Decoding Duterte: Philippine Leader’s Confusing Flip-Flops

  • Duterte has tweaked stance on several issues since in power
  • Investors show concern about list of apparent contradictions

Duterte Softens Stance on Gambling

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Whether Philippine President Rodrigo Duterte aims to shock, inspire or just amuse, deciphering his blunt and often unpredictable rhetoric is a potential challenge for investors seeking policy clarity from the new leader.

When it comes to the war on illegal drugs, events have unfolded the way Duterte promised, with more than 800 people killed in police operations since he was sworn in on June 30. On his pledge to invest heavily in infrastructure, Duterte has impressed overseas investors, who have pumped $1.1 billion into the nation’s shares over the last three months.