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Investment pledges double in 7 months

MANILA, Philippines – Investment pledges approved by the Board of Investments (BOI) nearly doubled in the first seven months of the year, with the Duterte ad.....»»

Category: financeSource:  philstarRelated NewsSep 7th, 2016

Economy: Investment destination shifts as pledges surge

THE Board of Investments (BOI) approved P210.37 billion worth of investment pledges in the first seven months of the year, nearly double, or 98% higher from the P106.08 billion registered in the same period in 2015, riding on the surge of proposals for po.....»»

Category: financeSource:  bworldonlineRelated NewsSep 7th, 2016

Investment pledges double to P186.5 B in H1

Bulk in power, transport infra projects.....»»

Category: financeSource:  philstarRelated NewsJul 19th, 2016

New investments double in first half to P186.51 B

Investments registered with the Philippine Board of Investments (BOI) doubled in the first six months of 2016, reaching P186.51 billion, or 103 percent higher than the P92.02-billion approved investment pledges in the same period last year......»»

Category: newsSource:  mb.com.phRelated NewsJul 19th, 2016

Sumang's surge gets rewarded with POW citation

Roi Sumang is starting to show his true potential after spending much of his rookie season in obscurity. Selected 27th overall by GlobalPort in 2015, the pint-sized Sumang only played 27 games in 8.4 minutes, producing underwhelming numbers of 3.4 points, 0.7 rebound and 0.7 assist with the GlobalPort Batang Pier and late in his rookie year, with the Blackwater Elite. But the former University of the East star seemed right at home now with Blackwater. Coming off the bench, Sumang provided the big spark, firing 17 of his 19 points in the second half as Blackwater pulled the rug from under fancied Alaska, 103-100 on Sunday for a franchise-best fifth win. The 26-year-old Sumang showed quick hands and feet, attacking Alaska’s defense repeatedly with hard drive to the basket to help Blackwater establish a double-digit spread in the final period. Although the Aces came back strong, Sumang and veteran teammate Denok Miranda sank crucial free throws late in the game to seal the win. But more importantly, the native of Tondo, Manila was a steady defensive presence after finishing the game with 3 steals, while issuing 2 assists to seal the win for Blackwater. Sumang’s sterling effort earned him the Accel-PBA Press Corps Player of the Week for the period of Jan. 9-15, beating the likes of Mahindra guard Philip Paniamogan, San Miguel Beer slot man June Mar Fajardo, GlobalPort high-scoring guard Terrence Romeo, Barangay Ginebra forward Joe Devance, Star wingman Allen Maliksi and big man Ian Sangalang as well as Calvin Abueva of Alaska. Although Sumang also took home the Best Player of game honors, the diminutive Blackwater playmaker vows to work harder in practice as the Elite shoot for a playoff spot in the All-Filipino conference.  Blackwater clashes with Barangay Ginebra this Friday, before closing its elimination round assignment against Star on January 25. .....»»

Category: sportsSource:  abscbnRelated NewsJan 16th, 2017

Sumang's surge gets reward with POW citation

Roi Sumang is starting to show his true potential after spending much of his rookie season in obscurity. Selected 27th overall by GlobalPort in 2015, the pint-sized Sumang only played 27 games in 8.4 minutes, producing underwhelming numbers of 3.4 points, 0.7 rebound and 0.7 assist with the GlobalPort Batang Pier and late in his rookie year, with the Blackwater Elite. But the former University of the East star seemed right at home now with Blackwater. Coming off the bench, Sumang provided the big spark, firing 17 of his 19 points in the second half as Blackwater pulled the rug from under fancied Alaska, 103-100 on Sunday for a franchise-best fifth win. The 26-year-old Sumang showed quick hands and feet, attacking Alaska’s defense repeatedly with hard drive to the basket to help Blackwater establish a double-digit spread in the final period. Although the Aces came back strong, Sumang and veteran teammate Denok Miranda sank crucial free throws late in the game to seal the win. But more importantly, the native of Tondo, Manila was a steady defensive presence after finishing the game with 3 steals, while issuing 2 assists to seal the win for Blackwater. Sumang’s sterling effort earned him the Accel-PBA Press Corps Player of the Week for the period of Jan. 9-15, beating the likes of Mahindra guard Philip Paniamogan, San Miguel Beer slot man June Mar Fajardo, GlobalPort high-scoring guard Terrence Romeo, Barangay Ginebra forward Joe Devance, Star wingman Allen Maliksi and big man Ian Sangalang as well as Calvin Abueva of Alaska. Although Sumang also took home the Best Player of game honors, the diminutive Blackwater playmaker vows to work harder in practice as the Elite shoot for a playoff spot in the All-Filipino conference.  Blackwater clashes with Barangay Ginebra this Friday, before closing its elimination round assignment against Star on January 25. .....»»

