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MIAA records its ‘highest’ remittance to national coffers at P3.42B in 2018

THE Manila International Airport Authority (MIAA) has remitted P3.42 billion in dividends to the national government following its “record-breaking” fiscal performance in 2018, the MIAA said on Tuesday. “Last year’s…READ The post MIAA records its ‘highest’ remittance to national coffers at P3.42B in 2018 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 21st, 2019

PPA remits record P9.41-B in dividends, taxes for 2018

THE PHILIPPINE PORTS Authority (PPA) continues its strong fiscal performance, as it remitted P3.51 billion in dividends to the national […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsMay 19th, 2019

For US men, Gold Cup finally brings chance for revival

By Dave Campbell, Associated Press BLAINE, Minn. (AP) — The overarching goal for the fledgling U.S. men's soccer team, as frequently stated by new coach Gregg Berhalter, has been to improve the perception of this sputtering program within the cutthroat hierarchy of global soccer. Though a strong performance in the CONCACAF Gold Cup probably won't move the needle much, the Americans surely would benefit, simply, from winning. Their opening game against Guyana on Tuesday night at Allianz Field in St. Paul, the new home of Major League Soccer's Minnesota United, will mark the first competitive match for the U.S. since the infamous defeat at Trinidad and Tobago on Oct. 10, 2017, that kept the team for qualifying for the 2018 World Cup. It follows a stretch of 18 consecutive friendlies. "There will be some nerves, but for us it's just about continuing to make progress throughout this tournament," Berhalter said last week after a training session at the National Sports Center in Blaine, a suburb of Minneapolis. "I think part of our profession is playing under pressure, playing in big events, and this is a great opportunity for us to learn." The 20-month gap between competitive games is the longest for the Americans since a 38-month span following a loss to Costa Rica on May 31, 1985, their final qualifier for the 1986 World Cup. Their next match that counted was a draw at Jamaica on July 24, 1988, their first qualifier for the 1990 World Cup. The U.S. won the biennial Gold Cup in 2017, a sixth title in 14 editions of the championship of North and Central America and the Caribbean. Mexico, the clear favorite, has won seven such crowns. Before any mental energy can be spent on assessing the ability to compete with their border rival to the south, though, the Americans, who are ranked 30th in the world, must advance from the group stage. On the surface, Panama (75th), Trinidad and Tobago (92nd) and Guyana (177th) don't appear to be daunting competition, but the way the U.S. team played this month in exhibition losses to Jamaica (1-0) and Venezuela (3-0) there will be no guarantees of automatic wins. The Americans are missing injured players DeAndre Yedlin, John Brooks and Tyler Adams, all first-choice starters. "If it doesn't go well you can just feel that more pressure is going to build, more questions will be asked, more scrutiny will be on Berhalter and the federation, and the outside noise is only going to get louder," said former U.S. midfielder Stu Holden, now a Fox analyst. "That's why it's really important that this team has a really good showing in this tournament." With the U.S. women leading their side of the world rankings and off to a dominant start this month in France at the Women's World Cup , the men's team won't be able to avoid the comparison game. The Americans can't mute the fan angst that has followed them for nearly two years, either, but they can at least take a meaningful step forward in the Berhalter era by displaying some potential within the pressing, possession-prioritized style he has rolled out . "We want to progress. Of course that also means winning the games, but we want to develop our style," midfielder Weston McKennie said. "Our goal is to make people see U.S. Soccer as something different as what they see now, probably." McKennie is one of the 20-year-old up-and-comers the program has staked itself to in the quest to not only return to the World Cup in 2022 but do some damage on the sport's biggest stage. The other, of course, is Christian Pulisic , who is joining English Premier League power Chelsea from Germany's Borussia Dortmund for a $73 million transfer fee. That is a record price for an American player. Veterans of the national side like Jozy Altidore and Michael Bradley are still around, among just six holdovers from the roster that went to Trinidad. They are joined by Pulisic, defenders Omar Gonzalez and Tim Ream, and forward Paul Arriola on what has become a youngster's team. Getting this team in sync, socially and psychologically, might be just as important of a task for Berhalter as with the technical implementation of his system. "In warmups, they have to give each other high-fives," Berhalter said. "We do team events off the field, like going to movies together and going to restaurants together. I think that's really important to build that team chemistry." Now more than ever. "Everyone right now outside has their opinions about us, and the past couple of games, and that's perfectly fine," forward Paul Arriola said. "For us the message stays the game, and it's staying together as a team. That's how you're going to win an international tournament.".....»»

