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Consumer confidence improves in Q2 2018

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) announced that consumer confidence improved for the 2nd quarter of 2018, based on the results of its Q2 2018 Consumer Expectations Survey (CES). The results of the survey, released on Friday, June 8, showed that the overall confidence index (CI) was ........»»

Category: newsSource: rappler rapplerJun 10th, 2018

Consumer Spending Outlook for Q4 Improves

Filipino consumers’ spending outlook on basic goods for the fourth quarter of 2018 has notably improved and this is expected to bring windfall benefits to the domestic economy. Results of the Bangko Sentral ng Pilipinas’ (BSP) Consumer Expectation Survey (CES), conducted from July 1-14, 2018, showed that index on spending outlook rose to 45.7 percent […].....»»

Category: newsSource:  metrocebuRelated NewsSep 10th, 2018

Consumers turn gloomy over Philippine economy in Q3 2018

MANILA, Philippines – Consumer confidence on the economy dipped to negative territory at -7.1% during the 3rd quarter, as prices of goods shot up in 2018. The latest Consumer Expectation Report by the Bangko Sentral ng Pilipinas (BSP) revealed the confidence index (CI) dived to ........»»

Category: newsSource:  rapplerRelated NewsSep 8th, 2018

Boxing: Albert Pagara dominates Odoi to reclaim WBO title in Maasin

Total Domination. In front of a hometown crowd in Maasin, Southern Leyte, ALA Boxing star ‘Prince’ Albert Pagara stopepd Ghana’s Laryea Gabriel Odoi in three rounds to reclaim the WBO Intercontinental Super Bantamweight Championship in the main event of Pinoy Pride 44: Laban sa Leyte, Saturday evening at the Maasin City Gym. Coming out confident and loose, Pagara battered Odoi throughout the first two rounds of action, dropping the Ghanaian on multiple occasions. In the third round, Pagara pressured Odoi into the corner with a couple of body shots, eventually forcing the Ghanaian’s corner to throw in the towel in with thirty seconds remaining in the round. #PinoyPride44 || Final sequence of the fight. Laryea Odoi's corner throws in the towel in the third round after multiple knockdowns from Albert Pagara. @abscbnsports pic.twitter.com/dl7k2tr6eh — Santino Honasan🎈 (@honasantino) June 9, 2018 The stoppage came in at the 2:30 mark of round three, with Pagara reclaiming the title he lost to Cesar Juarez back in 2016. “Nagpapasalamat ako sa whole Maasin City, sa pagsuporta nila sa Pinoy Pride at sa Pagara Brothers,” Pagara said after the match. “Grabe yung confidence ko, nanalo ako sa laban, nakuha ko yung belt, ang sarap sa feeling na maging champion,” The 24-year old Pagara improves to 30-1 in his professional career with 21 wins coming via KO or TKO and handing Odoi his first loss via stoppage. Also leaving Pinoy Pride 44 with a championship is up-and-coming ALA Boxing super bantamweight Jeo ‘Santino’ Santisima after stopping Thailand’s Likit Chan-e in the third round to become the new WBO Oriental Super Bantamweight Champion. Chan-e hung tough in the first two rounds, keeping his head down and pushing the action while trading shots with the Pinoy.   Midway through round three however, Santisima unloaded a combination that Chan-e out on his feet, forcing the referee to step in and save the Thai from further damage.   The official stoppage came in at 1:43 of the third round, giving Santisima his first boxing championship. “Masaya ako na nabigay sa akin itong pangarap ko na matagal ko nang hinintay, ngayon binigay na sa akin ng Diyos,” an ecstatic Santisima said after the bout. “Sobrang saya.” Also scoring wins at Pinoy Pride 44 were former world title contender “King” Arthur Villanueva, who defeated fellow Pinoy Renren Tesorio via TKO in the seventh round, and Jason “El Niño” Pagara, who defeated Indonesian Wellem Reyk via KO in the third round.   Complete Pinoy Pride 44: Laban sa Leyte Results Albert Pagara def. Laryea Gabriel Odoi via TKO - 2:30, R3 (New WBO Intercontinental Super Bantamweight Champion) Jeo Santisima def. Likit Chan-e via TKO - 1:43, R3 (New WBO Oriental Super Bantamweight Champion) Jason Pagara def. Wellem Reyk via KO - 1:15, R3 Arthur Villanueva def. Renren Tesorio via TKO - 1:42, R7 Melvin Jerusalem def. Philip Luis Cuerdo via TKO - 1:12, R8 Go Hosaka def. Holly Quinones via KO - 2:47, R1 Joyjoy Formentera def. Lobert Bayo via KO - 0:43, R3 Carlito Antaran def. Jeno Macapobre via KO - 0:26, R2   Catch the telecast of Pinoy Pride 44: Laban sa Leyte on Sunday, June 10th, 12:00 NN on S+A channel 23!.....»»