Category: sportsSource:  abscbnRelated NewsJan 16th, 2017

PH positions itself as ‘gateway’ to ASEAN, 5 economic powers

DAVAO CITY (MindaNews/13 January) – The Philippines’ strategic location will make it a gateway to the 620 million population of the ASEAN region and five other important trading partners, Trade and Industry secretary Ramon Lopez said in his presentation Friday where he pitched for the country as a potential investment destination for Japanese companies in [&'].....»»

Category: newsSource:  mindanewsRelated NewsJan 13th, 2017

SSS contribution hike is not invalid, illegal

Social Security System (SSS) refutes statement of Senate President Pro Tempore Franklin Drilon that the hike in SSS contributions is “invalid and illegal.” Social Security Commission Chairman Dean Amado D. Valdez said that the P1,000 increase in SSS pension effective January 2017 will be financed by current contributions and investment income. The additional contribution hike [&'].....»»

Category: newsSource:  remateRelated NewsJan 11th, 2017

Foreign direct investment up for January to October 22.2%

oreign direct investment ........»»

Category: newsSource:  manila_shimbunRelated NewsJan 10th, 2017

Ecozone investments drop 26% in 2016

MANILA, Philippines - Investment pledges approved by the Philippine Economic Zone Authority (PEZA) dropped by over a quarter last year on uncertainties broug.....»»

Category: financeSource:  philstarRelated NewsJan 9th, 2017

No masking truth that Cabagnot is Player of the Week

It seems like there’s no stopping San Miguel playmaker Alex Cabagnot these days - not even a depressed nasal fracture. Though advised by doctors to undergo surgery, Cabagnot managed to still get a green light to play, provided he wears a facial mask to protect his injured nose. Except for that mask, nothing has changed for the left-handed guard who averaged 15.0 points, 4.5  rebounds, and 3.0 assists as the Beermen went 2-0 in a span of three days to become the first Accel-PBA Press Corps Player of the Week awardee in 2017. The 34-year-old Cabagnot beat the likes of fellow Beermen Arwind Santos and June Mar Fajardo, Rain or Shine’s Jericho Cruz, NLEX guard Carlo Lastimosa, and GlobalPort’s high-scoring gunner Terrence Romeo for the citation for the period of December 28, 2016-January 8, 2017. Although he felt uncomfortable playing with the facial mask the first time he wore it last Friday, Cabagnot managed to heat up fast, firing 10 points in the opening period to set the tone for San Miguel, which went on to clobber Blackwater, 118-93. The win helped San Miguel gain the first playoff spot in the 2017 PBA Philippine Cup. The University of Hawaii-Hilo standout finished the game with a near double-double output of 14 points and 9 rebounds against the Elite. Two days later, Cabagnot helped San Miguel get the upper hand after banging nine of his 16 points in the third period as the Beermen scraped past Brgy. Ginebra, 72-70, and improved to a tournament-best 7-1. Opting for surgery would have forced Cabagnot to miss the rest of the conference, a scenario that the SMB guard wouldn’t want to happen. “And I'll miss part of the Commissioner's Cup (if he underwent surgery), but we're in the middle of the season now and there are certain things you gotta do and you gotta take care of. Put the priorities at hand first,” he said. .....»»

