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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

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

Report: Lakers, Clippers question severity of Leonard s injury

Just how hurt is Kawhi Leonard? That's the question the LA Lakers and the LA Clippers are asking, per a report by The LA Times' Tania Ganguli. Leonard, a two-time Defensive Player of the Year and one-time Finals MVP, is reportedly seeking a trade away from the San Antonio Spurs, with an eye towards heading home to Los Angeles, where he grew up and played college hoops. However, per Ganguli, neither the Lakers, nor the Clippers, are rushing to assemble any trade offers: Neither the Lakers nor Clippers have had trade discussions with the Spurs, as both teams have concerns about the severity of Leonard’s injury. He spent several months away from the team while rehabbing, which led to public barbs from Spurs coach Gregg Popovich about Leonard’s absence — an unusual move for the Spurs. While the Lakers are open to trading any player on their roster, how much they are willing to give up depends on their confidence in his health. It’s also unclear if the Spurs would be willing to trade Leonard to the Lakers or any other team. If they are, other teams might have more significant assets to offer, especially given that the Lakers do not have a lottery pick this year. They will select 25th in next week’s draft, a pick they got in a trade with Cleveland. The Clippers have more to offer than the Lakers. They would be willing to create a package with forward Tobias Harris and the 12th or 13th pick in this year’s draft, according to a source not authorized to speak publicly. In game one of the 2017 Western Conference Finals, Leonard injured his ankle when he fell on the foot of Golden State Warriors center Zaza Pachulia. He failed to play the rest of the series, and the Spurs lost in a sweep. Come the 2017-18 season, Leonard missed the first 27 games of the new campaign with what was described as a "right quadriceps injury." He figured in nine games, playing on a minutes restriction and avoiding back-to-back outings, and put up 16.2 points, 4.7 rebounds, 2.3 assists, 2.0 steals, and 1.0 blocks. He didn't play past January 13, 2018 (Jan. 14, 2018, PHL time) though, due to the quadriceps injury flaring up again. That led to the tension between Leonard and the Spurs, as team doctors had cleared him to play again, while Leonard opted for a second opinion, and later, further rehab......»»

Category: sportsSource:  abscbnRelated News3 hr. 49 min. ago

Boxing: Mercito Gesta back on winning track, captures WBO NABO title

US-based Cebuano boxer Mercito 'No Mercy' Gesta is back to his winning ways, defeating Robert Manzanarez via Majority Decision to capture the WBO NABO Lightweight Championship at the Fantasy Springs Casino in Indio, California, Thursday evening.  The 30-year old Mandaue native bounces back from a world title bout loss to Jorge Linares back in January.  .@TheRealMGesta with .@FreddieRoach have made their way to the ring with the flag up high to Eminem’s Lose Yourself 🇵🇭🥊 pic.twitter.com/JB9WJcPoVB — Steve Angeles (@StevieAngeles) June 15, 2018 Cornered by legendary trainer Freddie Roach, Gesta outboxed the taller Manzanarez throughout ten rounds, closing the distance and landing the harder blows.  Solid round 5 by Gesta pic.twitter.com/tuEautDQDD — Steve Angeles (@StevieAngeles) June 15, 2018 A series of near death blows in round 9 from .@TheRealMGesta Manzanarez took it like a G and gives him a hug after 🤗😝 #boxing 🥊🇵🇭 pic.twitter.com/fFMEbb6IFN — Steve Angeles (@StevieAngeles) June 15, 2018 After ten rounds, two of the three judges scored the bout 96-94 in favor of Gesta, while the third scored it as a 95-95 draw, giving the Pinoy the Majority Decision win and the WBO NABO title.  🇵🇭🇵🇭🇵🇭 @TheRealMGesta wins the NABO championship in a hard fought majority split decision vs Arizona based Mexican fighter Robert Manzanarez 🇵🇭🥊 at .@FantasySprings pic.twitter.com/Q8XwbWvwNb — Steve Angeles (@StevieAngeles) June 15, 2018 Gesta has now won four of his last five bouts as he improves to 32-2-2 in his professional career. .....»»

Category: sportsSource:  abscbnRelated NewsJun 15th, 2018

FDI inflows up in Q1 2018

Net inflow of foreign direct investments rose to $2.18 billion in the first three months as investors continued to show confidence on the Philippine economy, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJun 11th, 2018

PH gets high peace grade

A global survey on peace and security gave the Philippines an 82 rating for it to land on the top half of 142 countries graded in terms of their citizens’confidence in law and order. The 2018 Global Law and Order report of US pollster Gallup showed the Philippines was a notch behind New Zealand, two […].....»»

