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World Boxing Council International Super Featherweight Champion,
Manny "Pacman" Pacquiao, paid a surprise to Bacolod City yesterday
to visit friends and look into a potential business investment in
the city.
Pacquiao said he is investing in Bacolod because he is confident
about its business climate and Mayor Evelio Leonardia is his friend.
Pacquiao told the DAILY STAR last night that he may invest
in ShoeMart when it opens at the reclaimed area in Bacolod City
and wants to see the site.
He, however, said he did not want to reveal yet what kind
of business he is investing in.
SM hopes to open its Bacolod branch in Bacolod City during
the MassKara Festival in October.
Leonardia, meanwhile, said that Pacquiao's investment in the
city will be a big boost to the image of Bacolod as an investment
center because, even in the United States, celebrities are factors
in investment promotions.
SM vice president for operations Annie Garcia had earlier also
said their firm is investing in Bacolod because they have confidence
in the local business climate and its leadership, he added.
Meanwhile, Pacquiao said, "I am glad to be back in Bacolod
and I thank the people here who rooted and prayed for me in my last
fight against Erik Morales in Las Vegas in January."
Yesterday, Pacquiao also confirmed that he had paid his income
tax before the April 17 deadline but did not reveal details of the
amount that is believed to be sizable.
Pacquiao has earned millions of dollars from his fights abroad,
and millions of pesos locally from numerous advertising endorsements.
He cited security reasons for refusing to reveal his total earnings
last year.
On Monday he joined the BIR in calling on taxpayers not to
wait for the deadline to file their income tax returns.
Leonardia, who welcomed Pacquiao to Bacolod, said he was informed
of his visit by Pacman's manager, Wakee Salud, shortly before the
champion arrived in Bacolod for the "surprise" visit.
Pacquiao was adopted as a son of Bacolod during the 26th Charter
Day Anniversary of the city on Oct. 18, 2005.*CPG
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