philippine competitiveness
ARTICLE FINDER

'Sobering,' PCC says of drop in PH ease of doing business ranking

Nov 02, 2017 - 6:31 PM

The Philippine Competition Commission calls the drop in the country's ranking a ‘sobering account of our performance in attracting new investors and putting up new businesses in the country’

PCC to work with TransCo if telco joint venture proceeds

Oct 31, 2017 - 5:05 PM

The Philippine Competition Commission says it is ready to offer guidance if the National Transmission Corporation partners with a private firm to enter the telecommunications industry

#ThewRap: Things you need to know, October 27, 2017

Oct 27, 2017 - 10:37 AM

Hello! Here are the stories you shouldn't miss this Friday.

PH internet 'no good'? Telcos, PCC react to Jack Ma

Oct 26, 2017 - 8:55 PM

PLDT and Globe say they're working to improve services, while the Philippine Competition Commission describes Jack Ma's disappointing experience as a 'wake-up call' for the telcos

Competition policy enforcement in the digital age

Sep 30, 2017 - 11:26 AM

The decisions to be made by the Philippine Competition Commission in coming months, as it fully implements the Philippine Competition Act, will set the tone for competition regulation in Philippine markets

PSE withdraws PCC notification on PDS merger, to refile soon

Sep 13, 2017 - 6:08 PM

Once it completes information needed PCC says PSE intends to refile its PDS merger notification as soon as possible

MERGER SETBACK. The long-planned merger between the country's securities and bond markets is a priority for PSE president and chief executive officer Ramon Monzon. File photo

SM wants to buy into Goldilocks

Aug 29, 2017 - 1:40 PM

The conglomerate of Henry Sy Sr the country s richest man is in preliminary talks with Goldilocks the country s largest bakeshop chain for a potential investment

NEW PROSPECT. The country's largest mall developer plans to acquire shares in Goldilocks Bakeshop. Photo from Wikipedia commons

Probe on alleged resurgence of garlic cartel launched

Aug 09, 2017 - 12:23 PM

The Philippine Competition Commission will review the 2014 report by the Office for Competition of the Department of Justice on the alleged garlic cartel

PRELIMINARY INQUIRY. Senator Cynthia Villar approaches PCC on alleged resurgence of garlic cartel. Rappler file photo

Phoenix Petroleum seeks $126-M acquisition of Petronas Energy, Duta

Jul 06, 2017 - 9:25 PM

Before acquiring the two firms Phoenix Petroleum must secure the approval of the Philippine Competition Commission

ACQUIRE MORE. This comes after Phoenix and PDB (Netherlands) BV signed an MOU on planned 100% share acquisition of PEPI and its affiliate, Duta. Image from Phoenix Petroleum

How PH's top antitrust official is guarding market competition

Jun 15, 2017 - 10:00 AM

Arsenio Balisacan the first chairperson of the Philippine Competition Commission says he is not one to run away from challenges

ACADEMIC STAR. Arsenio Balisacan considers his role as the first chairman of Philippine Competition Commission one of the biggest challenges in his life. Photo by Chrisee Dela Paz/Rappler

#ThewRap: Things you need to know, April 20, 2017

Apr 20, 2017 - 11:30 AM

Hello Here are the stories you shouldn t miss this Thursday

PCC takes buyout battle with telcos to Supreme Court

Apr 19, 2017 - 3:55 PM

The Philippine Competition Commission wants to be allowed to review the transaction between San Miguel PLDT and Globe

GOES TO HIGH COURT. PCC Chairman Arsenio Balisacan (extreme left) announces the Office of the Solicitor General (OSG) filed on behalf of the PCC last Tuesday, April 18 a petition before SC to lift injunction on telco review. Photo by Chrisee Dela Paz/Rappler

Give NTC 'more teeth' for better Nat'l Broadband Plan – PCC

Mar 30, 2017 - 6:15 PM

How can the Philippines have cheaper and better internet? Here are recommendations from the Philippine Competition Commission

PCC allows SM Investments to buy dormitory developer

Mar 19, 2017 - 11:45 PM

If pursued this will mark the SM group s entry into the country s rental housing market

HOUSING RENTAL. It was in October last year when SM Investments proposed to buy 61.2% shares in Philippines Urban Living Solutions. Background photo from Wikimedia

CA denies PCC plea to lift TRO on San Miguel buyout review

Mar 02, 2017 - 1:19 PM

The CA s Special 12th Division orders the PCC to remove from its website its preliminary statement of concern containing an initial finding that the deal is likely to substantially prevent restrict and lessen competition in the telco industry

