ABS-CBN shutdown 'highly politicized,' to weigh on foreign investments: Fitch Solutions
ABS-CBN News
Updated as of Jul 08 04:16 PM
MANILA — The “forceful termination” of multimedia giant ABS-CBN Corp and part of the services of its unit, Sky Cable, will weigh on the country’s ability to lure foreign investors, noting the decision was “highly politicized,” a report by Fitch Solutions said on Wednesday.
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