PHILIPPINE DEPARTMENT STORE GIANT SM TO CONVERT INTO PX GOODS CENTERS

imageManila, Philippines (The Adobo Chronicles) – SM,  the Philippines’ leader in the retail industry, announced today that it was converting some of its department stores into PX Goods Centers. PX stands for Post Exchange which is basically the military department store. It sold goods that the average local store didn’t have. Servicemen would bring their native girlfriends or wives shopping on base. PX goods were extremely popular during the tenure of U.S. Military bases in the Philippines.

Now, as the Philippines and the United States prepare to sign a new 10-year agreement allowing renewed American military presence in this Southeast Asian country, SM said it would start converting some of its major stores into PX centers, starting with cities in which there are (or have been) military bases.  These include the former Clark Airforce Base in Angeles City, Subic Naval Base in Olongapo City and John Hay Airforce Base in Baguio City.  SM said it will also convert some of its department stores in the Visayas and Mindanao.

Filipino Americans hailed the SM announcement saying that this will eliminate the need to include such American goods like SPAM, Libby’s Corned Beef, Taster’s Choice Instant Coffee and Dove soap in balikbayan boxes they regularly ship to loved ones in the Philippines.

 

OPRAH WINFREY TO SUE KRIS AQUINO OVER JAMIE FOXX INTERVIEW

Kris Aquino
Kris Aquino

Los Angeles, California – Oprah Winfrey, America’s undisputed queen of television and host extraordinaire is suing the Philippines’ presidential sister and television host Kris Aquino for defamation.

The lawsuit is in response to a recent televised interview conducted by Aquino with American actor and singer Jamie Foxx aired on the Philippines’ ABS-CBN television network.  Aquino, who makes no secret that she is a avid fan of Foxx, told the actor that she is the Oprah of the Philippines.

Lawyers for Oprah, who has her own cable network, OWN (Oprah Winfrey Network),  said that the American host and actress was not happy about the comparison. “In fact, there is no comparison at all,” the lawyers said. “Oprah’s breadth of experience and interviewing skills are not even a close match to the neophyte Aquino,” the suit alleged.

The Adobo Chronicles has not been able to reach either the Winfrey or Aquino camps for comment.

 

REPUBLICANS ECSTATIC: AMERICA’S POOR NOW THE WORLD’S POOREST.

imageWashington, D.C. (The Adobo Chronicles) – The American middle class, long the most affluent in the world, has lost that distinction, according to a New York Times (NYT) analysis.

While the wealthiest Americans are outpacing many of their global peers, the NYT analysis shows that across the lower- and middle-income tiers, citizens of other advanced countries have received considerably larger raises over the last three decades.

But while America has lost one distinction, it has earned another, and Republicans are taking credit for it.

According to the same analysis, America’s poor are now the world’s poorest. “We believe that this new world record is due to sound, decades-long economic policies espoused by the Republican Party, said Senator Mitch McConnell, Jr., Senate Minority Leader.

With the mid-term elections this year and the next presidential elections in 2016, Republicans are hyped about their accomplishment and have expressed confidence that they will gain control of both houses of Congress as well as the presidency.

Click HERE to read more about the NYT Analysis.