SEARCH THIS SITE FOR HOUSE DESIGN, OVERSEAS FILIPINO NEWS, FREE ONLINE STUDIES, CASH LOANS and BANK LOANS, PROPERTY FOR SALE, HOUSE AND LOT, FORECLOSED, CARS FOR SALE and anything beneficial for the Filipinos at home and abroad

Thursday, November 24, 2016

DUTERTE: "I WILL OPEN MEDIA, ENERGY AND TELECOMMUNICATIONS SECTORS TO FOREIGN PLAYERS."







Communications is a vital necessity for the Filipinos nowadays especially for the OFWs and their families.
OFW and families rely on the internet to communicate with their loved ones back home.
 But  the high  cost of  of telephone and internet subscription in the Philippines doesn't seem to match the  quality of services the Filipino people get. The Philippines has a reputation of being one of the slowest internet service in Asia. The internet service in the country is only faster than war thorn Afghanistan.



The President addressed the problem even during his campaign and even allocated the budget from his state visit to China to improve the internet speed in the Philippines as well as solve energy problems.

After attending the Asia Pacific Economic Cooperation (APEC) Summit, President Rodrigo Duterte said that  he wants to open media, communications and energy sectors in the Philippines to foreign players to improve the quality of service.
"My decision now, this moment, is bubuksan ko ang Pilipinas," Duterte said upon arriving at the Davao City International Airport.The President clarifies that he doesn't want  a quarrel with the local business magnates and he will take his statements back if the local telecommunication companies will dive their prices down.


Duterte said opening up communications, the airwaves, and the entire energy sector would enable the country to move faster for the  benefit of the poor. 
 The President said that: “It’s about time that we share the money of the entire country and to move faster, make competition open to all.”
Also, the president said regulatory requirements and institutional arrangements are being studied to hasten the entry of new players in the energy sector amid corruption allegations in the Energy Regulatory Commission.
The president warned telecom owners in the country to shape up or face foreign competition. In May, after winning the elections, Duterte also issued the same warning to power industry players.

“The Philippines acknowledges the significant role of more vibrant telecommunication and power industries to be able to participate in the global market with a competitive edge. 
“Let us open everything para matapos na itong kalbaryo ng Pilipino.”  President Duterte stated. 






RECOMMENDED READINGS:

OWWA ASSISTANCE FOR OFW FAMILIES AFFECTED BY TYPHOON LAWIN

OFWS WHO DOESN'T WANT TO WORK ABROAD ANYMORE, "PUT UP A BUSINESS HERE" -DTI

OFWS TO BENEFIT FROM OWWA REBATE PROGRAM

BANK FOR THE OFWS

WHY EVERY OFWS SHOULD HAVE AN EXIT PLAN ?

FREE INSURANCE FOR OFWS JUST BY SENDING REMITTANCES TO THE PHILIPPINES

TWO-YEAR-OLD SON OF AN OFW IN BAHRAIN, WHIPPED TO DEATH BY HIS GUARDIAN

STEP BY STEP ON HOW TO CLAIM THE P550 TERMINAL FEE

OFWs NEEDED IN SINGAPORE THIS NOVEMBER

LOUD MUFFLERS BAN

CRAZY YELLOW CAR IN ROCKWELL, MAKATI

CHECK THESE RIFLES FROM RUSSIA, COULD BE THE NEXT ASSAULT RIFLES FOR THE PNP

US SUPPLIES DEFECTIVE ASSAULT RIFLES TO THE PHILIPPINES 

A HERO FIREMAN RISK HIS OWN LIFE TO SAVE A 1-YR OLD KID.

DUTERTE MONORAIL PROJECT POSSIBLE TO RISE TO EASE TRAFFIC

TOMB OF JESUS, UNCOVERED

MINIMUM WAGE HIKE IN SOUTH KOREA TO BENEFIT OFWS  

KUWAIT AIRWAYS NOW HIRING MORE THAN 200 OFWS  

HONGKONG SALARY INCREASE

YOU NEED TO EARN P120K PER MONTH TO LIVE COMFORTABLY IN THE PHILIPPINES--NEDA

 SALARY INCREASE IN ASIAN COUNTRIES THIS 2017 

SC ALLOWED MARCOS ' BURIAL TO THE LIBINGAN NG MGA BAYANI

©2016 THOUGHTSKOTO