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Monday, November 15, 2010

Net Income of Lucio Tan's Property Arm Reaches P530-M

The property arm of the Lucio Tan Group reported a P530 million net income for the first 9 months of 2010, 7 times more than its P67 million profits it gained during the same period in 2009.

Eton Properties Philippines Inc. sees robust residential sales, income lease from office and commercial properties, and new product launches as the factors which greatly raised Eton's earnings from January to September. Thus, these will put it on track with its full-year earnings goal of P700 million.

The company's revenues surged by 89% to P2.9 billion from P1.5 billion a year ago. Eton is particularly taking advantage of the affordable market segment, which is catered to by its newest brand, First Homes Inc.

With a detailed report from ABS-CBN News, click here.

War vets in PH to get P22B worth of benefits

A total of $502 million or nearly P22 billion in benefits will be given away to Filipino and American war veterans living in the Philippines, a US Department of State report reveals..

The benefits will be provided by the the Social Security Administrationn and the US Department of Veterans Affairs (DVA).

Moreover, the US government is spending $125 million (about P5.47 billion) on the development and upgrade of its facilities at the US Embassy compound in Manil. This includes construction of an out-patient clinic for the veterans.

With reports from Inquirer.net, read further by clicking here.

Filipino tax informer seeks P11-trillion reward

Danilo Lihaylihay, a Filipino tax informer, may become one of the world’s wealthiest men if the Supreme Court concedes to his filing of a multitrillion-peso claim against the government.

Lihaylihay is asking the high tribunal to direct the national governemnt to pay him P11.875 trillion in "partial claims" for supposedly cracking information which led to the retrieval of the Marcoses' P47.5 trillion in fraudulent wealth .

The amount he is demanding is larger than the P85.1 billion of the illiciit assets of the late dictator Ferdinand Marcos, his family and cronies which the Presidentictial Commission on Good Government (PCGC) had actually reclaimed as of June 30, 2009.

It is even a number of times bigger than the Aquino administration's proposed national budget for 2011 of P1.645-trillion.

This case may seem ridiculous and  contemptible, but Lihaylihay argued that RA No. 2338, or the Informer's Reward Law, clearly states that any person who helped recover the illegally acquired assets was entitled to get 25 percent of that reward from the government.

With reports from Inquirer.net, click here.

Sunday, November 14, 2010

Pacquiao-Margarito Fight Latest Updates, Video Replays, Pacquiao Wins, Defeats Margarito, Owns Ring!

(Reports from Inquirer.net Sports Column)

MANILA, Philippines – (UPDATE) Underscoring his tag as the world's best pound for pound fighter, Filipino ring hero Manny Pacquiao bucked a size disadvantage to outclass a game Antonio Margarito of Mexico and claim the WBC super welterweight
crown, his eighth weight crown, at Cowboys Stadium in Texas Saturday night (Sunday here).

There was no knockdown but Pacquiao, despite giving up close to 20 pounds in weight, proved dominant throughout the bout set at a catch weight of 150 lbs.

Unlike Joshua Clottey who refused to engage Pacquiao, Margarito gamely fought his heart out against the Filipino champion. In the end, however, his face was reduced into a bloody mess.

Pacquiao went through the motions in the final round, with the outcome all but wrapped up in the first 11 rounds.

Margarito took heavy shots but stayed on his feet. Pacquiao completes his classy performance with a late combination that lands flush on Margarito's face.

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See video uploads below, c/o Youtube uploaders. Apologies for unclear, inconvenient shots. The series of videos will be made availably complete later. Congratulations Manny "Pacman" Pacquiao, the first national government official to compete in a boxing championship!! Pacquaio, IMBA mo talaga!

Pacquiao Defeats Margarito! (Inquirer Portal)
Margarito Escapes Onslaught (Inquirer Portal)
Pacquiao Dances Away from Trouble (Inquirer Portal)
Pacquiao Still Stable (Inquirer Portal)
Pacquiao-Margarito Fight Update on Round 2 (Inquirer Portal)
Click this sentence and get to see more than five (5) mostly free alternatives to watch the Pacquiao-Margarito fight online!

Pacquiao-Margarito Fight VIDEO REPLAYS
Round 1


Round 2


Round 3


Round 4


Round 5



Round 6


Round 7, 8, 9 Previews


Round 10, 11, 12

(UPDATED) Pacquiao Defeats Margarito via Unanimous Decision! Free Stream! Live Watch Pacquiao vs Margarito Online Live Boxing

HOTTEST UPDATES:
View the series of rounds in video uploads HERE. Or, you may type Pacquiao-Margarito Fight Round "insert round number" in Youtube search tab. Apologies for unclear, inconvenient shots. The series of videos will be made availably complete later. Congratulations Manny "Pacman" Pacquiao, the first national government official to compete in a boxing championship!! Pacquaio, IMBA mo talaga!

Pacquiao Defeats Margarito! (Inquirer Portal)
Margarito Escapes Onslaught (Inquirer Portal)
Pacquiao Dances Away from Trouble (Inquirer Portal)
Pacquiao Still Stable (Inquirer Portal)
Pacquiao-Margarito Fight Update on Round 2 (Inquirer Portal)
Click this sentence and get to see more than five (5) mostly free alternatives to watch the Pacquiao-Margarito fight online!

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Do you want to know how to watch Pacquiao vs Margarito live online?



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Who's pair of gloves will prevail? Surely, a lot of boxing fans out there are waiting for this new chapter in history. It can be remembered that, "Margarito's reputation was tarnished by an incident in which his corner is alleged to have tampered with his hand wraps prior to his bout with Shane Mosley, which were found by the CSAC to contain sulfur and calcium which, when combined with oxygen, forms 'Plaster of Paris'" (Wikipedia).

Meanwhile, there has been no record of violations or misconduct for Manny "Pacman" Pacquiao who usually wins via knockout (data shows 38 out of 51 fights won were by knockout). He is also the WBO Welterweight World Champion (Super Champion) and is recognized as the number 1 pound-for-pound best boxer in the world. Will these be enough to defeat his rival? I guess we'll find it out in the days which are to come.