Investors ‘not keen’ on contracts with PH gov’t – European chamber exec

EUROPEAN  Chamber of Commerce of the Philippines (ECCP) said that executives and potential investors, especially the ones partnering with the government, “are certainly not keen” in putting up their enterprises to the country as he enumerated faulty government handlings of business transactions.

Henry Schumacher, external affairs vice president of ECCP, said in a statement that business executives would not want to “trip over fine print of laws, implementing rules and regulations and local power brokers with agendas at odds with Manila.”