Bomb threat rocks Manila bldg anew

Employees of a building in Malate, Maynila scrambled for safety shortly after 1 p.m. Wednesday after a company received a bomb threat from a telephone caller.

The caller identified himself as "Andrew" and said there was a bomb inside the Veritas Maritime Corporation on the 15th floor of the Marc 2000 Tower. The building sits at the corner of Taft Avenue and San Andres Street.

A bomb squad from the Manila Police District searched the office for the explosive device. The search turned out negative.

Company officials said this was the second time that a caller threatened to blow up the building. The first one was in April this year.

Building management blamed the bomb threat on some employees of Veritas who may be harboring a grudge against the company.


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Lopezes win corporate war

Meralco's annual stockholders meeting Tuesday was a classic lesson on how to win a corporate war.

With the Lopez family keeping their grip on Meralco's board by clinching more seats in the 11-man board than the government, they showed the importance of being the incumbent.

The Lopez family always had control of the company's board, except when President Ferdinand Marcos wrestled it away from them during the Martial Law years. Even when they only had less than 20 percent direct stake in the company, the Lopezes still controlled the board through proxies, which authorized them to populate the board with their nominees.

When that grip was threatened Tuesday, with Winston Garcia, president of another major stockholder, Government Service Insurance System (GSIS), stepping up his public pressure, financial muscle, and legal remedies to vote more government representatives on the board, the Lopez family did not buckle down. After all, it is easier to keep their control of the board now and face the legal battles afterwards, than relinquish it to a foe then reclaim it later on.

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summmer....

Located in the southern part of the Philippines is the Samal group of Islands, an archipelago consisting of nine islands which stretch out over a land area of 28,000 hectares. Samal is a beautiful, tranquil and exotic island with a coastline adorned with white sand beaches, abundant marine life, rock formations, mangroves, and landscape elements of coconut palms, flowering plants and fruit-bearing trees. The area is blessed with various natural attractions and flourishing flora and fauna.

Beautiful Davao!!!!!!

This is Pearl Farm Beach Resort located here in Davao City, Philippines.