1. Do y0u agree on a bill passed by the House of Representatives stipulating 100% foreign-owned utility companies in the Philippines?

2. Discuss the pros and cons of the bill

reference:

File Tools View ACTIVITY NUMBER 3 CONWORLD.docx [Read-Only] - Word (Product Activation Failed) X READ-ONLY This document is locked for editing by another user. Save As X House passes bill allowing 100% foreign ownership of public services Petroleum Published 5:07 PM, March 10, 2020 Updated 4:56 PM, April 14, 2020 Mara Cepeda (Rappler) Sewerage system MANILA, Philippines (UPDATED) - The bill that would allow foreigners to Telecommunications system fully own public services like transportation, communication, and power firms in the Philippines successfully hurdled the House of Representatives. Wire or wireless communication system On Tuesday, March 10, 136 lawmakers voted yes to House Bill (HB) No. 78, which would give a distinction between how a public service and a public HB No. 78 then limits the definition of public utility to any person or entity utility is defined under Commonwealth Act No. 146 or the Public Service Act, in effect allowing foreigners to fully own public services in the Philippines that operates, manages, or controls for public use the distribution of electricity, transmission of electricity, water pipeline distribution, and sewerage pipeline. A total of 43 legislators - including several allies of President Rodrigo Duterte - voted against the bill, while one abstained from the vote. But HB No. 78 not only makes a distinction between public services and public utilities, it also leaves out the 60-40 constitutional rule on foreign owner- Under HB No. 78, public services are those which are "non- rivalrous or ship. imbued with public interest," such as: The Senate version of the bill remains pending at the committee level. It Marine repair shop has to be approved by senators on 2nd and 3rd readings before Duterte can sign it into law. Wharf or dock Canal Opposition lawmakers have long argued the measure is unconstitu- tional. Public market This is because Section 11, Article XII of the 1987 Constitution currently Irrigation system reserves the ownership, operation, control, and management of public utilities to Filipino citizens or to corporations or associations, and at least 60% of its capital Gas stock should by owned by Filipinos. Electric light Gabriela Representative Arlene Brosas said the bill would now allow for- Heat and power eigners to own "critical" public services like telecommunications and transporta- tion. Water supply and power Pr O P ] 7 PS 33'C Partly sunny ENG 5:05 PM US 9/22/2021 E