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Corporate News: Ayala sets sights on Southeast Asian market

AYALA Corp. is ramping up the regional expansion of its real estate, power and water units, while engaging Chinese firms keen on expanding in the Philippines, as the country's oldest conglomerate seeks to deepen its presence in businesses that will help address the needs of the country......»»

Category: financeSource: bworldonline bworldonlineApr 23rd, 2017

Taiwan firm eyes PH as manufacturing hub; local unit sets P6.77-B IPO

Taiwan-based New Kinpo Group (NKG) is grooming the Philippines to be its next Southeast Asian electronics manufacturing hub with a P6.77-billion local stock market debut planned by its local arm, Cal-Comp Technology (Philippines) Inc. Simon Shen, NKG chief executive, yesterday said the group was boosting its operating capacity in the Philippines as it shifted the focus of operations in China. "China will move toward higher level R&D (research and development), so its manufacturing component will slowly be transitioned to the Philippines. This IPO (initial public offering) will allow us to raise the funds needed to support the transition and help the Philippines enhance its manu...Keep on reading: Taiwan firm eyes PH as manufacturing hub; local unit sets P6.77-B IPO.....»»

Category: newsSource:  inquirerRelated NewsJul 12th, 2018

PSEi down 1% on profit-taking

The stock market fell back to the 8,400 level on Friday as investors decided to take profits ahead of next week’s Association of Southeast Asian Nations (Asean) summit and amid concerns over the outlook for corporate tax cuts in the United States. The bellwether Philippine Stock Exchange index (PSEi) lost 1.01 percent or 86.34 points [...] The post PSEi down 1% on profit-taking appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 11th, 2017

Corporate News: Malaysian mall owner woos Philippine retailers

A MALAYSIAN mall owner is trying to attract Philippine retailers offering American-style fastfood and lifestyle clothing to set up shop in the Southeast Asian country......»»

Category: financeSource:  bworldonlineRelated NewsJan 23rd, 2017

Corporate News: Pilipinas Shell says investors warm to IPO

PILIPINAS SHELL Petroleum Corp. will start offering its shares to retail investors today in a P19.5-billion market debut that would become Southeast Asia's fifth-biggest for the year given strong demand......»»

Category: financeSource:  bworldonlineRelated NewsOct 18th, 2016

Corporate News: Higher taxes on autos seen to dampen growth

THE proposal to hike excise taxes on automobiles is likely to dampen industry growth and push prices higher at a time when owning a car in the Philippines is already more expensive than in other Southeast Asian countries, executives from two automakers sa.....»»

Category: financeSource:  bworldonlineRelated NewsOct 13th, 2016

From the Bay to the PH: Stephen Curry s Manila Tour

Golden State Warriors star Stephen Curry made good on a promise he made to Filipinos three years ago -- to return to Manila.  Stephen’s game-breaking approach to basketball has scored him legions of adoring Filipino fans and followers from all around the globe who revel in every deep 3, every slippery drive to the rim, every sneaky steal.  His popularity has transcended borders, languages and cultures, and nowhere was that more evident than in Manila. Stephen’s first day began with a more than two hour on court workout with his trainer Brandon Payne. From shooting to speed and agility drills, Curry put in off season work as he continues to prepare for the upcoming NBA season. Steph Curry early practice in Manila ! pic.twitter.com/gCYsttNQIa — DYAN CASTILLEJO (@DYANCASTILLEJO) September 7, 2018 Curry wasted no time in tasting the local cuisine, and he couldn't have started with anything better, as he tried out some halo-halo.  Curry tries halo halo pic.twitter.com/Nn6Nm6zdGE — DYAN CASTILLEJO (@DYANCASTILLEJO) September 7, 2018   A cold dessert that includes shaved ice, and various fruits such as shredded coconut, mangoes, jackfruit mixed with gelatin and milk. After touring a Jeepney, he traveled to Mall of Asia for the Under Armour Southeast Asia 3x3 Finals which saw he and his father, Dell Curry, on court for a shooting contest with other local fathers, sons and daughters. The competition was fierce but Dell and Stephen secured the win. From a press conference with journalists who came from all around Southeast Asia to cover the UA Brand House ribbon cutting to a skills competition shootout with his dad Dell, everywhere Stephen went in public, his Filipino fans followed in lockstep, fascinated by the presence of the two-time MVP and three-time World Champion. The fans weren’t the only ones awestruck - Stephen himself was blown away by the incredible landscape and cultural significance of the dense and bustling Manila.  Taking a quick tour of some city sights, Stephen then toured a Jeepney, the flamboyant WWII era truck that still can be found transporting residents throughout Manila. Curry capped off the day with a relaxing Filipino scalp massage at Titan and a visit to his shoe brand's main store. Before leaving the country, Curry dropped by the opening ceremony of UAAP season 81, where he led the legions of student-athletes in reciting the oath of sportsmanship. .@StephenCurry30 officially opens #UAAPSeason81! 🔥 pic.twitter.com/GhSKYky44j — ABS-CBN Sports (@abscbnsports) September 8, 2018 After a busy three-day visit to Manila, much is left for the MVP's Asian Tour. Curry still has scheduled visits to Japan and China, among other Asian nations. .....»»

