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OFW cash remittances start 2018 strong at $2.37 billion

MANILA, Philippines – Money sent home by overseas Filipino workers (OFWs) picked up where it left off last year by opening 2018 strong, according to the Bangko Sentral ng Pilipinas (BSP). BSP Governor Nestor Espenilla Jr announced on Thursday, March 15, that cash remittances, or remittances formally channeled through banks, ........»»

Category: newsSource: rappler rapplerMar 15th, 2018

Jan remittances post double-digit growth

Remittances posted a strong start to 2018 with Filipinos working abroad sending home a total of $2.65 billion in January, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday. The result was up 10.8 percent from a year earlier, central bank data showed, beating the 7.9-percent expansion seen in December when personal remittances hit a [...] The post Jan remittances post double-digit growth appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 16th, 2018

OFW remittances hit $2.35 billion in April 2018

MANILA, Philippines – Cash of overseas Filipino workers (OFWs) sent through banks stood at $2.35 billion in April 2018, according to Bangko Sentral ng Pilipinas (BSP) data released on Monday, June 18. The figure is 12.7% higher compared to the same month last year. However, it is 0.4% lower compared to ........»»

Category: newsSource:  rapplerRelated NewsJun 19th, 2018

2018 MLB preview: AL East

By The Associated Press Capsules of American League East teams, listed in order of finish last year: ___ Boston Red Sox 2017: 93-69, first place, lost to Houston in ALDS. Manager: Alex Cora (first season). He's Here: DH J.D. Martinez. He's Outta Here: Manager John Farrell, RHP Doug Fister, OF Chris Young, RHP Addison Reed, OF Rajai Davis, LHP Henry Owens, LHP Fernando Abad. Projected Lineup: RF Mookie Betts (.264, 24 HRs, 102 RBIs), LF Andrew Benintendi (.271, 20, 90), 1B Hanley Ramirez (.242, 23, 62) or Mitch Moreland (.246, 22, 79), DH J.D. Martinez (.303, 45, 104 with Tigers and Diamondbacks), 3B Rafael Devers (.284, 10, 30 in 58 games), SS Xander Bogaerts (.273, 10, 62), CF Jackie Bradley Jr. (.245, 17, 63), C Christian Vazquez (.290, 5, 32) or Sandy Leon (.225, 7, 39), 2B Eduardo Nunez (.313, 12, 58, 24 SBs with Giants and Red Sox) or Dustin Pedroia (.293, 7, 62, .369 OBP in 105 games, expected to be out until late May following knee surgery). Rotation: LH Chris Sale (17-8, 2.90 ERA, MLB-best 308 Ks, MLB-high 214 1/3 IP), LH David Price (6-3, 3.38, 11 starts, 5 relief appearances), RH Rick Porcello (11-17, 4.65), LH Drew Pomeranz (17-6, 3.32, expected to begin season on disabled list with strained left forearm), RH Hector Velazquez (3-1, 2.92) or RH Steven Wright (1-3, 8.25 in 5 starts) or LH Eduardo Rodriguez (6-7, 4.19). Key Relievers: RH Craig Kimbrel (5-0, 1.43, 35/39 saves), RH Carson Smith (0-0, 1.35, 1 save in 8 games), RH Matt Barnes (7-3, 3.88), RH Joe Kelly (4-1, 2.79), RH Tyler Thornburg (injured in 2017, expected to begin season on DL). Hot Spot: Starting Rotation. This group has the potential to be the strength of the team, with two Cy Young Award winners and four All-Stars to choose from. But other than Sale, it has been spotty. And in the four-game playoff loss to the eventual World Series champion Astros last year, the Red Sox didn't get a single quality start as the rotation totaled just 11 1/3 innings. The first four spots are spoken for, aside from the injury to Pomeranz. Among those competing with Velazquez for the fifth spot are Wright, Rodriguez and Brian Johnson. Wright, a knuckleballer and 2016 All-Star, had left knee surgery in May and missed the rest of the 2017 season. Rodriguez had major right knee surgery in October. It's possible neither will be ready for opening day, but both could be back by mid-April. Outlook: The Red Sox won 93 games last year for the second straight season and claimed the franchise's first back-to-back AL East titles. But Farrell was fired after they failed to advance in the playoffs for the fourth year in a row. The key — and really only — addition is Martinez, who gives them someone to replace longtime slugger