THE arrest of former president Rodrigo Duterte by the International Criminal Court has drawn fresh attention to the political instability that is weighing on the Philippines' growth prospects, a London-based consultancy said.
While the detention of Duterte — who is accused of crimes against humanity in relation to a brutal war on drugs — has no immediate economic consequences, Capital Economics said it underscored the widening rift between Duterte's successor, President Ferdinand Marcos Jr., and his daughter, Vice President Sara Duterte.
