attended by China, Japan, South and North Korea, Hong Kong, Macau, Mongolia, and Taiwan.
“The Philippines alongside Vietnam is our first choice when it comes to labor force. The country also offers attractive business package to investors that’s why we are willing to send more investments by building more business infrastructures if the next president can lower the crime rate in as early as six months,” Japan’s Ministry of Health, Labour, and Welfare Senior Vice Minister Keigo Masuya told the delegates.
“Our main concern is the safety of our executives who may visit and stay in the country,” Masuya added.
On his part, South Korea’s Minister of Employment and Labor Phang Ha-nam said his country hold off almost a hundred manufacturing plants because of the current government’s failure to provide security to their nationals.
“We are just waiting for the next Philippine president to impose tougher action on crimes. Kidnapping of expats is our main concern and there have been reports of crimes committed to our brothers the needs government immediate action. We hope the next president can provide safety to our people. I heard one candidate from the south who is also leading the surveys can do this. We are happy that issues on crimes have been finally became a priority. I hope he wins so that our pending investments can pass through”, Ha-nam said.
Although both Ministers did not mention any specific candidate, supporters of Davao City Mayor Rodrigo Duterte believe that the ministers are referring to the Mayor.
It seems Asian countries with Philippine investments are not affected with the Mayor’s controversial “rape joke”.
Duterte distanced himself anew from his closest rival in the latest survey conducted by pulse Asia for ABS-CBN. /Lota Macasaet/