That's after the House passed on second reading a bill proposing a 100 percent foreign ownership
of the country's telecommunications and transport sectors. - The World Tonight, ANC, February 20, 2020
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:
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.
Lagman slams as ‘unconstitutional’ bill extending foreign ownership of telcos, transport servicesEven if finally enacted into law, the bill that seeks to allow greater participation or even full ownership of transportation and telecommunications firms by aliens will have to pass the Supreme Court’s scrutiny for allegedly being “fatally violative” of the Constitution.
Source: manilabulletin - 🏆 25. / 51 Read more »
US to treat Chinese state media like an arm of Beijing's governmentThe United States will begin treating five major Chinese media companies as extensions of Beijing's government, requiring them to comply with rules governing foreign embassies and consulates.
Source: CNN Philippines - 🏆 13. / 63 Read more »
LOOK: Rocco Nacino welcomes Winwyn Marquez in Basic Military TrainingRocco says, “Happy to be of good influence to others!”
Source: gmanetwork - 🏆 12. / 63 Read more »
Dennis Uy's Dito Telecom tells critics: We have moneyWill Dito grant more equity to foreigners if ownership restrictions are eased? Company officials say that would be up to market conditions. 'Uy's companies Udenna Corporation and Chelsea Logistics own 60% of Dito, while 40% is owned by China Telecommunications Corporation.' Yung Udenna and Chelsea po ba 100% Filipino owned? Baka 40% China din. 🤷♀️ Is this why the lower house is pushing for the bill? For the president's friend (yet again)?
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Foreign pilots at Chinese airlines return home on unpaid leave as demand plummetsOmg
Source: ANCALERTS - 🏆 26. / 50 Read more »
Bill opening transpo, telco firms to larger foreign participation OK’d on 2nd readingA bill that would open transportation and telecommunications industries to larger foreign participation by putting them outside the ambit of “public utility” has been approved on second reading by the House of Representatives.
Source: manilabulletin - 🏆 25. / 51 Read more »