Business leaders back Duterte order

DAVAO CITY — Business leaders here said the martial law in Mindanao that was declared by President Rodrigo R. Duterte will result in a “shortterm setback” in the island’s investment climate.

Davao City Chamber of Commerce and Industry Inc. (DCCCII) President Ronald Go said he believed investors will become wary of the implications of placing the island under military rule.

“But as a community, this should be looked upon as a short-term sacrifice that will ensure our long-term prog- ress. Better we pave the way for progress & development now than having to have our progress impeded by arrogant, morally misguided individuals or groups in the future,” he said.

Mindanao Business Council (MBC) chairman Vicente T. Lao said martial law in Mindanao will give more flexibility to the President to fight terrorism, but advised him to be vigilant against “opportunistic elements who will use the martial rule as an excuse to further their bad intentions.”

Lao said he believed martial law will hasten the solution to some security and peace and order problems in Mindanao.

DCCCII chairman Antonio Dela Cruz said Mindanao has yet to realize the economic impact of Duterte’s order until its guidelines are released, but expressed confidence that its declaration “only showed the seriousness and resolve of the president to achieve a longlasting peace and end lawlessness in the county.”

“To our countrymen, we will pray for President Duterte for God’s wisdom and strength, good health and protection. Let us stand united and rally behind the anointed leader of the country regardless of our political color and religious affiliations. We are Filipinos and this is country. To God be the glory,” he said in a text message. (Antonio L. Colina IV)