TRADE WARS
Philippines offers China chance to run third telecom service
by Staff Writers
Manila (AFP) Nov 20, 2017


Philippine President Rodrigo Duterte has offered China an opportunity to create a third telecommunication provider in the country, his spokesman said Monday, using rapidly-warming ties with Beijing to break a duopoly that consumers blame for poor services.

Duterte, who has courted Beijing while loosening his nation's alliance with the United States, made the offer in a meeting with Chinese Premier Li Keqiang in Manila earlier this month, presidential spokesman Harry Roque said.

"President Duterte offered to the People's Republic of China the privilege to operate the third telecoms carrier in the country," Roque told reporters.

He said they have not yet designated the Chinese company that would enter the Philippine market.

But Roque added that this would be an integral step to ending the "duopoly" of two local firms, Globe Telecom Inc. and PLDT Inc.

Consumers have complained that the dominance of these two companies has left the Philippines lagging behind its neighbours in telecoms services.

These reportedly include the slowest average internet speed in the Asia-Pacific.

Asked why Duterte had singled out China to enter the local telecom market, Roque replied: "the president said that China has the capital and the technology to provide efficient telecom service."

Roque also said the these Chinese companies also have large numbers of subscribers, proving their capabilities.

"Consider also the proximity and the fact that we want to avail of as much economic advantage that we could arising from the renewed friendly ties with China," he added.

A $329 million national broadband contract with Chinese telecom giant ZTE was cancelled in 2007 after a bribery scandal that severely embarrassed then-president Gloria Arroyo.

In contrast to his predecessors, Duterte has pursued closer economic, political and defence ties with China since he was elected last year, even setting aside Manila's territorial dispute with Beijing over large parts of the South China Sea.

He is also expecting to receive large amounts of Chinese aid and investment to upgrade the Philippines' inadequate infrastructure system.

However critics have questioned whether the outspoken leader is getting the best deal.

str-mm/klm

ZTE

TRADE WARS
China to build $1.6 bn aluminium plant in Tajikistan
Dushanbe, Tajikistan (AFP) Nov 17, 2017
China will build an aluminium factory worth $1.6 billion in ex-Soviet Tajikistan, the Central Asian country's leading smelter said Friday, in a sign of Beijing's increasing influence over the economy of its resource-poor neighbour. China - which already owns over half of Tajikistan's external debt - has long sought to boost ties in the ex-Soviet Central Asia region which Russia has traditi ... read more

Related Links
Global Trade News

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Improving sensor accuracy to prevent electrical grid overload

Japan faces challenges in cutting CO2, Moody's finds

IEA: An electrified world would cost $31B per year to achieve

'Fuel-secure' steps in Washington counterintuitive, green group says

TRADE WARS
New computational method provides optimized design of wind up toys

Renaissance of the iron-air battery

Musk beats deadline for building world's biggest battery

Study helps make microgrids a more reliable power source

TRADE WARS
New wind farm in service off the British coast

End tax credits for wind energy, Tennessee Republican says

New York sets high bar for wind energy

Construction to begin on $160 million Industry Leading Hybrid Renewable Energy Project

TRADE WARS
Glass microparticles enhance solar cells efficiency

Expanding wavelength range for solar energy conversion

Artificial photosynthesis gets big boost from new catalyst

Recurrent Energy secures debt financing for 20 MW California solar project

TRADE WARS
Lightbridge and AREVA NP Sign Agreements to Immediately Advance Fuel Development

UK made grave errors over Hinkley nuclear project: MPs

Belarus nuclear power plant stirs fears in Lithuania

Swiss nuclear plant finds defective tubes from France's Areva

TRADE WARS
Surrey develops new 'supercatalyst' to recycle carbon dioxide and methane

Coffee set to power London buses in green initiative

Sandia speeds transformation of biofuel waste into wealth

Desert solar to fuel centuries of air travel

TRADE WARS
OPEC anticipation gives oil bulls a chance to run

British energy lauded for momentum as economy falters

Russia's budget deficit indicative of growth

Ukraine says chief goal is to be energy independent

TRADE WARS
Spain, Portugal struggle with extreme drought

Study settles prehistoric climate puzzle

UN climate envoys agree on way forward, despite Trump

Keeping it real: UN climate talks struggle to stay relevant