BusinessWorld
May 26, 2021 | 12:31 am
THE two-day BusinessWorld Virtual Economic Forum 2021 Special Edition starts today with the theme of “The Digital Economy PH: Towards a Faster Economic Recovery.”
The forum, which runs until May 27, gathers top business leaders, government officials and experts to discuss how the coronavirus disease 2019 (COVID-19) pandemic has accelerated the country’s digital transformation and what steps are needed to support its full transition into a “digital economy.”
The lineup of high-caliber speakers is led by Fernando Zobel de Ayala, president and chief executive officer (CEO) of Ayala Corp., who will deliver a keynote speech on the topic “Accelerated by the Pandemic: Digital Transformation as the Way Forward” today.
Published May 24, 2021, 4:24 PM
What’s the difference between the legislative franchise applications of ABS-CBN network and Metro Manila’s two water concessionaires which all have gotten the goat of President Rodrigo Duterte? Aside from the alleged railroading approval of the franchise applications of Maynilad Water Services and the Manila Water Corporation during the first hearing on Monday, May 24, there are three other glaring issues that sets the ABS-CBN franchise bid apart from the two water firms, said Deputy Speaker and Buhay Partylist Rep. Lito Atienza and Deputy Minority and Bayan Muna Rep. Carlos Isagani Zarate.
First, the House panel did not reveal to the media the scheduled hearings of the franchise applications of Manila Water Corporation and the Maynilad Water Services Inc., unlike the well-publicized ABS-CBN franchise proceedings last year.
Philippine utility Maynilad Water Services Inc has signed a revised water deal with the government to allow it to continue operating, more than a year after President Rodrigo Duterte threatened to take over its business.
The signing of new concession deals between the government and service providers Maynilad and Manila Water is seen as favorable to Filipino consumers while also settling investor fears about the sanctity of public contacts, a market economist says.