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Category: newsSource: mindanews mindanewsApr 12th, 2018

What do we expect from Kobe Paras in 2018 Filoil joust?

Now that he's back, everyone is curious to see how Kobe Paras plays on the floor. People don't have to wait long though as the high-flying combo guard is set to lead Gilas Pilipinas' campaign in the upcoming 2018 Filoil Flying V Premier Preseason Cup. The national team's opening assignment is already this Saturday against UAAP champion Ateneo de Manila University. According to coach Jong Uichico, who handled Paras in the 2017 SEA Games where Gilas won gold, Kobe is more than ready to go in 2018. "We know naman that he's gifted di ba? He can jump, he can shoot, he can put the ball on the floor," he said.  "He's still young pa naman so for sure that his maturity will come in time. But yung sipag niya, yung aggressiveness nandiyan. And that's one part of it already," Uichico added. And while Kobe is one of the tallest members of the cadet crew at 6'6", don't expect him to man the paint all that much in the Filoil joust. Winning the preseason tournament is not the main priority, it's adding to the team's experience that can be used in international tournaments. That means Kobe should play as if he's playing China, or Iran, or South Korea. "He can play any position but syempre we're looking at him not only for a local tournament eh. We're looking at international tournaments, kung saan siya makaka-fit, which is really the 2 or the 3 spot," Uichico said of Kobe. "Yes he might be good at the 4 spot but come international time he'll be too small at the 4 spot. We're really trying to look at him at the 2 or the 3 para sa international he'll be of use for the team," he added.     --- Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsApr 18th, 2018

Boracay folk, groups to hold caravan vs closure

      KALIBO, Aklan - Various groups and individuals opposing the closure of Boracay Island will hold a protest caravan on Thursday. The #NoToBoracayClosure! #DefendLivelihood! Coalition will lead the 71-kilometer caravan from the capital town of Kalibo in Aklan to Barangay Caticlan in Malay town, the jump off point to Boracay Island. The coalition which includes religious leaders, transport groups, professionals, small business operators and militant organizations, while supporting the environmental rehabilitation of Boracay, are opposing the closure of the island because of its massive impact on the livelihood of tens of thousands of residents, workers...Keep on reading: Boracay folk, groups to hold caravan vs closure.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2018

PetroEnergy profit up 44% to $8.5 million in 2017

PetroEnergy Resources Corp. of the Yuchengco Group booked a 44-percent jump in net earnings last year mainly due to higher electricity sales from its renewable energy investments......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2018

Cagayan Valley champ aims to break personal record in Palarong Pambansa 2018

ILOCOS SUR, Philippines- Algin Gomez, 17, came to Palarong Pambansa 2018 with a mission to break his current personal record in the triple jump for secondary boys. Gomez, a native of Aparri town in Cagayan province, already secured a gold medal for his long jump, one gold of keeping his ........»»

Category: newsSource:  rapplerRelated NewsApr 18th, 2018

TRAIN review urged for consumers’ sake

FOLLOWING a series of discussions with urban poor communities, Senator Bam Aquino reiterated the need to review the Tax Reform for Acceleration and Inclusion (TRAIN) Act, saying families are struggling with the considerable jump in prices of goods and services. “Marami nang dumadaing at naaalarma sa mataas na presyo ng….....»»

Category: newsSource:  journalRelated NewsApr 17th, 2018

PetroEnergy earnings jump to $3.79 million

PETROENERGY Resources Corp. (PERC) reported its net income attributable to equity holders more than doubled to $3.79 million in 2017, from $1.77 million previously, as a result of higher electricity sales. “Our 2017 financial performance shows PERC’s growth-driven direction, credited mainly to the efficiency and reliability of our RE (renewable energy) power plant operations. And […] The post PetroEnergy earnings jump to $3.79 million appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 17th, 2018