David Ortiz after finishing last in the AL in homers without Big Papi in 2017. The theory behind Boston keeping up with the reloaded New York Yankees goes something like this: A full season of a healthy Price will bolster a rotation that already has a quality ace in Sale, plus 2016 AL Cy Young Award winner Porcello and All-Stars Pomeranz and Wright. The Red Sox also are staking their chances on the hope that Ramirez can be more like the player he was in 2016 (.286, 30, 111); that Pedroia will return quickly and be healthy and productive; that 20-year-old third baseman Devers will be able to stay up for a full season; and that Bradley won't have another second-half slump. The bullpen, anchored by Kimbrel, remains strong. ___ New York Yankees 2017: 91-71, second place, wild card, lost to Houston in ALCS. Manager: Aaron Boone (first season). He's Here: OF Giancarlo Stanton, 2B Neil Walker, 3B Brandon Drury. He's Outta Here: Manager Joe Girardi, 2B Starlin Castro, 3B-1B Chase Headley, 3B Todd Frazier, DH Matt Holliday, LHP Jaime Garcia. Projected Lineup: LF Brett Gardner (.264, 21 HRs, 63 RBIs, 96 runs, 23 SBs), RF Aaron Judge (.284, AL-leading 52, 114, MLB-high 208 Ks), 1B Greg Bird (.190, 9, 28 in 48 games), DH Giancarlo Stanton (.281, MLB-leading 59, MLB-best 132, 163 Ks with Marlins), C Gary Sanchez (.278, 33, 90, 120 Ks in 122 games), SS Didi Gregorius (.287, 25, 87), CF Aaron Hicks (.266, 15, 52 in 88 games), 2B Neil Walker (.265, 14, 49 with Mets and Brewers), 3B Brandon Drury (.267, 13, 63 with Diamondbacks). Rotation: RH Luis Severino (14-8, 2.98 ERA, 230 Ks in 193 1/3 IP), RH Masahiro Tanaka (13-12, 4.74, 194 Ks), LH CC Sabathia (14-5, 3.69), RH Sonny Gray (10-12, 3.55 with Athletics and Yankees), LH Jordan Montgomery (9-7, 3.88 in 29 starts). Key Relievers: LH Aroldis Chapman (4-3, 3.22, 22/26 saves, 69 Ks, 50 1/3 IP in 52 games), RH David Robertson (9-2, 1.48, 14/16 saves in 61 games with White Sox and Yankees), RH Dellin Betances (3-6, 2.87, 10/13 saves, 100 Ks, 50 2/3 IP in 66 games), RH Tommy Kahnle (2-4, 2.59, 96 Ks in 62 2/3 IP with White Sox and Yankees), RH Chad Green (5-0, 1.83, 103 Ks in 69 IP), RH Adam Warren (3-2, 2.35 in 44 games), LH Chasen Shreve (4-1, 3.77 in 44 games). Hot Spot: Starting Rotation. There is little seasoned depth if injuries develop, with Luis Cessa the first candidate to step up, and Chance Adams and Justus Sheffield needing more time in the minors. Sabathia turns 38 in July and while he is coming off his best and most durable season in five years, his surgically repaired right knee requires periodic injections of painkiller. Severino must maintain his consistency of 2017 after going 3-8 the previous year, when he was demoted to the minors. Montgomery is expected to increase his innings from 155 1/3. The back end of New York's rotation puts pressure on its bullpen: While Severino averaged 99 pitches per start, Gray 98 and Tanaka 94, Sabathia and Montgomery were at 87 each. Outlook: New York figures to score a lot and strike out a lot, a reason the Yankees signed the switch-hitting, high-contact Walker during spring training. Drury also was a late addition, enabling New York to start prospects Gleyber Torres and Miguel Andujar in the minors. Betances faded in the second half last season, struggling with his mechanics and control and diminishing from a four-time All-Star to a mop-up man. After a pair of injury-decimated seasons, Bird is being counted on as a left-handed power bat in the middle of the batting order who can prevent opponents from bringing in right-handed relievers to attack Judge, Stanton and Sanchez. Hicks missed nearly half of last season with oblique injuries but has displaced Jacoby Ellsbury as the regular center fielder. Having never managed or coached at any level, Boone succeeded Girardi and must establish with players and the public that he knows what he is doing. ___ Tampa Bay Rays 2017: 80-82, third place. Manager: Kevin Cash (fourth season). He's Here: OF Denard Span, 1B C.J. Cron, RHP Nathan Eovaldi, OF Jake Bauers. He's Outta Here: 3B Evan Longoria, RHP Alex Cobb, RHP Jake Odorizzi, OF-DH Corey Dickerson, OF Steven Souza Jr., 