Category: sportsSource:  abscbnRelated NewsJan 8th, 2017

LPU demolishes EAC in NCAA volley

strong>Games Thursday: /strong> (The Arena, San Juan) 8:30 a.m. --- CSB vs SBC (jrs) 10:00 a.m. --- CSB vs. SBC (m) 11:30 a.m. --- CSB vs SBC (w) 1:00 p.m. --- Mapua vs Letran (w) 2:30 p.m. --- Mapua vs Letran (m)   Lyceum of the Philippines University opened the new year with a sweet sweep of the 92nd NCAA volleyball competition playdate against Emilio Aguinaldo College Wednesday at The Arena in San Juan. The Intramuros-based squad emerged victorious on all fronts highlighted by a shocker dealt by the Junior Pirates to the erstwhile unbeaten Brigadiers in the high school play to start the day. The Junior Pirates banked on the 20-point production of Valeriano Sasis to put a dent on the Brigadiers' record with a 25-19, 25-23, 22-25, 25-22, victory for its fourth straight win in as many outings. LPU snapped EAC’s five-game winning run. The Lady Pirates, on the other hand, rolled to their third straight victory for a share of the second spot with a 25-20, 25-23, 25-20, demolition of the listless Lady Generals. Picking up from where they left off last month before the holiday break, LPU improved to 5-1 win-loss record tied with idle defending champion College of St. Benilde. Skipper Cherilyn Sindayen, Czarina Orros and Christine Miralles logged in 12 points each for LPU. La Rainne Fabay added 10 markers for the Lady Pirates, who uncorked 40 attack points with Sindayen and Orros hitting 10 each. Despite their easy win, head coach Emil Lontoc was far from satisfied with the way his players’ performance. “Kailangan pa naming mag-step up pa kasi yung nakikita namin sa ensayo hindi namin nagagawa rito. Kanina ang pangit ng receive namin,” said Lontoc, whose squad is on the right track to advance to the semifinals for the first time since 2011. “Siguro kanina masyadong kumpiyansa sila na alam nilang hindi gaanong malakas ang kalaban,” he added. The Lady Pirates will have another long break before their crucial matches against other semifinal contenders Perpetual Help on January 13, Arellano University on January 18 before closing the eliminations on a collision course with San Sebastian College on January 23. The Lady Generals dropped to 0-7 record with only Jaylene Lumbo scoring in double figures with 11. In men’s play, the Pirates evened their record at 3-3 with a 27-25, 25-20, 25-18, victory over the freefalling Generals. Jhonel Badua and Joeward Presnede scored 14 points each for the LPU, which tied Mapua and San Sebastian College at the middle of the pack heading into the closing stretch of the elims. EAC absorbed its seventh loss in as many outings.       --- Follow this writer on Twitter, @fromtheriles  .....»»

Category: sportsSource:  abscbnRelated NewsJan 4th, 2017

Investors commit P441.8 B projects in 2016

MANILA, Philippines – Investment pledges approved by the Board of Investments (BOI) continued to pile up in the second half of the year, pushing the full yea.....»»

Category: financeSource:  philstarRelated NewsJan 2nd, 2017

Economy: BoI beats 2016 investment-pledge growth goal

THE Board of Investments (BoI) said it approved P441.8 billion worth of investment pledges in 2016, up 20.4% year on year......»»

Category: financeSource:  bworldonlineRelated NewsJan 2nd, 2017

MINDANAO 2016: Duterte’s ‘Exhibit A’ sees exponential rise in 2016

DAVAO CITY (MindaNews/01 January) &'8212;  The Duterte administration’s “Exhibit A” – the City of Davao – grew by “leaps and bounds” in 2016 after the historic win in May 2016 polls of the first Mindanawon president who is “the perfect marketing ambassador for the city’s investment and tourism potentials,&'8221; the Davao City Investment Promotions Center [&'].....»»