Category: sportsSource:  abscbnRelated NewsSep 8th, 2018

Ready player one: eSports superstar sets sights on Olympics

The undisputed superstar in the growing world of eSports said gaming deserved its place in the Olympics -- despite a mixed reception at its debut Asian Games. Faker, real-name Lee Sang-hyeok, has gone from high school drop-out to fame and fortune through eSports, which are now knocking loudly on the door of the mainstream. He said eSports' growth potential and popularity among the young made them a must both for the Asian Games, where they were played as a demonstration sport in Jakarta this week, and the Olympics. "ESports has great potential to become an official sport in the Asian Games, as well as the Olympics," the bespectacled League of Legends player told AFP. "ESp...Keep on reading: Ready player one: eSports superstar sets sights on Olympics.....»»

Category: newsSource:  inquirerRelated NewsAug 30th, 2018

ASIAN GAMES: Pinay spikers take on Kazakhs

JAKARTA --- After getting clobbered by Olympic champion China on Wednesday night, the Philippine women’s volleyball team shoots for some measure of respect when they battle Kazakhstan in the battle for fifth to eight places. The consolation round match between the Filipinas and Kazakhs is set at 2:30 p.m. (3:30 p.m. in Manila) on Friday. The Chinese shoved the Filipinas to the exit with a methodically easy 25-15, 25-9, 25-7 victory in the quarterfinals, the same night the Kazakhs fell to the Japanese, 25-16, 25-18, 25-21. If the Philippine volleybelles beat the Kazakhs, they get a chance to finish fifth if they topple the winner of the other consolation round match between host Indonesia and Vietnam also set on Friday. The Filipinas fell to the Kazakhs twice in last year's AVC Asian Senior Women's Volleyball Championship, losing in straight sets in pool play before a sorry five-set defeat in the classification match for 7th place. China surged to the semifinals against Japan. Reigning champion South Korea tangles with Southeast Asian champion Thailand in the other semifinal pairing. If the Filipinas lose, the best they could attain for is a seventh-place finish—but that they have to earn by beating the loser of the Vietnam-Indonesia tussle. Zhu Ting, arguably the best and highest-paid player of this generation, delivered only five points in a very limited time on the floor, but just the same, the Chinese were still too strong and too dominant for the Filipinos to overcome. So strong that China ended the match in less than an hour with 6-foot-6 Jaja Santiago serving as the lone bright spot with 12 kills, three blocks and an ace for the Philippine side that is looking to gain experience for the 30th Southeast Asian Games next year. Philippine head coach Shaq Delos Santos admitted that they were awed with how China played them. “All I can say is that they played one heck of a match,” said Delos Santos, who obviously had a tough time matching the strategy of his counterpart, China’s legendary coach Jenny Lang Ping. “They are very tall with a combination of speed, skills and talent. They are very smart on the court. It’s really an honor being on the opposite floor with them.” Delos Santos reiterated that their aim is not to win the gold, but to gain experience they would need for the SEA Games the country is hosting next year. The Philippine campaign in the Games included losses to Japan, Thailand and Indonesia—which went to four sets—and a lone win over lowly Hongkong. “For us, this is truly a great experience. I hope this inspires the team,” de los Santos said. “As I’ve told them, we don’t need to feel down. Instead, we have to be inspired because we’re learning whenever we play against these giants regardless of the results.”.....»»