1B Logan Morrison, 1B-DH Lucas Duda, RHP Brad Boxberger, RHP Steve Cishek, RHP Tommy Hunter, OF Peter Bourjos, INF Trever Plouffe, RHP Chase Whitley. Projected Lineup: LF Denard Span (.272, 12 HRs, 43 RBIs, 31 2Bs, 12 SBs in 129 games with Giants), CF Kevin Kiermaier (.276, 15, 39 in 98 games), C Wilson Ramos (.260, 11, 35 in 64 games), RF Carlos Gomez (.255, 17, 51 with Rangers), 1B C.J. Cron (.248, 16, 56 with Angels), DH Brad Miller (.201, 9, 40), 3B Matt Duffy (sidelined by Achilles tendon injury), 2B Daniel Robertson (.206, 5, 19) or Joey Wendle (.285, 8, 54 in 118 games with Triple-A Nashville), SS Adeiny Hechavarria (.261, 8, 30 with Marlins and Rays). Rotation: RH Chris Archer (10-12, 4.07 ERA, 249 Ks in 34 starts), LH Blake Snell (5-7, 4.04 in 24 starts), RH Nathan Eovaldi (missed season following Tommy John surgery), RH Jake Faria (5-4, 3.43 in 16 games, 14 starts). Key Relievers: RH Alex Colome (2-3, 3.24, 47/53 saves), RH Matt Andriese (5-5, 4.50), RH Sergio Romo (3-1, 3.56 in 55 appearances with Dodgers and Rays; 2-0, 1.47 in 25 games with Rays), LH Dan Jennings (3-1, 3.45 in 77 games with White Sox and Rays), RH Andrew Kittredge (0-1, 1.76 in 15 games), RH Chaz Roe (0-0, 9.00 in 3 games with Braves), RH Austin Pruitt (7-5, 5.31), LH Joe Alvarado (0-3, 3.64). Hot Spot: Starting Rotation. Normally, the Rays are built around good, young starting pitching and solid defense, a formula that will be tested after losing Cobb to free agency, trading Odorizzi and settling on a plan to use a four-man rotation, instead of the customary five. Cash intends to use multiple relievers on floating "bullpen days" slotted to allow the four starters to pitch on regular rest. It may not be a conventional setup, but the Rays are confident they have enough good arms to make it work. Outlook: The Rays sport a new look after a winter of trimming payroll. In addition to the departures of Cobb and Odorizzi, the heart of a batting order that hit a club-record 228 homers — Longoria, Dickerson, Souza and Morrison — is gone, too. Archer, a two-time All-Star, is set to make his franchise-record fourth opening day start, and Colome is back at closer, too. The question that remains unanswered is, for how long? Cash and general manager Erik Neander aren't making any bold predictions but they insist that despite all the changes, the Rays have a chance to be a lot more competitive than it appears on paper. ___ Toronto Blue Jays 2017: 76-86, fourth place. Manager: John Gibbons (sixth season of second stint, 11th overall with Blue Jays). He's Here: LHP Jaime Garcia, OF Randal Grichuk, OF Curtis Granderson, RHP Seung-hwan Oh, INF Yangervis Solarte, INF Aledmys Diaz, RHP John Axford, RHP Tyler Clippard, INF Danny Espinosa, RHP Taylor Guerrieri, INF Gift Ngoepe, LHP Sam Moll, RHP Sam Gaviglio. He's Outta Here: OF Jose Bautista, OF Ezequiel Carrera, RHP Dominic Leone, LHP Brett Anderson, INF Darwin Barney, RHP Leonel Campos, OF Darrell Ceciliani, RHP Taylor Cole, INF Ryan Goins, C Raffy Lopez, RHP Tom Koehler, RHP Dominic Leone, C Miguel Montero, INF Rob Refsnyder, OF Michael Saunders, RHP Bo Schultz, RHP Cesar Valdez. Projected Lineup: 2B Devon Travis (.259, 5 HRs, 24 RBIs in 50 games), 3B Josh Donaldson (.270, 33, 78), 1B Justin Smoak (.270, 38, 90), DH Kendrys Morales (.250, 28, 85), LF Steve Pearce (.252, 13, 37) or Curtis Granderson (.212, 26, 64 with Mets and Dodgers), C Russell Martin (.221, 13, 35), SS Troy Tulowitzki (.249, 7, 26 in 66 games), RF Randal Grichuk (.238, 22, 59 with Cardinals), CF Kevin Pillar (.256, 16, 42). Rotation: LH J.A. Happ (10-11, 3.53 ERA), RH Aaron Sanchez (1-3, 4.25 in 8 games), RH Marco Estrada (10-9, 4.98), RH Marcus Stroman (13-9, 3.09), LH Jaime Garcia (5-10, 4.41 with Braves, Twins and Yankees). Key Relievers: RH Roberto Osuna (3-4, 3.39, 39/49 saves), RH Ryan Tepera (7-1, 3.59, 2 saves), RH Danny Barnes (3-6, 3.55), RH Seung Hwan Oh (1-6, 4.10, 20 saves with Cardinals), LH Aaron Loup (2-3, 3.75), RH John Axford (0-1, 6.43 with Athletics), RH Tyler Clippard (2-8, 4.77, 5 saves with White Sox, Yankees and Astros). Hot Spot: Shortstop. Tulowitzki is owed $20 million in each of 2018 and 