Trump protectionism can put a stop to Philippine brain drain

ABS-CBN News

Posted at Jan 25 2017 08:02 PM | Updated as of Jul 26 2017 05:37 PM

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US President Donald Trump's protectionist policies are not necessarily bad for business, according to a founder of a startup company in the Philippines.

Gui Feria, co-founder of "Penbrothers," said Trump's policies, such as tighter immigration applications into the US, bodes well for a local labor environment that wants to keep homegrown talent within its borders.

"If there's tighter (policies on) visas in the US, it could be that great talent from the Philippines would not immigrate to the US and stay home and create good things out here," he said in an interview with "[email protected]"

Feria said a lot of international startups continue to find the Philippines an attractive investment destination because of these "outstanding" creative talents of Filipinos and because of cost performance.