In a phone interview with ANCs Business Nightly, University of Asia and the Pacifics Strategic Business Economics Program Director Dr. Victor Abola said the debt concerns of Dubai World will not make a dramatic dent on deployment of Filipinos to and remittances sent from the oil-rich emirate since construction activities in the oil-rich emirate has been slowing down in the past months.
Abolo also said the debt issues of Dubai World will likely result in delays in new global bond issues of emerging countries like the Philippines.
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