Summit Publishing has made money from joint ventures with foreign magazine publications which want to broaden their market in the Philippines while keeping down the retail price per copy. The usual content formula is 60 percent Philippine content and 40 percent international content.
In the case of FHM, the local intent involves body candy for Filipino men like October cover girl, Patricia Javier.
If successful, the family intends to put up similar hotels in its other large bus terminals such as Subic. (Now, that could be a potential problem since Subic has an excess of hotels and resorts of all sorts and prices in search of customers.)
Based on families (especially those with young daughters) who go out of town during the weekends, the rest rooms of Chowking Food Corp. in the provinces are the best maintained among fastfood chains, including the outlets of multinational chains.
Although OV Espiritu sits on the board of some of the country’s top 50 corporations, it is this new business (where he’s going to take an active management role) which is expected to put adversely affect his gold game.
Right now, the man’s handicap is three, which is, of course, still not as good as Iggy Clavecilla’s zero handicap.
In the case of the President, she cancelled yesterday (after the official invitations with her name on it were already sent to Citigroup clients).
In the case of Paeng Buenaventura, well, he tries to attend all Citigroup invitations because of both his current position and of his being an ex-Citibanker. Since his wife, Ma. Victoria Rufino-Buenaventura, is a supporter of the Cultural Center of the Philippines, Mr. Buenaventura might do escort service tonight for the CCP fund-raising gala.
Tickets for tonight’s gala – if there are any scalpers, these are less blatant but equally in demand as in the third and final UAAP championship game range from P1,000 to P6,000.