2019, and $14 million in 2020, the final season of a 10-year contract he received from Colorado. Tulo has missed at least 30 games in six straight seasons, and will begin 2018 on the disabled list because of a bone spur in his right heel. Although the Blue Jays have multiple backup options, they could be waiting at least a month, if not longer, for the five-time All-Star and two-time Gold Glove winner to return. Tulowitzki sustained a season-ending injury to his right ankle in late July last year. Outlook: The powerful Yankees and reigning division champion Red Sox are considered playoff favorites in the AL East, so the expectation is the Blue Jays will be left to compete for the second wild card. If Donaldson and Smoak help the offense rebound from last season's injury-induced stumble, when Toronto scored an AL-low 693 runs, and the starting pitching stays strong and healthy, the Blue Jays might be able to mount a playoff push. Health concerns remain plentiful, however. Besides Tulowitzki's troublesome heel, Travis will need scheduled downtime to rest his surgically repaired right knee. Stroman was slowed by a sore shoulder in spring training, and Sanchez will be closely monitored after making just eight starts last year because of blister issues. ___ Baltimore Orioles 2017: 75-87, fifth place. Manager: Buck Showalter (ninth season). He's Here: RHP Alex Cobb, RHP Andrew Cashner, OF Colby Rasmus, LHP Nestor Cortes Jr., C Andrew Susac, INF Engelb Vielma, OF Austin Hays. He's Outta Here: C Welington Castillo, SS J.J. Hardy, RHP Ubaldo Jimenez, LHP Wade Miley, RHP Jeremy Hellickson. Projected Lineup: LF Trey Mancini (.293, 24 HRs, 78 RBIs), 2B Jonathan Schoop (.293, 32, 105, 35 2Bs), SS Manny Machado (.259, 33, 95, 33 2Bs), CF Adam Jones (.285, 26, 73), 1B Chris Davis (.215, 26, 61, 61 BBs, 195 Ks), 3B Tim Beckham (.259, 12, 36 in 87 games with Rays; .306, 10, 26 in 50 games with Orioles), DH Mark Trumbo (.234, 23, 65, 149 Ks), RF Colby Rasmus (.281, 9, 23 with Rays), C Caleb Joseph (.256, 8, 28). Rotation: RH Dylan Bundy (13-9, 4.24 ERA, 152 Ks), RH Kevin Gausman (11-12, 4.68, 179 Ks), RH Alex Cobb (12-10, 3.66 with Rays), RH Andrew Cashner (11-11, 3.40 with Rangers), RH Chris Tillman (1-7, 7.84) or RH Miguel Castro (3-3, 3.53 in 39 games, 1 start). Key Relievers: RH Brad Brach (4-5, 3.18, 18/24 saves), RH Darren O'Day (2-3, 3.43, 2 saves), LH Richard Bleier (2-1, 1.99), RH Mychal Givens (8-1, 2.75). Hot Spot: Starting Rotation. The late addition of Cobb fills out a previously shaky unit, but depth and experience are still an issue. Bundy and Gausman were decent last season, but the young right-handers must take another step forward. Jimenez and Hellickson have been replaced by Cashner, on his third team in four years, and Castro, a converted reliever with one career start. Tillman, re-signed as a free agent, has to prove that his miserable 2017 season was merely a fluke rather than the beginning of the end of a career that two years ago appeared to be blooming. Should any of the starters get injured, the team has very few options on the staff and in the minors beyond right-hander Mike Wright, who's got a lifetime ERA of 5.86. Outlook: The Orioles were 25-16 and in first place last year before fading to their first losing season since 2011. The prospect for improvement will rest on a power-laden lineup that needs Davis and Trumbo to rebound from poor performances, but both sluggers fought through injuries this spring and Trumbo will be on the disabled list on opening day. With a shaky rotation and a bullpen that is without injured closer Zach Britton, the Orioles must score plenty of runs to make some noise in the AL East. Baltimore's defense, usually a strong point, was not particularly efficient in 2017. The team addressed the problem by switching Machado to shortstop and working hard on fundamentals this spring. Most important, this could be the last season in Baltimore for Jones and Machado, whose contracts expire after 2018. If the Orioles are sputtering in July, the most intriguing aspect of the team might be whether one or both stars get jettisoned before the July 31 trade deadline......»»

