When President Duterte spoke before the Makati Business Club during one of the presidential debates leading to election day, Philippine business chose not to be offended by punctuating expletives or the deflective ramblings that tried to mask a scant knowledge of economic policy. Businessmen, however, believed that candidate Duterte kept at the stage a seemingly reliable economic team headed by who would become today’s finance secretary. The SSS has declared it will increase membership contributions, and business is not too happy with having to raise its share. Labor wants to have a minimum wage hike, which again has been met with vocal objections from the business sector. The above is a partial list, but it shows how much needs to be done to win back business.

Source: Philippine Star October 25, 2017 16:30 UTC