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Market closes flat; Globe drops

Market closes flat; Globe drops.....»»

Category: financeSource: thestandard thestandardNov 8th, 2018

Market closes flat; Alliance Select up

Market closes flat; Alliance Select up.....»»

Category: financeSource:  thestandardRelated NewsSep 17th, 2018

Market closes flat in mixed trading

Market closes flat in mixed trading Source link link: Market closes flat in mixed trading.....»»

Category: newsSource:  manilainformerRelated NewsSep 10th, 2018

Market closes flat; ICTSI climbs

Market closes flat; ICTSI climbs.....»»

Category: financeSource:  thestandardRelated NewsMay 12th, 2017

Stock market closes flat

Stock market closes flat.....»»

Category: financeSource:  thestandardRelated NewsMar 8th, 2017

Market closes flat; Cemex rises

Market closes flat; Cemex rises.....»»

Category: financeSource:  thestandardRelated NewsFeb 21st, 2017

Market closes flat; Shakey’s rises

Market closes flat; Shakey’s rises.....»»

Category: financeSource:  thestandardRelated NewsJan 16th, 2017

Stocks end flat as GDP growth slows

The stock market closed flat yesterday after the slower-than-expected third quarter economic growth of 6. 1 percent in the third quarter......»»

Category: financeSource:  philstarRelated NewsNov 8th, 2018

Gross international reserves level drops to $74.8 billion in Oct 2018

The country’s foreign exchange buffer thinned to its lowest level in more than seven years at $74.8 billion in October as the Bangko Sentral ng Pilipinas continued to smoothen the volatility in the foreign exchange market......»»

Category: financeSource:  philstarRelated NewsNov 7th, 2018

PSEi drops 1.82% on profit-taking

THE stock market retreated in early trading on Wednesday as investors were said to be selling positions while waiting for the third-quarter gross domestic product report due on Thursday. At...READ MORE The post PSEi drops 1.82% on profit-taking appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 7th, 2018

Philippines invites newcomer to transform its troubled telco sector

MANILA — Paying some of Asia’s highest telecom charges while suffering slow Internet and frequent dropped calls, Filipinos will expect better service once the government picks a new entrant to break a duopoly in a market worth $5.1 billion annually. Having warned Globe Telecom and rival Smart, owned by PLDT, two years ago that he would […] The post Philippines invites newcomer to transform its troubled telco sector appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsNov 6th, 2018

PBA: The story behind Phelps uber-limited LeBrons

Phoenix import Eugene Phelps is quite the player and character. He's a walking bucket, capable of scoring up to 50 points with an additional 20 rebounds or so. His nickname is El Destructor and wears P30,000 Gucci headbands to games while scoring 50. [Related: PBA: Phelps drops a cool 50 points in P30,000 headband] Yep, Phelps is quite the player and character. Recently, Phelps' character has been reflected in his footwear. El Destructor regularly wears heat on his feet and in the current 2018 PBA Governors' Cup, he's been spotted wearing gems like the Nike Kyrie 3 Mamba Mentality. However, the best shoe he pulled out so far has to be the special Nike LeBron 11 "2K14" which he wore for a couple of games in the season-ending joust. The flashy animal-printed shoe was releaed a couple of years back when LeBron James, then with the Miami Heat, graced the cover of the popular basketball video game. Limited to only 2,014 pairs, players had to earn milestones in-game in order to have a chance to purchase the shoes. Overall, about 80 hours was needed in order to complete all tasks. Asked about his uber-limited pair, Phelps told ABS-CBN Sports that he got his 2K14s off the secondary market. Considering he plays actual basketball, he probably didn't have much time playing simulated ball when he's out there doing the real thing. "2014 I think because LeBron was on the NBA [2K] cover. I collect shoes at home and then obviously on the court. I just like shoes," Phelps told ABS-CBN Sports. "I bought them off of eBay I think for like $350 (PHP 19,000) so I got lucky on those," he added. Phelps wears a size 14 and his size is currently listed at $400 (PHP 22,000) at StockX with the last sale going for $600 (P33,000). There's no size 14 listed at Flight Club but pairs at size 13 and 15 are both listed for $600 each. El Destructor certainly got lucky. He's been lucky on-court too while wearing his 2K14s and while he went 1-1 in them, he dropped his second 50-ball this conference while rocking his royal pair. He was supposed to wear them again Wednesday but he took them off. He struggled for only 18 points after he switched to an older pair of Hyperdunks. "First time I wore them I had 50. And then the second time I had 37. But the gym it felt weird, it kept on slipping in the first half so I had to switch them up," Phelps said. A sneakerhead through and through, Phelps is not afraid to wear prized pairs on court. El Destructor mentioned that he once destroyed a pair of Nike Kobe 6 "Grinch" on court and he had to prematurely retire them. The original Kobe Grinch of course, is widely regarded as the best Kobe release from Nike of all time. Those go for anywhere from $900 (PHP 49,500) to over $1,000 (PHP 55,000) in Phelps' size. "My favorites? I played with the Grinches, the Kobe Grinches my first game but they ripped. So I had to throw those away," Phelps said. "I just threw them in my closet because the whole sole is ripped. But I guess I can get them fixed and glued. But if I get them glued obviously I won't play in them again because they might rip again. I'll probably clean them, get them glued together, and walk in them or something," he added. With Phoenix in the playoffs and targeting a breakthrough semifinals appearance in the PBA, Phelps is looking forward to wearing more heat on court. It would be best to start paying attention. "I'll probably get some Kyries or Jordans for the semis [if we make it] but my size is kinda hard to find out here [in Manila]. So probably I'll buy from home and get them shipped. I'll look online to see what I can find. If I can find some heat, I'll get some heat for sure," he said. "I'll probably have some more heat for y'all if we go to the semis. I got heat for y'all," Phelps added.   --- Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsOct 25th, 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

