Firm sorry over derogatory video

TUESDAY, SEPTEMBER 23, 2014
Firm sorry over derogatory video

The mother company of Aegis Malaysia said on Monday that it did not approve the controversial video promoting Malaysia and criticising the Philippines as an investment destination.

“We regret the uploading of the recent video. The video was developed locally by an agency and uploaded in error and the contents were NOT approved by Aegis Corporate,” Aegis Limited told INQUIRER.net.
The response came a couple of days after a three-minute video touting Malaysia as having a superior business environment compared to the Philippines circulated online, enraging Filipino netizens. Aegis replied to INQUIRER.net, a couple of hours after the Philippine Embassy in Malaysia demanded an explanation.
The business process outsourcing company said the Philippines played an important role in its growth and success since being acquired by People Support in 2008.
The video not only criticised the Philippines for being vulnerable to natural disasters, it also warned investors against the lack of government support, security problems and poor infrastructure.
While some netizens agreed that the country still has a long way to go when it comes to developing an attractive business climate, they said it was inappropriate for Aegis Malaysia to denigrate the Philippines.
Some criticised Aegis for releasing a video that put the Philippines, which had served its business interests, in a bad light.
Below is the transcript of the narration of the video advertisement.
“Expansion and growth are words of importance in the present times. When companies look to grow and expand geographically, they make a decision. 
“A choice of where they want to see themselves next in the global map. Making that choice isn’t easy, 
it never was. Because after all the hard work that the process entails, the last thing you might want to have is a not so supportive business environment at the place where you choose to be.”