Category Archives: Business

Business Tycoon Buys Out Inquirer, Rappler

IMG_3035.PNGMANILA, Philippines (The Adobo Chronicles, Manila Bureau) – MANILA – A major shakeup of Philippine media is in the offing, as business tycoon Ramon Ang announced that he will buy The Philippine Daily Inquirer from the Prieto family and Rappler from Maria Ressa.

The two media companies have been accused of being the mouthpiece of the anti-Duterte faction and it wasn’t clear whether the purchase will lead to a further dissipation of the Yellowtards (pro-Aquino and pro-Liberal Party fanatics.)

Both Inquirer and Rappler have been in serious trouble, with the mainstream daily newspaper owing billions in unpaid rent and taxes to the government and the online news outlet accused of violating the Philippine Constitution over foreign ownership/investment.

The stock value and popularity of the two companies have more than significantly declined that their impending sale to Ang would only cost the billionaire One peso a piece.

Sources close to the Inquirer and Rappler told The Adobo Chronicles that the sale is a very prudent move to avoid further compounding of their legal, financial and tax liabilities to the Philippine government.

 

 

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Donald And Ivanka Trump Jointly Launch New Clothing Line

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Photo courtesy of David Poller 

HOLLYWOOD, Florida (The Adobo Chronicles, Miami Bureau) – In the summer of 2015, Macy’s stopped selling Donald Trump’s line of menswear after the then presidential candidate said many Mexican immigrants were rapists or murderers.

Since the election of her father, Ivanka Trump and her branded merchandise have been dropped from several prominent American retailers, most notably Nordstrom.

Now, father and daughter are back with a vengeance. They have jointly launched a new art nouveau and avant-garde line of clothing that fashion experts are describing as “in your face.”

Well, that face is of Donald.

The new line, for both women and men, debuted at the recent San Diego Pride Parade. It will be carried by Costco, Walmart, Target and 7-Eleven stores nationwide.

Watch for it!

 

Raissa Robles Launches New Martial Law Book

IMG_2887MANILA, Philippines (The Adobo Chronicles, San Francisco Bureau) – ‘Never Again.’ It has been the battlecry for those who were opposed to the dictatorial regime of the late Ferdinand E. Marcos, in obvious reference to decades of Martial Law under the deposed strongman.

It is also the title of the one and only book by self-identified ‘investigative journalist’ and blogger Raissa Robles.

But now, the battlecry — and Robles’ book — are moot and academic, after President Rodrigo Duterte declared Martial Law in Mindanao, a move upheld by both Congress and the Supreme Court.

So, what is Robles going to do?

Well, write another book, and she did.

The Adobo Chronicles learned from very reliable sources in San Francisco that Robles will soon launch a sequel to her first book.  This time, it will be titled, ‘Never Again and Again.’

The new book chronicles the failure of anti-Marcos elements to prevent a repeat of a Martial Law declaration in the Philippines.