Coco reveals Vice Ganda almost quit showbiz

 Entertainment
Feb 082016
 
Coco reveals Vice Ganda almost quit showbiz

Coco Martin (MNS photo) Coco Martin revealed during the victory party of “Beauty and the Bestie” that there was a time when his friend Vice Ganda thought of quitting showbiz. Martin said this happened when the TV host-comedian was making showbiz headlines left and right. “Actually nung nag-uusap kami noon, nalulungkot ako para sa kanya kasi nararamdaman ko talaga na down siya. Sa mga kuwento niya sa akin, gusto na niyang bumitaw. Sabi niya, ‘Gusto ko na magpahinga, gusto ko mag-abroad, mag-shopping, magbakasyon kasama ang boyfriend ko,’” Martin shared. But Martin constantly reminded his co-star of all their hard work in reaching where they are today. “Nung mga taon na marami nang pumupuna sa kanya, down siya, sabi ko talaga sa kanya, ‘Huwag na huwag mong bibitawan itong trono mo. Nagsimula tayo sa wala. Pero sa pagkakataong ito, nandiyan ka na. Huwag mo hahayaan na mawala lang ito sa ‘yo ng basta-basta,’” he said. Martin credits “Beauty and the Bestie” for reigniting Vice Ganda’s enthusiasm for work. “Honestly sinasabi ko sa kanya ang mga bagay na ‘yun kasi gusto ko siya magising, gusto ko lumaban siya ulit. Nung papatapos na ang pelikula, nakikita ko na nabubuhay na siya ulit, ginaganahan. Kaya sabi ko bumalik na siya. May time lang talaga na down siya pero hindi talaga nagpatalo ang kabayo hanggang finish line, lumaban,” he said. Turning emotional, Vice Ganda said “Beauty and the Bestie” wouldn’t be a huge success if not for Martin and the rest of the cast and Read More …

PAL announces the launching of its non-stop LAX-Cebu flight on March 15

 Entertainment
Feb 082016
 
PAL announces the launching of its non-stop LAX-Cebu flight on March 15

By Joy Marino PAL-LAX Sales Manager Jemma Saranillo with her Team LOS ANGELES − Philippine Airlines is expanding its United States service with the launching of its non-stop flight from Los Angeles to Cebu, an executive of the Philippines’ national flag carrier announced. The launch of the flights between Cebu and Los Angeles coincides with the airline’s 75th founding anniversary on March 15, said  Jemma Saranillo, PAL Los Angeles Sales Manager during the Roadshow Presentation held at the Millennium Biltmore Hotel in Los Angeles last Wednesday, February 3. According to Ms. Saranillo, PAL will utilize its 254-seater Airbus A340 for the Cebu-Los Angeles flights.  The Airbus A340 is equipped with a 36-lie flat business seats and 218 economy-class seats. This new direct flight from Los Angeles to Cebu will provide travellers to either Visayas or Mindanao the convenience of having to travel without stopping in Manila.  Cebu is a short stop to any point in the Visayas and Mindanao, as well as to Palawan. No less than Consul General Leo Herrera-Lim endorsed Philippine Airlines.  “PAL is the best carrier if you are travelling to the Philippines,” he said, citing the many advantages of taking PAL’s non-stop flights to the Philippines. While Philippine Airlines expects strong traffic from Filipino travelers and balikbayans for the Los Angeles-Cebu flight, the Philippine Department of Tourism sees this development as a great opportunity to further promote Cebu as a tourist destination. Rowena Montecillo, Director of DOT-Region 7, in power point presentation highlighted the many tour Read More …

Record 32-million-euro auction sale for 1957 Ferrari

 Entertainment
Feb 082016
 
Record 32-million-euro auction sale for 1957 Ferrari

(Paris–AFP) – A legendary 1950s Ferrari has fetched a world record 32 million euros ($35 million) at auction, going under the hammer in Paris. Applause broke out after the hammer ©scyther5/Shutterstock.com came down on the bidding for the 1957 335 S Spider Scaglietti at the Artcurial auction house just off the Champs-Elysees. In a sale that generated interest from around the world, the race car fetched 28 million euros plus premiums and taxes taking the overall price to just over 32 million euros. The Spider — which beat the record set in 2014 when a 1962 Ferrari 250 GTO sold for what was the equivalent of 28.9 million euros — finished sixth in the Sebring 12 Hours race in 1957 and second in the Mille Miglia 1,000-mile (1,600-kilometre) road race in Italy. Thereafter the car was returned to the factory to have its engine size boosted from 3.6 to 4.1-litres — boosting power from 360 to 400 horsepower, allowing a top speed of 300 kilometres an hour (186 mph). The Ferrari enabled the Italian manufacturer to win the Constructors’ World Championship title in 1957. The identity of the purchaser of the Spider was not revealed following Friday’s deal but is US-based, according to Matthieu Lamoure, director general of Artcurial motorcars. “Clearly, we won’t soon forget,” Lamoure told journalists after the hammer came down on the record sale, bidding having started at 20 million euros. The sleek machine had belonged to the family collection of late French racing driver Pierre Bardinon, Read More …

Chanel draws on lip gloss design for portable ‘Coco Mademoiselle Touche de Parfum’

 General
Feb 082016
 
Chanel draws on lip gloss design for portable ‘Coco Mademoiselle Touche de Parfum’

