{"id":245408,"date":"2020-02-19T01:21:27","date_gmt":"2020-02-19T06:21:27","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=245408"},"modified":"2020-02-19T01:21:27","modified_gmt":"2020-02-19T06:21:27","slug":"dominguez-hopes-investor-confidence-remains-amid-abs-cbn-issue","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/02\/19\/dominguez-hopes-investor-confidence-remains-amid-abs-cbn-issue\/","title":{"rendered":"Dominguez hopes investor confidence remains amid ABS-CBN issue"},"content":{"rendered":"<figure id=\"attachment_244857\" aria-describedby=\"caption-attachment-244857\" style=\"width: 1440px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/02\/1440px-ABS-CBN_Compound_-_Sign_And_Transmitter_South_Triangle_Quezon_City_2015-01-01.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-244857\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/02\/1440px-ABS-CBN_Compound_-_Sign_And_Transmitter_South_Triangle_Quezon_City_2015-01-01.jpg\" alt=\"\" width=\"1440\" height=\"1080\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/02\/1440px-ABS-CBN_Compound_-_Sign_And_Transmitter_South_Triangle_Quezon_City_2015-01-01.jpg 1440w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/02\/1440px-ABS-CBN_Compound_-_Sign_And_Transmitter_South_Triangle_Quezon_City_2015-01-01-300x225.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/02\/1440px-ABS-CBN_Compound_-_Sign_And_Transmitter_South_Triangle_Quezon_City_2015-01-01-768x576.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/02\/1440px-ABS-CBN_Compound_-_Sign_And_Transmitter_South_Triangle_Quezon_City_2015-01-01-1024x768.jpg 1024w\" sizes=\"auto, (max-width: 1440px) 100vw, 1440px\" \/><\/a><figcaption id=\"caption-attachment-244857\" class=\"wp-caption-text\">ABS-CBN\u2019s franchise will expire next month and the Senate is set to hear the broadcast company\u2019s petition to extend its 25-year franchise. (File <a href=\"https:\/\/commons.wikimedia.org\/w\/index.php?curid=74029202\">photo by Patrickroque01 at English Wikipedia, CC BY-SA 4.0<\/a>)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0&#8212; Finance Secretary Carlos Dominguez III has expressed optimism that investor confidence in the Philippines would remain intact if violations cited in the quo warranto petition against ABS-CBN would be proven correct.<\/p>\n<p>Dominguez said the violation cited by the Office of the Solicitor General (OSG) against the television network \u201cmight be a constitutional violation.\u201d<\/p>\n<p>\u201cI think that if that\u2019s proven, the investors will say, \u2018Oh these guys have been upholding the rule of law,\u2019\u201d he told journalists Tuesday on the sidelines of the Bureau of Internal Revenue\u2019s 2020 tax campaign kick-off at the Philippine International Convention Center in Pasay City.<\/p>\n<p>The OSG has asked the Supreme Court (SC) to revoke ABS-CBN\u2019s franchise, citing \u201chighly abusive practices.\u201d<\/p>\n<p>The OSG, through Solicitor General Jose Calida, said these practices \u201chave gone unnoticed or were disregarded for years.\u201d<\/p>\n<p>ABS-CBN\u2019s franchise will expire next month and the Senate is set to hear the broadcast company\u2019s petition to extend its 25-year franchise.<\/p>\n<p>Meanwhile, Bureau of Internal Revenue Deputy Commissioner Arnel Guballa said ABS-CBN has no tax liabilities to date but its sister company, which he did not identify, has a pending case before the Court of Tax Appeals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; Finance Secretary Carlos Dominguez III has expressed optimism that investor confidence in the Philippines would remain intact if violations &hellip;<\/p>\n","protected":false},"author":44,"featured_media":244857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-245408","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/245408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=245408"}],"version-history":[{"count":2,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/245408\/revisions"}],"predecessor-version":[{"id":245410,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/245408\/revisions\/245410"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/244857"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=245408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=245408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=245408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}