Category: sportsSource:  abscbnRelated NewsAug 30th, 2018

ASIAN GAMES: Olympic champion China whips PHI

Powerhouse China easily dismantled Asian Games newbie Philippines in a 25-15, 25-9, 25-7 beating in the quarterfinals of women's volleyball Wednesday night at the GBK Indoor Hall. The 2016 Rio Olympics champions advanced in the semifinals in a collision course with Japan.  Xiangyu Gong had 16 points while Xinyue Yuan finished with 15 for the Chinese. Xiaotung Liu tallied 10 points while Chinese superstar Zhu Ting registered five points, playing in the first two sets before sitting out the third frame. Defending Asian Games titlist South Korea faces Southeast Asian giant Thailand in the other Final Four pairing. The Filipinas, who are making their return in the Asiad after 36 years, were relegated into the classification round for 5th to eighth place. Six-foot-5 Jaja Santiago led the way for the Filipinas with 16 points off 12 spikes, three kill blocks and an ace.  Team PHI will take on Kazakhstan on Friday......»»

Category: sportsSource:  abscbnRelated NewsAug 29th, 2018

Margielyn Didal s uphill climb to Asian Games gold

PALEMBANG - Filipina skateboarder Margielyn Arda Didal reigned supreme in the women's street competition at the 2018 Asian Games from start to finish. The 19-year-old Cebuana paced the pack after her second run and never looked back to bag the Philippines' fourth gold medal. Didal was so dominating that she posted an untouchable top score of 30.4 points for her smashing Asian Games debut. Japan’s Isa Kaya placed a distant second with 25.0 points from the combined two runs and two top tricks with 25.0 for silver while 12-year-old Nyimas Bunga of Indonesia took the bronze with a tally of 19.8 in this captivating millennial sport making its maiden appearance in the quadrennial, 45-nation sportsfest. “I am very happy I did my best. Sobra ang saya po, lalung –lalo na sa mga skateboarders natin,” said the gregarious Didal, who  lived up to her billing as the top favorite after her devil-may-care showing at the packed arena. After her resounding win, Didal revealed the hardships she had to work through just to get some practice back in Cebu. Asian Games Skateboarding Gold medal winner Didal from Cebu recounts hardship just to practice ‘hinahabol kami ng police kasi Bawal’ pic.twitter.com/tKaQbDJWWT — DYAN CASTILLEJO (@DYANCASTILLEJO) August 29, 2018 "Sa streets lang, hinahabol kami ng pulis, mga security pag may nakitang nag-skate," Didal told ABS-CBN News' Dyan Castillejo via video interview. "Minsan po pag nasa mall, pag nakahawak ka ng board, bawal ka pumasok," she continued. “Gusto ko rin na maipakita na skateboarding is a serious sport but can also be fun as well.” Didal's mother is a streetfood vendor back in Cebu, while his father is a carpenter. Both her parents were unable to accompany or even witness her historic feat. With the win however, a lot of opportunities are set to arise for the young skateboarder.  Didal will receive P6 million in incentives from the government and other groups as a reward for gold medalists in the Asiad, and she plans to use the money to finally bring her family to her next event. Margielyn’s mother is a street food vendor in Cebu , her father a carpenter. She hopes to be able to get them a passport so they can be at her next comp abroad . pic.twitter.com/QADA0LoXtQ — DYAN CASTILLEJO (@DYANCASTILLEJO) August 29, 2018 "Kukuhan ko rin sila (parents) ng passport after Asian Games kasi maraming invitations sa skate event. Para makasama sa next event ko, sa Brazil," she bared. Skateboarding made its debut in this iteration of the quadrennial meet, and will become a medal sport in the 2020 Tokyo Olympics. Didal trained in the United States for two months before competing in Indonesia, with nothing more than a dream to erase skateboarding's negative connotation in the country.  "[Para] sa skate scene sa Pinas, manibago naman yung tingin ng ibang tao sa skateboarding," an emotional Didal bared. Now a gold medalist, Didal hopes her success leads to better support for the discipline.  Margielyn spent 2 months training in the USA sponsored by MVP Sports Foundation , NB , POC . She gets emotional talking about how she hopes skateboarding would be given attention as a Sport . pic.twitter.com/ORTcIE4jPI — DYAN CASTILLEJO (@DYANCASTILLEJO) August 29, 2018 Didal leanred to skate in the streets of Cebu . She hopes there will be Public Skateparks set up around the country as so much talent among Pinoys in this Sport , says the 19 yr old . pic.twitter.com/c3T7Lt4aUK — DYAN CASTILLEJO (@DYANCASTILLEJO) August 29, 2018 Her golden achievement was the fourth mint courtesy of Pinoy female athletes after weightlifter Hidylin Diaz, golfer Yuka Saso and the PH women’s gold squad, and the first major contribution of the compact national contingent competing in 10 events here to the country’s overall medal tally.      Philippine Olympic Committee President Ricky Vargas and chairman Bambol Tolentino, who went straight from the airport to the venue,  arrived just in time to witness  the former street kid go  from strength to strength in garnering  “I am blessed to witness this great event by a young girl, a carpenter’s daughter and former street kid, who did so well.  Because of her hard work and belief in herself she is now where she is,” noted Vargas after witnessing Didal’s impressive run. “Congratulations Margie. The country is grateful for your efforts and sacrifices ,” said Philippine Sports Commission chairman Butch Ramirez in statement from Manila immediately after learning of the Cebuana’s accomplisthment. “We are arranging a hero’s welcome for  you. “Your PSC family is behind you all the way. Mabuhay ang atletang Pilipino.” Also greeting Didal immediately after her victory were deputy chef de mission Manny Cabili  and POC officials Col. Jeff Tamayo and Jonne Go. A veteran of the prestigious Street League championships in London last May – the first Southeast Asian to be invited to the event – Didal led from start to finish, setting the tone of the lopsided contest with an opening score of 6.7 points, highlighted by a difficult  ”Board Slide” on the railings after taking the higher platform.      Using a 8Five2 yellow skateboard, she displayed her own version of hang time with an “Ollie” on her second run to go comfortably ahead with 14.4 points to second-running Isa’s 13.3, and seemingly was just getting started. In the tricks section, where the two best scores out five tries count , Didal went full throttle with another “Board Slide” to net 6.0 in her initial run, took it easy with a 3.7 output in the second, before wrapping the gold up with eye-popping scores of 7.1 and 8.9 points in the third and fourth attempts. With a flair for the dramatic, her coup de grace was an acrobatic “Backside 50/50, 360-degree Flip Out” that drew oohs and ahhs from the gallery – an astonishing feat considering that it was the first time she did it in a major international competition. “This was the first time that Margielyn tried that stunt and is the highest score garnered by any skateboarder so far in the street event,”noted Skateboard Association of the Philippines Inc. president Monty Mendigoria. Didal and the rest of the skateboarding were scheduled to return to Manila on Thursday in what undoubtedly will be a hero's welcome for the country’s latest golden Asian Games sensation. .....»»

Category: sportsSource:  abscbnRelated NewsAug 29th, 2018

Golfers set sights on SEAG sweep

No sooner had the Philippine golf team heard the national anthem played here twice than a next mission came to mind – the Southeast Asian Games at home next year......»»

