 "Rodrigo Duterte. Photo: Reuters")
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 amid a territorial dispute between the two countries,
“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 amid a territorial dispute between the two countries,