KEY PLAYERS. (from left) PLDT head Manuel V. Pangilinan, Philippine Competition Commission Chairman Arsenio Balisacan, and Globe chief Ernest Cu are at an impasse over the San Miguel telco buyout. File photos

PCC to gov't: Make it easier for foreigners to do PH construction projects

Feb 23, 2017 - 7:20 PM

Foreign construction firms are restricted to special licenses hampering their participation in the market and limiting the potential of the construction sector says the Philippine Competition Commission

PCC: P1B threshold stays for reviewing mergers, acquisitions

Feb 21, 2017 - 7:25 PM

The Philippine Competition Commission says the country s threshold is reasonable and similar to those in economies of comparable size

THRESHOLD. Under Republic Act (RA) No. 10667 – also known as the Philippine Competition Act – the antitrust regulator should be notified for M&A deals whose transaction values are above P1 billion before the transaction is consummated. Photo from Philippine Competition Commission

Bill to reform PH telco industry eyed by 2017

Dec 08, 2016 - 8:20 PM

Putting more teeth into the National Telecommunications Commission and amending foreign ownership rules are among the reforms being eyed

BADLY-NEEDED REFORMS. Putting more teeth into the NTC and allowing foreign players to operate here without the 40% ownership restriction are among the reforms eyed to be tackled in the bill, says Senator Sherwin Gatchalian. Photo of Gatchalian from www.wingatchalian.com

PCC's 2017 priorities: Int'l shipping, cement, power, agriculture

Dec 05, 2016 - 9:25 PM

The Philippine Competition Commission will review these 4 sectors next year to check for possible anti competitive measures

COLLABORATION. Sector regulators have signed a memorandum of understanding with PCC to work together on promoting fair market competition in the country. Photo from Philippine Competition Commission

PCC: Make policy changes to open telco, energy markets

Nov 27, 2016 - 11:10 PM

What needs to be done is to pass proposed amendments to the 80 year old Public Service Law says a PCC commissioner

TELCO HIGHWAY. The amount of spectrum assigned to a telco impacts the cost of the build capacity, overall network performance, ability to offer new multimedia services, and general customer experience of wireless services.

CA stops PCC review of San Miguel telco buyout deal

Aug 30, 2016 - 5:53 PM

UPDATED The Court of Appeals also orders PLDT to post a P1 million cash bond to answer for whatever damages the respondent PCC will suffer should this court decide that PLDT is not entitled to the relief

KEY PLAYERS. (from left) PLDT head Manuel V. Pangilinan, Philippine Competition Commission Chairman Arsenio Balisacan, and Globe chief Ernest Cu are at an impasse over the San Miguel telco buyout. File photos

Globe Telecom targets 500 more LTE 700 MHz cell sites by end-2016

Aug 29, 2016 - 1:05 AM

Globe Telecom accelerates the deployment of cell sites using the 700 MHz band amid a court battle against the Philippine Competition Commission regarding the San Miguel telco buyout

SPEED UP. These cell sites are expected to substantially improve mobile Internet experience of customers in the region. Image from Shutterstock

PCC: San Miguel telco deal rushed to evade PCC rules

Aug 15, 2016 - 8:30 AM

In acquiring San Miguel s assets PCC says PLDT and Globe made a conscious effort to ensure the acquisition will be beyond the reach of the law

BATTLE LINES DRAWN. PLDT and Globe remain at odds with the PCC over the San Miguel telco buyout deal. Photo of Pangilinan (L) by AFP, photo of Balisacan (R) by Malacañang

San Miguel telco buyout creates 'more barriers' to entry – experts

Aug 08, 2016 - 8:00 AM

Has the feasibility of a 3rd player in the near future been quashed by the deal? My answer is a qualified yes says a senior research fellow of the Philippine Institute for Development Studies

GAME CHANGER. Hopes of San Miguel coming in as 3rd player were shattered after the two telecom giants bought all of its assets last May. Background photo from Shutterstock

Court approves consolidation of PLDT, Globe petitions vs PCC

Aug 04, 2016 - 4:10 PM

The Court of Appeals approves Globe Telecom s urgent motion to consolidate its petition with that of PLDT – days after it junked the telco s appeal to stop gov t review of the buyout deal

BATTLE LINES DRAWN. The chiefs of PLDT, Globe and PCC maintain different stance on San Miguel telco buyout deal. Pangilinan's (left) photo by Agence France-Presse, while Balisacan's (right) photo by Malacañang

PCC tells CA: Consolidation a 'ploy to forum shop'

Jul 31, 2016 - 4:01 PM

The Philippine Competition Commission calls Globe Telecom s plea to consolidate its petition with that of PLDT as an attempt to forum shop for a more favorable ruling by the 12th Division

'PROCEDURAL ABSURDITY.' PCC says the consolidation of Globe’s and PLDT’s cases 'will prejudice the rights of [PCC] and may result into a procedural absurdity'

CA junks Globe's plea to stop review of San Miguel telco buyout

Jul 22, 2016 - 10:43 PM

The undue haste exhibited by the parties to run to the courts to stop PCC s review is now confirmed as unjustified the Philippine Competition Commission says

NOT A TYPICAL DEAL. With San Miguel entrusting its prized 700 megahertz spectrum to Globe and PLDT, will this mean better, more reasonable Internet services for subscribers? Photo from Shutterstock

Battle lines drawn over San Miguel's telco buyout deal

Jul 21, 2016 - 9:27 PM

The Philippine Competition Commission argues the deal between PLDT Globe and San Miguel falls within the scope of its review

KEY PLAYERS. (from left) PLDT head Manuel V. Pangilinan, Philippine Competition Commission Chairman Arsenio Balisacan, and Globe chief Ernest Cu are at an impasse over the San Miguel telco buyout. File photos

PLDT, Globe seek TRO against PCC over San Miguel telco buyout

Jul 12, 2016 - 4:25 PM

UPDATED The Philippine Competition Commission says it is disappointed that the telcos are blocking a comprehensive review of the deal

FACES STERN TEST. PCC Chairman Balisacan (center) tells PLDT head Pangilinan (left) and Globe chief Cu (right) that they cannot proceed with the terms of the deal until the agency approves their report

PCC, telcos meet to discuss San Miguel telco buyout

Jul 10, 2016 - 6:30 PM

After the dialogue the PCC stands by its position that PLDT s and Globe s acquisition of SMC s telco business is not deemed approved

REMAINS HANGING. The acquisition of San Miguel's telco assets by PLDT and Globe remains hanging. In the photo: Manuel V. Pangilinan (L) laughs with Ray Espinosa (R) on a comment on PLDT and Globe's marriage. Photo by Chrisee Dela Paz/Rappler

Globe Telecom, PLDT urge PCC: Let's talk

Jun 23, 2016 - 9:10 AM

This is creating an atmosphere of uncertainty hanging over the industry which in turn cause investors to take a cautious position says Globe s general counsel Froilan Castelo

UNCERTAINTY LOOMS. Heads of PLDT and Globe ask Philippine Competition Commission to have an open dialogue on the San Miguel telco buyout deal

Beyond the numbers: How Aquino fueled the economy

Jun 17, 2016 - 9:00 AM

President Aquino s economic legacy lies in finally allowing the private sector to flourish while planting the seeds for future generations to enjoy

PLDT, Globe resubmit SMC telco buyout report to PCC

Jun 16, 2016 - 8:10 PM

But PLDT and Globe clarify they are not abandoning their stance that the deal is already deemed approved and may no longer be challenged by the PCC

STERN TEST. Philippine Competition Commission (PCC) Chairman Arsenio Balisacan (center) tells PLDT head Manuel V. Pangilinan (left) and Globe chief Ernest Cu (right) that they cannot proceed with the terms of the deal until the PCC approves their report.

Amid regulatory probe, Globe powers 130 cell sites in Visayas, Mindanao

Jun 15, 2016 - 4:57 PM

This is despite the Philippine Competition Commission s claim that the deal to buy out all of SMC s telecommunication businesses has not been deemed approved yet

MOVES ON. Globe continues to fire up more cell sites using SMC's frequency, despite some questions from PCC

San Miguel, MVP group eye partnership for $10B airport

Jun 14, 2016 - 8:45 PM

Sought for comment Pangilinan says: As to infrastructure in general yes we are open to that

NEW PARTNER? Ramon Ang says San Miguel is also in talks with MVP group for other big ticket projects that the government may bid out in the future. Photo by Agence France-Presse

PLDT, Globe shares down as PCC keeps an eye on SMC telco deal

Jun 13, 2016 - 5:30 PM

UPDATED The PCC warns PLDT and Globe of possible violations should they not comply with the watchdog s rules

FACES STERN TEST. PCC Chairman Balisacan (center) tells PLDT head Pangilinan (left) and Globe chief Cu (right) that they cannot proceed with the terms of the deal until the agency approves their report

PCC rejects PLDT, Globe report on San Miguel telco buyout

Jun 10, 2016 - 6:52 PM

UPDATED Despite the anti trust body s decision PLDT and Globe firm up their stance saying the PCC has no power to undo their deal based on its claim

