NGCP debate: More about security than economics

The exclusion of national security concerns from the debate will have deep negative implications, not only on the country’s ability to defend itself, but also on matters of finance
There is a lively debate between the nationalist elements in the Senate and the apologists of Chinese investors in the country.

It centers around the National Grid Corporation of the Philippines (NGCP).

Now, do not get carried away by the name. Fully 40% of NGCP is owned by the State Grid Corporation of China (SGCC), while the remaining 60% is controlled by a group of Chinese-Filipinos led by tycoon Henry Sy Jr.

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