Thursday, January 23, 2020

Ayalas, MPIC, ABS-CBN, even SM under attack by the President

President Duterte first attacked Manila and Maynilad Water companies by Ayalas and MPIC-DMCI, respectively, last month. Then last week the Light Rail Management Corp. (LRMC), operator of LRT1, also MPIC and Ayala owned, plus Macquarie. This week, the UP-Ayala Technohub. He also disapproved SM's reclamation project in Manila Bay, 360 hectares. 

Previously he attacked ABS-CBN of Lopezes, its legislative franchise expiring in March this year, two months away.

Is there a pattern? What's really going on? Who's next?

Some news reports here from BWorld:

ALI says land deal ‘beneficial’ for UP but market fears persist
January 22, 2020 | 12:08 am

Duterte gives go-ahead to review UP Technohub deal
January 23, 2020 | 10:11 pm

Operator of LRT-1 ready to face probe after Duterte’s new rants
January 21, 2020 | 12:05 am

Meanwhile, here’s another proof that Malacanang allegations of “onerous” provisions and rates by the two water concessionaires in Metro Manila are bonkers.

Metro Manila has lowest water rates compared to other big cities
January 21, 2020 | 12:03 am

1 comment:

unknown said...

OFW Pinoy is concerned about the shut-down of the ABS CBN Network.