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Gaming firms bet on windfall from China trip

MANILA, Philippines – Listed gaming companies stand to benefit from the Duterte administration’s stronger ties with China as more mainland Chinese tourists a.....»»

Category: financeSource: philstar philstarNov 2nd, 2016

Category: newsSource:  manila_shimbunRelated NewsOct 21st, 2016

Philippine firms secure over $11B deals during China trip

BEIJING – The Philippines secured $11.24 billion worth of investments from Chinese companies involving 17 different projects as a testament to the warming ec.....»»

Category: financeSource:  philstarRelated NewsOct 21st, 2016

Duterte firms up trip to China amid sea row

DAVAO CITY, Philippines – President Duterte has firmed up his plan to visit China this month on the heels of criticisms from long-time ally the United States.....»»

Category: newsSource:  philstarRelated NewsOct 2nd, 2016

Filipino banned from China eSports tournament over alleged racism

SHANGHAI, China – A professional Philippine eSports player was banned on Tuesday, December 4, from a million-dollar tournament in China, embroiling the world of competitive gaming in controversy as it faces threats of a boycott. Carlo "Kuku" Palad, who plays for Philippine team TNC Predator, has been barred from competing at ........»»

Category: newsSource:  rapplerRelated NewsDec 5th, 2018

Japan’s megabanks bolstering services in Southeast Asia, betting on jolt to regional growth

BANGKOK -- Japan's three megabanks --- MUFG Bank, Mizuho Bank and Sumitomo Mitsui Banking Corp. (SMBC) --- are ramping up services for local companies and Japan-affiliated firms in Southeast Asia amid expectations economic activity in the region will get a shot in the arm from the abolition, in principle, of tariffs among members of the Association of Southeast Asian Nations this year. The megabanks' approach also reflects forecasts that the trend of businesses shifting factories from China to Asean members as a spillover effect of U.S.-China trade friction will accelerate. On Wednesday, MUFG held a "business matching fair" that brought together corporate clients in Bangkok. Th...Keep on reading: Japan’s megabanks bolstering services in Southeast Asia, betting on jolt to regional growth.....»»

Category: newsSource:  inquirerRelated NewsDec 3rd, 2018

Joint oil, gas exploration to benefit local firms

Three listed companies are expected to benefit significantly from a successful outcome of a joint oil and gas exploration agreement with China, market observers said......»»

Category: financeSource:  philstarRelated NewsDec 3rd, 2018

[ANALYSIS] Is Duterte selling out the Philippines to China?

We need to talk more about President Rodrigo Duterte’s excessive pandering to Chinese interests. This week, after Chinese President Xi Jinping’s historic 2-day state visit, a total of 29 deals were signed between the Philippine and Chinese governments. (READ: LIST: Deals signed during Xi Jinping’s trip to Philippines ) Most of these were economic in nature ........»»

Category: newsSource:  rapplerRelated NewsNov 23rd, 2018

Xi trip boosts As-Pac synergy

BEIJING, China– Chinese President Xi Jinping on Wednesday concluded a seven-day Asia-Pacific trip with reaffirmed Chinese commitment to open and inclusive cooperation, common development as well as a friendly neighborhood. Wang noticed an extensive support for Xi’s appeal for efforts from the APEC economies. From15 to 21 November, Xi attended the 26th Asia-Pacific Economic Cooperation […].....»»

Category: newsSource:  tribuneRelated NewsNov 23rd, 2018

China surveillance firms face backlash amid Xinjiang crackdown – Al Jazeera

The video screen shows a constant procession of Chinese citizens moving past a camera at what appears to be a […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsNov 21st, 2018

China has over 9,600 language firms

BEIJING — China had 9,652 language service firms as of the end of June, according to an industry report released Monday. “The rapid development of China’s language service industry, especially its translation business, comes together with the country’s reform and opening-up,” said the China Language Service Industry Development Report 2018. The report was released at […].....»»