Category: newsSource:  tribuneRelated NewsJun 10th, 2018

Consumers turn more optimistic in Q2 2018

Filipino consumers turned more optimistic in the second quarter as the confidence index showed improvement, reversing three consecutive quarters of decline on the back of expected higher income as well as family savings and improving peace and order situation, according to a survey conducted by the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJun 8th, 2018

After the 2017 Finals, Warriors looking for sweep this year

The Golden State Warriors know that if they give the Cleveland Cavaliers an opportunity to extend the series in Game 4 of the 2018 NBA Finals, they're going to take it. They don't even need to look too far for a reminder - that's exactly what happened a year ago. Just like in 2017, the Warriors are up 3-0 in the Finals, needing one more win to clinch the championship. This time though, they're determined to avoid having to fly back to Oakland and win on their homecourt. "Anything can happen if you give a team confidence," said Klay Thompson after practice, Friday (PHL time). "Nothing is ever guaranteed in this league. So might as well leave it all out there on the floor, not think in the back of your mind [that] all we have to do is get one of the next four. Just play your absolute hardest, exert all the effort you've got, and we should be good." "Just understand the opportunity that we have," Draymond Green said of the Warriors' situation. "You never know, crazy things that can happen, turn of events in a series that could take place. So you have the opportunity to close out, you want to do that. So you come in, take full advantage of the opportunity in front of us." The Cavaliers took Game 4 of the 2017 NBA Finals, 137-116. LeBron James exploded for a triple-double, 31 points, 10 rebounds, 11 assists, Kevin Love added 23 markers, and Kyrie Irving notched 40 points in 40 minutes. For Kevin Durant, going through what happened last season gives the Warriors an edge towards avoiding a similar 3-1 result. "It's different man. I keep telling people. It's just a different vibe because we've already been through a season with each other already as champions.So we know exactly what we need to do in order for us to win." Stephen Curry though knows it's not going to be easy, no matter what experience can teach the Warriors. "Game 4 is going to be the toughest game that we've played in the series, to close it out. We're going to need energy, effort, focus from every guy that steps foot on the floor for 48 minutes. "Whether shots go in or they don't, or calls go your way or they don't, no matter what the score is, you've got to keep fighting, keep playing. Because close-out games are the hardest thing that you can ever experience in the Playoffs.".....»»

