• 4 months ago
Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.

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Transcript
00:00In the midst of the tension in the West Philippine Sea, the Philippines has no plans to restrict or restrict investors from China to enter the country.
00:10According to the National Economic and Development Authority, or NEDA, Secretary Arsenio Balisacan, the country is open to any investor.
00:17However, Balisacan said, for now, only 5% of the official development assistance in the country is from China.
00:25Most of it comes from other institutions.
00:29Much of our ODA have come from other sources, particularly ADB and World Bank, Japan, and so, it's not like that.
00:41There were a number of projects that were initially, that were indicated as potentially Chinese projects,
00:50but those were not, either, those were delayed, or they didn't materialize, for one reason or another,
00:57and so we had to look for funding for those other sources.

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