Manila businessmen are transferring to nearby cities because of heavy taxes, 5th District Rep. Amado Bagatsing on Monday disclosed as he vowed to form a business-friendly city if he wins the mayoralty race in the May 2016 polls.

Bagatsing, who is facing reelectionist Mayor Joseph Ejercito Estrada and former mayor Alfredo Lim, claimed he received various complaints from business owners and investors in the city of Manila this first half January.

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