Category: sportsSource:  philstarRelated NewsAug 28th, 2018

ASIAN GAMES: Manganang punishes PHI in Indonesia win

Aprilia Manganang made the Filipinas remember who she is. The Indonesian hitter played with the same power and intensity she displayed three years ago in their first meeting as the host team beat the Philippine squad, 25-20, 25-20, 24-26, 25-22, Saturday night in the 18th Asian Games women’s volleyball tournament at the GBK Hall. Manganang gave the Filipinas all kinds of problem on defense and energized Indonesia in the tight fourth set to finish off the PHI.  Manganang dropped 28 big points with all but one coming off attacks that wreaked havoc on the Filipinas' net and floor defense while Amalia Nabila had 11 markers from seven kills and four service aces for Indonesia.  Indonesia grabbed its second win in three games and reasserted its mastery over the PHI, duplicating its emphatic straight-set win, 25-22, 25-20, 25-14, in the 28th Southeast Asian Games in Singapore back in 2015. After stealing the third set, the revitalized Filipinas engaged Indonesia in a see-saw battle in the fourth frame with Manganang resting on the bench and her sister Amasya playing. The PHI took an 18-17 lead before Indonesia sent Manganang back, who instantly made an impact scoring on a kill that sparked a 6-0 blitz to take a 23-18 lead. The Filipinas saved two match points only to commit its last of 26 errors on a reception miscommunication.       The PHI finished the pool play with 1-3 record and advanced in the quarterfinals straight to a collision course with either Olympic champion China or defending Asian titlist South Korea.    Alyssa Valdez had 16 points, 14 coming off attacks, while Jaja Santiago had 13 to lead the Filipinas, who failed to sustain the momentum they had when they defeated Hong Kong in straight sets - the country's first win after 36 years.  .....»»

Category: sportsSource:  abscbnRelated NewsAug 25th, 2018

Shut out in Jakarta, Pinoy jins set sights on SEAG, Olympics

After what it felt was a satisfying showing in the Asian Games in Indonesia, the Philippine taekwondo jins shift their focus on the next big battles ahead, including next year’s Southeast Asian Games on home soil and qualifiers for the 2020 Olympics......»»

Category: sportsSource:  philstarRelated NewsAug 25th, 2018

Diliman sets sights on more int’l titles

NEWLY-crowned Universities Sports International Fiesta-Malaysia champion Diliman College hopes to participate in more international tournaments in the future and get the chance to bring more honors to the country. To do this, the Blue Dragons plan to tap more corporate sponsors, like Gerry's Grill of businessman-sportsman Jerome Ngo, and Rebel….....»»

Category: newsSource:  journalRelated NewsAug 23rd, 2018

BPI sets investor meetings in Hong Kong, Singapore for $2 billion offshore borrowing

Ayala-led Bank of the Philippine Islands (BPI) is holding a series of meetings with fixed income investors in Hong Kong and Singapore starting today as part of its plan to raise $2 billion from the offshore debt market......»»

Category: financeSource:  philstarRelated NewsAug 23rd, 2018

China-Asean trade set to soar

The Association of Southeast Asian Nations, a bloc that constitutes China's third largest trading partner, will exploit a variety of opportunities to further tap China's market, given the.....»»

Category: newsSource:  philippinetimesRelated NewsAug 21st, 2018

Cayetano says Philippines plans to bid for 2030 Asian Games

By Camille B. Naredo/ABS-CBN News – Foreign Affairs Secretary Alan Peter Cayetano on Sunday revealed that the Philippines intends to bid for hosting rights for the 2030 Asian Games, even as the country is still preparing for the Southeast Asian Games (SEA) next year. “Maybe you should be the first Read more ».....»»

Category: newsSource:  thepinoyRelated NewsAug 20th, 2018

Experience different Southeast Asian flavors all in one place at Crustasia Asian…

Experience different Southeast Asian flavors all in one place at Crustasia Asian Seafood Market located at the 2nd Floor, Newport Mall. #RWManila Go on the ultimate food trip across Southeast Asia’s most vibrant flavors at Crustasia Asian Seafood Market, featuring dishes inspired by the best of Thai, Malay, Vietnamese, Indonesian, and Singaporean cuisines! Visit them… link: Experience different Southeast Asian flavors all in one place at Crustasia Asian….....»»

