The complete elimination of employment through contractualization may have unforeseen negative consequences, according to two top local businessmen, who urged the government to instead focus on stopping abuses of the practice.

During a forum organized by the Economic Journalists Association of the Philippines (EJAP) and ING Bank on Tuesday, DMCI Holdings Inc., Chairman Isidro Consunji said it would be wrong to abolish contractualization as a whole, but rather the abuses associated with it.

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