China’s SITC aims to buy logistics firms in Southeast Asia in 2018

Chinese shipping conglomerate SITC International Holdings Co. Ltd. is looking for logistic companies to buy in Thailand, Vietnam, Philippines, Malaysia and Indonesia, the company’s CEO said on Wednesday. #BeFullyInformed China’s SITC aims to buy logistics firms in Southeast Asia in 2018 Shanghai – Chinese shipping conglomerate SITC International Holdings Co. Ltd. is looking for logistic… link: China’s SITC aims to buy logistics firms in Southeast Asia in 2018.....»»

Category: newsSource: manilainformer manilainformerDec 9th, 2017

‘Grand Deception’ by Jun Ledesma

Letters From Davao: WHEN RAPPLER through its President, Maria Ressa, was caught trifling with an important tenet in the Philippine constitution that mandates that Philippine media should be 100% owned by Filipinos the Securities and Exchange Commission ordered it closed. Rappler was parading like it is wholly owned by Filipinos but turned out it accepted investment from Omidyar Network (ON) which is known for its notoriety in destabilizing heads of state that are not docile to America. It tried deception by claiming that the Philippine Deposit Receipts it issued to ON money was for philanthropic contribution. The attempt dragged them deeper in shit as PDRs are actually commercial instruments. When this trick did not work, Ressa again tried another act this time claiming that Omidyar signed a waiver on its veto power. Again this did not pass scrutiny of the SEC because the said waiver was discovered to be just a scrap of paper as the document was not notarized.  Running out of deceptive tricks Ma. Ressa went berserk when she was served the closure order and went about town crying her freedom is being curtailed by Pres. Rodrigo Duterte no less. Her partner Pia Ranada did the same screaming she will be jailed by Duterte’s military. The grandstanding, it was obvious, was to stonewall the criminal violation they committed and to paint Rappler and its staff headed by Ressa as victims of oppression and dictatorial regime of Duterte. Contrary to its claim that they have lost their freedom of expression, more than ever Rappler had increased the crescendo of its unfettered attack on no less than the President Duterte himself. Ressa spearheaded a Black Friday movement supported by a handful of students from where else by the University of the Philippines campus and the usual garrulous but moribund Liberal Party stalwarts headed by VP Leni Robredo. They were joined in by UN Rapporteur Agnes Callamard and her local counterpart Chito Gascon in denouncing the Duterte government for curtailing the freedom of the press. Other foreign-funded media outfits joined the fray for obvious reason.  Theirs is a cacophony of ridiculous chants. Robredo warned that the closure of Rappler is a symptom of a dark future of the country. The juvenile delinquents in the UP campus joined pipsqueak assemblies with screaming placards denouncing Pres. Duterte and his “malignant forces that continue to peddle lies to justify their tyranny and dictatorship”.  They cut classes to face the TV cameras and klieg lights unmindful of yet another spectacular grade the survey firms Social Weather Station and Pulse Asia showing an “excellent” grade on the sustained trust and popularity of the nation on Duterte which they had been flagellating no end.  No one seems to mind their issue about tyranny and dictatorship as the World Bank grudgingly declared that “DDS killed democracy in the Philippines but they haven’t killed the country’s vibrant economy”.  Forbes, an international business magazine, likewise quoted WB on its Global Economic Prospects, which asserts that “Duterte Philippines is the 10th fastest growing economy in the world”.  The statistics is a slap on the face of VP Robredo who remains to be an incurable pessimist despite the figures that cannot lie. She continues to see the future of the Philippines in dark glasses forgetting that she is a Vice President and therefore should have celebrated with the rest for the gains that the country achieved. For her part, Maria Ressa simply ignored what Forbes and WB declared.  Maybe out of outrage that the Robredo seemed to be out of sync and blinded by sheer politicking and negativism, UP Political Science professor and political analyst, Clarita Carlos,  made a five-worded message to The Vice President thus: “President Duterte moves the Philippines forward”. To those who denigrate Duterte from cutting the country’s umbilical cord to America, Professor Carlos had this to say. “Duterte has moved the Philippines away from the usual foreign policy and in turn ‘defined national interest’ by tracking his own way of foreign policy”. She admired Duterte for his political guts and courage.  It is indeed pathetic that while the Philippines rise several notches higher in political and economic arena the opposition and the foreign-aided media outfits shamelessly continue to belittle these achievements. It is no small feat that Philippines came out stronger in economic growth than China in the 3rd quarter of 2017. On the 4th quarter moreover China rallied (6.9%) and landed on top of Asian countries followed by Vietnam (6.8) and Philippines 6.7%. The Philippines however has been growing more than 6% for nine consecutive quarters and that sustained growth is best among Asean nations. Any which way you look at it, that spells economic stability and investment grade for investors service firms like Moody’s and other international credit rating institutions. Cause and effect is a simple gauge to measure the impact of the tyranny and dictatorial regime that Rappler and its sympathizers have been accusing the Duterte regime. But as I always say, no one can quarrel with success especially when institutions of unquestionable stature put the positive figures across. Expect the economy to grow even faster in 2018 when infrastructure spending commences under the Duterte’s Build, Build, Build program. As we all know, the government had earmarked P8.4-trillion to achieve the mega infrastructure projects comprising of railways, highways and bridges, irrigation’s, airports and seaports to name a few. The job opportunities that these programs will generate are equally mind-boggling. […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsFeb 1st, 2018