Category: sportsSource:  abscbnRelated NewsJun 8th, 2018

Palace: Phl not taking soft stance on China

The Palace denied it is going soft on China amid reports of a resumption of build-up over disputed portions of the South China Sea (SCS) that foreign ministers of the Association of Southeast Asian Nations (Asean) have criticized. Presidential spokesman Harry Roque said the Philippines shares Asean leaders’ concern regarding China’s aggressive actions on what is said to be the world’s busiest waterways.The recently concluded Asean foreign and defense ministers in Singapore issued a statement that did not name China but said that “land reclamations and activities in the area . . . have eroded trust and confidence, increased tensions and may undermine peace, security and stability in the region.” The Asean ministers resolved to expedite the code of conduct (CoC) on how to negotiate with China regarding overlapping maritime claims.“Asean’s concern on the Chinese build-up is right because Asean, as a regional bloc, wants to adhere to discussions pertaining to the code of conduct,” Roque said.“We cannot be not joining the call because the Philippines is one of those concerned in this campaign,” he added.Roque also disputed views that Manila is not among those insistent in pressing Beijing to speed up the CoC drafting. “We are not being too soft (on China) but we have an established policy on that. Number one, of course, is we are one with Asean in recognizing that this is a concern for all Asean countries. Particularly that of the freedom of navigation in the West Philippine Sea,” Roque said.“Our common concern is peace security and stability in one of the world’s busiest sea lanes,” he added.During Manila’s hosting of the Asean last year, President Duterte did not cite the Permanent Court of Arbitration (PCA) ruling that nullified Beijing’s sweeping claim over nearly the entire South China Sea.It was the Philippine government that contested China’s nine-dash-line claim before the Hague court. China, however, refuses to recognize it.Apart from the Philippines, other Asean countries also have overlapping claims at the South China Sea including Vietnam, Malaysia and Brunei.Reclamation to continueChina in its known mouthpiece Global Times said Beijing is concentrating on civil and not military construction on islands in the South China Sea but insisted that the Chinese “will expand land reclamation.”“Most of the construction on islands in the South China Sea were completed in 2015 and the pace then slowed. Civilian facility construction is the major focus of the South China Sea islands building and the portion of defense deployment is relatively small,” Global Times quoted Chen Xiangmiao, a research fellow at the National Institute for the South China Sea.The size of some South China Sea islands will be further expanded in future through more dredging in the South China Sea region, Chen said.The relationship between China and other Southeast Asian countries, such as the Philippines, has becalmed in recent years, providing a golden opportunity for China to upgrade these areas, he said.China and the Philippines are enjoying good terms as President Rodrigo Duterte maintains a friendly policy toward China, Chen said. “But there is still some domestic pressure that urges Duterte to take a tough stance on China and the South China Sea issue,” Chen said.Foreign media like to hype China’s construction in the South China Sea as they try to make excuses to prevent China’s activities in this region, Zhuang Guotu, head of Xiamen University’s Southeast Asian Studies Center, told the Global Times.“China has the right to build whatever it needs within its territory,” Zhuang said.China’s military deployment in the South China Sea region was “not for military expansion,” but to defend its security and interests, he said.Zhuang and Chen warned the US is the biggest threat to stability in the South China Sea.“The US, Australia, Japan and other allies will constantly provoke China over this issue and that will incite other neighboring South China Sea countries to do the same,” Zhuang said.China’s construction projects in the region covered about 290,000 square meters in 2017, including new facilities for underground storage, administrative buildings and large radar, according to a report released in December on the nanhai.haiwainet.cn website run by the National Marine Data and Information Service and People’s Daily Overseas edition. No foreign vessels at BenhamThe Armed Forces of the Philippines (AFP) has not monitored any foreign vessels at the Philippine Rise, formerly known as Benham Rise, during its latest patrol in the area. Lt. Col. Isagani Nato, AFP-Northern Luzon Command (Nolcom) spokesman, said that based on the latest patrol conducted by Nolcom troops, there was no presence of foreign ships at Philippine Rise.“As of now, we don’t have a report that there is presence (of foreign vessels) in Benham Rise,” said Nato.Earlier, Agriculture Secretary Emmanuel Piñol announced that President Duterte has banned foreign ships at the Philippine Rise and ordered the military to patrol the area.The announcement came following an uproar from government critics after the Duterte administration allowed the Chinese to conduct scientific research at the Philippine Rise.Nato, however, said that Nolcom is yet to receive official order regarding the matter.But Nato maintained that with or without the latest directive, Nolcom has regularly conducted air and maritime patrols along Philippine Rise.Apart from Nolcom, the Air Force and the Philippine Navy, Nato said that the Philippine Coast Guard, the Bureau of Fisheries and Aquatic Resources (BFAR) and the Philippine National Police-Maritime Group (PNP-MG) also conduct their own patrol in the area.He said the Nolcom uses air and naval assets of the Navy and the Air Force units under its jurisdiction.“We conduct our patrols regularly. It is a mandate of Nolcom forces so that is continuous with or without the directive from higher ups,” said Nato.According to Nato, Nolcom conducts three to four maritime and air patrol at Philippine Rise per month as part of the government efforts to secure the country’s maritime domain.ML ruling lauded, hitThe Supreme Court’s (SC) decision to uphold Mr. Duterte’s year-long martial law extension in Mindanao also drew mixed reactions.The High Court on Tuesday voted 10-5 junking militant groups’ petition and finding “sufficient factual basis” to extend martial law and suspend the privilege of wirt of habeas corpus in Mindanao until December 31, 2018.Roque welcomed the ruling saying that it affirms the need to continue protecting citizens from the threat of terrorist groups, primarily Islamic State (IS)-inspired fanatics.But for Left-leaning groups who petitioned the SC to lift martial law, the court decision opens up more crackdowns and human rights violations.The Palace official has insisted that human rights will be respected amid security operations.“The SC ruling underscores the unity of the whole government in its bid to defeat terrorism and prevent the spread in other parts of the country of DIWW and other like-minded local and foreign terrorist groups,” Roque said.“The majority of votes is a manifestation of confidence on law enforcement agencies that they shall, like they had been doing before, continue to protect our people, secure Mindanao, and pursue the bigger task of rehabilitation while upholding the rule of law, Human Rights, and International Humanitarian Law,” he added.Human rights watchdog Karapatan sees the contrary in the government’s motives, saying that the year-long military rule will boost attacks on the people.The continuous implementation of martial law in Mindanao will allow the unhampered massive rehabilitation in war-torn Marawi City and boost the security forces campaign to finish off the rebellion, the Department of National Defense (DND) said. In a statement, Defense Secretary Delfin Lorenzana said that the Supreme Court’s decision affirming the constitutionality of the one-year extension of martial law in Mindanao will definitely boost government efforts to rebuild Marawi City and address continuing rebellion.The defense chief welcomed the SC decision as a vote of confidence to the government security forces.“The DND – AFP is grateful for the trust and confidence of our public institutions and the support of the Filipino people,” said Lorenzana. Mario J. Mallari.....»»

Category: newsSource:  tribuneRelated NewsJun 7th, 2018

Better Jobs, Manufacturing Data to Support PH’s Q2 Growth

National Economic and Development Authority (NEDA) undersecretary Rosemarie Edillon expressed confidence that the improving performance of the country’s labor force and manufacturing sector will spur forward the country’s economy in the second quarter of 2018. This is after the government released on Tuesday the labor and manufacturing data for April this year, which showed unemployment […].....»»

Category: newsSource:  metrocebuRelated NewsJun 7th, 2018

BSP: Business Optimism on PH Still Stable in Q2

Bangko Sentral ng Pilipinas’ (BSP) Business Expectation Survey (BES) for the second quarter of 2018 revealed that businessmen have remained optimistic about the Philippine economy. The BSP reported Thursday that overall confidence index in Q2 2018 stood at 39.3 percent, slipping from 39.5 percent in the first quarter of the year. But the central bank […].....»»

Category: newsSource:  metrocebuRelated NewsJun 4th, 2018

A promising grocery retail market

High consumer confidence, combined with sustained economy, drives the country to become one of the most robust retail markets in the Southeast Asia today. Among all the subsectors of the retail segment, grocery retailers continue to have the most impact on the economy. According to the 2017 Food Retail Sectoral Report by Global Agricultural Information […] The post A promising grocery retail market appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 30th, 2018

