Foreign investment pledges in the Philippines dropped 51.8% in 2017 to the lowest level in 12 years. © Reuters

Duterte spooks foreign investors with tax 'sword of Damocles'

Incentives behind the Philippine outsourcing boom hit the chopping block

CLIFF VENZON, Nikkei staff writerApril 17, 2018 15:35 JST | Philippines

MANILA -- Philippine President Rodrigo Duterte's administration received an impassioned plea from within its ranks on the night of April 11.

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