SEC Certifies Thinking Pinoy And Pinoy Ako Blog As Legit Media Companies

32515FF1-2AFB-48B2-8E1E-F9F86DBAEB1F.jpegMANILA, Philippines (The Adobo Chronicles, Manila Bureau) – The Securities and Exchange Commission (SEC) is on a roll.

First, it revoked the license of Rappler to operate as a media company because it violated the ownership rules mandated by the 1987 Philippine Constitution.

Then, it ruled that The Adobo Chronicles is not a satire site because most of its stories were factual.

Now, SEC has certified that two major blogs from either side of the political spectrum are indeed, legit media companies — Thinking Pinoy and Pinoy Ako Blog.

”We have found no evidence of any foreign investment or funding for these two blogs,” SEC said.  “Both are 100% Filipino owned.”

”In fact, even their blog names are very Filipino — both using the title, “Pinoy,” unlike Maria Ressa’s company which used a very foreign-sounding name, “Rappler.”

All’s well that ends well.

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