With this, we anticipate a renewed boost in business and consumer confidence in Mindanao,” Pernia said, adding this could also translate into even better tourism prospects for the country. Consumer sentiment also turned more upbeat as the confidence index increased to 17.8 percent in the fourth quarter from 13.6 percent in the third quarter. The ensuing peace-building efforts will also help ensure stability in the Mindanao region and help attract longer-term investments and boost greater consumer confidence,” Pernia said. “The rehabilitation and recovery of Marawi are gargantuan tasks which the government must see through. We should all work together to build a better Marawi,” Pernia said.

Source: The Standard October 24, 2017 14:15 UTC