SKYCABLE, ABS/CBN VS GMA IN WAR OVER SIGNAL LOSS

SkyCable Corporation fired back at the allegation of rival GMA Network, Incorporated on noontime show Eat Bulaga’s signal loss, calling its complaint “a malicious accusation.”

“It has always been our primary aim to be on a par with global standards and innovations in bringing world-class entertainment to every Filipino home,” SkyCable, the pay TV subsidiary of ABS-CBN Corporation, said in a statement on Friday, August 28.

It made the statement 3 days after GMA Network filed a complaint before the National Telecommunications Commission (NTC) against SkyCable due to the alleged signal loss during the airing of noontime show Eat Bulaga.

The long-running noontime show runs a popular segment featuring the hot on-screen/split screen tandem of #AlDub.

Malicious, without basis

GMA Network Senior Vice President for Engineering Elvis Ancheta and Vice President for Legal Affairs Lynn Delfin asked NTC to act on the matter for subscribers who are supposedly “being short-changed through the irresponsible acts of their service provider.” READ MORE IN RAPPLER

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Henry Sy remains Philippines’ richest – Forbes

Henry Sy remains the country’s richestfor the 8th consecutive year, according to Forbes magazine’s The Philippines 50 Richest List for 2015.

Mall magnate Sy has a net worth of $14.4 billion (from 2014’s $12.7 billion), as the value of his publicly traded conglomerates, SM Investments and SM Prime Holdings, increased by 17% and 20%, respectively over the past year.

Sy’s companies announced record income from banking and retail businesses and two new mall partnerships in 2014. The SM Group plans to build “micro cities” around some of its existing mall properties – the goal is to build 10 mixed-use townships by 2020 as part of an estimated $11-billion expansion.

Sy also has a stake in privately-owned electricity firm National Grid Corporation, the country’s national power transmission operator. READ MORE

BINAY: TRILLANES RAPS ALL SALIVA

Vice President Jejomar Binay said the latest charges spewing out of the mouth of Senator Antonio Trillanes are nothing but saliva.

Puro laway, said Binay as Trillanes bared more alleged anomalies of Binay at the recent holding of the Senate Blue Ribbon sub-committee.

abigailIn the August 26 hearing of the anti-graft body, Trillanes said a former Makati City official benefitted from  the  Priority Development Assistance Fund (PDAF) of Makati Representative Abigail Binay, daughter of the vice president.

Trillanes said Rep. Binay issued 15 checks funded by her PDAF in the name of Ryan Barcelo, the former officer-in-charge of the Makati Social Welfare Department.

In the hearing, Trillanes pressed Barcelo to explain why the checks were issued in his name instead of the Makati city government.

Barcelo explained he was the special disbursing officer of the city government.

“The office of Congresswoman Binay had programs for medical and financial assistance,” Barcelo said.

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