More logistics firms lured to invest in Subic Bay

Subic Bay International Terminal Corp. (SBITC) is looking forward to the entry of more logistics investors in the free port since the freeport management waived accreditation fees for opening businesses in the Subic Bay Freeport Zone, and is confident such will help turn Subic into one of the most competitive logistics centers in Southeast Asia......»»

Category: newsSource:  interaksyonRelated NewsDec 6th, 2017

Japan reaches out to ASEAN startups

MANILA, Philippines – Japan is playing catch-up in the vibrant and growing startup community in Southeast Asia, after another Asian giant, China, has been leading in funding and engaging with technology-based firms in the region. In the past two years, the share of Japanese venture investment into member countries of the ........»»

Category: newsSource:  rapplerRelated NewsNov 13th, 2017

Pinoy combat athletes ready to deliver as AIMAG medal hunt starts

ASHGABAT, Turkmenistan – The Philippines will officially kick off its medal hunt in the 5th Asian Indoor and Martial Arts Games today with Filipino fighters in ju-jitsu, wrestling and taekwondo expected to deliver. The national track and field team headed by reigning Southeast Asian Games gold medalist Eric Cray and former Asian long-jump queen Marestella Torres will also see action as the country aims to secure medals in 17 out of the 41 events that Filipino athletes have been entered on Monday. Grappler Alvin Lobreguito pocketed the first medal for the Philippines in the men’s freestyle -57kg traditional wrestling a day before last night’s lavish opening ceremony at the ultramodern Ashgabat Olympic Stadium here. Over 6,000 athletes from 62 countries will compete in 21 sports during the 12-day sportsfest considered as the biggest indoor Games in the continent with the inclusion of the Ocenia region led by Australia and New Zealand. Cray, the SEAG 400m hurdles record-holder, will try his luck in the 60m hurdles on Monday and 60m sprint on Tuesday. Also competing here is former Asian long jump queen Marestella Torres-Sunang. A gold medal winner during the 2009 Asian Athletics Championships in Guangdong, China, the 36-year-old Torres-Sunang hopes to get a podium finish, something she’d like to do as she nears retirement. She captured a bronze medal in the last KL SEA Games. Also seeing action at the Indoor Trand and Field Stadium are Mervin Guarte and Marco Vilog, participants in the 800m preliminary round, with Guarte also set to compete in the 1500m preliminaries. The finals of the 800m and 1500m are scheduled Wednesday. Janry Ubas, meanwhile, will aim for a podium finish in the long jump event set Tuesday. Taekwondo jins Jenar Torillos (54kg), Samuel Thomas Morrison (74kg), Karen Celis (46kg) and Levita Ronna Ilao (46kg) are set to see action, all targeting to get a medal in this event organized by the Olympic Council of Asia (OCA). In jiu-jitsu, the Philippines will have Asian champion Apryl Eppinger (62kg), Alexander Lim (69kg), Terrence Hansel Co (77kg), Gilbert Ombao (94kg) and Lou-Ann Jindani (70kg). The grapplers that will vie for medals in the traditional wrestling classic include Michael Vijay Cater (57kg), Jonathan Maquilan (62kg), Jhonny Morte (68kg), Jeff Manatad (75kg), Cristof Hoffman Jr. (90kg), Grace Loberanes (52kg) and Noemi Tener (58kg). .....»»

Category: sportsSource:  abscbnRelated NewsSep 17th, 2017

Survey finds Europe firms looking more to SE Asia

EUROPEAN INVESTORS are increasing their exposure to Southeast Asia, reaffirming the region's position as a bright spot in the global economy, as companies look to other markets for growth amid lingering concerns in China, according to the European Union (.....»»

