Masuwerti Meralco nang mabili nang bagong grupo

It is more fun criticizing

The trending tirade vs MVP and Ayala, two of biggest tycoons, billionaire in the country, highlights the monopoly and control of the tycoons on the economy.   Both virtually have control over the telco regulator, and may be even the energy regulator.

We may not be privy to the goings on between and among regulatory bodies and Meralco and others involved in power sector.  But reports have it that the main reason why the Lopezes sold Meralco was its difficulty in getting rate increases under GMA.  (GMA Govt planning to take over Meralco?

Govt sat on the request of Meralco for rate increase for 8 long yerars

The Lopezes sold out to the MVP group who eventually had 53% control of the company.  And lo and behold under MVP Meralco became very profitable because it got a provisional increase under the new administration.   Meralco was soon presided by a veteran former CEO of energy company and engaged in a lot of innovation (founding a collection company, internet via power lines)  prepaid electricity and many many more like outsourcing of linemans activity through its retired employees..

Going slow on big businesses - let us have statesmen and gentlemen running our country

It is more fun criticizing

Rizal Philippines
December 11, 2019

PD30 wants dialogue with water company

                                            Paano mo iboycott ang telco at expressway at 2big?

                                                  Grabe naman ang wish na ito.  


It is is still a democratic govt.  The revolutionary govt, thanks God is not yet in place.  (I understand a former colleague is the mastermind of this.  Bah)

This post is bothered by the sudden change of heart of the Presidency vs two of the largest business in the Philippines:  Ayala and the Metro Pacific.  Since they are all over the place and affecting the lives of people:  telco, infrastructures and water.   All of a sudden a large portion of the society, in social media owing to the sentiment and emotion carried by difficulties with the basic commodity, are ganging up vs Ayala and Pangilinan, and may be very soon with other businesses.

The two behemoths are in the process of large infrastructure project - the skyway linking North and South Express way.   Ayala is building communities for the masses and had major projects in Davao  Let us not forget the jobs they have created and taxes they have paid not to mention the solution to some of our problems.   Talk about gratitude.

Definitely the two large water companies have their lapses and may seem predatory and scandalous in their contracts.   I am no friend of this two guys what with: slow internet (Smart and Globe) and our town with water supply from Manila water. Who am I to say the contracts the past administration in 1997 are not onerous? Who is not without faults and defects.

But to kick them out and replace them with Prime Water, whose services are not that examplary and way below of Manila Water and  Maynilad is unfair and capricious and does not stand well with the rest of citizenry.

Same thing with ABS CBN. non renewal of franchise.  Certainly the Presidency carries with him the mandate of people and these businessmen and their employees also have people who need employment and jobs.

We want to see statesman as our leader.  Not vendetta kings or Megalomaniac emperors.   Time to be more circumspect.   Hinay hinay lang bay...