Makabayan bloc vows to block final passage of bill allowing foreigners to own public utilities in PH

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

The Makabayan bloc of the House of Representatives on Thursday (Feb. 20) vowed to block the third and final reading passage of a bill seeking to allow foreigners to own public utilities in the country.

Party-list Reps. Carlos Isagani Zarate , France Castro , Arlene Brosas , and Sara Jane Elago scored the Lower Chamber’s passage of House Bill No. 78 or the proposed 2020 Public Service Act on second reading on Tuesday.

“Kung hindi mag-apply ang citizenship requirement, for example, telecommunication at transportation, ay pwede nang pumasok ang dayuhan,” Zarate said. Brosas warned that if HB 78 is enacted into law, it will have a huge economic impact. “This is tantamount to foreign ownership, full foreign ownership of media entities, railways, transport systems, telecommunication systems.”

 

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

TitoClintNiSly NPA

TitoClintNiSly Oligarchs lng ang pwede. Tax evader oligarchs

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:

 /  🏆 25. 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.

CJ Perez, Alvin Pasaol headline PH 3x3 team for Tokyo 2020 Olympic qualifierThe Tokyo 2020 Olympic qualifying tournament will run from March 18 to 22 in India.
Source: CNN Philippines - 🏆 13. / 63 Read more »

OFWs bound for Hong Kong, Macau exempted from PH travel ban
Source: ABSCBNNews - 🏆 5. / 83 Read more »

Currency analyst says PH peso stronger despite COVID-19 scare
Source: ANCALERTS - 🏆 26. / 50 Read more »

PH shares recover on reports of more Chinese stimulus vs COVID-19
Source: ABSCBNNews - 🏆 5. / 83 Read more »

PH eyed as business continuity hub amid COVID-19 outbreak
Source: ABSCBNNews - 🏆 5. / 83 Read more »

Philippine British Business Council set to hold trade mission to PH
Source: ANCALERTS - 🏆 26. / 50 Read more »