Manila, March 3 -- The Presidential Communications Office (PCO) is exploring the possibility of establishing a regulatory body to monitor and evaluate social media content in a bid to address the growing problem of fake news.

In a media interview Monday, PCO Acting Secretary Jay Ruiz revealed that talks are ongoing regarding the potential creation of a social media regulatory body.

"Pinag-aaralan natin 'yan na sana magkaroon kahit papano lalo na sa mabibigat na issues (We are studying the possible creation of a social media regulatory body, especially when it comes to sensitive issues). As I've said, a lie told a thousand times trounces the truth," Ruiz told Palace reporters.

Ruiz likened the regulation of social media to the regulatio...