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Pryce sets P900-M profit target this year

MANILA, Philippines - Pryce Corp.’s strong performance in the first half of the year puts it on track to meet its P900-million income target for 2016......»»

Category: financeSource:  philstarRelated NewsJul 28th, 2016

PAL likely to hit 13.5 M passenger target

MANILA, Philippines - The national carrier, which is on track to meet its passenger volume target of 13.5 million this year, is aiming to increase the number.....»»

Category: financeSource:  philstarRelated NewsDec 26th, 2016

Finance: PayMaya posts growth, on track to meet P200-B target this year

PAYMAYA Philippines, Inc., formerly Smart eMoney, Inc., saw its consumer products in terms of acquisition and the use of its application growing, keeping the company on track with its projected P200 billion worth of transactions by yearend......»»

Category: financeSource:  bworldonlineRelated NewsOct 10th, 2016

Philippines on track to meet 2016 growth targets

MANILA, Philippines - The Philippines is on track to attain its full year growth target of between six andseven percent, but the growth momentum may be slowe.....»»

Category: financeSource:  philstarRelated NewsSep 12th, 2016

Globalization rewards only the elite

The world’s elite that meet every January at the World Economic Forum, in Davos, Switzerland, are now very concerned about the world’s “obscene” income inequ.....»»

Category: newsSource:  philstarRelated NewsJan 21st, 2017

Capitol surpasses 2016 income target; sets P3.1 billion target this year

Capitol surpasses 2016 income target; sets P3.1 billion target this year.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2017

DoT fails to meet target of 6m tourists

DoT fails to meet target of 6m tourists.....»»

Category: financeSource:  thestandardRelated NewsJan 12th, 2017

US, Mexico could team up and meet FIFA's World Cup need

GRAHAM DUNBAR, AP Sports Writer   ZURICH (AP) — The United States and Mexico could team up and meet FIFA's need for the biggest-ever World Cup in 2026 being staged by the most host nations. Canada has also joined the North American neighbors for informal talks about a three-way bid in a contest that FIFA will complete during American President-elect Donald Trump's first term, according to persons familiar with the talks. They spoke on grounds of anonymity because the talks are confidential. FIFA's decision Tuesday to expand the 2026 tournament — to 48 teams from 32, playing 80 games instead of 64 — increased the chances of co-hosting to share the load. 'In some regions not only does it make more sense, it's the only sense,' said FIFA vice president Victor Montagliani, who leads the Canadian soccer federation. 'I think when more countries share (hosting) it's an opportunity to grow the game.' Asked specifically about a potential three-way bid with the U.S. and Mexico, Montagliani said: 'It's definitely a possibility because the rules now allow for it. 'I also respect the fact that each country has the possibility to put on the World Cup (alone) and I think the discussions will happen quite soon as to what is our region is going to look like at this World Cup as I think it is an opportunity for CONCACAF.' U.S. Soccer Federation president Sunil Gulati also took part in a unanimous FIFA Council decision. Though Mexico soccer leader Decio de Maria does not sit on FIFA's strategy-setting panel, he was also in Zurich with a top-level delegation from the regional soccer body, known as CONCACAF. The region was already favored to get its first World Cup since the U.S.-hosted 1994 edition, even before Tuesday's expansion decision. It now demands more high-quality training camps, hotels and transport for 48 teams, plus FIFA officials and hundreds of thousands of visiting fans. 'It means the number of countries that can host it without building major infrastructure and stadiums is limited,' said Gulati, adding his board has a 'fundamental decision' whether to bid. The U.S. could go alone, or bid with one or both neighbors. Uniting the U.S. and Mexico could win support from more than 20 Spanish-speaking federations among 211 FIFA members that now choose the World Cup hosts. It should also appeal to FIFA's sense of soccer having a role in society, amid tense cross-border relations caused by Trump's outspoken comments on Mexico. 'Listen, I'm a football guy, I'm not a politician,' said Montagliani, who like Gulati speaks fluent Spanish. 'The only thing I know from afar about Trump is that he's a big sports guy and he's proven that in the past ... so you would hope that football will trump politics. No pun intended.' FIFA typically looks for strong government support, and has it in the next two World Cup host nations Russia and Qatar. Russian deputy prime minister Vitaly Mutko is a FIFA Council member and attended Tuesday's meeting. FIFA has allowed co-costing at just one of 22 World Cups from 1930 through 2022, which included Mexico hosting alone in 1970 and '86. FIFA's former leaders later pledged not to repeat their 'two of everything' experience of 2002 in Japan and South Korea. Still, Infantino campaigned for the presidency last year promising an open mind about pan-regional hosting. FIFA's target is May 2020 to choose the 2026 host, though that could change during meetings being held in Bahrain in May. Asked if bidding could be accelerated if only three candidates emerged, and who all wanted to work together, Infantino said: 'It is premature to discuss about it now.' .....»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 2017

Globe on track for 2M homes fast broadband target by 2020

Globe on track for 2M homes fast broadband target by 2020.....»»

