STOCK MARKET BSE NSE

Terror Vitiates Business Climate, Warns Expert

The threat posed by terrorism to corporate houses and other commercial establishments is very much real and yet not much attention is being paid to counter the threat,

Published: 28th April 2016 06:25 AM  |   Last Updated: 28th April 2016 06:25 AM   |  A+A-

Terror

CHENNAI: The threat posed by terrorism to corporate houses and other commercial establishments is very much real and yet not much attention is being paid to counter the threat, opines a top counter terrorism expert.

Addressing representatives of firms, based in Chennai, Chris Phillips, a former head of National Counter Terrorism Security Office, Government of the United Kingdom, said terrorist attacks have a great effect on a country’s economy besides severely damaging the State’s reputation.

“There is every chance of the overall business climate getting affected, which results in slowdown of investments. Hence, the need for counter-terrorism security measures becomes very important,” he said.

Phillips was speaking at the one-day seminar titled ‘Security Techniques and Counter Terrorism’, which was jointly organised by National Security, a city-based security firm, and International Protect and Prepare Security Office (UK), on Wednesday. Representatives of over 50 establishments from IT, medical, hospitality and banking, took part in the seminar.

Querying his participants on the safeguard provisions their firms have in place, Phillips, who has guided counter-terrorism measures for several firms, was straight forward when he stated “If they (terrorists) attack the economy, they win.”

Stay up to date on all the latest Tamil Nadu news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp