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February 9, 2021: President Rodrigo Duterte would not allow ABS-CBN to operate even if a franchise was given by the Congress unless the Lopez family already paid all of their taxes. [66] [67] February 11, 2021: House Speaker Lord Allan Velasco said that ABS-CBN's franchise renewal will have to wait until the 19th Congress in 2022. [68] [69
The first iteration of the LTFRB was established on November 17, 1902, through the passing of Act No. 520. [2] The commission is in charge of classifying vessels, merchandise, and passengers in with reference to transportation under the coastwise trade, and fixing the maximum rates to be imposed on the vessels and merchandise of different classes, and people that are being moved from one point ...
The House Committee on Legislative Franchises votes 70-11 to deny the 25-year franchise application of ABS-CBN, citing several issues. [119] [120] July 11, 2020: Calida says "the end has come. Justice has been served." [121] August 25, 2020: The Supreme Court junks ABS-CBN's TRO petition against the NTC's closure order. [122] September 10, 2020
"ABS-CBN: Philippine Broadcaster Sends Strong Buy Signal – Shares of the Philippines' largest TV broadcaster can rise near 50% as the country continues its rapid growth." Barron's; David Englander (March 11, 2015). "ABS-CBN: Philippine Broadcaster Can Rise 25% – Philippines' largest TV broadcaster has surged since we recommended shares last ...
On February 16, 2022, Alaska Milk Corporation (AMC) announced that the Alaska Aces would leave the PBA at the end of the 2021 Governors' Cup. This was due to a directive by FrieslandCampina, parent company of AMC. [2] Several companies expressed interest to buy the Aces or its franchise. [3]
2021 Philippine television series debuts (46 P) Pages in category "2021 establishments in the Philippines" The following 58 pages are in this category, out of 58 total.
MORE Power was founded in 2018 under the parent company of Prime Strategic Holdings, Inc. of Enrique K. Razon.On February 14, 2019, it was granted a 25-year power distribution franchise in Iloilo City signed by President Rodrigo Duterte, after Panay Electric Company (PECO)'s 97-year-long service franchise in the city expired earlier on January 18, 2019.
On May 5, 2020, ABS-CBN TVplus was affected by the cease-and-desist order (CDO) issued by the National Telecommunications Commission (NTC) and Solicitor General Jose Calida due to ABS-CBN's franchise expiry (inability to renew the franchise before its expiration date). ABS-CBN's main channel and S+A ceased broadcasting, as well as the regional ...