Melco drops plant to delist shares from stock market

Melco drops plant to delist shares from stock market.....»»

Category: financeSource:  thestandardRelated NewsOct 19th, 2018

Stocks end nearly flat on lack of market catalysts

The Philippine Stock Exchange index (PSEi) closed flat yesterday as investors continued to wait for market-moving catalysts......»»

Category: financeSource:  philstarRelated NewsOct 19th, 2018

PSEi drops to 6,900 on US-Saudi tensions

THE stock market fell back to the 6,900 level on Monday as investor sentiment was dented by political tensions between the United States and Saudi Arabia. The benchmark Philippine Stock Exchange index (PSEi) traded most of the day in the green before falling by 1.12 percent or 78.26 points to close at 6,926.51. The broader [...] The post PSEi drops to 6,900 on US-Saudi tensions appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 15th, 2018

Foreign funds still leaving PH stock market

The local stock barometer was flat on Friday as foreign outflows continued even as the latest September inflation report was not as bad as initially feared. The main-share Philippine Stock Exchange.....»»

Category: newsSource:  philippinetimesRelated NewsOct 7th, 2018

Stock market drops as inflation hits 6.7%

THE stock market fell for a second day on Friday, but the drop was not as steep as the previous day even as the government reported that inflation hit a new nine-year high in September. The Philippine Stock Exchange index (PSEi) dropped by 0.21 percent or 15.14 points to close at 7,078.20, the lowest since [...] The post Stock market drops as inflation hits 6.7% appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 5th, 2018

Index ends flat on lackluster trades

The Philippine stock market closed nearly flat yesterday, with the index ending 15.14 points lower, or 0.21 points, at 7,078.20......»»

Category: financeSource:  philstarRelated NewsOct 5th, 2018

2 bedroom Condominium For Sale in Little Baguio for 108,000 – Web reference 113221281 – Property for sale Philippines : Property24

Handog promo ng empire east! *5% DISCOUNT SAVE UP TO 500K *FREE FLAT TV *FREE AIRCON *FREE GC For fast transaction, Call or text: O9260573159 (Globe, Viber) O9475537455 (Smart) Little Baguio Terraces N. Domingo St. San Juan City Little Baguio Terraces Developer: Empire East/Megaworld Payment Terms (Vat inclusives) “Ready for Occupancy” 10% minimum Downpayment to… link: 2 bedroom Condominium For Sale in Little Baguio for 108,000 – Web reference 113221281 – Property for sale Philippines : Property24.....»»

Category: newsSource:  manilainformerRelated NewsOct 1st, 2018

Market down again; MPIC drops

Market down again; MPIC drops Source link link: Market down again; MPIC drops.....»»

Category: newsSource:  manilainformerRelated NewsSep 27th, 2018