Category: sportsSource:  abscbnRelated NewsMar 29th, 2018

Soccer s big clash of nations not only at World Cup in 2018

By Rob Harris, Associated Press Footballing supremacy between nations will be determined in 2018, just maybe not in the way expected. The World Cup remains the ultimate prize in sport, and a Russia buffeted by doping scandals and geopolitical rifts will open up like never before to welcome thousands of fans. When the tournament reaches its climax in Moscow on July 14, the biggest global television audience of the year is likely to see the World Cup handed over. Will Germany be the first team to retain the title since Brazil in 1962? Can Neymar inspire Brazil to a record-extending sixth success? Will the players who have shared major individual honors for a decade — Cristiano Ronaldo (Portugal) and Lionel Messi (Argentina) — finally become world champions? But it became clearer in 2017 that appearing at the World Cup is no longer the only vehicle — or preferred means — for countries to validate their status and strength in the world's biggest sport. That isn't much of a reassurance, though, for Italy, the Netherlands and the United States who failed to qualify for Russia. The international soccer landscape is being reshaped by the Gulf state-funded clubs, and their clout reached new heights in the last year. Just as Qatar and the United Arab Emirates became ensnared in a diplomatic standoff, the jewels in their soccer crowns slugged it out in the transfer market pursuing the top talent. Around $300 million was spent in the summer transfer window alone by both Manchester City, which is owned by the UAE's Abu Dhabi, and Paris Saint-Germain, which is funded by 2022 World Cup host nation Qatar. The biggest statement came from PSG which more than doubled the previous transfer record by splurging 222 million euros on Neymar — an unexpected windfall for Barcelona but a deal that solidified the power shifts. Both PSG and City have already obliterated the field in their French and English leagues respectively and are racing toward regaining their domestic titles. The true test of power in this intriguing rivalry between energy-rich Gulf powers should be determined in the Champions League. The competition has been won in three of the last four years by Real Madrid, and the holders now stand in the way of PSG reaching the quarterfinals in March. Madrid and Barcelona remain in the control of their fans, a structure able to resist foreign ownership, although both teams have accepted injections of cash through UAE or Qatar sponsorships. The future spending capabilities of the nascent forces at PSG and City will be determined in the coming months. However wealthy their ownership, unfettered spending remains subject to curbs in an often forlorn attempt to maintain a competitive balance in competitions and prevent them stockpiling players. The ultimate threat hanging over PSG is exclusion from the Champions League unless it balances the books by cashing in on stars in the January transfer window. PSG's legal team is already preparing to take the fight to UEFA over its implementation of Financial Fair Play rules, having faced an earlier round of punishments — along with City — in 2014 that led to limits on the squad size and financial penalties. UEFA has also served notice on AC Milan that sanctions could be looming after around $250 million was spent in the summer by new private Chinese investors. Milan is an illustration of why authorities don't want clubs risking their financial health in the pursuit of success. Despite the investment, Milan is closer to the relegation zone than the top four Champions League qualification places halfway through the Serie A season. City is in a more advantageous position than either PSG or Milan due to its cut from domestic television rights. The Premier League is banking 8.3 billion pounds ($11 billion) from broadcasters under the current three-year deals, far eclipsing European counterparts. One of the early defining moments of 2018 in soccer won't happen on the field but in the Premier League's negotiations over the 2019-2022 rights. The winning outlets will provide an indicator of the vitality of traditional networks in an era of fragmented viewing habits where streaming platforms are luring viewers. The value of the deals will also influence the spending power of clubs in the coming years and the destination of the players. The flow of cash from Abu Dhabi since 2008 has already produced the dominant City team imagined by Sheikh Mansour. At the start of the second half of the season, Pep Guardiola's side enjoys a commanding lead over the previously pre-eminent Manchester United. How rapidly fortunes change in soccer. Guardiola, a serial title winner at Barcelona and Bayern Munich, was facing doubts over his managerial prowess as he opened his City reign with his first trophyless season. He remains on course for a quadruple at the second attempt. Across Manchester, it was Jose Mourinho buoyant in the first half of 2017 after collecting the Europa League and League Cup to offset a sixth-place domestic finish. But Mourinho enters 2018 in sullen mood, seething with envy about the lavish investment from Abu Dhabi that enabled Guardiola to remodel his squad. It's another indicator that with all the cash pumped into soccer by Gulf ruling families, the World Cup can no longer be relied on to determine the true kings of soccer in 2018......»»