Harden scores 44 points, Rockets beat Wolves 104-101

By Kristie Rieken, Associated Press HOUSTON (AP) — James Harden scored 44 points and powered a big fourth-quarter run that allowed the Houston Rockets to outlast the Minnesota Timberwolves 104-101 on Sunday night (Monday, PHL time) in Game 1 of the first-round playoff series. Minnesota scored four straight points to get within three with about 30 seconds left. Chris Paul added two free throws after that for Houston, but a tip-in by Karl-Anthony Towns got Minnesota back within three. After a bad pass by Paul gave the Timberwolves a chance to tie it with 1.5 seconds left, Jimmy Butler's shot was short. The Timberwolves had a one-point lead with about seven minutes left when Houston used a 9-0 run, with the last seven points from Harden, to make it 94-86 with about four minutes to go. Harden, who also had a steal in that span, capped the run with a three-pointer that prompted Minnesota coach Tom Thibodeau to call a timeout. Jeff Teague ended Minnesota's scoring drought with two free throws after the timeout and added a three-point play after a basket by Harden. Harden made another shot to give him 11 straight points for Houston before another basket by Teague. Harden got Capela in on the scoring after that, finding him for an alley-oop that pushed the lead to 101-93 with less than three minutes left. The top-seeded Rockets had their hands full with the No. 8 Timberwolves on a night where Houston made just 10-of-37 three-pointers. Harden made 7-of-12 three-pointers, but Trevor Ariza, P.J. Tucker, Eric Gordon and Paul combined to make just three of their 22 tries. Houston kept All-Star big man Towns in check, limiting him to just eight points after he'd averaged 21.3 in leading the Wolves to their first playoff appearance since 2014. Andrew Wiggins scored 18 points to lead Minnesota. The Wolves scored the first nine points of the second half to take a 56-54 lead. Tucker made a triple for the Rockets after that, but Minnesota used a 6-1 spurt, with three's from Wiggins and Teague, to go back on top 62-58. The Rockets had managed just six points in the quarter when Gerald Green made a basket with to cut the lead to one with about five minutes left in the third. Derrick Rose added a bucket seconds later, but Houston scored six straight points after that to put Houston up 68-65. Harden got things going when he made a three-pointer while being fouled by Rose and also made the free throw. Minnesota led by a basket after a jump shot by Towns with about two minutes left in the quarter. Harden took over after that, scoring the last six points of the quarter to leave Houston up 76-72 entering the fourth. Harden hit a three-pointer before making a driving layup he was fouled on by Gorgui Dieng. Harden flexed each bicep twice while peering down at the muscles after the shot before making the free throw. The Rockets swept the regular-season series 4-0, winning by an average of 15.8 points a game and it looked like this one might be another blowout early as the Rockets raced out to a 17-6 lead behind 10 early points from Clint Capela. But the Timberwolves got going after that and had tied it up by late in the first quarter. The Rockets led 54-47 at halftime. TIP-INS Timberwolves: Butler, who led the team by averaging 22.2 points in the regular season, finished with 13 points. ... The Wolves made 8-of-23 three-point attempts. ... Towns had 12 rebounds and two assists. Rockets: Ryan Anderson missed the game with a sprained left ankle. Coach Mike D'Antoni said there was a chance he could return for Game 2, but that he would know more in the next couple of days. ... Capela had 20 points and 10 rebounds at halftime, but was limited in the second half and added just four more points and two rebounds. UP NEXT Game 2 is Wednesday night (Thursday, PHL time) in Houston......»»

Category: sportsSource:  abscbnRelated NewsApr 16th, 2018

SFA Semicon Philippines net income plunges in 2017

SFA SEMICON Philippines Corp. (SSPC) reported its net income plunged by 71% to $1.83 million in 2017, amid stiff competition and higher costs. In a statement, the local arm of one of Samsung Electronics Co. Ltd.’s South Korean suppliers said its profit was hurt by a 29% jump in cost of sales to $201.07 million. […] The post SFA Semicon Philippines net income plunges in 2017 appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 15th, 2018

