While you were sleeping: Congress basically amended the Constitution by amending the Public Services Act, removing foreign ownership restrictions on telecoms, domestic shipping, railways+subways, airlines, expressways+tollways+airports by declaring they are not public utilities.I've been following this story for years, and written six columns on the topic. The whole inspiration for the effort to get around the Constitution was to allow China Telecoms to come in as the third player in our telecoms industry.In my blog today, commentary: what the lame-duck 18th Congress achieved, amending the Constitution by merely amending a law, began three administrations ago. It fulfills the ambitions to invite Chinese big players first begun under President Arroyo.
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Manolo Quezon is #TheExplainer Newsletter …
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While you were sleeping: Congress basically amended the Constitution by amending the Public Services Act, removing foreign ownership restrictions on telecoms, domestic shipping, railways+subways, airlines, expressways+tollways+airports by declaring they are not public utilities.I've been following this story for years, and written six columns on the topic. The whole inspiration for the effort to get around the Constitution was to allow China Telecoms to come in as the third player in our telecoms industry.In my blog today, commentary: what the lame-duck 18th Congress achieved, amending the Constitution by merely amending a law, began three administrations ago. It fulfills the ambitions to invite Chinese big players first begun under President Arroyo.