Category: newsSource:  tribuneRelated NewsNov 20th, 2018

LIST: Deals signed during Xi Jinping s trip to Philippines

MANILA, Philippines – The Philippines and China signed 29 agreements on the first day of Chinese President Xi Jinping's state visit to the Philippines from Tuesday to Wednesday, November 20 to 21. Xi and Philippine President Rodrigo Duterte witnessed the exchange of these agreements on Tuesday in Malacañang. Among these deals is a memorandum of understanding on oil and gas development . Here is ........»»

Category: newsSource:  rapplerRelated NewsNov 20th, 2018

Manila Bay Area seen overtaking Makati CBD by 2021 — Colliers

DEMAND from foreign employees of offshore gaming firms is boosting the growth of the Metro Manila’s residential condominium market, particularly in the reclaimed area fronting Manila Bay......»»

Category: newsSource:  bworldonlineRelated NewsNov 19th, 2018

Why China chose Arroyo over Aquino

Editor's Note: This story was originally published on July 24, 2012. Rappler is republishing this piece in time for Chinese President Xi Jinping's trip to the Philippines this month. MANILA, Philippines (UPDATED) – If China became increasingly aggressive in defending its territorial claims in 2012, it was partly because of ........»»

Category: newsSource:  rapplerRelated NewsNov 18th, 2018

Watchdog warns vs signing Kaliwa Dam loan deal with China

An economic watchdog on Wednesday warned the Duterte government not to sign the bilateral loan agreement to fund the Kaliwa Dam project during the visit of China President Xi Jin Ping.   The Freedom from Debt Coalition (FDC) said the attached loan conditions had terms that were "patently unfavorable" for the Philippines.   "We fear that in the rush to get the project signed, the legitimate concerns of key stakeholders including indigenous peoples, local government units and local communities are being ignored," FDC president Rene Ofreneo said.   For instance, FDC cited the condition of limiting project bidders to only Chinese firms, adding that the co...Keep on reading: Watchdog warns vs signing Kaliwa Dam loan deal with China.....»»

Category: newsSource:  inquirerRelated NewsNov 14th, 2018

China Telecom joins local tycoon in joint bid for Philippine telco license

MANILA—China Telecom and firms controlled by a Filipino tycoon jointly bid on Wednesday for a third telecoms license on offer in the Philippines, as the Southeast Asian nation seeks to boost its notoriously weak services and end a domestic duopoly. State-controlled China Telecom joined businessman Dennis Uy, whose interests include real estate, energy, shipping and logistics, […] The post China Telecom joins local tycoon in joint bid for Philippine telco license appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsNov 7th, 2018

China lost to PH in court. Will it win via joint exploration?

DAVAO CITY, Philippines – Chinese Foreign Minister Wang Yi's Philippine trip from Sunday to Monday, October 28 to 29, is the latest in back-and-forth meetings between Manila and Beijing as they push for joint exploration of the West Philippine Sea. In such arrangement, the Philippines and China ........»»

Category: newsSource:  rapplerRelated NewsOct 29th, 2018

China s Wang Yi inaugurates Chinese consulate in Davao

DAVAO CITY, Philippines – No less than China's highest-ranking diplomat, Chinese State Councilor and Foreign Minister Wang Yi, inaugurated the new Chinese consulate in Davao City on Sunday, October 28. Wang arrived in Davao City at 2:45 pm on Sunday, for a two-day trip that includes meetings with ........»»