Category: newsSource:  manilatimes_netRelated NewsJan 9th, 2017

Raonic beats Nadal, keeps Brisbane title defense on track

JOHN PYE, AP Sports Writer br /> BRISBANE, Australia (AP) — Rafael Nadal was up a set and had a break point against defending champion Milos Raonic when he sent a forehand just wide. It was a mistake the 14-time Grand Slam champion wouldn't recover from. Raonic made the most of the reprieve, holding serve in that fifth game of the second set and then attacking Nadal's serve in the eighth to swing the momentum his way in a 4-6, 6-3, 6-4 quarterfinal win Friday at the Brisbane International. The top-seeded Raonic broke Nadal's serve again to start the third set, and calmly held on for only his second win in eight matches against the Spaniard. Raonic served 23 aces and hit 50 winners to just 19 for Nadal, who could only convert one of his seven break-point opportunities. As well as the big, deep service returns, Raonic also repeatedly went to the net, trusting his instincts and putting pressure on Nadal. 'Today the mentality behind the match was what sort of kept me around,' Raonic said. 'Some moments things weren't looking great. I wasn't efficient coming forward. I was missing some shots I shouldn't be. I was rushing. 'But at least I kept myself there, and I was able to always recuperate the next point. That's what I have to be most proud of.' Nadal, coming back from a layoff after an injured left wrist curtailed the end of his 2016 season, beat Raonic in an exhibition tournament last week. But Raonic played with more intensity in Brisbane, and Nadal said a couple of lapses were costly. 'Probably if I put that passing shot forehand cross, I had the break in the second set, big chance that we will be here one hour before with a victory,' Nadal said. 'That passing shot was long, and that's it. Then he had the break and match changes.' Nadal said three wins at the exhibition tournament, two wins and a close result in Brisbane gave him confidence his progress was good ahead of the Australian Open, where he is desperate to make amends for a surprising first-round exit last year. Still in contention to start back-to-back seasons with a Brisbane title, Raonic will play seventh-seeded Grigor Dimitrov — a 6-3, 4-6, 6-3 winner over No. 4 Dominic Thiem — in the semifinals. U.S. Open champion Stan Wawrinka and third-seeded Kei Nishikori will meet in the other semifinal match. The second-seeded Wawrinka beat unseeded Kyle Edmund 6-7 (2), 6-4, 6-4 to reach the semifinals in his first trip to the Brisbane tournament. In the previous three years, Wawrinka won the title in Chennai in the first week of the season before heading to Australia for the season's first major. Wawrkina has a 4-3 lead over Nishikori in career head-to-heads, including the semifinals at the U.S. Open last year, but Nishikori won two of the three meetings in 2016. Nishikori has now reached the semifinals four times in seven visits to the Brisbane International, needing just an hour for a 6-1, 6-1 quarterfinal win over Australian wild-card entry Jordan Thompson. 'I think I played one of the best matches so far, really dominating from the baseline and serving good today,' Nishikori said. 'Everything was working well.' U.S. Open finalist Karolina Pliskova will play Alize Cornet in the women's final on Saturday. Cornet was leading 4-1 when French Open champion Garbine Muguruza retired with a right thigh injury. Pliskova beat sixth-seeded Elina Svitolina 6-2, 6-4 in the other semifinal match. 'A little bit of luck never killed anybody,' said Cornet, who finished last year ranked No. 46 but now expects to be seeded at the Australian Open. 'I'm just going to take it. I really enjoy the fact that I'm in the final. It's a big day for me, yeah.' Muguruza didn't think the injury setback would trouble her at the Australian Open. 'It will not stop me,' Muguruza said. 'Cornet was playing good. I couldn't match her level today. I had some pains, and I thought it was smarter to take care of my body.' .....»»

