Bureaucratic and legislative kinks must be ironed out first before the incoming Marcos administration can allow the 100 percent foreign ownership of power generation ventures in the country.
President-elect Bongbong Marcos (Noel Pabalate/ MANILA BULLETIN) President-elect Bongbong Marcos's st
Background On May 9, 2022, the Philippines held elections for over 18,000 positions nationwide, including the presidency and vice presidency. With about 80 percent turnout, Filipinos went to the polls to choose between ten candidates for president. Of these ten, only two were serious contenders. Ferdinand “Bongbong” Marcos Jr. won 58 percent of the vote, the only presidential