BREAKING: CNN Philippines officially announces that it will stop news production operations starting today as a result of “serious financial losses”



CNN Philippines President Benjamin Ramos: It is with heavy heart that we share the difficult news that we will stop news production operations as a result of serious financial losses
CNN Philippines President Benjamin Ramos to employees: We thank you for delivering news that are fair, accurate and balanced. You have rightfully earned the trust of Filipinos and we sincerely thank all of you for that!!

More details as we are yet to hear from CNN HeadQuarters!!