Category: sportsSource:  abscbnRelated NewsJun 18th, 2019

Diaz receives one of the highest allowances -- PSC

Mixed reactions poured over the social media posting of Rio Olympics silver medalist Hidilyn Diaz after she sought financial support for her 2020 Tokyo Olympics gold medal bid.    “The government has been very supportive," declared Philippine Sports Commission Chairman Butch Ramirez replying to questions about the government’s supposed lack of support to Diaz.   Ramirez explained that Diaz receives one of the highest allowances in the national pool and whose requirements are rarely turned down by the Board, which has steadily backed her Olympic journey.     For this year alone, the PSC has given almost P4.5 million to fund her foreign trainings in Hainan and Guangxi in China. The agency is also paying her foreign coach Julius Kaiwen Gao’s monthly salary and food allowance. Her NSA’s request for funding for competitions was also approved. A new weightlifting gym has just been constructed in the RMSC after she called attention to the old gym they were using.    “Hidilyn receives support from the PSC and the Philippine Air Force being an enlisted personnel,” clarified Ramirez highlighting the government’s support for Diaz.   The Chairman also intimated that as far as they know, Diaz receives support from private companies like the MVP Foundation and Alcantara and Sons.   It would be recalled that after her Olympic windfall, she also received P3 million in total from the government incentives act, RA 10699, for her silver and gold finishes in the 2017 Asian Indoor and Martial Arts Games and the 2018 Asian Games respectively......»»

Category: sportsSource:  abscbnRelated NewsJun 4th, 2019

CAAP Remits P3.5-B Dividend to Nat’l Gov’t

The Civil Aviation Authority of the Philippines (CAAP) on Tuesday announced that it has remitted PHP3.5 billion in dividends to the national government for 2018, the highest in its history. In an interview with the Philippine News Agency (PNA), CAAP spokesperson Eric Apolonio explained that the increase in CAAP’s income was due to several factors. […].....»»

Category: newsSource:  metrocebuRelated NewsJun 3rd, 2019

Gov’t swings to surplus in April as spending slows on 2019 budget delay

UNDERSPENDING due to the delayed passage of the 2019 national budget caused the government’s fiscal position to swing to a surplus in April, the Bureau of the Treasury (BTr) reported on Friday......»»

Category: newsSource:  bworldonlineRelated NewsMay 24th, 2019

PBA: Help is on the way for NLEX

After losing its 2019 PBA Commissioner’s Cup opener by 15 points, things might be a little rough for NLEX now, but help is on the way for the Road Warriors. Well, actually help is already here. He’s just waiting to be unleashed. Kiefer Ravena, NLEX’s no. 2 pick of the 2017 Draft, is about a month away from finally rejoining the Road Warriors officially. Ravena, suspended for 18 months by FIBA last year, can join NLEX in practice on June 24. He can suit up for the Road Warriors starting August 24. “Malapit na rin yun,” NLEX and national team head coach Yeng Guiao said of Kiefer’s eventual return. “Malaking epekto noon sa team namin. Namomroblema kami sa point guards, we’re looking for somebody who can anchor us in the point guard position,” he added. NLEX has a promising backcourt duo but it has been decimated in one form or another. Ravena is suspended and Kevin Alas just suffered a second ACL injury in as many years. Alas needs time to recover but Kiefer... well he’s just counting down the days. “Kailangan talaga si Kiefer, si Kevin malayo pa, matagal pa, next year pa yun,” Guiao said. “So our best chance really of improving our performance at the point guard position is Kiefer in about two month's time,” he added.   — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsMay 23rd, 2019

MIAA remits record high P3.42-billion dividends for 2018

The Manila International Airport Authority (MIAA) has remitted an all-time high of P3.42 billion in dividends to the national government for 2018, the agency send in a statement......»»

Category: financeSource:  philstarRelated NewsMay 22nd, 2019

MIAA remits P3.4B to national government

THE Manila International Airport Authority (MIAA) said it remitted P3.42 billion in dividends to the national government in 2018, fueled by the higher number of flights, passengers and additional concessions it had last year......»»

Category: financeSource:  bworldonlineRelated NewsMay 21st, 2019

DBM end-April releases slowed to P1.323T amid reenacted budget woes

The Department of Budget and Management has released only P1.323 trillion in funds during the first four months as the government operated under a reenacted 2018 national budget at the start of the ye.....»»

Category: newsSource:  philippinetimesRelated NewsMay 16th, 2019

PPA says strong port activity helped it generate P9.41 billion

THE Philippine Ports Authority (PPA) said it remitted a total of P9.41 billion in dividends and taxes to the national government in 2018, a record remittance fueled by strong revenue growth during the year......»»

