This marks my first byline in a magazine, and for an international publication at that.
This profile on Manny Pacquiao was written before his fight with Ricky Hatton. Also, it's geared toward non-Filipinos who haven't heard about his greatness.
The late President Corazon C. Aquino’s declared net worth grew by only 4.8 percent from 1989 to 1992. By comparison, Fidel V. Ramos’s rose by 34.2 percent from 1992 to 1998, and Joseph ‘Erap’ Ejercito Estrada’s, by 7.2 percent from 1998 to 1999.
In her eight years in office, Arroyo’s declared net worth more than doubled (pegged only on the book or acquisition value of her assets), from P66.8 million in 2001 to P143.54 million in 2008. The increase of P76.74 million represents a growth rate of 114 percent.
Remonde (the President's insipid spokesperson --J) said the sudden increase in Mrs. Arroyo’s wealth was mainly due to the investments that she and husband Jose Miguel Arroyo made in the real estate business.
“Isa sa nagpalaki…ang real estate property. Alam natin in the last 10 years or so malaki talaga ang pag-akyat ng value ng property sa ating bansa..." said Remonde.
(One reason for that is real estate property. In the last 10 years or so, real estate prices have soared.)