Palace not worried about how investors see PH amid political noise

Malacañang on Monday expressed confidence that foreign investors will continue to invest in the Philippines despite the current political noise following the arrest of former President Rodrigo Duterte.

Palace Press Officer Undersecretary Claire Castro said the administration is not worried about how foreign investors are looking at the current political situation. 

''Sa aking palagay po, sa akin pong palagay dahil magkakaroon po kami ng meeting mamaya with the BSP, hindi po naaalarma ang administrasyon patungkol po sa investors, dahil ang mga foreign investors po mas gusto po nila na ang bansa at ang mga lider ay sumusunod sa batas,'' Castro said at a press briefing. 

(I think, because we're having a meeting later with the Bangko Sentral ng Pilipinas... the administration is not alarmed, because foreign investors want nations and leaders who follow the law.) 

''Hindi po nagkakanlong ng mga tao na involved po lalung-lalo na sa crime against humanity, specifically murder, hindi po inaayunan talaga iyan ng mga foreign investors na magkanlong ka ng mga taong involved sa mga krimen,'' she added. 

([They like] those who do not harbor individuals involved in crime against humanity, specifically murder.) 

Philippine authorities on March 11 assisted the Interpol in serving a warrant of arrest from the International Criminal Court against Duterte for crimes against humanity in connection with his drug war.

Duterte on March 13 (Philippines time) entered the Hague Penitentiary Institution or the Scheveningen Prison where he will be held while awaiting trial.

On Friday, Duterte faced via video link the ICC, while his counsel former executive secretary Salvador Medialdea was present inside the court.

The next hearing on the confirmation of the charges has been set for Sept. 23, 2025. — BM, GMA Integrated News