Category: sportsSource:  abscbnRelated NewsDec 31st, 2017

BOP reverts to deficit, hits 5-year high in Sept 2018

The country’s balance of payments position reverted to a deficit as the shortfall reached a near five-year high of $2.69 billion in September, reversing the $1.27 billion surplus in August due to strong outflows......»»

Category: financeSource:  philstarRelated NewsOct 19th, 2018

Overseas Filipinos’ cash remittances (August 2018)

CASH remittances slipped in August from a year ago due to lower inflows from the Middle East, the central bank said on Monday, which could signal softer household spending in the third quarter. Read the full story. The post Overseas Filipinos’ cash remittances (August 2018) appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 16th, 2018

Remittances down 1.4% in Aug – BSP

MONEY sent home by overseas Filipino workers (OFWs) fell by 1.4 percent in August from a year earlier, the Bangko Sentral ng Pilipinas reported on Monday. Personal remittances—comprising OFWs’ net compensation, personal transfers whether in the form of cash or in kind, and capital transfers between households—hit $2.76 billion during the month, down from $2.8 billion a year [...] The post Remittances down 1.4% in Aug – BSP appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 15th, 2018

Remittances decline in August 2018

Personal remittances from overseas Filipinos declined by 1.4 percent to $2.76 billion from the $2.8 billion in August recorded in the same month last year, the Bangko Sentral ng Pilipinas reported yesterday......»»

Category: financeSource:  philstarRelated NewsOct 15th, 2018

Pace of dollar remittance growth continues to ease; up 2.4% in Jan-Aug 2018

The amount of dollars sent home by expatriate Filipinos rose further in the first eight months of the year, but data from the Bangko Sentral ng Pilipinas (BSP) also showed a worrisome trend of tapering growth in recent months for remittances, a key leg of the country's economy. In a statement, BSP Deputy Govenor Cyd Tuao-Amador said personal remittances from overseas Filipinos increased by 2.4 percent year-on-year to reach $21.2 billion in the first eight months of 2018. The central bank's data revealed that the monthly rise in the cumulative amounts of remittances this year have been moderating, compared to monthly data for the same periods last year --- a phenomenon which the cen...Keep on reading: Pace of dollar remittance growth continues to ease; up 2.4% in Jan-Aug 2018.....»»

Category: newsSource:  inquirerRelated NewsOct 15th, 2018

Doting Dottie; 2nd best rarin’ to be LPGA’s best

The Philippine Swimming League (PSL) is fielding a 26-strong Philippine delegation to the 2018 Tokyo Invitational Swimming Championship set to start today at St. Mary’s International School swimming pool in Tokyo, Japan......»»

Category: sportsSource:  philstarRelated NewsOct 12th, 2018

Philippine swimmers vie in Tokyo age group

The Philippine Swimming League (PSL) is fielding a 26-strong Philippine delegation to the 2018 Tokyo Invitational Swimming Championship set to start today at St. Mary’s International School swimming pool in Tokyo, Japan......»»

Category: sportsSource:  philstarRelated NewsOct 12th, 2018

8-mo trade gap hits $26B

The local economy continued to earn fewer dollars than it spent in August, thanks to strong imports of capital equipment and oil, while the weaker peso failed to make Philippine exports more competitive in the international market.   The total trade gap for the first eight months of 2018 now stands at $26 billion, substantially larger than the $15.7-billion deficit recorded in the same period last year, according to data released on Wednesday by the Philippine Statistics Authority (PSA).   As a result, the peso "may continue to depreciate in the medium term as the widening trade deficit is expected to continue as big-ticket infra projects kick in by next year," Bank...Keep on reading: 8-mo trade gap hits $26B.....»»

Category: newsSource:  inquirerRelated NewsOct 10th, 2018

PH s Nayre drops out of YOG table tennis; Tio off to strong start in kiteboarding

Kanak Jha of the United States shut the door on Nayre in the round of 16 after posting a narrow 13-11, 11-8, 15-13, 11-8, straight-set victory on Monday in the 2018 Youth Olympic Games at the Table.....»»

Category: newsSource:  philippinetimesRelated NewsOct 10th, 2018

PBA: Paul Lee redeems self with strong effort vs. ROS

After struggling for only eight points in his Magnolia return last week, Paul Lee made sure to bounce back Wednesday for the Hotshots. Lee fired a game-high 22 points in the win against Rain or Shine in the 2018 PBA Governors' Cup, leading the Hotshots to a wire-to-wire win and a 3-1 start to the season-ending joust. On top of his 22 points, Lee also dished out seven assists and had four steals. "I just played my game. I just focused for this game kasi I had a bad game so very important to redeem myself. And of course, very important for the whole team," Lee said. "Masama lang gising last time," he added of his 8-point effort in the loss to leage-leading Phoenix. With the victory, the Hotshots are keeping their position near the top of the standings. The win was also a nice boost heading into their next game against San Miguel. "Very important kasi ito yung mga team na dapat namin i-panalo," Lee said. "Kasi kakailanganan namin to end of the eliminations. Sa San Miguel 50-50 na kami dun," he added.   --- Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsSep 26th, 2018

