WHO WILL BE NEXT?
February 14, 2020No enterprise will be safe. The government’s moves to destroy a dominant media network such as ABS-CBN perceived to be unfriendly to the administration should be a cause for serious concern for all big enterprises on how power can be used no matter what the repercussions are for stakeholders.
The water distribution controversy thrown against Manila Water and Maynilad, and now the Quo Warranto case filed against ABS CBN is a disturbing trend. If this is allowed to prosper, no enterprise will be safe and will cause a crisis of confidence in our regulatory environment that will be perceived to be reckless and unstable.
Business cannot thrive in an atmosphere of intimidation and unstable policies. It’s the culture of productivity and innovation of private enterprises, not the government, that drives the growth of our economy and creates the much-needed jobs for our people.
Orlando Oxales
Convenor
CitizenWatch Philippines