Seriously? Alam ko: Filipino students ranked last in reading comprehension and second to last in maths and science in an international survey...
Anyways, as you are too lazy to search by yourself to understand what is wrong with your post, here is a small historical facts:
. Meralco:
(I pass the Spaniard and American era)
In 1962, Don Eugenio López, Sr. acquired MERALCO and making it wholly Filipino-owned. During 1962-72, he increased MERALCO's power generating capacity by five times with the building of additional power stations in the Manila area with two more planned in Rizal Province.
In 1972, President Ferdinand Marcos declared Martial Law and issued Presidential Decree № 40, which nationalized the country's electric generation and transmission.
López's eldest son, Eugenio, Jr. ("Geny"), was arrested in order to force the elder López to turn over his businesses to President Marcos. Geny was charged for allegedly conspiring to assassinate President Marcos. With his son imprisoned, López was forced to give up his holdings in several companies worth several hundred million dollars, but Geny was not released from prison.
Ownership of MERALCO was placed under a shell company called the Meralco Foundation, Inc., controlled by Marcos associates (in particular, his brother-in-law Benjamin Romualdez), under the newly created state-run National Power Corporation (Napocor).
State control of MERALCO lasted until the People Power Revolution in February 1986 toppled the Marcos dictatorship. President
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. PLDT
On December 20, 1967, a group of Filipino entrepreneurs and businessmen led by Ramon Cojuangco took control of PLDT after buying its shares from the American telecommunications company GTE. The group took control of PLDT's management on January 1, 1968, with the election of Gregorio S. Licaros and Cojuangco as chairman and president of PLDT, respectively.
During the 1970s, PLDT was
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Log in or register now. by the government of then-President Ferdinand Marcos and in 1981, in compliance with then-existing policy of the Philippine government to integrate the Philippine telecommunications industry, purchased substantially all of the assets and liabilities of Republic Telephone Company, becoming the country's telephone monopoly. Under this monopoly, service expansion was severely curtailed or practically nonexistent. In the Martial Law years, people would apply for phone service only to wait for years and years on end behind an impossibly long application backlog. It is not unheard of for people and small businesses back then to barter for a single telephone line in the black market for tens of thousands of pesos.
After President Marcos was overthrown in 1986, the company was re-privatized and Cojuangco's son, Antonio "Tonyboy" O. Cojuangco, Jr. became chief executive
In 1998, Hong Kong-based
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PLDT acquired 51.55% of the shares of Digital Telecommunications Philippines from JG Summit Holdings in March 2011 with the cost of ₱69.2 Billion. Because of this, the shares of Digitel and JG Summit in the PSE surges while PLDT's shares remained unchanged. In the deal, JG Summit will have a 12% share in PLDT. It was finalized by the National Telecommunications Commission on October 26, 2011.
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.PNOC
PNOC was created in response to the 1970s energy crisis. The Philippine government, then under martial law and governed by President Ferdinand Marcos, responded to the crises by founding PNOC and forging oil-supply partnerships with supplier countries. The government later acquired refineries and petroleum transport and marketing firms with the aim of being a “total” energy company. PNOC also initiated the exploration of the country’s oil and non-oil energy resources, such as geothermal.
PNOC currently has 2 subsidiaries working together to realize PNOC’s vision: PNOC Exploration Corporation and PNOC Renewables Corporation. Both of them are own-state.
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.PAL
On February 26, 1941,
Philippine Air Lines, Inc., was formally incorporated by a group of businessmen headed by Andrés Soriano, Sr.. At that time, he was hailed as one of the Philippines' leading industrialists and served as the airline's general manager. Soriano and former senator Ramón J. Fernández acquired the franchise of Philippine Aerial Taxi Company, Inc. and renamed Philippine Air Lines (PAL)
A year after the declaration of martial law in 1972, Ferdinand Marcos, during his second presidential term, issued monopolizing decrees in the form of Letters of Instruction (LOI) nos. 151 and 151-A, which were known as the "one-airline policy". PAL was the lone surviving airline, absorbing
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Log in or register now. and Filipinas Orient Airways. On March 10, 1973, PAL was re-designated as the national flag carrier.
After Cruz's resignation to President Cory Aquino on the last day of the 1986 EDSA Revolution, Dante G. Santos became PAL president. He launched a massive modernization of the domestic fleet
In January 1995,
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On April 4, 2012,
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Log in or register now., said it planned to help modernise and strengthen PAL, renew its aging fleet and restore its competitiveness in the Asian aviation industry.
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.MWSS
The government changed its nomenclature in 1972 to Metropolitan Waterworks and Sewerage System (MWSS), by which it is known to this date. From a national agency, attending to water needs of the entire Philippines, the MWSS by virtue of its Charter was tasked to provide water to Metro Manila and environs.
Many laws were promulgated for the purpose of addressing the water crisis. However, the most significant and related to the operation of the water utilities, among others, was the National Water Crisis Act of 1995 (RA #8041). This law states the need for the government to adopt urgent and effective measures to address the nationwide water crisis which adversely affects the health and well being of the population, food production and industrialization process.
These was followed by the enactment of Executive Order No. 286 which affected the reorganization of the MWSS and Local Water Utilities Administration (LWUA) to enable these agencies to become more effective, efficient and responsive to the country’s needs for potable water.
In March 1996, Executive Order No. 311 was implemented. This policy encouraged the private sector’s participation in the operation and facilities of MWSS.
As a result of these numerous adjustments, the MWSS – on its 120th years of continued service to the people- was privatized. This bold move was aimed at improving the water delivery service.
The responsibility to operate and improve the waterworks system was passed on to the two private consortia in conformity to the Concession Agreement. This contractual agreement was entered into by the Republic of the Philippines through the MWSS, the Maynilad Water Services Inc. (MWSI) for the West Zone and the Manila Water Company, Inc. (MWCI) for the East Zone.