Category: newsSource:  manilainformerRelated NewsAug 10th, 2018

Metro Star Realty and Team Core to represent PH in Hoopbattle Championship in China

Metro Star Realty and Team Core booked their ticket to the HoopBattle Championship in China after finishing on top of the first ever Vivo HoopBattle Championship Philippines last Sunday (July 29) at the Market! Market! Activity Center, which aired live on ABS-CBN S+A and via livestream on ‪sports.abs-cbn.com. Led by 6’7 Jamal Thomas, who was also named the tournament’s Most Valuable Player, Metro Star Realty dominated Team Core, 21-10, in the final match to win the P200,000 grand prize of the 3x3 basketball tournament brought to the country by Ayala Malls and ABS-CBN Sports with co-presenter Vivo Philippines and in cooperation with Virtual Playground. Thomas and teammates Joseph Navarro, Reinier Quinga, and Argene Sabalza will represent the Philippines in the HoopBattle Championship in China later this year, where they will battle foreign teams for up to P3 million worth of prizes.  “It’s mission accomplished for me. I’ve always wanted to make my lola proud and make a name for myself and my family. I’m totally humbled and blessed,” said Thomas, who is currently a practice player for a local professional basketball team. Team Core, composed of Maharlika Basketball Pilipinas League players Axel Torres, John Vidal, John Cauilan, and JR Alabanza, also qualified to play in China, and took home P100,000 as the tourney’s second best team. “For me sobrang saya ng feeling, sobrang blessed, kasi hindi namin hiniling pero binigay ni God. Sobrang thankful kami. Mahirap pero sabi nga nila mag-enjoy lang,” shared Torres, whose team played undermanned with JR Alabanza getting injured prior the games. Both teams emerged on top after a single round robin elimination with six other teams that topped the Vivo HoopBattle legs held in different Ayala malls this July. The Metro Star Realty beat Team Ballers in the semifinals, while Team Core defeated Team Arellano University 2 in their own knockout game. The other teams that made it to the last eight were Just Coco led by Prince Rivero, Team Enderun bannered by former Batang Gilas Mike Dela Cruz, and Team F4 led by UP Fighting Maroon AJ Madrigal, and Team BS Susim Shipping. In an exhibition three point shootout, the tournament’s best long-range shooters Marco Sario (Team Ballers), AJ Madrigal (Team F4), and Mike Dela Cruz (Team Enderun) also bested Chinese players Jason Song, Camel Luo, and Young Sean, drawing cheers from Filipinos watching live in the venue. Song and Luo play for Chong Son Kung Fu in the ASEAN Basketball League, while Sean played in the 2014 FIBA 3x3 World Tour. HBC president Temple Deng said he is very happy with the turnout of the first HBC event outside China during an interview with ABS-CBN Sports anchor Andrei Felix, who hosted the event with UAAP basketball analyst Bea Daez and NCAA courtside reporter Roxanne Montealegre. “Just one word, amazing. I love it. They were very entertaining. Their performances were amazing,” he said. The tournament, which aims to highlight the both upcoming and undiscovered basketball talents in the country, started with 48 teams composed of players from both amateur and professional ranks. It was played under the strict guidelines of FIBA and sanctioned by the Samahang Basketbol ng Pilipinas. “This only shows how big 3x3 basketball already is here in the country. Players from all walks of life came to participate here. I know we even had a surprise team composed of security guards of an Ayala Mall. In terms of the level of play, these guys have obviously been playing a lot of 3x3,” ABS-CBN Sports head Dino Laurena shared. AMSI Inc. general manager Gabby Katigbak also said they look forward to more partnerships like the Vivo HoopBattle that gives Filipino athletes a chance to showcase their talent. Fans who watched the event yesterday also enjoyed special appearances by OPM star Inigo Pascual and athletes Ponggay and Therese Gaston, Bobby Ray Parks Jr, Chris Tiu, and Jimmy Alapag. ABS-CBN Sports anchors Martin Javier and Renren Ritualo also served as commentators for the livestream of the games. For more sports news and stories, visit sports.abs-cbn.com and follow @ABSCBNSports on Facebook and Twitter. For updates, follow @abscbnpr on Facebook, Twitter, and Instagram, or visit www.abscbnpr.com  .....»»