Category: newsSource:  bworldonlineRelated NewsAug 31st, 2016

Alibaba doubles investment in southeast Asia e-commerce firm Lazada

SHANGHAI, China – Chinese e-commerce giant Alibaba said on Monday, March 19, it will appoint one of its founders as head of Lazada and inject another $2 billion into Southeast Asia's leading online shopping firm, boosting its regional expansion. Alibaba, which already owns 83% of Lazada with two investments totalling $2 ........»»

Category: newsSource:  rapplerRelated News56 min. ago

Alibaba doubles investment in Southeast Asia e-commerce firm Lazada

Shanghai, China — Chinese e-commerce giant Alibaba said Monday it will appoint one of its founders as head of Lazada and inject another $2 billion into Southeast Asia’s leading online shopping firm, boosting its regional expansion. Alibaba, which already owns 83% of Lazada with two investments totaling $2 billion as of June last year, has […] The post Alibaba doubles investment in Southeast Asia e-commerce firm Lazada appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated News2 hr. 42 min. ago

3rd Jr. NBA PH 2018 selection camp slated for Benguet

Jr. NBA PH press release Jr. NBA Philippines 2018 presented by Alaska goes north for its third Regional Selection Camp of the year. Young cagers ages 10-14 years old from northern provinces and interested participants outside the region are invited to attend the camp on March 17-18 at the Benguet State University in La Trinidad, Benguet from 9 a.m.-4 p.m. Boys and girls born 2004-2008 are encouraged to participate in the league’s global youth basketball participation program to learn the fundamental basketball skills set and the Jr. NBA S.T.A.R values of Sportsmanship, Teamwork, a positive Attitude and Respect. Managing the Regional Selection Camp will be Jr. NBA Coaches Carlos Barroca and Rob Newson together with Jr. NBA coaches from presenting partner Alaska led by PBA Legends Jeffrey Carriaso and Tony de la Cruz. Registration and participation are free. The first day will see participants being measured against a series of vitals tests and skills challenges that will determine their inclusion in the following day to undergo advanced basketball drills and team exercises.  On the second day, the remaining players will immerse in drills and showcase team and individual skills in the scrimmages. The camp’s top performers will be given the opportunity to represent Northern Luzon in the National Training Camp in Manila on May 18-20. The Jr. NBA National Training Camp will select the most outstanding eight boys and eight girls as Jr. NBA All-Stars from the Regional Selection Camps, with the fourth and final camp set for Metro Manila on April 7-8 at the Don Bosco Technical Institute in Makati. The Jr. NBA Philippines 2018 All-Stars will embark on a unique, overseas NBA experience with fellow Jr. NBA All-Stars from Southeast Asia later in the year. Qualified boys and girls can still register at where the program terms and conditions can be found. Fans can also follow Jr. NBA on Facebook, the NBA at and on Facebook and Twitter. To learn more about the Alaska Milk Corporation, visit and follow PlayPH at and on Facebook and Twitter......»»

Category: sportsSource:  abscbnRelated NewsMar 13th, 2018

Economists upbeat about FDI prospects for 2018

MANILA, Philippines – Just a decade ago, no one would have ranked the Philippines as one of the brightest prospects for investment in Southeast Asia. Yet last week, American media firm US News and World Report went one step further by ranking the country as not just the best country to plow ........»»

Category: newsSource:  rapplerRelated NewsMar 9th, 2018

Qatar Airways to launch direct flights to Davao

DAVAO CITY (MindaNews / 8 March) – Qatar Airways announced that Davao City and Cebu are among the four areas in Southeast Asia where the airline plans to establish direct flights from 2018 until 2019. The other two areas include Langkawi, Malaysia and Da Nang, Vietnam. This was announced by Qatar Airways chief executive Akbar Al […] The post Qatar Airways to launch direct flights to Davao appeared first on MindaNews......»»

Category: newsSource:  mindanewsRelated NewsMar 8th, 2018

Sy pinakamayaman; Villar doble ang yaman; Razon pinakabatang bilyonaryo

NANANATILING pinakamayamang tao sa Pilipinas ang mall tycoon na si Henry Sy Sr., ayon sa business magazine na Forbes. Ika-sampung taon na ngayon na napanatiling hawak ni Sy ang puwesto bilang pinakamayamang tao sa Pilipinas. Siya rin ang tinaguriang pinakamayaman sa Southeast Asia ngayong 2018. Tinatayang nasa $20 bilyon o P1 trilyon ang yaman ng 93-anyos na… link: Sy pinakamayaman; Villar doble ang yaman; Razon pinakabatang bilyonaryo.....»»