Category: newsSource:  mindanewsRelated NewsJan 1st, 2017

Durant gets first triple-double with Warriors, win over Mavs

em>By Janie McCauley, Associated Press /em> OAKLAND, Calif. (AP) — Kevin Durant notched his first triple-double for Golden State with 19 points, 11 rebounds and 10 assists and first in more than a year, leading the Warriors past the Dallas Mavericks 108-99 on Friday night (Saturday, PHL time). Durant's eighth career triple-double was his first since Dec. 10, 2015, against Atlanta. Klay Thompson scored 17 of his 29 points in the third quarter and finished with five three-pointers and Stephen Curry added 14 points. Harrison Barnes, who spent the past four seasons in a key role with Golden State, scored 25 points for Dallas against his old team. In the first quarter, Curry (11,903) passed Purvis Short (11,894) for seventh place on the Warriors' all-time scoring list. Draymond Green had 13 points, eight rebounds and seven assists in Golden State's ninth straight home win against the Mavericks, the Warriors' streak longest ever. There was some Curry vs. Curry in this one, with Stephen guarding brother Seth and vice-versa for short stints. Thompson has 78 three-pointers against the Mavs, his most against any opponent. The Warriors began 3-for-10 from long range but wound up 11-for-33. Dirk Nowitzki, who had been questionable coming in with an illness, scored 11 points on 3-for-12 shooting in 23-plus minutes for Dallas. Warriors reigning NBA Coach of the Year Steve Kerr, for one, is ready for 2017 given his health issues following complications from two back surgeries last year that still affect him. But he doesn't need to change his routine. Nor his star-studded roster. 'I'm not a resolution guy,' he said. 'I go to the gym every day, I don't just go to the gym the first 10 days of January.' strong>TIP-INS /strong> em> strong>Mavericks: /strong> /em> Ex-Warriors C Andrew Bogut was out for a rest day, not playing in back-to-backs right now. Dallas is 4-9 on the road vs. the Western Conference. em> strong>Warriors: /strong> /em>Golden State finished the calendar year 72-12 for the second straight time — the best two-year mark (144-24) in NBA history ahead of the 1996-97 Bulls at 136-30. The Warriors had 13 turnovers after averaging 20.3 over their previous three games and Kerr would like his team's total to be around 12-13. He said that meant making about a half-dozen better decisions over the course of a game and avoiding overpassing. Rookie Patrick McCaw, brought back up after a day with the D-Leauge Santa Cruz Warriors, stayed home because of flu-like symptoms. strong>CURRY'S SNEAKER CAUSE /strong> Two pairs of Stephen Curry's special shoes were auctioned off to raise $45,201 to aid the Oakland Fire Relief fund following the deadly Dec. 2 Ghost Ship warehouse fire in nearby Oakland. The 'Oakland Strong' shoes worn in a game by the MVP were taken for $30,101 by an anonymous bidder, while his pregame 'Ghost Ship' grafitti-style pair went for $15,100 also to an anonymous bidder. 'I'm always very proud of Steph and all of our guys. They put some money together as a group, the team did, to donate to the fund,' Kerr said. strong>UP NEXT /strong> em> strong>Mavericks: /strong> /em> Host Washington on Tuesday (Wednesday, PHL time). The road team won both times during last season's series. em> strong>Warriors: /strong> /em> Host Denver on Monday (Tuesday, PHL time), having won four straight at home against the Nuggets. .....»»

Category: sportsSource:  abscbnRelated NewsDec 31st, 2016

DTI sees 15-20% growth in foreign investment pledges

DTI sees 15-20% growth in foreign investment pledges.....»»

Category: newsSource:  manilatimes_netRelated NewsDec 25th, 2016

Foreign investment pledges plunge 45%

Down to P26.7 B in Q3.....»»

Category: financeSource:  philstarRelated NewsDec 20th, 2016

Foreign project pledges nearly halved

FOREIGN investment pledges were nearly halved last quarter, pulled down particularly by a drop in commitments to the electricity, gas, steam and air conditioning supply industry......»»

Category: newsSource:  bworldonlineRelated NewsDec 20th, 2016

Front Page: Foreign project pledges nearly halved

FOREIGN investment pledges were nearly halved last quarter, pulled down particularly by a drop in commitments to the electricity, gas, steam and air conditioning supply industry......»»

Category: financeSource:  bworldonlineRelated NewsDec 20th, 2016