Casino attack should not hurt investments: finance chief


Posted at Jun 02 2017 05:44 PM

Photo by George Calvelo

MANILA - A casino attack that left over a dozen people killed should not affect investments in the country, the head of President Rodrigo Duterte's economic team said Friday.

Unlike the terrorist siege in Marawi City, the attack on Resorts World Manila appeared to have been the handiwork of a lone suspect, Finance Secretary Carlos Dominguez said in a statement.

"We don't think it will affect message as such or investment. Maybe there will be some questions about tourism coming in. Maybe we'll have a little dip. But overall, regarding business and investment, this recent event won't be affected," Dominguez added.

The Finance chief said business owners should tighten security in their facilities, but assured the business sector that authorities are already "on top of things."

At least 35 people were killed and 54 others were hurt after a lone gunman set a portion of Resorts World Manila on fire on Friday. The fatalities were all due to suffocation from smoke.

The unidentified suspect died after setting himself on fire, authorities said.

National Capital Region Police Office (NCRPO) chief Oscar Albayalde Albayalde have allayed fears that terrorists may now be targeting the country’s capital, even as he stressed that state security forces were working hard.

Earlier, Malacañang has clarified that the incident was not terrorism and not at all related to the Marawi City crisis, where government forces continue to pursue Islamic militants who have pledged allegiance to the Islamic State. The siege had prompted President Rodrigo Duterte to place Mindanao under martial law.