Category: sportsSource:  abscbnRelated NewsAug 1st, 2018

SUPER 8: Inside the Asia League s grand basketball plans for the region

MACAU --- The Summer Super 8 is just the beginning. The Asia League may only have eight teams, including two Pinoy teams, in its tournaments now with the Super 8, but the FIBA-recognized offseason competition platform for club basketball is targeting bigger and better things. All for the continued development of basketball, particularly in this part of Asia. Matt Beyer, CEO of the Asia League, noticed a couple of years back that there's pretty much no international club-to-club basketball competitions in Asia so he made some things happen. While football has tournaments like the UEFA Champions League, basketball has no such thing. There's the FIBA Champions Cup, but that includes all of Asia. What the Asia League tries to focus on is the East Asia and Southeast Asian territory, where top teams from China, Korea, Japan, and the Philippines can go after each other in high-level tournaments. "I just think there's a huge lack in international club-to-club basketball competition in Asia," Beyer said. "And if you look at China, Japan, Korea, the Philippines, Chinese Taipei, if you add the population of these geographies, it's over 2 billion people. So there's a lot of fans but no high level club-to-club competition. That's the reason this was created," he added. For Beyer, Macau seems to be the perfect setting to stage such tournaments and for the Summer Super 8, he's looking at it as something that could become Asia's version of the NBA's Las Vegas Summer League. Asia League has eight teams competing for the Super 8 this year with two teams each from China, Korea, and the Philippines plus one each from Japan and Taipei. Next year, the Super 8 may no longer be as the plan is to have 16 teams see action. "What we're aiming for is to become the East Asian version of the Las Vegas summer league," Beyer said. "Our July events, we will expand the scale of the teams. The eight teams this year, I wanna have 16 next year and that means more PBA teams if that's logistically possible," he added. Speaking of the PBA, the Asia League is aggressive is trying to work with getting Filipino teams to its events. Why? Pinoy teams attract crowds and they generally perform well with these kind of tournaments. For the ongoing Super 8, both NLEX and Blackwater ended up with identical 2-1 records. The Road Warriors are in the semifinals and the Elite missed the playoffs by one basket and ended up with an inferior quotient. And despite group play being played on weekdays, a decent Filipino crowd have showed up to watch the action at the East Asian Games Dome. "We started the dialogue with the PBA and Commissioner Willie (Marcial)," Beyer said. "We're trying to coordinate being able to make things work with the schedule and have teams released for the tournaments or just fit into the windows where they're available. I think we can work it out long term and I think this is good for the PBA and to the teams to play against different types of teams for a technical perspective and it should help to get the news out about PBA teams in other markets," he added. Aside from the Super 8 this year, the Asia League also has the Terrific 12 coming up in September. More than the number of teams involved, that tournament should be fiercer with club teams being allowed to have imports. Beyer ideally wants to have the PBA participate in that as well but with the Governors' Cup ongoing at that time, it might be difficult at least for this year. Still, the Asia League wants Pinoy teams, but not just any Pinoy teams. That's why Alab Pilipinas has been in consideration to compete in September though it's yet to be seen if Jimmy Alapag's crew can join. Ultimately, Beyer's goal is to have the Asia League be a hub for teams across Asia to compete with one another in such a way that their own mother leagues aren't being disrupted. The Asia League wants its July event to be the premier offseason joust. "The ideal situation that I look at is the July event be the summer league and expand it to 32 teams in three years. And that becomes the premier offseason forum just like the Las Vegas summer league is in the West," Beyers said. "September, we can't expand it above 12, that might be a little too big but let's see how it goes. That's gonna be the biggest preseason party for teams. We're gonna have the best rosters, tons of media, and broadcast on over 30 platforms all over the world," he added. That seems grand enough for the Asia League but there's more. Soon enough, full integration is going to be Beyer's target. "What we want starting the 2019-2020 season is to have integration into the seasons. What I look at is a pilot project where we take teams that are on the region and put them into two small groups that play home and way through the season, maybe one game per month to start," Beyer said. "And then we do a Final Four event, probably here in Macau to start. And then maybe that Final Four event can be like Euroleague Final Four before it moves around the region at an annual basis. That would be what I like to see. That would require a deep partnership with FIBA and the associations like the PBA," he added. Ultimately, the Asia League would like to stay true its mission to raise the standard of basketball in the region through greater collaboration with different leagues. It helps that for the current Super 8, teams are in it to win it and are taking things seriously. There should be more to come. "This isn't a one off tournament. We want to have a series of events. FIBA's mandate is a little different than ours but I think the goal is the same, we want to develop basketball and make the level of competition better in the region," Beyers said.   --- Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsJul 21st, 2018