Category: sportsSource:  abscbnRelated NewsJun 9th, 2018

Consumer confidence rebounds in Q2 – BSP

CONSUMER confidence rebounded in the second quarter following a dive during the first three months of 2018, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. The overall confidence index (CI) climbed to 3.8 percent compared to the 1.7 percent recorded in the first quarter (down from 9.5 percent at the end of 2017) and [...] The post Consumer confidence rebounds in Q2 – BSP appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 9th, 2018

Business of Football - Philippines highlights football s growth in the country

MANILA -  The recent success of The Azkals, with their Asian Cup qualification, and their FIFA ranking at its highest at 111, has given football a renewed confidence, and a positive outlook in terms of the growth of the sport in the Philippines.   Football is now tipped to become the fastest growing sport in the country, with the largest potential for success commercially, and in terms of on-pitch success.  The sport which is currently number 3 in the Philippines in terms of popularity and participation, after basketball and boxing, is said to be still further behind compared to other sports, such as volleyball, billiards, etc., in terms of TV coverage. These were among the insights and trends gathered from top-notch executives of organizations such as AFC, PFF, PFL, LaLiga, Dentsu X, SMG Insight, Globe Telecom, RSportz, Toby Sports and Manila Times, at the ‘Business of Football - Philippines’, organized by MMC Sportz.  The sold-out event was attended by more than 185 local and foreign delegates on 18 May 2018 at the New World Makati Hotel.   MMC Sports CEO Eric Gottschalk says, “Research in this market, shows that TV is still the number one platform here in the Philippines, and is the number one medium that advertisers are looking for, to spend their budgets on.  We also learned that live TV coverage actually stimulates stadium attendance, and not vice versa.  If there’s more football on TV, we will see more fans in the stadium.  Currently football is not ranked among the top 100 TV programmers in the Philippines and is only number 3 sport in terms of participation and popularity after basketball and boxing.  Football needs media in order to drive commercial revenues for the clubs.”   “Now is also the perfect time to get involved in football since sponsorship and advertising opportunities are currently very affordable compared for example to basketball, but this is predicted to change within the next 6-12 months, as values are expected to increase sharply.  Football also needs to create more idols and heroes to attract more media coverage overall, other than just covering game scores. Each team has a unique story which just needs to be told,” says Gottschalk. Following the presentation about the Philippines Football League (PFL) it was agreed that the PFL now fills the lack of regular created football content as the leagues matches (87 in 2018/19 season) contribute year-round stories to keep football in the news. In the past, the main talking points were around the Azkals which only play very few home matches each year.      Public education about the game of football is also needed on all levels as many people in the Philippines are still not aware about the rules or aware of programs available like coaching academies, amateur competitions, or how and where to follow the professional league.  Ten thousand (10,000) qualified grassroots coaches are also needed to satisfy the local demand and to trigger strong football development and growths. Investors on the other hand are looking for consistency and credibility of the football product but with the PFL in the second season and foreign sponsors expected to invest in the Philippines, local brands should consider to follow suit.  On the sports retail side, only 1.5% of current retail sales are attributed to football, while basketball enjoys a healthy 46% market share. As a result, only limited line items and stocks are available in stores and entry level boots and replica jerseys are too high priced to be affordable for the average consumer. The national player registration program, MY PFF, has been launched with the objective to collect vital statistics and data about the football community which is urgently needed to support the youth football development strategy of the PFF and to develop a players pathway.  As FIFA has mandated to register the estimated 1.5 million players in the Philippines, the PFF has urged organizers and players to already register online as by next month only registered players will be allowed to participate in sanctioned events. The “Business of Football – Philippines” conference also announced 36 career opportunities related to sports and football, including positions in marketing, legal, competition management and coaching, with all these listing being available online with MMC Sportz or for direct inquiries with the PFF. In his closing remarks, MMC Sportz CEO Eric M. Gottschalk stated that “More importantly, Don’t Break the 12th Man! It is important that all stakeholders don’t forget to engage with the fans. The fans are the most important aspect of the development of football in the Philippines – if there are no fans of football then there is no media, no spectators, no players, no games, no business. Everyone is required to ensure we keep the fans (football consumers) engaged year-long and the first step would be to get the media behind the game. There is a strong football - community out there already and hopefully, we the TV broadcasters will take another look at football and give them at least some consideration on the program schedule.  I believe today’s conference was a great success.  We brought the football community together, stimulated thinking, exchanged ideas and transferred a lot of knowledge. Now it is up to the football stakeholders to continue the progress.  From our end (and with the approval of the PFF) we will stage the 2nd edition of BOF early 2019 and hopefully we will be able to report on some of the changes initiated today.”    Speakers who shared their insights include LaLiga Managing Director for South East Asia, Japan, Korean and Australia Ivan Codina, AFC Head of MA Services Domeka Garamendi, SMG Insight Managing Director Frank Saez, Azkals Team Manager Dan Palami, Globe Director for OIC, Citizenship and Advocacy Marketing Miguel Bermundo, PFL CEO Lazarus Xavier, PFF General Secretary Atty. Edwin Gastanes, Ignite Sports Group Managing Director Michael Reyes,  Asian Replica Designs Founder & Owner Jonathan Mallinson, Quorum Group President & COO Jose Claudio, Jr., Mediapro Asia Director of Sales and Sponsorship Salauddin Sinnakandu, and MMC Sportz Marketing CEO Eric Gottschalk.  Organized by MMC Sportz Asia, the event was sanctioned by the Asia Football Confederation (AFC) and the Philippines Football Federation (PFF), and sponsored by La Liga, Dentsu X, SMG Insight, RSportz, Globe Telecom, Toby’s Sports, Manila Times and Platinumlist. - RELEASE  .....»»

