I’ve seen the tv clip of President Duterte saying that he is ready to cross the Rubicon. I do not wish to interpret his words and actions because I am neither his press secretary nor Malacanan’s public relations clerk.
There is no perfect president. Each person has his own strengths and weaknesses. However, how they are perceived plays a great role in either allaying fears of instability or incompetence in managing the country, or boosting investor confidence.
In the case of former president Noynoy Aquino, there was a widespread trust at the beginning of his term that there would be stability and growth that’s why foreign and local investors renewed their confidence in doing business in the Philippines. This trust and confidence kind of sustained our vibrant economy. That was one of the reasons why real estate not only kicked, it galloped.
I certainly hope that our country remains a good viable place to put money in. We want stability. Our country needs a strong, stable and respectable leadership that would inspire and motivate all of us including our business partners here and abroad that living and doing business in the Philippines is certainly worth our time, talent, effort and money.
