(UPDATE) PRESIDENT Ferdinand "Bongbong" Marcos Jr. has vetoed a measure seeking to expand the franchise area of the Davao Light and Power Company Inc., Malacañang said on Thursday.

Press Secretary Rose Beatrix "Trixie" Cruz-Angeles said the President vetoed the bill "due to, among others, its susceptibility to infringe on the franchise coverage area of the North Davao Electric Cooperative."

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