Category: newsSource:  bworldonlineRelated NewsMay 16th, 2019

Pagcor remits record P16.17 B dividends

The Philippine Amusement and Gaming Corp. (PAGCOR) said yesterday it has remitted P16.17 billion in dividends to the national government for the year 2018, the highest ever given by the state-run firm since 2011......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2019

DILG says Mandaue still performing despite “did not meet” mark in seal of good local governance

MANDAUE CITY, Philippines—The Mandaue City Government has scored a “did not meet” remark in all seven performance areas based on the 2018 assessment of the Department of Interior and Local Government’s (DILG) Seal of Good Local Governance (SGLG). But DILG City Director Jao Lucero said this does not mean that Mandaue City has neglected its […] The post DILG says Mandaue still performing despite “did not meet” mark in seal of good local governance appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsApr 30th, 2019

Neri-Chaves Clan: A Tale of Southern Nobility

CAGAYAN DE ORO CITY, the crown jewel of Mindanao, is the country’s newest boom town, experiencing an accelerated level of modernization and real estate investments. Infrastructures such as hotels, malls and condominium towers are vigorously constructed one after the other to accommodate the influx of new residents and visitors to the city. Proof that, Cagayan de Oro as it is fondly called, had long since shed its small-town roots, to become the mega melting pot of pioneering entrepreneurs and upwardly mobile young professionals that it is today. Apart from the perks and comforts of living in a highly urbanized city, people who call Cagayan de Oro home also bask in its rich and colorful history that dates back to pre-colonial times. One clan in particular has been a prominent figure in the city’s enduring saga and cultural evolution. The Neri-Chaves family are descendants of a strong-willed Rajah whose resoluteness drove him to seek out dominions beyond his stronghold’s fertile terrains in Lanao province. The Malay prince, whose name was Samporna, or Sanskrit for ‘perfect’, decided to invade Cagayan or Kalambagohan as it was then known. Excerpts from the writings of the Neri-Chaves family historian, Filomeno M. Bautista, recounted how a potential bloody struggle was averted, when the then chief of Kalambagohan, Datu Bagani, sent his beautiful daughter guarded by his bravest warriors to meet Rajah Samporna. She was to initiate the conditional surrender, so that their people would not be enslaved by the invaders. It was told that the Rajah, captivated by Datu Bagani’s daughter, ended up marrying her. The prince also built a fortress around their village in Kalambagohan to protect them from other conquistadores. Rajah Samporna later succeeded the Datu as ruler of Cagayan. He also converted from Islam to Christianity to solidify his devotion to his wife’s religion, and in 1779 was baptized by a Spanish priest with a peculiarly Italian name, Neri. It ushered an era of peace in Mindanao, when Muslims lived harmoniously with Christians. The Neris intermarrying with the Chaveses of Cagayan was perhaps providential as it produced one of the most enduring clans in the country. Today, the Neri-Chaves clan is many thousand strong. Well-known lawyer and congressman Rufus Bautista Rodriguez attributes the successes enjoyed by many family members throughout many generations to the tireless pursuit of life’s true purpose. “We are hardworking people. We are also fortunate to have had many individuals in the family who continue to inspire us, like Vice President Emmanuel Neri Pelaez and Ambassador Felino Neri”, Rodriguez said, adding in jest, “At mga gwapo, gwapa pa!” Most if not all of Cagayan de Oro’s earliest leaders, from Governors to Mayors, were members of the Neri-Chaves family. Some became pioneers in other fields like business, education and the arts, from Chief Justice Marcelo Fernan to musicologist and concert pianist Vilma May Chaves Cataylo. The clan has had three grand reunions, first in 1985, then in 1993, and the most recent one took place in August 2016 where hundreds of family members came together from all over the world to rekindle family ties. Jessica Dingcong, who spearheaded the recent reunion held at the Chaves family-owned Chali Beach and Mallberry Suites in Cagayan de Oro City, wants to inspire the next generation to carry on the legacy of benevolence and integrity of their forebears. “We should be proud that we are very family oriented,’ Dingcong said. In attendance at the grand reunion were the Neri-Cheves clan’s many young professionals and millennials. Sixth generation Neri-Chaves and journalist Alessandra Marie Chaves Jalandoni, who carries her nickname Apples professionally, admits feeling the pressure of belonging to a family of achievers. “We have some pretty big shoes to fill, so we soldier on, and never give up,,” Jalandoni said, adding that, “We have always been taught to do the right thing, and not just what looks good on paper.” Jalandoni’s maternal grandfather Engineer Camilo Vamenta Chaves was a World War II veteran and subsequently Dean at the family-owned Liceo de Cagayan University. Her mother Alma Marie Chaves Jalandoni is a pioneer in garments manufacturing and export in the Philippines. Current Social Security Services Commissioner Pompee La Viña will head the next Neri-Chaves grand reunion in 2018. La Viña is the son of Lourdes Chaves Maestrado La Viña who was the first woman elected to the City Council in Cagayan de Oro. His younger brother is former Ateneo School of Government dean and climate change lead negotiator Tony La Viña. Commissioner La Viña hopes to welcome many more family members to their tight-knit Mindanaon clan. “It roots us in Mindanao, the blood of Mindanao is running through us,” he said. La Viña also ponders on how leadership is ingrained in the members of the clan. After all they are descendants of a warrior prince. But the word is also taking on a new meaning as the Neris and Chaveses usher Mindanao to its most vibrant era. “We will always be leaders, we are simply inclined to lead,” La Viña maintained, “but to lead as serving the people rather than ruling them.” (By J. C. Bautista) &'160; 121&'160;total views, 121&'160;views today.....»»