City Hall proposes P2.3-B budget in 2019

By: Emme Rose Santiagudo THE Iloilo City government’s proposed budget for 2019 is P2.319 billion – 4.81% higher compared to P2.212 billion in 2018. According to Councilor Eduardo Peñaredondo, committee on appropriations chair, they already received the proposed budget and they will start the in deliberations October. “I received the proposal two days ago and target […] The post City Hall proposes P2.3-B budget in 2019 appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsSep 26th, 2018

BOP hits 15-year-high surplus in August 2018

Last month’s BOP surplus was a reversal of the $7 million shortfall recorded in August last year. The Philippines has been booking BOP deficits since the start of the year due to strong foreign currency outflows......»»

Category: financeSource:  philstarRelated NewsSep 19th, 2018

UAAP: Manganti wants people to take Adamson seriously after career-high

First it was Jerrick Ahanmisi. This time it was Sean Manganti who took over and flexed his muscles in Adamson University's latest conquest in the UAAP Season 81 men's basketball tournament. From playing sparse minutes in the first half due to foul trouble, a possessed Manganti emerged in the second half to lead the Falcons to a 90 - 76 victory over the University of the East with a career-high performance of 27 points on 63 percent shooting from the field. On top of that, he thrilled the Adamsonians with a fantastic slam in the third quarter.   Sean Manganti TAKES FLIGHT ✈ #UAAPSeason81 pic.twitter.com/ZHx2JMTXSu — ABS-CBN Sports (@abscbnsports) September 19, 2018   "I was so excited because that was my first dunk since Season 79 because [during] Season 80 I was with injuries the whole season so I was excited for that one. I tried to give something to the crowd," he said. Behind his stellar performance is the desire to make up for what he describes as a "terrible" first game last September 9 versus Ateneo. He only scored four points then. "That's what I have been trying to do this whole year even during the preseason. I came out during the first game really, terrible game so I try to make up for it," Manganti explained. Aside from producing points for the team, Manganti, together with Ahanmisi, is also providing leadership in the squad. This is something that head coach Franz Pumaren has specifically asked from both of them. "Prior to this opening of the UAAP, I sat with them, I talked to them about their roles. I mentioned that the young guys will follow them if they play well," Pumaren explained. However, he has yet to see both players explode at the same time. "I guess I'm still waiting for the time that these two guys can really play like an orchestra at the same time, I think that will be a fun thing to watch, both guys playing well," added the Adamson mentor. Regardless, with both seniors' performance in Season 81 so far, Manganti seems to be embracing the role he is expected to fill. After all, he had a good precendent to emulate. "All I do is fill the spot. Last year it was Rob Manalang so I just try to fill that spot, trying to be a leader," added Manganti. With Ahanmisi and Manganti leading the pack and Pumaren directing the shots, the Falcons carved their best start in the UAAP since 2003 with a 2-0 slate. Manganti thinks that this impressive start will spark a big school-strong school mentality in the Adamson faithful. "I want everybody to look at Adamson as a big school. How many years has it been that it is looked at as a small school," Manganti shared. "Nobody takes it seriously. I just want to be taken seriously showing we are a great team.".....»»

