Economist: ABS-CBN franchise denial will impact local, foreign investor sentiment negatively | ANC

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Philippine Finance Secretary Carlos Dominguez last week assured the public that the ABS-CBN franchise issue would not be a cause of concern for investors. But that was before lawmakers voted to deny ABS-CBN a new franchise. Since then, businessmen and economists have come out to denounce the move.

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They are politician not economist. They want to remove oligarchs . And want to create oligarchs or be the oligarchs themselves. I just hope our economy will not fall.

aoifebriellebracha
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It is DOMINO effect . So sad talaga . Praying na makabalik sa ere ang ABS CBN

jared
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this is already starting and i know God is watching

Roni_vr
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They don't care about the economy of the country.They care more about themselves.

alvinsanchez
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BAGSAK ANG ECONOMY KAWAWA LALO ANG PINOY, #ibalikAngABSCBN☺☺☺

vidim
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It is already starting. SSS has a 5mln shares in ABSCBN. Now with the loss, sino pensionado dito ng SSS? Kanya kanya na tayo? kung pwede lang iwan tong gobyernong to.

mykeekym
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nakakatakot talaga kung negosyante ka tapos nakapag pundar kana pera at panahon oras ng matagal na panahon tapos dahil sa hindi ka gusto ng gobiyerno sa Singapore kanalng or Malaysia mag negosyo wag nlng sa pilipinas.

sonnydelfin
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So pwede na palang baluwalain ang batas pwede ka na palang mag business ng shabu basta ang mga empleyado mo ay 11, 000 exemted ka na sa batas

ferdieollero
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Monsod?hahaha nako ano pa aasahan..bias yan

amazingworld
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Nobody knows this "economist"

pamkoh
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No investors except the chinese. Anyway, digong has sold the Philippines to them! Good luck to all.

francobergs
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Weeeh puro kayo news na puro abs lng..one sided talaga😝

xerxesguy
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ABSCBN EVEN YOUR LAND TITLE IS FAKE . Hahaha

cyberwapx
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syempre naman magrereact yung mga negosyante dahil mabibisto na yung iba't ibang mga schemes ng mga kumpanyang ito to avoid paying the correct taxes sa gobyerno...and sinong foreign investors ba yung tinutukoy...yung mga bumili ng PDRs ng ABSCBN???

ryanvaldez
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Dapat Lang masarap kayo, lumabag kayo sa batas

eugenepelle