Category: sportsSource:  abscbnRelated NewsJan 6th, 2017

Tottenham beats Chelsea 2-0 to end 13-match EPL winning run

br /> ROB HARRIS, AP Global Soccer Writer   LONDON (AP) — Dele Alli underlined his growing reputation by single-handedly ending Chelsea's 13-match winning run Wednesday, scoring two headed goals to give Tottenham a 2-0 victory over the Premier League leaders. The defense has been the bedrock of Chelsea's three-month hot streak but Alli was gifted space to score carbon copy goals in each half at White Hart Lane after meeting crosses from Christian Eriksen. By taking his tally to seven goals in four games, the 20-year-old Alli inflicted Chelsea's first loss since its last trip to north London at Arsenal in September and prevented the Blues from earning a league record 14th successive win in a single season. 'This league is very tough,' Chelsea manager Antonio Conte said. 'Now it's important to restart. After 13 wins in a row it's difficult to accept defeat.' Chelsea still leads Liverpool by five points but Tottenham is now only seven points behind in third after a fifth successive victory. 'It's a big statement for us but we are happy to stay under the radar,' said Alli, whose team's hopes of a first title since 1961 were ended by Chelsea last season. Conte established the winning run that sent Chelsea to the summit after switching to a three-man defense to stem the tide of goals in a 3-0 first half collapse at Arsenal. But the defense is now leaking goals, conceding four in the last two matches after only letting in two in the previous 12 fixtures. Tottenham matched Chelsea's formation and restricted Conte's side to few chances, while proving more cohesive and solid at the back to frustrate the visitors' forward line. 'I didn't get on the ball as much as I would have liked to,' Alli said. The midfielder didn't need to. Alli was described on the eve of the game by manager Mauricio Pochettino as the 'most important player to emerge in English football in recent years.' Signed from third-tier club MK Dons two years ago for 5 million pounds (then $8 million), Alli lived up to his manager's exalted praise with his mastery of the attacking spaces. While Chelsea was looking more likely to score on the counterattack in the first half, Tottenham used a break to devastating effect on the stroke of halftime with Alli making the breakthrough. Kyle Walker teed up Eriksen and as the cross was floated into the penalty area, Alli was left unmarked between Victor Moses and Cesar Azpilicueta to coolly nod past goalkeeper Thibaut Courtois. It was an assertive start to the second half by Chelsea, but Tottenham preserved its lead. Goalkeeper Hugo Lloris blocked a low shot from Diego Costa, Eden Hazard's low header was off target and Moses' penalty appeals were dismissed when he was clipped by Mousa Dembele. Spurs then punished Chelsea's porous defending again in the 54th minute with a replica of the opener. Walker did the running down the right flank before laying the ball off for Eriksen. The Danish international picked out Alli between Moses and Azpilicueta, and the midfielder found the target with this header. 'We were short of the levels we set ourselves, for whatever reason that may be, a few misplaced passes and not moving the ball as quick as we have been,' Chelsea defender Gary Cahill said. 'They are a top quality opposition and we got punished for being short.' Chelsea's plight in the derby was summed up in the first half by the team's top scorer, Costa, engaging in an on-pitch row with Pedro Rodriguez for several minutes. It followed Pedro's failure to run into space in front of goal to meet a pass from Costa when the score was still 0-0. 'It is normal disappointment,' Conte said. 'It was a good chance for us and we wasted it.' ___ Rob Harris is at www.twitter.com/RobHarris and www.facebook.com/RobHarrisReports .....»»

Category: sportsSource:  abscbnRelated NewsJan 4th, 2017

UBS sees 2016 GDP growth on track; slowdown ahead

GROSS domestic product (GDP) growth should hit the government target this year, UBS said in a “2017 Philippine Economic Outlook” that nevertheless flagged a slowdown in 2017 with the absence of election-related spending, higher borrowing costs.....»»

Category: newsSource:  bworldonlineRelated NewsDec 27th, 2016

Finance: BSP books record profit

THE BANGKO SENTRAL ng Pilipinas (BSP) booked a record income in October on the back of a surge in revenues and foreign exchange gains coupled with lower operating costs, keeping it on track to remain in the black for 2016......»»

Category: financeSource:  bworldonlineRelated NewsDec 21st, 2016

Cebu Capitol to Exceed 2016 Target Income of PHP2.9B

Cebu Capitol to Exceed 2016 Target Income of PHP2.9B.....»»

Category: newsSource:  metrocebuRelated NewsDec 16th, 2016

Philippines on track toward upper mid-income status, says EU

MANILA, Philippines - The European Union (EU) expects the Philippines to become an upper middle-income economy in the next five years behind continued reform.....»»

Category: financeSource:  philstarRelated NewsDec 12th, 2016

Auto industry 2020 target in peril with planned tax hike

MANILA, Philippines – The implementation of a proposal to raise automobile taxes by 2018 would throw the Philippine automotive industry off the track from cl.....»»

Category: financeSource:  philstarRelated NewsDec 11th, 2016

8990 keeps income target

8990 keeps income target.....»»

Category: financeSource:  thestandardRelated NewsDec 11th, 2016

Moro civil society calls for quadripartite meet to fast-track unity

DAVAO CITY (MindaNews / 14 Nov) – Civil society leaders from Zamboanga, Basilan, Sulu and Tawi-tawi (ZamBaSulTa) are calling for a quadripartite meeting involving the government (GPH), Moro National Liberation Front (MNLF), Moro Islamic Liberation .....»»

Category: newsSource:  mindanewsRelated NewsNov 15th, 2016

Corporate News: Capital raised at stock market unlikely to meet P200-B goal

THE PHILIPPINE Stock Exchange, Inc. (PSE) has conceded to missing its target of facilitating P200 billion worth of fund-raising activities amid the volatility that hounded markets across the world......»»

Category: financeSource:  bworldonlineRelated NewsNov 13th, 2016

Metro Pacific raises income target to P11.7B in 2016

Metro Pacific raises income target to P11.7B in 2016.....»»

Category: newsSource:  rapplerRelated NewsNov 8th, 2016