Category: newsSource:  manilainformerRelated NewsMar 8th, 2018

ASEAN-China joint maritime drills in the works

MANILA, Philippines – Philippine defense chief Delfin Lorenzana said on Wednesday, March 7, that a possible joint maritime exercise between Southeast Asian countries and China won’t be happening within 2018 since the region’s top defense officials have yet to iron out its possible details. “There was a proposal and it’s ........»»

Category: newsSource:  rapplerRelated NewsMar 7th, 2018

PH, 11 others make round 2

A total of 12 teams from across the Americas, Asia and Europe have secured their passage to the second round of the Fiba World Cup 2019 Qualifiers. Australia, Brazil, Canada, Dominican Republic, France, Germany, Greece, Iran, Kazakhstan, the Philippines, Serbia and Venezuela already have their places guaranteed in the second round consisting of three windows---September and November 2018 and February 2019. The third window (June 25-July 3, 2018) of the first round is still crucial as results of every game carries over to the second round. Three teams from each group will advance to the next phase, all aiming to secure one of 32 berths to the 18th World Cup slated in China on...Keep on reading: PH, 11 others make round 2.....»»

Category: newsSource:  inquirerRelated NewsFeb 27th, 2018

Taiwan reaches out to Southeast Asia

COVER IMAGES PROVIDED BY THE TOURISM BUREAU, MINISTRY OF TRANSPORTATION AND COMMUNICATIONS, ROC From a manufacturing and electronic equipment-producing economy, the vibrant Republic of China (Taiwan) has emerged as a major player in global affairs, especially among its Southeast Asian neighbors. As expressed by Representative of Taiwan, ROC to the Philippines Gary Song-Huann Lin, culture… link: Taiwan reaches out to Southeast Asia.....»»

Category: newsSource:  manilainformerRelated NewsFeb 25th, 2018

Taiwan reaches out to Southeast Asia

From a manufacturing and electronic equipment-producing economy, the vibrant Republic of China (Taiwan) has emerged as a major player in global affairs, especially among its Southeast Asian neighbors. As expressed by Representative of Taiwan, ROC to the Philippines Gary Song-Huann Lin, culture is an important instrument of diplomacy in this day and age. “Cultural diplomacy [...] The post Taiwan reaches out to Southeast Asia appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 24th, 2018

ASEAN, China Plan First Joint Naval Training in 2018

China and the Association of Southeast Asian Nations (ASEAN) plan to hold maritime drills later this year in a move security analysts said could be Beijing's way of consolidating power as it moves.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 21st, 2018

ASEAN, China Plan First Joint Naval Training in 2018

China and the Association of Southeast Asian Nations (ASEAN) plan to hold maritime drills later this year in a move security analysts said could be Beijing's way of consolidating power as it moves.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2018

Asia’s soaring gas demand opens window for new LNG projects

Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years, opening opportunity for new production from East Africa to North America that had been deemed part of the overhang......»»

Category: newsSource:  interaksyonRelated NewsFeb 14th, 2018

PH to remain among Asia’s fastest-growing economies in 2018–Pernia

DAVAO CITY: The Philippines can be expected to remain one of Southeast Asia’s fastest-growing economies this year, Socioeconomic Planning Secretary Ernesto Pernia said on Friday. “The Philippines is expected to remain one of the fastest growing economies of Asia, over the next couple of years, at least,” Pernia told business leaders at The Manila Times 7th [...] The post PH to remain among Asia’s fastest-growing economies in 2018–Pernia appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 9th, 2018

