Business group supports ABS-CBN franchise renewal

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The Makati Business Club (MBC) reiterated its call to lawmakers to renew ABS-CBN Corp.’s franchise.

This view shows the ABS-CBN network headquarters in Quezon City in the Metro Manila area on May 5, 2020.

In a statement, the Makati-based business group cited that aside from protecting press freedom, keeping ABS-CBN on the air will preserve one of the public’s biggest sources of news and information, especially important in the whole-of-nation fight against COVID-19, as well as a major platform for businesses to advertise their goods and services, which would help revive the economy, preserve jobs in those businesses, and increase the taxes the government needs for public services.

Finally, MBC said, equal treatment of all companies — especially by regulators, prosecutors, and lawmakers — will signal that rule of law prevailed, encouraging foreign and local investors at a time when we most need their help to create new jobs.

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How about the violations that should’ve favor the PH govt? Why are so many were so blind about these?

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Makati Business Club calls for renewal of ABS-CBN franchiseMadame kc babagsak jan dahil madame utang ang abs. Hello No no no. Dapat new company na. money is above the law pa rin? 💵💰💸🤑😔
Source: ANCALERTS - 🏆 26. / 50 Read more »