Investment Environment in Philippines Might Experience Significant Changes
ANBOUND
On 10th October, the late Philippine dictator Ferdinand Marcos's son, Ferdinand Marcos Junior, a senator, has officially announced that he will run for the vice presidency.
Anbound’s research team is of the view that the vice-presidential run by Marcos Junior shows that Philippine will soon see yet another round of political struggles, bringing uncertainties to the investment environment in Philippines.
We are of the view that in the event that Marcos Junior is being elected as the vice president, he will launch a full force political attack against Aquino’s family, which include going after the development projects initiated by Benigno Aquino III and the enterprises associated with the Aquino’s family.