philippine news

May 18, 2007

Foreign businessmen warn of investment slowdown

Manila Times

FOREIGN businessmen said Thursday that the rising number of political killings could discourage them from pouring more investments in the country.

Robert Sears, executive director of the American Chamber of Commerce, condemned the killings, calling them unacceptable.

He said the 100 deaths from extrajudicial killings ?have become an additional cause of concern among investors.?

He said that while the government has declared the midterm elections relatively…

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