THE ARREST of former President Rodrigo R. Duterte could shake the sentiment of foreign investors, analysts said, though this is unlikely to make a significant dent on the Philippine economy.
“From an economic point of view, I guess this will undoubtedly affect the so-called political risk premium that investors compute and look at when they have to make decisions about their portfolio and direct investments,” ISEAS-Yusof Ishak Institute Senior Fellow Jayant Menon said on Money Talks with Cathy Yang on One News.
Mr. Duterte arrived in the Netherlands on Wednesday evening, after he was “surrendered to the custody of the International Criminal Court (ICC).” He faces allegations of crimes against humanity linked to his war on drugs that has killed thousands.
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