Rappler Talk Investigative: Bob Herrera-Lim on the rule of law and risks to business
MANILA, Philippines – The country is facing several issues right now – from the ouster of Supreme Court Chief Justice Maria Lourdes Justice to what groups call "deteriorating" rule of law and democracy all while drug killings are left unresolved.
At the same time, Filipinos are burdened by high prices of goods brought about by inflation and the recently implemented Tax Reform for Acceleration and Inclusion (TRAIN) law.
The gross national domestic product, meanwhile, grew by 6.8% in the 1st quarter of the 2018 due to strong government and household consumption. Foreign direct investment (FDI) inflows into the country continue to be strong.
On Thursday, May 17, Rappler editor-at-large Marites Vitug speaks to risk consultant Roberto "Bob" Herrera-Lim, managing director for Southeast Asia of Teneo Intelligence, on how the situation in the Philippines specifically affects the business sector and perceptions of foreign investors.
Since 2002, Lim has been analyzing political and business risk in countries like the Philippines, Thailand, Vietnam, Indonesia, Malaysia, Singapore, Cambodia, Myanmar and Laos. He works on assessing risk in both the regional and country level while also developing mitigation strategies for various firms here and abroad.
What are the possible long-term effects of the controversies? If these are negative, what can the country do to recover? Join the discussion on Thursday at 2 pm! – Rappler.com