Duterte Tightens Noose Against ABS-CBN

President Rodrigo Duterte is tightening the noose against the Lopez-owned ABS-CBN television network. Duterte previously claimed that the network refused to air his campaign ads last year despite already accepting payments. He added that the network has been too critical of and biased against his administration. He has now targeted Lopez Holdings, which owns majority of the network, for non-payment of debts to a government-owned bank. Duterte earlier threatened that he would block the renewal

Subscribe via email for complete access to Supreme Consult’s weekly report on political and investment risks in the Philippines.