It may not be entirely fair to blame martial law in Mindanao as the cause of sluggish business in the island. But business prospects in strife-torn Mindanao are not good, unless the peace and order situation dramatically improves. Investment pledges in Mindanao dropped 61 percent in the first six months of 2017 to P6.87 billion from P17.74 billion year-on-year. Notwithstanding the BoI data, Mindanao remains a promising investment region. A prolonged martial law in the entire island, meanwhile, may not be good for business and further dampen investors’ sentiment in the region.

Source: The Standard July 20, 2017 16:05 UTC