Warriors re-introduce themselves in rout of Spurs

By Shaun Powell, NBA.com OAKLAND, CALIF. — It is generally accepted that the Warriors will perspire some, feel a degree of burn in their lungs, receive an urgency slap in the face and get pushed toward the edge of their defending championship throne once they play a team from Texas. Just not this team from Texas. No, not the Spurs, at least that’s what the hunch and the outset of this first-round playoff series says. Common sense, too, wants to chime in and declare the Spurs without Kawhi Leonard are just standing in the way, albeit proudly, of the Warriors’ path to greater things in the post-season. And so, the long and antsy wait for the anticipated and projected Warriors vs. Houston Rockets showdown in the West began in earnest Saturday (Sunday, PHL time) when the Warriors breezed from jump ball to buzzer against San Antonio, and also torpedoed the notion that they’re somehow vulnerable (at least for now). The playoff tipoff was all about the Warriors re-establishing their muscle flex and their defense and most importantly, their aura, even with Steph Curry still out and ailing, because the rest of the NBA was watching. That’s what a 113-92 wipeout Game 1 win at Oracle Arena accomplished, if nothing else. The combination of the Spurs being overmatched and the Warriors needing to put on a more menacing face than what they showed the last month of the regular season delivered the predictable result: A smackdown. Or, as Spurs coach Gregg Popovich put it: “Got our ass kicked.” Too much Kevin Durant, the sneaky elevation of Andre Iguodala to the starting point guard spot, a JaVale McGee sighting and Klay Thompson getting swishy was exactly what the Warriors needed and received. Seriously, though: Anything less would’ve been a big surprise. The Warriors couldn’t afford to stay locked into the season-ending fog that turned coach Steve Kerr’s hair a lighter shade of gray and created the perception of a fat, too-satisfied winner of two championships in three years. Most likely, they were merely victims of human nature: While going 7-10 down the stretch, the Warriors simply grew bored with the meaningless late season, especially once Curry hurt his knee on March 23 (Mar. 24, PHL time). Seriously, what was left to accomplish, other than to stay healthy? This team was created and molded for the sole purpose of winning in June, not for placing importance on, say, drop-kicking the Sacramento Kings on April Fools. “We’re a championship ballclub and we know what it takes to win this time of year,” said Draymond Green, applying the perspective. “You heard, 'The Warriors lost it, they’re not together, they’re not the same team without Steph, blase, blase, blase, blah blah blah.' Well, we know what we’re capable of. There have been series where we’ve won without Kevin, without myself, without our head coach. A lot of people forgot.” In case you’re one of the people Draymond was referring to, here’s a refresher course, courtesy of Game 1: Durant is very long and tough to defend, Thompson usually doesn’t miss when he has three feet of separation from his defender, Iggy always earns his fat paycheck in springtime, and as for McGee? “He’s very tall,” said Kerr. Actually, Kerr wasn’t purposely trying to troll his starting center, just stating the obvious when it comes to defending Spurs leading scorer LaMarcus Aldridge. McGee brings four more inches and therefore made it tough for Aldridge, who managed only 14 points and was mainly a ghost. With Aldridge on lockdown, the Warriors’ D had accomplished its main mission, because the Spurs lack a secondary source of punch. What, is Rudy Gay going to turn back the clock? Manu Ginobili? Tony Parker? Because that’s what needs to happen for San Antonio. Without it, well, unfortunately for the Spurs, Kawhi isn’t limping through that door. What irritated Kerr was how the Warriors dialed down their defensive intensity in the weeks leading into the playoffs. They spotted 126 points each to the Pelicans and Pacers, and in the season finale did a complete no-show, getting spanked by 40 courtesy of Utah. Remember, the Warriors constantly ranked among the better defensive teams during their multiple runs to the NBA Finals. As coaches tend to do in these matters, Kerr jeopardized his vocal chords a few times while trying to get the message across in the disinterested locker room. But deep down, did anyone buy the notion of the Warriors suddenly forgetting how to play defense? With the second-best record in the West secured, and first place conceded to Houston, weren’t they just tapping their toes until the first round? Is that such a crime? Wouldn’t that be understandable, and wise on some levels, given the risk of something bad happening to a hamstring? Anyway, Kerr barely uncrossed his legs on the bench Saturday (Sunday, PHL time); no need to scold a team that held the Spurs to 40 percent shooting and claimed the rebounding edge by 21 and never felt threatened. “We finally got back to defending,” said Kerr. He made sure of that, by inserting Iguodala, his best all-around defender, into the starting lineup and also using McGee extensively instead of Zaza Pachulia. Iggy spread his limbs all over the floor, guarding bigs and smalls, switching on the screen and generally being a pest to the other team, as he generally is this time of year. “I just wanted to put our best defensive lineup on the floor from the beginning,” he explained. “The last month or so our defense had been subpar. You can’t win in this league unless you defend. You could feel the intensity right from the start. We set a good tone.” To be fair, the awakening of the Warriors’ defense will receive a more accurate measure if and when they advance beyond the Spurs and face, for example, the Blazers with Damian Lillard and CJ McCollum and of course the turbocharged Rockets with James Harden and Chris Paul and all those three-point slingers. But until then, wrapping up the Spurs will serve as necessary preparation. Less worry was the Warriors on the other end of the floor, where Durant assumed the lead and took 17 shots, scoring 24 points. More efficient was Thompson, who missed only twice in 13 shots and finished with 27 points. All of this was necessary with Curry not expected back for the first round; he just received the green light to press the accelerator during rehab and begin lateral movements. If the Warriors, a top-10 team in both offensive and defensive efficiency, continue to get this kind of killer balance, there’ll be some long nights upcoming for the Spurs and a quick series as well. “We were not as ready to face a team like them,” said Ginobili. “They were much better than us. Klay got away from us many times. Overall, they were so much better in every aspect that we had no shot. We’ve got to regroup, feel hurt and desperate, got to be smarter … We understand we’re not favorites. We’re underdogs. To get a win here we’ve got to overachieve. We got to do better than we can.” It’s too bad that the Kawhi Situation continues to follow the Spurs like a dark cloud. He remains stymied by a quad injury that apparently hasn’t healed enough for his liking. The Spurs with Kawhi and the Warriors without Curry would tip the scales in this series toward being somewhat level, or at least invite some suspense. Without Kawhi, the Spurs are shooting spitballs at a tank. Guts and hard work and good coaching can only go so far against the suddenly-refocused and playoff-locked Warriors. So, yes, the Warriors set out to re-introduce themselves and did so Saturday (Sunday, PHL time). “We want to make a statement in Game 2 as well,” said Thompson. “We hobbled to the playoffs but we know how good we are and what it takes in the post season to win. When our intensity and focus are high, we’re tough to beat.” Well, tough for one team in Texas. We’ll see about the other soon enough. Veteran NBA writer Shaun Powell has worked for newspapers and other publications for more than 25 years. You can e-mail him here or 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 NewsApr 15th, 2018