Category: sportsSource:  abscbnRelated NewsSep 19th, 2018

ONE Championship: Eduard Folayang relishing opportunity to train in US

For the last month or so, former ONE Lightweight World Champion Eduard Folayang has been putting in work in one of the most renowned mixed martial arts gyms in the world, the Jackson-Wink MMA Academy in Albuquerque, New Mexico.  There, Folayang has been able to work with the likes of world champion producing mentors like Greg Jackson, Mike Winklejohn, and Brandon Gibson, as well was train with the likes of world-class MMA stars such as Carlos Condit, Holly Holm, Diego Sanchez, Michelle Waterson, and more.          View this post on Instagram                   One thing can change everything. A win. A loss. A smart decision. A bad review. A season of success. A season of failure. The color of your skin. According to the world, at least, it seems that one thing can determine who u are-or make u question it. #TimTebow Learning from the great @gregjacksonmma #jacksonwinkmma #teamlakay2018 #onechampionship @the.landslide @jayanthony714 A post shared by Eduard Landslide Folayang (@the.landslide) on Sep 7, 2018 at 1:10pm PDT           View this post on Instagram                   Selfie with the “natural born killer” @carloscondit to wrap the day😉 @jacksonwink_mma @onechampionship @the.landslide A post shared by Eduard Landslide Folayang (@the.landslide) on Aug 28, 2018 at 6:19pm PDT            View this post on Instagram                   “The Preacher’s daughter” @hollyholm #jacksonwinkmma #landslide2018 #albuquerque #newmexico #roadtoredemption @jayanthony714 A post shared by Eduard Landslide Folayang (@the.landslide) on Sep 13, 2018 at 11:42am PDT A proud representative of the Benguet-based Team Lakay stable - which has been regarded as one of the best MMA teams in Asia - Folayang has relished the opportunity of being able to learn and train in one of the most decorated gyms in the world.  The Jackson-Wink MMA Academy of course, has also been home to world champions such as Georges St-Pierre, Jon Jones, Rashad Evans, and many others.  "It was a good experience, I learned a lot of things, especially in the areas where we are still growing and learning, like the wrestling and the ground game." Folayang shared with ABS-CBN's Steve Angeles.  "Of course we also sharpened my striking." added Folayang, who's known for his thunderous punches, kicks, and elbows.  "Napaka-ganda, nabu-boost yung confidence, lalo na pag nakikipag-sabayan ka sa training sa mga nakikita mo na mga malalaki yung pangalan sa MMA, and you experience na makipag-laro sa mga nandito, so it’s really a big experience and a big learning lesson for me." he added.  Considered as the face of Philippine MMA, Folayang has been competing in MMA professionally since 2007, getting his start in the Philippine-based promotion URCC. Folayang was also one of the pioneer members of the Singaporean-based Asian MMA juggernaut ONE Championship, which held their first event in 2011, with Folayang as one of the featured stars.  In 2016, five years after debuting for the promotion, Folayang finally captured the ONE Championship Lightweight World title, defeating Japanese MMA legend and long-time champion Shinya Aoki via third-round TKO.  Folayang would defend the title successfully once, before losing to Martin Nguyen just a day shy of a year after winning the championship.  Since then, Folayang has bounced back impressively, picking up two consecutive wins against a pair of tough, unbeaten Russian grapplers.  The 33-year old Folayang is considered as one of the top contenders in the lightweight division, and could be next in line to challenge Nguyen for the title.  While there's no word yet on what's next for the Team Lakay star, Folayang maintains that it's best to be prepared just in case the call for a world title shot comes once again.  "I’m hoping that I can be able to regain what I had lost, so the best thing to do right now is to prepare, fix those areas where I lack, and sharpen those areas where I am strong." Folayang said. "Yun naman yung pinaka-the best na gagawin kasi wala pa naman yung schedule, hindi natin alam kung kailan darating yung schedule, pero ang pinaka-maganda ay handang-handa tayo whenever the title shot is given, hindi tayo malayo sa pag-kamit ng nawala sa atin." Right now, Folayang is just one of the many willing and deserving contenders in ONE Championship's talent-rich lightweight division.  Names like Aoki, Ev Ting, Timofey Nastyukhin, and Amir Khan are all looking to show that they too are deserving challengers to Nguyen's title.  "There’s a lot, it’s a stacked division in the lightweight division, and yung pinaka-maganda ay nakikita mo kung sino ang umaangat, sino ang nag-iimprove doon sa laban so yung talagang pinaka-magandang gawin talaga ay paghandaan kung sino yung mga magiging kalaban, and then of course you prepare well, kasi anytime they can give you the best." Folayang returns flies back to Manila on Tuesday.    H/T: Steve Angeles, ABS-CBN News  .....»»

Category: sportsSource:  abscbnRelated NewsSep 18th, 2018

Remittances up 4.5%, hit $2.7B in July

MONEY sent home in July by overseas Filipino workers (OFWs) rose from a year earlier and the prior month, the Bangko Sentral ng Pilipinas (BSP) reported on Monday. Personal remittances, which sum up the net compensation of OFWs, personal transfers whether in cash or in kind and also capital transfers between households, totaled $2.675 billion. The… link: Remittances up 4.5%, hit $2.7B in July.....»»

Category: newsSource:  manilainformerRelated NewsSep 18th, 2018

Remittances up 4.5%, hit $2.7B in July

MONEY sent home in July by overseas Filipino workers (OFWs) rose from a year earlier and the prior month, the Bangko Sentral ng Pilipinas (BSP) reported on Monday. Personal remittances, which sum up the net compensation of OFWs, personal transfers whether in cash or in kind and also capital transfers between households, totaled $2.675 billion. The [...] The post Remittances up 4.5%, hit $2.7B in July appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsSep 18th, 2018