TODAY'S BUSINESS HEADLINES

Over 100 cruise calls scheduled to dock in PHL this year – DOT 13-Jan-17, 11:24 PM | Philippines News Agency

China posts worst export fall since 2009 as fears of US trade war loom 13-Jan-17, 10:31 PM | Elias Gleen and Sue-lin Wong, Reuters

CONSUMER POWER OUTLOOK | Record low rates in January, spike in March 13-Jan-17, 2:38 PM | Gerard de la Peña, Bloomberg TV Philippines | Ernie Reyes, InterAksyon.com

We'll pay for medical bills of Bataan folk near coal plant, even if it's 'galis aso' - SMC's Ang 12-Jan-17, 2:56 PM | Shyla Francisco, Bloomberg TV Philippines

PHP up, PSEi down on investors disappointment on Trump's presscon 13-Jan-17, 12:33 AM | Philippines News Agency

Sky Cable blocks extension of rival's permit in Makati

InterAksyon.com means BUSINESS

MANILA, Philippines – The cable TV company of the Lopez group is blocking a rival’s bid to operate in Makati City.

Sky Cable Corp. has asked the National Telecommunications Commission (NTC) to recall the provisional authority it issued to Cable Link & Holdings Corp.

Sky Cable said allowing Cable Link to operate in Makati would lead to a duplication of service.

In blocking Cable Link’s permit, Sky Cable cited Section 5 of Executive Order 436, which prohibits the grant of a permit should the new entrant cause “ruinous competition.”

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