LBC Express revives follow-on offering

LBC Express Holdings, Inc. has moved to jump-start anew a long-delayed plan to undertake a follow-on offering to fund its expansion program. LBC said in a disclosure to the stock exchange on Thursday it approved the re-filing with the Securities and Exchange Commission (SEC) of the registration statement in relation to its proposed share sale. […] The post LBC Express revives follow-on offering appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 13th, 2018

Jump!

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Category: newsSource:  mindanewsRelated NewsApr 12th, 2018

Solid airport revenues boost Megawide’s 2017 profit

DIVERSIFIED engineering and infrastructure company Megawide Construction Corp. saw its attributable profit jump by 14% in 2017, driven by the strong performance of its construction and airport operations. In a regulatory filing, Megawide said its net income attributable to the parent rose to P1.78 billion last year from P1.56 billion in 2016. Attributable profit is […] The post Solid airport revenues boost Megawide’s 2017 profit appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 11th, 2018

Budget shortfall hits P61.7b, as expenditures jump 37%

Budget shortfall hits P61.7b, as expenditures jump 37% Source link link: Budget shortfall hits P61.7b, as expenditures jump 37%.....»»

Category: newsSource:  manilainformerRelated NewsApr 11th, 2018

Greener pastures for Filipinos in Canada as mushroom pickers? Not quite.

News reports about Canada offering P150,000 monthly to workers in the agriculture sector went viral on social media and Filipinos were quick to jump on the possibility of greener pastures. But could this job be too good to be true? According to the report, Canada is looking for mushroom pickers, oyster harvesters and butchers. While […].....»»

Category: newsSource:  interaksyonRelated NewsApr 10th, 2018

Uber to acquire self-service bicycle firm

Ridesharing giant Uber is set to take over Jump Bikes, a bike-sharing startup offering dockless electric bicycles, both United States firms announced Monday. Jump and Uber were previously partners and 250 red bikes --- which could be picked up or dropped off anywhere using built-in GPS --- have been available through the Uber app in west San Francisco since the start of the year. The pilot got off to a "very strong start, with riders enjoying a convenient and environmentally friendly way to cruise up and down our trademark hills," Uber CEO Dara Khosrowshahi said in a blog post, without disclosing the terms of the takeover. "JUMP's CEO Ryan Rzepecki is an impressive...Keep on reading: Uber to acquire self-service bicycle firm.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2018

Greener pastures in Canada as mushroom picker? Not quite.

News reports about Canada offering P150,000 to workers in the agriculture sector went viral on social media and Filipinos were quick to jump on the possibility of greener pastures. But could this job be too good to be true? According to the report, Canada is looking for mushroom pickers, oyster harvesters and butchers. While there […].....»»

