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Robredo: Staying at Coconut Palace Despite Complaining that Rent of ₱440,000 Too Expensive


welcome By: Elena Grace Flores
It was highlighted during TV interviews when Leni Robredo was winning based on the unofficial partial server voting results transmissions that shifted to her favor – decreasing Bongbong Marcos’ lead after Smartmatic allegedly inserted a Hash Tag Script into the server’s settings, that she openly challenged Coconut Palace’s rent of ₱440,000 saying it’s too expensive for the government which tax payers pay.

However, she is now justifying her previous comments; saying that she will soon take his Vice Presidential office in two weeks time – and that it will be convenient to just continue for the time being.

Outgoing Vice President Jojo Binay is now busy packing his personal possessions. It’s noted however that ceremonial gatherings were normally held at the Coconut Palace, but the day-to-day operations were held at PNB building which is just near the Palace. OVP employees are also transitioned into Robredo except the 26 co-terminus with Binay.

Reference: http://cnnphilippines.com/news/2016/06/09/leni-robredo-jejomar-binay-transition-office-of-the-vice-president-coconut-palace.html

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Binay: ₱500 million Remaining Budget Awaits Robredo


welcome By: Elena Grace Flores
The Office of the Vice President spent less than 20 percent of its budget for 2016, leaving a hefty ₱500 million budget to Jojo Binay’s successor, Leni Robredo.

The transition teams already sorted this out during their meeting and Robredo’s representatives led by Boyet Dy were positive that the accounted funds will make the realization of Robredo’s anti-poverty and agricultural development projects easier.

Dy in behalf of Robredo’s team issued this statement; “We’re really very grateful to the current Office of the Vice President for what they’ve turned over to make sure we have enough fiscal space to be able to push our own advocacies and programs”.

Reference: http://cnnphilippines.com/news/2016/06/09/leni-robredo-jejomar-binay-transition-office-of-the-vice-president-coconut-palace.html

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Marcos is Marcos: Pnoy’s Efforts in Bringing Down Marcos’ Golden Age Failed


welcome By: Elena Grace Flores
Senator Bongbong Marcos who billed himself as a decisive “get-things-done” leader — could have won the Vice Presidency if not because of the election anomalies staged before him by Pnoy’s Liberal Party. The Liberal bet Leni Robredo, who won the race will always be under the microscope of the grilling public whom many of them symphatized with Bongbong. Even the Bicol region is now divided with what’s happening during the dirty election.

Why does Bongbong Marcos still remain appealling to the Filipino people – despite Pnoy’s constant bashing during speeches whenever he can against Ferdinand E. Marcos’ golden age? Even more so after the election when evidences of election fraud started to emerge – and then the upcoming election protest, plus possible recount.

Marcos is Marcos and for sure, it runs in the blood. The intelligence, charm and wit paired with sincerity and reliability cannot be faked, regardless of the negative media propaganda against him. After all, Marcos is Marcos and the truth will set the family free – and Philippines will be great again during his time as soon to be President.

Reference: http://cnnphilippines.com/news/2016/05/04/Bongbong-Marcos-BBM-martial-law-2016-elections.html
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Philippines can Suffer from Global Economic Crises through OFWs, Shipping and BPO Industries


welcome By: Elena Grace Flores
Eduardo Francisco, President of BDO Capital & Investment Corp. is in line with the World Banks’ forecast that the recent Global Financial crises may not be felt in the Philippines yet – but it can take a different course when Overseas Filipino Workers are laid off from their host countries.

It has been the pride of outgoing President Benigno Aquino III that he has contributed much to the stable economy of the country – but this contradicts Francisco’s observations. He said that we are not dependent on exports like China and Singapore so, recession is unlikely.

He said that the temporary financial stability is the result of our people patronizing our own products and services – like the tradition of families going to Jollibee, Max restaurant and SM Department stores. Should this trend continues, then there’s no problem but when their source of funds get shakened up like from remittances abroad, then economy can suffer a great deal. So, what did Aquino do for better economy?

Reference:
http://cnnphilippines.com/business/2016/06/08/PH-global-downturn-World-Bank.html

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Could a GMA Buy-out by Pacquiao Possible if Rating Sours?


welcome By: Elena Grace Flores
Few months ago GMA Network Inc. turned down Senator Manny Pacquiao and Chavit’s Singson buy-out offer by Chairman and CEO Felipe L. Gozon – the same as other prospective buyers.

Since the station is doing quite well in terms of profit at over 100% net income increase by end of this year compared to last year and rating really surges up, it would rather focus on growing the business. Political ads are one of its revenue makers every national election which is every 6 years. Profit margin on this segment even went up because they were able to pop up rates due to their leading the Nationwide Urban Television Audience Measurement ratings.

It will also speed up its digitization enhancement to be more competitive. However, will GMA be affected by President-elect Rodrigo Duterte’s media shut up when he refused to give live interviews to them until end of his term? Not sure about other segments but the news content is really not that exciting anymore as before when many people are really looking forward to it. That might be a start of the possibility to entertain buyers again?

Reference: http://www.gmanetwork.com/news/story/547472/money/economy/gma-network-rejects-buy-in-offer-from-pacquiao-singson