Category: sportsSource:  abscbnRelated NewsMay 22nd, 2018

PH Consumer Confidence Weakens on Expected Commodity Price Upticks

The Philippine consumers’ confidence dropped to its lowest level in the first quarter of 2018 on expectations of higher prices of goods. However, monetary officials are confident this will improve in the second quarter as proven in the past surveys. Result of the central bank’s first quarter Consumer Expectations Survey (CES) for 2018 showed an […].....»»

Category: newsSource:  metrocebuRelated NewsMar 27th, 2018

PH consumer confidence at lowest level in Q1 2018 on expected commodity price upticks

The Philippine consumers’ confidence dropped to its lowest level in the first quarter of 2018 on expectations of higher prices of goods. However, monetary officials are confident this will improve in the second quarter as proven in the past surveys......»»

Category: newsSource:  interaksyonRelated NewsMar 27th, 2018

Inflation concerns weaken consumer sentiment in Q1 2018

MANILA, Philippines – Higher prices of goods in the first few months of the year dampened consumer spirits, according to the Bangko Sentral ng Pilipinas (BSP). Consumer confidence weakened but remained positive in the 1st quarter of 2018, with the overall confidence index (CI) declining to 1.7% compared to the ........»»

Category: newsSource:  rapplerRelated NewsMar 27th, 2018

Consumers less bullish as 2018 starts

By Melissa Luz T. Lopez Senior Reporter FILIPINO CONSUMERS turned less upbeat as the year opened due to expectations that prices of goods would keep rising, the Bangko Sentral ng Pilipinas (BSP) reported on Monday. The latest Consumer Expectations Survey (CES) yielded a 1.7% net confidence score for January-March, plunging from 9.5% during the fourth […] The post Consumers less bullish as 2018 starts appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 27th, 2018

Philippines cuts 2018 GDP growth goal, raises inflation targets

MANILA — The Philippine government has shaved its economic growth target for this year and raised inflation forecasts for 2018 and 2019, reflecting caution as soaring consumer prices curb expansion in one of Asia’s fastest growing economies. The economy grew 6.0 percent in the second quarter, the slowest in almost three years, raising the challenge […] The post Philippines cuts 2018 GDP growth goal, raises inflation targets appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsOct 16th, 2018

PH in UNHRC shows int’l ‘confidence’ on Duterte admin’s rights record

  The Philippines' election to the United Nations Human Rights Council (UNHRC) is an indication of the international community's "confidence" on the "human rights record of the Duterte administration," Foreign Affairs Secretary Alan Peter Cayetano said Saturday. Cayetano hailed the country's selection to the UNHRC, an inter-governmental body tasked to promote and protect human rights around the world. The Philippines garnered 165 of the 192 votes to secure a seat in the rights body during the UN General Assembly last Friday. The Philippines is one of the 17 member-states, which would serve a term in the UNHRC from 2018 to 2020. In a statement, Cayetano thanked human rights a...Keep on reading: PH in UNHRC shows int’l ‘confidence’ on Duterte admin’s rights record.....»»