Category: newsSource:  interaksyonRelated NewsApr 9th, 2018

Top 2 seeds set in East and West; everything else TBD

By Tim Reynolds, Associated Press A look at where things stand in the NBA playoff picture, with five days remaining in the regular season: ___ EAST UPDATE The top two seeds are locked up: Toronto is No. 1 going into the Eastern Conference playoffs for the first time in franchise history, and Boston will open the playoffs as the No. 2 seed. Everything else is unclear. Philadelphia (49-30) now leads in the race for the No. 3 spot, passing Cleveland (49-31) by beating the Cavaliers 132-130 on Friday night (Saturday, PHL time). The 76ers, who haven’t been a top-three seed in the East since their run to the NBA Finals in 2001, would finish third if they end the season with wins against Dallas, Atlanta and Milwaukee. The Cavaliers have two games left, both against New York. So if Philly slips even once, Cleveland could return to No. 3 by sweeping the Knicks. Indiana (47-33) still has a chance at No. 3; to get there, the Pacers have to win out and have both the Cavaliers and 76ers lose out. That seems unlikely, and Indiana is probably heading for the No. 5 spot. Miami, even after a bad loss in New York, controls its fate in the race for No. 6. Milwaukee is No. 7 for now, and Washington — a loser of four straight, including a head-scratcher against Atlanta on Friday (Saturday, PHL time) — has slipped to No. 8. ___ WEST UPDATE Five days left, five spots left to clinch, and six seeds left to decide. A frantic finish is coming to the West. Portland controls the race for the No. 3 seed, and Utah knows that if it wins out the worst it can finish is No. 4 — which is astounding, considering it got off to a 19-28 start and was 10½ games out of the fourth spot. New Orleans (45-34) beat Phoenix to jump two spots to No. 5, and Minnesota (45-35) topped the Los Angeles Lakers to remain a half-game ahead of Denver for No. 8. Those two results mean four teams have exactly 45 wins going into Saturday (Sunday, PHL time), with Denver currently at 44 wins and the Los Angeles Clippers still able to get to 45 if they win out. ___ SUNDAY’S GAMES Some clarity might ... finally ... come to the West. — Denver at L.A. Clippers: The Clippers have to win out, or the season ends. Denver must try to match that desperation. — Milwaukee at New York: Milwaukee is 10-12 since the All-Star break. Some momentum might help the playoff cause. — Oklahoma City at Houston: Means nothing to Rockets. Means plenty to Thunder, who still could get home-court. — New Orleans at Golden State: The Warriors embarrassed themselves at Indiana on Thursday (Friday, PHL time). Will this be more of the same? — Portland at San Antonio: The Spurs are trying for a 21st consecutive playoff spot, and the Blazers are trying to lock up the No. 3 seed. — Brooklyn at Chicago has no playoff implication. ___ CURRENT BRACKET First-round matchups if the season ended Friday ... East: 1-Toronto vs. 8-Washington, 2-Boston vs. 7-Milwaukee, 3-Philadelphia vs. 6-Miami, 4-Cleveland vs. 5-Indiana. West: 1-Houston vs. 8-Minnesota, 2-Golden State vs. 7-Oklahoma City, 3-Portland vs. 6-San Antonio, 4-Utah vs. 5-New Orleans. ___ NOTE OF THE DAY Philadelphia has a chance to set an NBA record — the longest winning streak to end a regular season. The 76ers have won 13 straight and have three games left. Win them all, and they would top the 15-game season-ending stretch by the Rochester Royals in 1949-50. The last double-digit streak to end a season was posted by San Antonio in 2011-12, when the Spurs won their final 10 games. Philly coach Brett Brown was an assistant under Gregg Popovich on that Spurs team. ___ QUOTE OF THE DAY “You’ve got to go through whoever it is anyway.” — Cleveland coach Tyronn Lue, asked about the Eastern Conference seeding jumble......»»

Category: sportsSource:  abscbnRelated NewsApr 7th, 2018

Strong Q4 sales boost Philippine Seven profit

THE Philippine licensee of the 7-Eleven chain of convenience stores relied on the strength of a strong fourth-quarter performance to turn in a double-digit growth in earnings last year. Philippine Seven Corp. (PSC) reported a 12.1% jump in net income to P1.32 billion last year from P1.18 billion in 2016, according to a disclosure to […] The post Strong Q4 sales boost Philippine Seven profit appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 4th, 2018

US auto sales spring to life in March

The American consumer returned in force to automobile showrooms in March, lifting an industry that had been plodding along in a post-sales boom hangover. The biggest players in the North American market reported gains Tuesday --- some eye-popping---compared to March 2017. General Motors was up an unusually high 16 percent, followed by Fiat Chrysler's 14 percent sales jump. Ford rose 3.4 percent and Toyota gained 3.5 percent. Analysts expect the industry as a whole to report a two-to-three percent sales rise. German auto giant Volkswagen, while a relatively small player in the North American market, reported a stunning 17.8 percent sales rise --- signaling a cont...Keep on reading: US auto sales spring to life in March.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2018

Singapore home prices post biggest jump in almost 8 years

SINGAPORE PRIVATE home prices surged the most since 2010 as the property market staged a recovery from a four-year slump. An index tracking private residential prices jumped 3.1% in the three months ended March 31, according to a flash estimate from the Urban Redevelopment Authority, building on a 0.8% gain the previous quarter. That’s the […] The post Singapore home prices post biggest jump in almost 8 years appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 2nd, 2018