The JFC referred to that

The JFC referred to that if the parties to the deal hold that the transaction does not violate the provisions on anti-aggressive agreements, mergers and acquisitions, and abuse of dominant market position, and would bring about advanced carrier for the customers, then there have to be no reason to dam or put off the PCC’s assessment.
HOT money or overseas portfolio investments within the Philippines rose to a record excessive in August, registering a internet inflow of $427 million, amid nice expectations that the Duterte management will increase infrastructure spending.

Nicholas Antonio Mapa, partner economist on the Bank of the Philippine Islands, stated: “The August numbers do seem to be the highest on report since the information began in 2005.”

Mapa said the surge became in most cases because of the P25-billion preliminary public supplying of Cemex Holdings Philippines Inc. In July which “attracted rankings of buyers given their solid prospects, with Duterte visible to bolster infrastructure spending and the housing marketplace last upbeat.”