Category: newsSource:  rapplerRelated NewsOct 28th, 2018

NBA Asia Managing Director Levy: We don t take the Pinoy fanbase lightly

The Philippines is unique, among the countries Scott Levy, NBA Asia Managing Director, handles. Tasked to oversee the development and expansion of the NBA's strategic initiatives in Asia (with the exception of Greater China and India), the Philippines is a different situation for Levy, compared to say, Thailand, or Malaysia. Unlike other countries in the region, basketball is well-engrained in the local Philippine culture, as is the NBA. In that regard, the job is easy. But diehard fans, and this country is full of diehard NBA fans, want different things, and want much more of it. And Levy and the rest of the NBA Asia office know it's important to keep them happy. Speaking to reporters as part of a roundtable Q&A session, Levy admitted that satisfying Philippine demand continues to be the biggest challenge. Citing the league's local TV partners, which include ABS-CBN, Solar, and FOX, as well as the implementation of League Pass via mobile companies Smart and Globe, Levy said, "We want to make sure that there are enough games, and that there are enough outlets [to get those games], that people can continue to interact and really get to know [the NBA] beyond maybe what the scores are. "We want to bring more players here, bring the real experiences. So we bring NBA players during the year, we bring NBA legends (the league directly brings around 3-4 players and legends to the country each year), we have dance teams, we have mascots [so that] people can get very close to the game." This differs very much from other countries in Asia. Whereas in other countries, NBA Asia devotes resources to growing the game, often teaming up with local governments' sports ministries, there's no need to teach the basics here. "That just means we take a higher level approach to coaching and make sure that there's another step that they may [take]," said Levy, who cited the example of bringing in Fil-Am coach Erik Spoelstra of the Miami Heat into the Philippines to help impart higher-level coaching techniques. Because the country is further down the line in terms of hoops techniques, the league's Jr. NBA program which is presented in the Philippines by Alaska, has played a huge role in recent years. "Nearly two million kids have come through the program...to improve their skill level. Many of our players have moved on to play in the UAAP, in the NCAA. Some are now in the PBA. So we want to contribute to the existing strength of the basketball community here," Levy said. It hasn't always been smooth sailing though. Recently, ventures like the NBA Cafe and the NBA Stores in the Philippines saw their licenses expire and close. For Levy though, it's similar to the familiar "shoot your shot" maxim in hoops. "We're willing to try things and if they're successful, great, we'll continue them," he said. "But if we think there are better ways to engage, we'll do that." Levy added that while the physical stores may be gone, fans can still purchase NBA merch through NBAStore.com, and other places like Nike, Toby's and Titan. Levy also applauded how knowledgable local fans are with regards to players and teams. While it's often thought that a large chunk of Pinoy fans are Lakers fans, Levy said that when you look at the data, it's winning teams that are able to capture the attention of Filipinos, with the obvious exception of teams in areas with large Filipino communities, such as San Francisco and the Golden State Warriors. "For me, here in the Philippines, we don't have to do much more than just make sure the players and the teams are exposed, because Filipino fans understand great play, and they understand great players. And when teams win, or players do amazing things, they become popular here," he said.   Looking ahead to the future, Levy believes that mobile will still be the way to go, though with a caveat. "As the streaming speeds continue to improve...then we'll be able to deliver more content," Levy said. "We'll continue to adjust the delivery of our product as the speeds improve." He added that the league wants to look into more basketball mobile games, even locally or regionally developed ones, to help educate fans on players and give them more ways to interact. To sum it up, Levy once again reiterated that the Philippines is "incredibly important," to the Association. "It probably is the market with the highest fan affinity for basketball, and that's daunting. To satisfy everybody, that's a full-time job. "We don't take the fanbase here lightly. We are focused on making sure that everybody is happy with what they have available and we're listening for the things that we need to do better."   Without a doubt, that's music to the Philippine fans' ears. SIX SHOTS Here are six other topics Levy touched on during the interview: 1. On the Philippines hosting another NBA Global Games "The challenge with [the Global Games] is always, there's 15,000 people in that building, and there's a hundred million Filipinos that we're trying to engage around the NBA. So while the games are great, we are really spending our time figuring out how we can engage a hundred million Filipinos. "But it's always in consideration and hopefully at some point in the future, we'll be able to bring the game back here again." 