Category: newsSource:  inquirerRelated NewsOct 13th, 2018

IN PHOTOS: Miss World Philippines 2018 evening gown competition

MANILA, Philippines – This year’s Miss World Philippines 2018 coronation night showcased on stage not only the confidence and beauty of all 40 candidates, but their fanciest and most gorgeous gowns during the evening gown competition. What were contestants wearing on Sunday, October 7, at the Mall of Asia ........»»

Category: newsSource:  rapplerRelated NewsOct 8th, 2018

Inflation rises to 6.7% in September 2018

Consumer prices continued their upswing, reaching a fresh nine-year high of 6.7 percent in September, the Philippine Statistics Authority reported yesterday......»»

Category: newsSource:  philstarRelated NewsOct 5th, 2018

Inflation rises to 6.7% in September 2018

Consumer prices continued their upswing, reaching a fresh nine-year high of 6.7 percent in September, the Philippine Statistics Authority reported yesterday......»»

Category: newsSource:  philstarRelated NewsOct 5th, 2018

PSC boosts DTI Consumer Fun Run 2018 at MOA grounds

PSC boosts DTI Consumer Fun Run 2018 at MOA grounds.....»»

Category: sportsSource:  thestandardRelated NewsOct 3rd, 2018

Sept inflation seen hitting fresh nine-yr high

INFLATION likely picked up further to a new nine-year high in September based on a Manila Times poll of economists, whose forecasts for the month ranged from 6.4 percent to 7 percent with a 6.7 percent average. Consumer price growth has stayed above the 2.0-4.0 percent target for 2018 since March— hitting 6.4 percent in… link: Sept inflation seen hitting fresh nine-yr high.....»»

Category: newsSource:  manilainformerRelated NewsSep 30th, 2018

Sept inflation seen hitting fresh nine-yr high

INFLATION likely picked up further to a new nine-year high in September based on a Manila Times poll of economists, whose forecasts for the month ranged from 6.4 percent to 7 percent with a 6.7 percent average. Consumer price growth has stayed above the 2.0-4.0 percent target for 2018 since March— hitting 6.4 percent in [...] The post Sept inflation seen hitting fresh nine-yr high appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 30th, 2018

LOOK: Queens strut down ABS-CBN Ball carpet

  Apart from the glamor and outstanding fashion of the Kapamilya stars on the red carpet, the ABS-CBN Ball 2018 was graced by stunning beauty title-holders.   From their pageant gowns and crowns to their strut on the red carpet, these queens turned heads with their otherworldly beauty and confidence. /cbb         Other beauty queens who graced the event were" Maxine Medina Nicole Cordoves Bianca Manalo Ariella Arida...Keep on reading: LOOK: Queens strut down ABS-CBN Ball carpet.....»»

Category: newsSource:  inquirerRelated NewsSep 30th, 2018

Inflation seen to peak September 2018

The growth in consumer prices may have already peaked this quarter as September is seen to begin a drier period more conducive to agricultural production and rice imports are set to arrive, said First Metro Investment Corp. (FMIC) in a report......»»

Category: financeSource:  philstarRelated NewsSep 27th, 2018

ADB lowers PH growth forecasts

The Asian Development Bank has cut its growth forecasts for the Philippines for the next two years and raised inflation projections for 2018 and 2019 as recent moves to temper high consumer prices would take time to show results.   Notwithstanding the expected slower gross domestic product (GDP) growth amid elevated prices, Kelly Bird, the ADB's country director for the Philippines, highlighted a more investment-led Philippine economy, which he said augured well to sustaining expansion in the medium term.   In its Asian Development Outlook 2018 Update report released Wednesday, the Manila-based lender downgraded its 2018 GDP growth projection for the Philippines to ...Keep on reading: ADB lowers PH growth forecasts.....»»

Category: newsSource:  inquirerRelated NewsSep 27th, 2018