Dominguez sees investor confidence boost if ABS-CBN 'violations' proven true

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Finance Secretary Carlos Dominguez III says the government would be perceived as 'upholding the rule of law.' But rights groups have slammed the petition vs ABS-CBN as a threat to press freedom.

LIGHT MOMENT. President Rodrigo Duterte chats with Finance Secretary Carlos Dominguez III. Malacañang file photo

MANILA, Philippines – Finance Secretary Carlos Dominguez III sees a boost in investor confidence should the alleged violations of embattled media giant ABS-CBN be proven true. "There's a claim by the OSG that there is a violation of the regulations. In fact, it might be a constitutional violation. I think that if that's proven, the investors will say, 'These guys are upholding the rule of law,'" Dominguez said on Tuesday, February 18, on the sidelines of an event of the Bureau of Internal Revenue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

it also threatens the country's property ownership rights. a decent family build their posessions within the framework of the law and the freemarket and now they get to be badly labeled for that hardwork. this isnt what democracy is all about!

What 'rule of law' are you talking about, Sir?

Anyone to buy ABS CBN For $300 billion. What about you beast President where is your Crony?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lawmakers want NTC to issue provisional authority to ABS-CBNIs this karma to what you did to Mel Tiangco before?
Source: ABSCBNNews - 🏆 5. / 83 Read more »

Largest Fil-Am federation supports ABS-CBNWASHINGTON, DC — As the Duterte administration threatens to shut down ABS-CBN, the National Federation of Filipino American Associations (NaFFAA) stressed the importance of the broadcasting INQdotnetUSA Oh, isn't ABS-CBN and TFC among the major sponsors of NaFFAA's annual National Empowerment Conference? Alam na. YesToABSCBNShutDown
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Drilon seeks extension of ABS-CBN franchise – The Manila TimesSENATE Minority Leader Franklin Drilon on Monday filed a joint resolution that seeks to extend the franchise of ABS-CBN broadcast network up to 2022. The senator filed Joint Resolution 11 amid uncertainties on the fate of the network when its 25-year ... Ang senatePH nga naman....kamusta na kaya ang mga TaxReform laws (CITIRA in particular) na inaamag na sa mga silya nila, langyaaaaaa...
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Solon backs House-Senate resolution to prompt provisional permit for ABS-CBNAgusan del Norte Rep. Lawrence Fortun said there is a need for a resolution as there is no legal basis for the National Telecommunications Commission to allow a provisional operation by ABS-CBN. | NAMercadoINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Poe vows to protect resource persons in ABS-CBN franchise renewal hearingSenator Grace Poe has pledged to protect resource persons who will be invited in the hearing of the Senate committee on public services on the renewal of ABS-CBN’s franchise. | CMRamosINQ CMRamosINQ Pwede ba sa april 11 yan? CMRamosINQ Promise to protect? With what exactly CMRamosINQ Lobbyist 💩💩💩
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Zarate, Lagman: Congress will violate Constitution if it allows ABS-CBN to operate without franchiseA “dubious empty bag” is what the leadership of the House of Representatives has offered to embattled ABS-CBN Corporation if the former will not reconsider its current stand not to hear the broadcast giant’s application for franchise renewal. Lawmaking is not a contractual obligation of Congress to any private entity bcoz the legislature is a Constitutional body. So, lawmakers can't be sued for damages due to non-approval of a bill. Lawmaking is a political act imbued with public interest and voter representation.
Source: manilabulletin - 🏆 25. / 51 Read more »