Keira Knightley is the face of Chanel’s “Coco Mademoiselle” in a campaign shot by Mario Testino.©Mario TESTINO pour Chanel (Relaxnews) – Chanel has transformed its iconic fragrance into an innovative new limited-edition format for spring 2016. “Coco Mademoiselle – Touche de Parfum” is a handy bag-sized solution for adding a touch of scent anytime, anyplace. It’s due out in March via www.chanel.com or from accredited retailers. Chanel’s “Touche de Parfum” makes this favorite scent perfectly portable in an all-new way. With a design inspired by a lip gloss, the fragrance dabs onto skin with a sensual and luxurious touch. This new on-the-go perfume comes in a pearly beige suedette pouch and has an applicator for adding a drop of the gel-textured scent to choice points on the body, such as the wrists, neck or décolleté. The “Touche de Parfum” version has the same key ingredients as the original feminine oriental scent, with notes of orange, jasmine and rose, plus patchouli and vetiver accords. “Coco Mademoiselle” is already available in several formats, including Eau de Parfum, Eau de Toilette, a hair mist and a compact twist-and-spray Eau de Parfum. The limited edition “Coco Mademoiselle – Touche de Parfum” will be available from March 2016, priced €80. cp/hc/cb

BEPS Action Plan 14: Making dispute resolution mechanisms more effective

 Economy
Feb 072016
 

(Second of two parts) In the first part of this article, we talked about provisions of the Organisation for Economic Co-operation and Development’s (OECD’s) final report on Base Erosion and Profit Shifting (BEPS) Action Plan 14, which reflects the commitment of participating countries to implement substantial changes in their approach to dispute resolution in the area of tax treaties.

Transco to tackle land issues in Mindanao

 General
Feb 052016
 
Transco to tackle land issues in Mindanao

Philippine Daily Inquirer By: Riza T. Olchondra, February 6th, 2016 02:05 AM The National Transmission Corp. (Transco) will make an inventory of land along transmission lines in Mindanao as part of efforts to resolve right of way issues that hamper energy security in the power-starved island, the Department of Energy (DOE) said Friday. A multisectoral group called the Inter-Agency Task Force for the Security of Energy Facilities (IATFSEF) was created to address transmission security and right-of-way (ROW) issues in Mindanao and TransCo was part of that group. Transco was assigned to tackle ROW issues, DOE said. “For the ROW, one of the measures is to provide the inventory and identification of the lands including the vegetation and structures involved, valuation of the properties, capability to implement expropriations and/or execute restoration activities, and identification of priority areas,” DOE said. Other agencies were tasked as follows: the Philippine National Police and Armed Forces of the Philippines for security matters, the Department of Justice (DOJ) to study legal issues, the National Grid Corp. of the Philippines (NGCP) for the community relations and DOE for the information, education, and communication (IEC) campaign. On security concerns, nearby communities are called upon again to help scout and secure the transmission facilities. Members of the police and the military will be involved to augment and assist them, DOE Secretary Zenaida Y. Monsada said in a statement. Monsada also underlines that the government is seeking all legal recourse following the persistent concerns compromising the country’s expensive power facilities. Read More …

Max’s OKs P350-M share buyback plan

 Economy
Feb 052016
 
Max’s OKs P350-M share buyback plan

The Max’s Group is pursuing its expansion with the planned opening of 60 to 80 new stores across all its brands, both locally and overseas. This is in line with its goal to have 1,000 stores by 2020. STAR/File photo MANILA, Philippines – The Max’s Group Inc. has approved a two-year share buy back program amounting to P350 million. In its disclosure, the company said received the green light from its board to implement a two-year share buy back program. “This is in line with the corporation’s cash management activities seen to benefit shareholders in the long-term. At today’s closing price of P14.54 per share,  the amount of P350 million is equivalent to approximately 2.2 percent of the firm’s  total outstanding shares,” Max’s said. Companies have been buying back shares since last year amid the ongoing market volatility, which has pulled down share prices. These include Bloomberry Resorts Corp., International Container Terminal Services Inc., Energy Development Corp., Splash Corp., Phinma Corp. Vista Land and Belle Corp. Analysts said many companies are buying back shares to take advantage of the low price environment. The Max’s Group is pursuing its expansion with the planned opening of 60 to 80 new stores across all its brands, both locally and overseas. This is in line with its goal to have 1,000 stores by 2020. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 It recently signed an agreement with China-based partners JuYangYiTong of the Zhongfa Group to build at least 15 Yellow Cab Pizza Read More …

Stable food prices, cheaper oil, transport costs Inflation eases to 1.3% in Jan

 Economy
Feb 052016
 
Stable food prices, cheaper oil, transport costs Inflation eases to 1.3% in Jan

In a report, Economic Planning Secretary and NEDA chief Emmanuel Esguerra said inflation – the measure of how fast prices in the choice basket of goods and services are moving within a certain period – eased to 1.3 percent in January from 1.5 percent in December 2015 and 2.4 percent a year earlier. STAR/File photo MANILA, Philippines – The increase in prices of basic goods and services in the country slowed in January as costs of food items remained stable, the National Economic and Development Authority (NEDA) said yesterday. In a report, Economic Planning Secretary and NEDA chief Emmanuel Esguerra said inflation – the measure of how fast prices in the choice basket of goods and services are moving within a certain period – eased to 1.3 percent in January from 1.5 percent in December 2015 and 2.4 percent a year earlier. He said inflation for the food subgroup  – which account for more than a third of the basket – slowed as prices of fish, fruits, vegetables, milk, cheese, and eggs became stable. “Good weather conditions at the onset of 2016 allowed prices of these food items to stabilize. This was an improvement from the previous month when Typhoon Nona pushed up prices due to hampered production, transport, and delivery of agricultural products in the affected areas,” Esguerra added. The January inflation rate fell within the Bangko Sentral ng Pilipinas target of 0.8-1.6 percent for the period, and exactly in line with market consensus. Inflation in non-food items also Read More …

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