Rappler, the online media of Filipino correspondents. The license was revoked by the Philippine Stock Exchange Commission. on the grounds that it violates foreign investment control laws.
Today (29 June 2022) foreign news agencies reported that the Securities and Exchange Commission of the Philippines. The statement stated that It has revoked Rappler’s operating license for violating the Constitution and regulations governing foreign investment in media affairs.
Maria Rezza, executive and founder of the Nobel Peace Prize laureate Rappler, said she would appeal the order. The processes that occur have many abnormalities. with confirmation that Rappler will continue to work as usual And hope the situation will improve under the rule of Ferdinand Marcos Jr., the president of the Philippines. to assume the position on June 30
Rappler is one of the few media outlets to criticize the work of Philippine President Rodrigo Duterte. including the openly war against drugs policy The revocation order came just a day before Duterte stepped down.
Sources: AFP, CNN
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