Category Archives: Business

Blogsite Rappler Inaugurates New Offices

PASIG CITY, Philippines (The Adobo Chronicles, Pasig City Bureau) – Just twenty-four hours after the Securities and Exchange Commission (SEC) confirmed its earlier ruling to revoke the media license of Rappler, convicted criminal Maria Ressa’s online news source inaugurated its new offices as a blogsite.

The SEC ordered the shut down of Rappler for violation of the Philippine Constitution prohibiting foreign ownership of media. The early ruling by SEC was all but upheld by the Court of Appeals and the Supreme Court.

The physical address and contact information for Rappler the blogsite remain the same at Unit B, 3/F, North Wing Estancia Offices, Capitol Commons, Ortigas Center, Pasig City 1605. Telephone: +632 8661 9985.

Congratulations to the Rappler Blogsite for this new, exciting endeavor!

After Dismal Performance, Rappler Will Now Turn To Dealing In Securities!

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – We all remember when Maria Ressa complained about the government tagging it as a ”dealer in securities” in connection with the probe on Rappler’s alleged illegal foreign investment.

Well, fairy tales do come true.

After being in the rock bottom in audience trust of Philippine news media brands in the last two consecutive polls by the Reuters Institute at the University of Oxford, Ressa is throwing in the towel.

The convicted Rappler CEO who worked her way up to the Nobel Peace Prize through lies and disinformation, told The Adobo Chronicles that she was shutting down her online news business and investing instead in securities.

She said she was confident of the success of her new venture because many of her young staff at Rappler are financial, economic and business experts. ”It’s going to be a win-win situation.,” she added.

Media trust survey by Reuters/Oxford in 2020 and 2021

U.P. Diliman Campus To Be Converted To The World’s Biggest Mall!

QUEZON CITY, Philippines (The Adobo Chronicles, Quezon City Bureau) – Move over, Mall of America. Here comes the Great Mall of the Philippines, bigger, better, more modern and more environment- friendly!

Hours after the U.P. Office of Student Regent urged Iskolar ng Bayan (government-paid scholars) to walk out of their classes because of the impending landslide presidential victory of Bongbong Marcos, the president-elect’s transition team immediately submitted a unique proposal: to convert the U.P. Diliman campus into the biggest mall in the world. It will be called The Great Mall of the Philippines.

The transition team made the recommendation, saying that empty classrooms and buildings at the country’s national university would be an unnecessary waste of space, resources and funds.

”Converting the entire campus into a mall would generate billions of pesos to help boost the Philippine economy, not to mention the huge government savings from the withdrawal of funds for free tuition afforded to U.P. students.

The transition team has sent out requests for proposals for the design to convert the sprawling campus to a one-of-a-kind shopping complex with lots of parking, lots of trees, and lots of customer patriotic spirit.

What a win-win project that the BBM administration is off to a great start with!

(Darwin Cañete contributed to this report.)