The main headline today ($10B offered for Pagcor. Tycoon Ramon Ang bids for gambling firm) is a one sided interview with San Miguel Corp's Ramon Ang, who is talking for himself (not for his company) in acquiring PAGCOR with a slew of foreign principals. The paper did not get any independent reaction to whatever Mr. Ang is saying regarding the possible impact of a US$10B privatization of PAGCOR.
The other front page news today:
New casino franchises suspended - a press report coming exclusively from the government side showing President Aquino's concern on "proliferation" of casinos even on places not frequented by tourists. Aquino +1.
RP quakes near undersea volcano - a report on a newly discovered volcano near the Philippines, the news title trying to tie it with recent earthquakes in Mindanao that are tectonic (not volcanic) in origin, and therefore has nothing to do with it.
DAR: Luisita deal may still be voided - although the title of this piece seems to say that DAR looks to the Luisita deal as something that is not yet final, the report itself seems to show the DAR supporting the deal. The President again is said to be unaware of the developments there supposedly rightly so for he only has very small share in the company. The report did not repeat the earlier report that President Aquino has divested his interest in the company. Obviously, this report goes to give President Aquino a way out of the Luisita mess. Aquino +1.
Life is a blast for employees of call centers - an AFP report on the call center industry employees' life in the Philippines.
Clark exec in trouble with wife over pay report - a report this time coming from the Clark chief executive embarrassed by recent now said to be erroneous salary reports.
Taliban kill 6 US aid workers, 4 others - a New York Times report of violence in Afghanistan.
US ship tells China: We’re here - an AP report on the US presence in Southeast Asia, touching on the Spratlys situation and other issues with China, which has importance to our country.
The score today seems to show President Aquino having his way with the Phil. Daily Inquirer:
Aquino: 2
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