2. On the impact of a full-Pinoy player making it in the NBA "That question has always perplexed me, because the fanbase here is so strong already. I mean clearly Jordan Clarkson is very popular here, but he's not the most popular NBA player [in the Philippines]. So would a Filipino player be the most popular player? If he was the best player in the NBA, he'd probably be the most popular player, but if he's not, I think Filipinos will follow that player, and will continue to follow the best players in the NBA because that's the expectation here in the Philippines - 'I'm looking for the best players and the best teams and that's who I want to follow.' "But [by] the number of people who are playing in this country, I think it's just a matter of time before we have multiple local Filipinos playing in the NBA. It's definitely going to happen. The game is getting better, the coaches are getting better, the level of talent in the PBA continues to go up, and there are more Filipino players coming to the US and playing in university [NCAA] so it's definitely going to happen." 3. On the passing of FIBA Secretary General Patrick Baumann "I personally knew Patrick and there was nobody that spent more time and energy and basically dedicated their life to the sport of basketball and had such a great impact on the sport of basketball around the world. It’s a tragic loss. Personally, I will miss Patrick and he worked very closely with NBA Commissioner Adam Silver and Deputy Commissioner Mark Tatum. They had just seen him in a FIBA conference in Xi’an, China a few days before and typically with Patrick he was off in Argentina in another basketball event. I mean, he just, he was tireless in his efforts and he had tremendous success and it’s a tremendous loss to the entire basketball community." 4. On the NBA expanding the game towards female fans in the Philippines. "[For the Jr. NBA PH program] our goal is always 50-50, boys-girls. We haven’t yet achieved that here in the Philippines but again, working closely with the schools, working with Alaska, working with SM...the percentage continues to increase. I'm not exactly sure what the [numbers are] last year, but it's still too low. "I think that’s why it’s a little bit of frustrating here. In countries like Thailand and Indonesia, where, well Thailand has more than 50 percent girls, and in Vietnam and Indonesia it’s over 40 percent right now. So, again, our goal is 50-50. This sport is gender neutral, we bring WNBA players into market, we’ve done that many times already and now we’re going into schools to really try to encourage young girls to play the game." 5. On giving tips to local leagues to become more successful "We’re not here to dictate how a league should be run. What we’re trying to do is understand where we can be helpful, if they’re looking for assistance in building an arena, we’re happy to help with that. If they’re looking [at] how to enhance ticket sales, how to expand the live in-arena experience. Whatever it is that they may ask for our assistance, we are here to help. We support local basketball in every way we can but we’re not being prescriptive in saying this is how you should run a league in the Philippines. There’s way more knowledge on the ground here in the country than we have about what’s successful here." 6. On sports stars from other leagues interacting with NBA players "Our players are incredible. They are global icons, they’re incredible on social media which continues to grow their fanbase….because our players are active on social and they’re interested, personally interested in fashion and technology and gaming, and music and they have relationships with Jay-Z and with Usher, with every other top performer and other athletes are also interested because they’re fans. So when we do an event in London, we get calls from players on Chelsea, and on Tottenham and on Liverpool and on Man U and say “Hey, we wanna come to the game because we wanna see these athletes play. "So, anytime there is an athlete that is a fan of the NBA we will look to engage them. We work with all other sports leagues and we’re also fans. Our players are fans. There’s an opportunity to go to Camp Nou in Barcelona, our players want to be there. So, this is more driven by the players, their personal interests in other sports and other athletes and luckily our athletes are generally pretty popular around the world, and we’ll encourage that engagement and facilitate some particularly social media moments where Neymar comes into the locker room and exchanges a jersey with Steph Curry. We had Ronaldinho wearing a Carmelo Anthony jersey, dribbling a basketball on his head. All these moments are really special for the crossover fans from one sport to another. But it’s really driven by our players’ personal interest or other athletes’ personal interest in basketball.".....»»

Category: sportsSource:  abscbnRelated NewsOct 25th, 2018

PAL ventures into Boracay ferry service

Flag carrier Philippine Airlines went out to sea with its latest business venture.   PAL, through wholly-owned subsidiary Mabuhay Maritime Express, launched on Tuesday a premium ferry service between Kalibo to Boracay Island, which will reopen to the public on Oct. 26.   With the launch, PAL hopes to extend its reach outside its traditional airline business.   Kalibo International Airport is a key gateway to Boracay Island since it can serve large commercial and chartered flights such as those coming from South Korea and China.   Before the launch of Mabuhay Maritime's service, a trip from Kalibo to Boracay would take over two hours and would i...Keep on reading: PAL ventures into Boracay ferry service.....»»

Category: newsSource:  inquirerRelated NewsOct 23rd, 2018

Oil firms roll back pump prices

Small oil players led another big time price rollback as the trade war between China and the US continued weigh on global crude prices. Source link link: Oil firms roll back pump prices.....»»

Category: newsSource:  manilainformerRelated NewsOct 21st, 2018