Record futility dooms Houston Rockets in Game 7

By Sekou Smith, NBA.com HOUSTON — In the end, all the questions remain. For Mike D’Antoni, for Chris Paul, James Harden and the rest of the Houston Rockets. All of the demons of playoffs past that the were to be eradicated with one game, Game 7 of the Western Conference finals on their home floor against the reigning champion Golden State Warriors, and all of the noise would be silenced. But it wasn’t to be. The team these Rockets were built to beat, would not be denied. The Rockets’ record-setting season, the best regular season in franchise history, was undone by another record they ran into head on in what turned out to be the final night of their would-be magical campaign. The Rockets shot a jaw-dropping 44 times from beyond the three-point line, making just seven while enduring a cover-your-eyes stretch that saw them miss a staggering 27 straight. The 37 misses from deep are a playoff record. They broke their own record of 36, which they set in the first round against Minnesota when they shot 16-for-52 in Game 2 against the Minnesota Timberwolves and won by 20 points. You can go cold as ice from deep in a first-round series against an overmatched opponent and still win in a runaway. You can’t do it against the best shooting team in NBA history in a game with everything on the line. And as the Rockets sputtered in the third quarter the Warriors heated up. A Kevin Durant three-pointer tied the game at 61 with 4:34 to play in the third and a corner three from Curry with 36 seconds later gave the Warriors a 64-61 lead they’d never surrender. “These guys, you think you’ve got them or you think you are guarding them okay, and it’s just, if you take a deep breath one time, it’s a three,” D’Antoni said. “That’s why they’re so good.” Here is a compilation of all of the Rockets 27 straight missed threes ....🤮🤮🤮 pic.twitter.com/p9HRJuMJNz — gifdsports (@gifdsports) May 29, 2018 P.J. Tucker’s corner triple late in the game was the Rockets’ only made basket from distance after halftime, an ugly 1-for-21 effort that precipitated their collapse from an earlier 15-point lead. “Man, it hurts bad,” said veteran Rockets forward Trevor Ariza, who had perhaps the most brutal night of all, going scoreless on 0-for-12 shooting from the floor, including 0-for-9 from deep. “We played hard, though, we fought hard. I’m just hurt right now. Yeah, this one hurt real bad.” Their early lead provided even more false security for a team that already had to work without Paul in Games 6 and 7; that right hamstring strain suffered in the final minute of the Rockets’ Game 5 win ending his season prematurely. The Rockets’ season-long focus on the Warriors provided the ultimate incentive, from Daryl Morey’s obsession with the four-time Western Conference champs as he put this Rockets team together last summer, until the final buzzer Monday night (Tuesday, PHL time). But now the after taste of being so close but just not quite healthy or good enough will linger into another offseason that begins before June. The manner in which they lost cuts particularly deep for a team that bragged about its “swagger” all season, from opening night at Oracle Arena when they spoiled ring/banner night for the Warriors right up until their fall in Game 7, when the strength they’d relied on all season failed them. “One half of basketball,” Harden said. “Two games, Game 6 and 7. One half of basketball. We just didn’t have the same energy that we had in the first half or the pace. So it’s extremely frustrating … we had an opportunity tonight and last game without Chris. Obviously he’s a big part of why we are here, but we had opportunities, especially in the first half of both games.” D’Antoni praised his team after it was all over, refusing once again to measure them based solely on the results of this series and this postseason. He stayed true to his word before the playoffs began, insisting that what happens now would not define the careers of Harden or Paul. It’s a noble thought, a fine gesture from an accomplished coach who helped revolutionize the game but is lacking that one breakthrough trip to basketball's biggest stage: The Finals. If that’s the way it looks and feels from the inside, fine. But externally, the results are all that matter. And D’Antoni, Harden and Paul go into the offseason with the same whispers, the same doubters wondering about their readiness for the magnitude of these sorts of moments. D’Antoni is still the great coach without a signature accomplishment. His team had a 3-2 edge in this series and home-court advantage in their back pocket, and couldn't finish against a team that has mastered the style of play he introduced to the league during his days in Phoenix with a two-time Kia MVP running the show. D’Antoni’s confidence, however, will not be shaken by yet another postseason failure. “No, because the other team’s doing it,” he said. “No, not at all. That’s where the game’s going. Now we should have made some more [three's] but no, I don’t lose confidence in that. We’ve got the right formula. We’ve got to execute it. We’ve got to do a little bit better and it would be nice if they would help out a little bit, but it seems like they’re not. We’ll get better.” Paul is still the all-time great point guard who can’t seem to stay healthy long enough to fulfill his destiny on a championship stage. “We knew it was going to be tough on him,” D’Antoni said. “Mostly I hate it for him. He’s probably more devastated than anybody. But again, I know the fans of Houston, especially myself, to have him on your side is incredible. He’ll be back. Like I said, he’ll be even better. We’ll be better.” Harden, the likely Kia MVP this season, is favored to join an unfortunate cast of players with the most valuable hardware but without a championship ring to go with it. After scoring 41 points in Game 1, his numbers continued to slide. He averaged 26.7 points on 38 percent shooting from the floor, including 20 from beyond the arc, over the final six games. And since Paul was relegated to a sideline motivator role for the final two games, the burden Harden carries into the offseason for this latest setback is magnified. But like his coach, Harden said there was no turning back. Even with a record blizzard of three-point misses, there was never so much as a passing thought to change up and try something different. “I mean, we had a lot of open shots,” Harden said, confident to the bitter end. "I think we competed , and competed the best we can.” The Rockets’ best would have been good enough to beat anyone else in the NBA Monday night (Tuesday, PHL time). Just not the one team they were supposed to built for. Sekou Smith is a veteran NBA reporter and NBA TV analyst. You can e-mail him here, find his archive here and follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting......»»

Category: sportsSource:  abscbnRelated NewsMay 29th, 2018

Nobel Foundation says literature prize may be delayed again

The Nobel Foundation on Friday said this year's literature prize, already postponed until 2019 due to a sexual assault scandal, may be delayed further. Lars Heikensten, executive director of the foundation said the 2018 prize would be "awarded when the Swedish Academy has regained confidence or is in the process of doing so to a sufficient extent". "This means that there is no 2019 deadline," he told the public Swedish Radio. The body has been in turmoil since November when Swedish daily Dagens Nyheter --- in the wake of the global #MeToo campaign --- published the testimonies of 18 women who claimed to have been raped, sexually assaulted or harassed by an influent...Keep on reading: Nobel Foundation says literature prize may be delayed again.....»»

Category: newsSource:  inquirerRelated NewsMay 27th, 2018

James Yap is PBA 3-point king once again

BATANGAS --- After nine years, James Yap is once again the league's best marksman. The Rain or Shine sniper claimed the Three-Point Shootout title Friday in the 2018 PBA All-Star Week here at Batangas City Sports Center. "I still can do it," Yap sighed after capturing the crown. Making the most of the money balls, Yap drained nine out of the available 10 colored basketballs to wound up with 24 points, missing only his last ball. "Every time I shot the ball, I thought that this is the most important ball. Whenever it goes in, it adds to my confidence," he said. Stanley Pringle finished second with his 21 points, while former champion Terrence Romeo could only get to 16....Keep on reading: James Yap is PBA 3-point king once again.....»»

Category: newsSource:  inquirerRelated NewsMay 25th, 2018