'NOT DEEMED APPROVED.' The chairman of PCC says the telco buyout deal is 'not deemed approved'

IRR of Philippine Competition Act now out

Jun 04, 2016 - 3:44 PM

The revised IRR is released just days after Globe and PLDT announced the P69 1 billion deal to buy all of San Miguel s telecom business

TWIN TOWERS. Lack of competition is most conspicuous in the the telco and energy sectors

Think tank urges gov't review of San Miguel telco assets sale

Jun 02, 2016 - 7:03 PM

The Foundation for Economic Freedom also calls on Congress to conduct a probe into the deal

MAKING A DENT. Monopolies and duopolies in strategic sectors like telecommunications are the reasons the Philippine economic growth for the past years is not making a dent in the poverty rate

PH Competition Commission: Draft of rules and regulations now out

May 12, 2016 - 8:00 PM

The PCC plans to hold consultations with business groups and the general public to fine tune the regulations

PH gov't loses P250M yearly with embargo of 700MHz – Globe

Apr 11, 2016 - 6:30 PM

Existing operators and new entrants are drawn to the 700 MHz frequency band to unlock the growth potential in the Philippines relatively unsophisticated market

UNLOCKING POTENTIAL. The 700 MHz band is key for expanding mobile broadband into the outlying islands and rural provinces in the Philippines. Image from Shutterstock

PH competition agency seeks Australian expertise in anti-trust law

Apr 04, 2016 - 9:30 PM

The heads of the country’s new anti trust body meet with top Australian Competition officials Commission to gather best practices as it nears coming into force

16th Congress adjourns: Which bills endorsed by Aquino did it pass?

Feb 07, 2016 - 3:24 PM

Not passing the proposed Bangsamoro law the FOI Act and anti political dynasty bill doesn t mean Congress wasn t working hard in the last 3 years

NEW HOPE. The house opens anew with its period of interpellation on the passage of the Bangsamoro Basic Law at the second regular session of the 16th Congress at the House of Representatives in Quezon City on Tuesday, June 2. Photo by Ben Nabong/Rappler

Balisacan's challenge: Can he fight vested interests?

Jan 27, 2016 - 8:30 AM

As chairman of the new Philippine Competition Commission Balisacan has to guard against predatory tactics by large companies and fend off entrenched special interests

NEDA chief resigns, moves to new commission

Jan 25, 2016 - 1:42 PM

Arsenio Balisacan is the first chairperson of the new Philippine Competition Commission

PPP THRUST. "I'm proud to say that the Philippines has come a long way in terms of developing bankable PPP projects and ensuring that they are successfully tendered," Balisacan says. File photo by Rappler.

Sereno asks telcos to act swiftly on PH's slow Internet

Sep 26, 2015 - 10:00 PM

Meanwhile Senator Bam Aquino says: The facets of the Internet go beyond just communications If we want to grow this country we have to solve this Internet issue fast

 HORRIFYINGLY SLOW. "Our Internet bandwidth is horrifyingly narrow and outrageously slow…This is a negative shoutout to the two major telcos,” Chief Justice Maria Lourdes Sereno says. Photo by Alecs Ongcal/Rappler

NTC eyes new rules on minimum speed for mobile broadband

Aug 18, 2015 - 6:41 PM

The National Telecommunications Commission is targeting the promulgation of the new rules by November

PH manufacturing drops further in June

Aug 11, 2015 - 8:45 PM

Business expectations across sectors remain optimistic NEDA says

OPTIMISTIC. Despite the continuous decline in the manufacturing sector, business expectations across sectors remain optimistic, NEDA chief Arsenio M. Balisacan says. File photo by Agence France-Presse / Frederic J. Brown

Aquino: PH will be 'first-world' within generation if reforms continue

Jul 27, 2015 - 10:00 PM

This is just the beginning you haven’t seen anything yet President Aquino says as he details in his last State of the Nation Address the economic gains under his watch

President Benigno Aquino III delivers his last SONA in the joint session during the 16th congress at the House of Representatives in Quezon City on Monday, July 27, 2015. Photo by Ben Nabong/Rappler

Aquino signs PH Competition Act, amended Cabotage law

Jul 21, 2015 - 11:03 AM

UPDATED The two new laws are expected to help ensure continued growth in the country through market competition and lower shipping costs

President Benigno S. Aquino III signs into law Republic Act No. 10667 or the Philippine Competition Act and the Amendments to the Cabotage Law at the Rizal Hall of the Malacañang Palace on Tuesday, July 21. Photo by Lauro Montellano Jr. / Malacañang Photo Bureau