NBA stars to coach top prospects at 4th BWB Global Camp

NBA press release NEW YORK AND MIES – The National Basketball Association (NBA) and the International Basketball Federation (FIBA) today announced the top 65 boys and girls from 36 countries who will travel to Los Angeles for the fourth annual Basketball Without Borders (BWB) Global Camp. The camp will be held Feb. 16-18 (Feb. 17-19, PHL time) at the Los Angeles Lakers’ practice facility as part of NBA All-Star 2018, and Nike will serve as the official partner. Five-time NBA All-Star Al Horford (Boston Celtics; Dominican Republic) and 2018 NBA All-Star Goran Dragic (Miami Heat; Slovenia), along with Domantas Sabonis (Indiana Pacers; Lithuania), Timofey Mozgov (Brooklyn Nets; Russia) and Sam Dekker (LA Clippers; U.S.), will coach the top high school age campers from Africa, the Americas, Asia and Europe. Horford, Dragic, Sabonis, Mozgov and Dekker will be joined by NBA Global Ambassador Dikembe Mutombo (Democratic Republic of the Congo), former NBA players Adonal Foyle (St. Vincent and the Grenadines), Michael Cooper (U.S.), Acie Law (U.S.), Pops Mensah-Bonsu (England), Bostjan Nachbar (Slovenia), Mamadou N’Diaye (Senegal), Cherokee Parks (U.S.), Tiago Splitter (Brazil), Rod Strickland (U.S) and Ronny Turiaf (France), Women’s Basketball Hall of Fame members Jennifer Azzi (U.S.) and Ann Meyers-Drysdale (U.S.), former WNBA players Lindsey Harding (U.S.), Ebony Hoffman (U.S.), Ruth Riley (U.S.) and Michele Van Gorp (U.S.), as well as select players participating in NBA All-Star 2018. For the first time in BWB history, the camp will feature nine current prospects from NBA Academies, the league’s network of elite basketball training centers around the world for top male and female prospects from outside the U.S. Since October 2016, NBA Academies have been launched in Canberra, Australia; Jinan, Urumqi and Zhuji, China; Mexico City, Mexico; Delhi National Capital Region (NCR), India; and Thies, Senegal. Current NBA assistant coaches John Bryant (Philadelphia 76ers), Ed Pinckney (Minnesota Timberwolves), Jonah Herscu (Los Angeles Lakers) and Will Scott (Los Angeles Lakers), former NBA head coach and 1992 “Dream Team” assistant coach P.J. Carlesimo, former NBA Champion head coach Paul Westhead, and USA Basketball coach Don Showalter will also serve as BWB Global coaches. Patrick Hunt (President of the World Association of Basketball Coaches; Australia), Gersson Rosas (Houston Rockets; Colombia), Marin Sedlacek (76ers; Serbia) and Masai Ujiri (Toronto Raptors; Nigeria) will be the camp directors.  Former NBA trainer Wally Blase (U.S.) will serve as the camp’s athletic trainer.   Players and coaches will lead the campers through a variety of activities on and off the court, including movement efficiency, positional skill development, shooting and skills competitions, 5-on-5 games, and daily life skills seminars focusing on health, leadership and communication. One boy and one girl will be named BWB Global Camp MVPs at the conclusion of the three-day camp. The camp will be officiated by representatives from the NBA’s Referee Development Program, which provides rising professionals and former players with the skills necessary to pursue a career as a referee in the NBA, WNBA or NBA G League. The campers will attend Mtn Dew Kickstart Rising Stars, State Farm NBA All-Star Saturday Night, and the 67th NBA All-Star Game at Staples Center. Nike, a BWB global partner since 2002, will outfit the campers and coaches with Nike apparel and footwear. BWB, the NBA and FIBA’s global basketball development and community outreach program, has reached more than 3,000 participants from 133 countries and territories since 2001, with more than 50 former campers drafted into the NBA or signed as free agents.  A record 24 former BWB campers were on opening-night rosters for the 2017-18 season, including Dragan Bender (Phoenix Suns; Croatia; BWB Global 2015), Thon Maker (Milwaukee Bucks; South Sudan; BWB Americas 2015/BWB Global 2016), Lauri Markkanen (Chicago Bulls; Finland; BWB Europe 2014/BWB Global 2015), Jamal Murray (Denver Nuggets; Canada; BWB Global 2015) and Frank Ntilikina (New York Knicks; France; BWB Europe 2015/BWB Global 2016). The first-ever Basketball Without Borders camp took place in Europe in July 2001. Vlade Divac (Serbia) and Toni Kukoc (Croatia), together with former teammates from the Yugoslav national team, reunited to work with 50 children from Bosnia and Herzegovina, Croatia, Macedonia, Slovenia, and Serbia and Montenegro at La Ghirada in Treviso, Italy. The NBA and FIBA have staged 52 BWB camps in 32 cities across 27 countries on six continents.  More than 250 current and former NBA, WNBA and FIBA players have joined more than 200 NBA team personnel from all 30 NBA teams to support BWB across the world. Follow the camp using the hashtag #BWBGlobal on Facebook, Twitter and Instagram.  Find out more about NBA Academies at and on Instagram (nbaacademy). The following is a complete list of players participating in the fourth annual BWB Global Camp (rosters are subject to change): GIRLS BOYS.....»»

Category: sportsSource:  abscbnRelated NewsFeb 8th, 2018