Philippine frontrunner favors easing foreign ownership in media, utilities

By Karen Lema MANILA (Reuters) - Grace Poe, frontrunner in the Philippines' presidential election campaign, said on Wednesday she favored relaxing restrictions on foreign ownership in utilities and media as part of changes she would introduce in the constitution. The May 9 election is being closely watched by investors who fear the political succession could derail average economic growth of more than 6 percent a year and stall efforts to crack down on corruption made under outgoing President Be