Look back: Duterte's tussles with big business

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Going from threats to defying an international court order, President Duterte proves more and more that he will use every presidential power to pressure some of the country's biggest firms.

," said the President in February 2018.Evidently, helping government programs is one wayManny PangilinanDuterte’s beef with Maynilad Water Services is not the only issue he has with billionaire Manny Pangilinan, whose Metro Pacific Investments Corp holds a controlling stake in the water concessionaire.

Back in 2011, PLDT and the National Telecommunications Commission agreed that PLDT would get monetary compensation for the frequencies of Cure . Duterte didn’t want to give this compensation, saying that Cure’s frequencies were provided by the government for free and thus should not cost the government when it wanted them back.

The Ayalas had so far managed to avoid any public tussle with Duterte, until March this year when one of Ayala Corporation’s subsidiaries, Manila Water, got a tongue-lashing from the President over the water crisis.“I can assume that money really talks. The businessmen who’ve won public accolades from Duterte are either longtime friends from Davao or political allies., the young Davao-based businessman now on a dizzying acquisition spree and whose firm was recently named by the government as the 3rd telco player. Uy has easy access to Malacañang and was even named Duterte’s presidential adviser on sports. The year 2019 saw Uy debut in Forbes' list of the country's richest.

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 ZA
 

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

NO ONE IN HIS RIGHT MIND WILL SUPPORT DUTERTE , AN AGING ABOUT TO DIE IDIOT POLITICIAN WHO KNOW NOTHING EXCEPT TO PICK FIGHT AGAINST GIRLS BAKLA BA HAHAHAHA

That not Democracy? President Duterte violating d Philippines Constitution? He’s Acting like a Dictator ?

South Africa South Africa Latest News, South Africa South Africa Headlines