Category Archives: Business

Fishball and Kwekwek Vendors To Boycott All Yellow Rallies

42287F72-FD21-4F33-A3A1-F0A49F402575MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – After yet another disappointing turnout at an anti-Duterte rally in Quezon City last night, the National Association of Fishball and Kwekwek Vendors (NAFKV) has passed a resolution to boycott all Yellow rallies going forward.

The disappointing turnout was in connection with the ‘Press Freedom’ rally held at the Boy Scout Circle along Timog Avenue in Quezon City. It was a protest against the SEC decision to revoke the media license of Rappler after the latter was found to have violated the Constitutional provision on foreign ownership of media.

Estimates put the crowd at a maximum of 300, including the news media, peace-keeping police and the statues of the boy scouts. Oh, and yes, the fishball and kwekwek vendors of course.

A spokesperson for NAFKV told The Adobo Chronicles that what used to be lucrative business for their members during protest rallies has turned into a losing proposition, whenever the rallies were sponsored by the Yellows.

”We have therefore decided to boycott all future Yellow rallies.  No more fishballs or kwekwek.”

Fishballs and kwekwek (fried, breaded quail eggs) are a favorite street food in the Philippines.

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Adobo Chronicles’ Exclusive Interview With Rappler’s Maria Ressa

3F2285C1-43CE-415F-BDD7-D15CD77E86A1MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – There’s been so much back and forth regarding the Securities and Exchange Commission’s (SEC) decision to revoke the media business license of Rappler due to the latter’s violation of the Constitutional provision on foreign ownership.

We caught up with Rappler CEO Maria Ressa at the U.S. Embassy in Manila where she was trying to renew her expired visa.  Here’s the full transcript of our interview:

AC: Your reaction to the SEC decision?

Ressa: Suppression of Press Freedom.

AC: SEC says that Rappler violated the Constitution.

Ressa: Curtailment of Press Freedom.

AC: Do you now deny that Omidyar Network has an investment in Rappler?

Ressa: There is no Press Freedom in the Philippines.

AC: Asec Mocha Uson has invited you to apply for accredition as a blogger and be part of the Malacañang Press Corps.  Will you accept?

Ressa: I’m a journalist.  Press Freedom is under attack!

AC: What are your immediate plans now that Rappler’s license has been revoked:

Ressa: To keep on saying ‘There is No Press Freedom in the Philippines.’

(end of interview)

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.