Category: newsSource:  mindanaoexaminerRelated NewsJan 9th, 2017

Knighthoods for Murray and Farah in New Year's Honors List

LONDON (AP) — Andy Murray received a knighthood in Queen Elizabeth II's New Year's Honors list on Friday, recognition from the monarch for reaching the pinnacle of tennis by winning his second Wimbledon and Olympic titles on his way to topping the rankings. The 29-year-old Murray was previously named an Officer of the Order of the British Empire, or OBE, in 2012 after becoming Olympic champion for the first time. Joining Murray in being knighted in British sports is Mo Farah, who retained his 5,000- and 10,000-meter titles at the Rio de Janeiro Olympics in August, becoming the first British track and field athlete to win four Olympic gold medals. 'I'm so happy to be awarded this incredible honor from the country that has been my home since I moved here at the age of eight,' Farah said Friday. 'Looking back at the boy who arrived here from Somalia, not speaking any English, I could never have imagined where I would be today — it's a dream come true. 'I'm so proud to have had the opportunity to race for my country and win gold medals for the British people, who have been my biggest supporters throughout my career.' Lee Pearson, who won his 11th Paralympic gold in equestrian in Rio, was also knighted. He already held the MBE, OBE and CBE for services to equestrianism and to disabled sport. Damehoods went to heptathlete Jessica Ennis-Hill and rower Katherine Grainger, who both retired from competitive action following the Rio Olympics. Ennis-Hill added silver in Rio to her gold at London, as did Grainger, who came out of retirement to compete in the double sculls alongside Vicky Thornley. Knights are addressed as 'Sir' or 'Dame.' Recipients of the other honors have no title, but can put the letters after their names. The ranks for the Orders of the British Empire are Commander, Officer and Member, in descending order. Away from the Olympics, Wales manager Chris Coleman was awarded an OBE for steering his national football team into its first semifinal at the European Championship. Northern Ireland was eliminated by Wales at Euro 2016 in the round of 16 but its manager, Michael O'Neill, has been made a Member of the Order of the British Empire, or MBE. Britain's honors are bestowed by the monarch, but recipients are selected by committees of civil servants from nominations made by the government and the public. .....»»

Category: sportsSource:  abscbnRelated NewsDec 31st, 2016

Gov't bullish on fiscal performance

THE GOVERNMENT is confident of at least closing in on its fiscal program for this year as spending ramps up, the country’s Budget chief said late last week......»»

Category: newsSource:  bworldonlineRelated NewsNov 27th, 2016

Front Page: Gov't bullish on fiscal performance

THE GOVERNMENT is confident of at least closing in on its fiscal program for this year as spending ramps up, the country's Budget chief said late last week......»»

Category: financeSource:  bworldonlineRelated NewsNov 27th, 2016

Gov’t records P33-B budget surplus in August

The national government posted a record budget surplus for the month of August owing to the Duterte administration’s prudent spending and strong tax collections, the Department of Finance (DOF) said yesterday......»»

Category: newsSource:  mb.com.phRelated NewsOct 20th, 2016

Government debt metrics stable in Aug – BTr

MANILA, Philippines – Interest rates of national government debt remained stable in August despite  external uncertainties......»»

Category: financeSource:  philstarRelated NewsOct 15th, 2016

Government debt dips to P5.9 T

MANILA, Philippines - A stronger peso in August tempered the National Government’s (NG) debt burden in the first eight months, but this could prove to be jus.....»»

Category: financeSource:  philstarRelated NewsOct 1st, 2016