Category Archives: Business

DONALD TRUMP FOR PRESIDENT: ‘CELEBRITY APPRENTICE,’ MISS UNIVERSE PAGEANT ON HOLD

Trump with 2012 Miss Universe Olivia Culpo of the U.S.A
Trump with 2012 Miss Universe Olivia Culpo of the U.S.A.

PALM BEACH, Florida (The Adobo Chronicles– Most people think that the idea of Donald Trump running for president of the United States is a big joke. But for the real estate mogul, it’s serious business.

Donald Trump has put off agreeing to an extension of his “Celebrity Apprentice” reality television show while he weighs a 2016 U.S. presidential bid. He told NBC yesterday he could not commit to a three-year contract extension for the series until he decides whether he’s running. From all indications, the Donald is throwing his hat in the ring.

Trump, speaking at an event at his Mar-a-Lago estate on Palm Beach, also said that he is putting off next January’s Miss Universe Pageant so he could focus on his presidential campaign. Trump is the owner of the Miss Universe Pageant.

Upon hearing the news, Miss Philippines-Universe Pia Wurtzbach, broke into tears, saying she has waited for years to be on the Miss Universe stage. Wurtzbach finally won the title this year after several attempts at the crown.

Meanwhile, The Adobo Chronicles learned that the Philippines’ richest man, Henry Sy, is seriously considering buying the Miss Universe franchise from Trump.

Sy owns  the SM Investments Corp, the largest retailer in the Philippines with over 200 individual outlets around the country. The firm is one of the country’s largest conglomerates with interests in real estate development, shopping malls and banking. One of his more recent ventures, the City of Dreams Manila resort and casino, which opened in December 2014, cost $1.3 billion to develop.

A spokesperson for Sy said that if the Filipino billionaire succeeds in acquiring the Miss Universe Pageant, he plans to make the Philippines the permanent venue for the annual beauty competition.

GOOD NEWS: PRESIDENT AQUINO REPORTS ON HIS SUCCESSFUL STATE VISIT TO CANADA

Canadian imports that arrived at the Port of Manila in 2013.
Canadian imports of ‘recycled’ materials that arrived at the Port of Manila in 2013.

MANILA, Philippines (The Adobo Chronicles) – President NoyNoy Aquino returned to Manila Monday from a five-day trip to Canada and the United States with what he enthusiastically described as “good news.”

The good news consists of pledges for more Canadian investments in the Philippines and  a package of initiatives boosting trade and labor relations with this North American country.

To demonstrate his highly successful negotiations during his Canadian state visit, Aquino said that in the next 60 to 90 days, several ships will arrive at the Port of Manila, with hundreds of containers bearing recycled trash.

“This will augment the containers from Canada that arrived in Manila in 2013,” Aquino said. The importation consisted of about fifty 40-foot container vans of non-recyclable plastics, used adult diapers, broken bottles and glasses, waste paper and household/kitchen waste.

“Diplomacy works. We are proud to have brokered a very healthy trade cooperation with Canada,” Aquino told reporters.

VERIZON BUYS AOL, WILL OFFER NEW CUSTOMERS FREE INTERNET ACCESS

imageNEW YORK, New York (The Adobo Chronicles) – Verizon said Tuesday that it would buy AOL at $50 a share in a deal with an estimated value of $4.4 billion. The move is an effort to expand Verizon’s digital and video offerings.

So, if you’ve been holding on to your AOL account all these years, you’re in luck!

As part of the deal, all AOL account holders who switch to Verizon for their Internet, phone and email servcies will get free Internet access for life!

Dial-up, that is.