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Philippines says offer to open telecom sector not just for China

Duterte offered China the right to operate in the Philippines during bilateral talks

Andreo Calonzo & Cecilia Yap | Bloomberg 

The Philippines will open up its telecommunications sector to more foreign investors, and an invitation by President Rodrigo Duterte isn’t just for Chinese companies, Economic Planning Secretary Ernesto Pernia said. “The best offer would be picked from other offers as well,” Pernia told reporters on Saturday at a forum in Manila, when asked if only Chinese companies would be considered by the government. “China is in the frontline now because no other country has sounded out or expressed interest to come in.” Duterte, who has sought warmer ties with Beijing ...

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First Published: Sun, December 03 2017. 00:46 IST