Man with a mission

An air of quiet excitement exudes from Alberto Romulo û the recently appointed Secretary of the Department of Finance of the Republic of the Philippines.

Nick Lord

April 06, 2001

Speaking to FinanceAsia at the recent CSFB investor conference in Hong Kong the message from Alberto Romulo comes across loud and clear. "The climate is good now for investment in the Philippines. The new government of our president Gloria Macapagal-Arroyo welcomes new foreign investment." At first glance this might appear glib – what country does not welcome foreign investment? But the message belies a deeper truth.

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