PAGCOR Chief to ASEAN gaming summit: Don't believe Leni Robredo

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Contrary to what Vice President Leni Robredo said about the Philippines in her video message to the United Nations, Chief of the Philippine Amusement and Gaming Corporation (Pagcor) Andrea Domingo said that Philippines is one of the best places to invest in.
Photo credits: Rappler

"I can say with a lot of confidence that the Philippines is one of the best places to invest [in] now, to go to. It is safe now," Domingo said during the Association of Southeast Asian Nations (ASEAN) Gaming Summit on March 21, 2017 (Tuesday).

"Please do not believe Leni Robredo. She has maligned our country and our people and I feel very badly about this," Domingo added asserting that Robredo wrongly portrayed our country as a “4th world country” where no laws are abided.

In the wake of heavy criticisms on the current administration, investors are worried about venturing into business in the country, however Doming assured that this is all “just noise” and they will go away as all propaganda do.

“There is someone who has a portfolio of around $3 billion in the Philippines and other Southeast Asian countries and he is asking about this (war on drugs) and I said look for yourself and go around. We have a more friendly environment compared to other ASEAN countries," Domingo said. "It is just noise. I think it will die down soon – anything that's propaganda."

As a matter of fact, the business climate in the Philippines is more vibrant.

“2017 is even better. What we earned in the last two months in gross revenue has amounted to P9.71 billion already. March looks like it is going to be better. For the whole year, for all properties, including the private ones, it is about P155 billion-P160 billion," Domingo asserted.


Source: Rappler

PAGCOR Chief to ASEAN gaming summit: Don't believe Leni Robredo PAGCOR Chief to ASEAN gaming summit: Don't believe Leni Robredo Reviewed by Newsinfo Learn on March 22, 2017 Rating: 5

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