Most Filipinos opposed to more foreign ownership in PH economy – IBON Survey
Most Filipinos opposed to more foreign ownership in PH economy – IBON Survey
Research group IBON’s recent survey showed that the majority of Filipinos are against further foreign ownership in the country’s economy.
Asked if they favored the proposal to further open up the Philippine economy to foreign ownership of land, natural resources, utilities, educational institutions, companies or corporations and media outfits, majority of the respondents disagreed.
In further opening up foreign ownership of land, 88.4% of Filipinos answered no, while only 6.2% answered yes. In the exploration, development and utilization of natural resources, 86.6% said no, while 6.6% said yes. In the ownership of utilities 84.8% said no to foreign ownership , while 8.8% said yes.
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