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P17.8 billion impact from FIBA World Cup

The numbers generated by the Philippines’ hosting of the 2023 FIBA World Cup are staggering and in his remarks during the SMC-PSA Annual Awards Night at the Manila Diamond Hotel last Monday, SBP president Al Panlilio said bringing the event back to the country after 45 years was “the beginning of many more good things to come for Philippine basketball.”.....»»

Category: sportsSource: philstar philstarFeb 2nd, 2024

T-bills upsized to P17 billion on lower rates

The government upsized its short-term securities to P17 billion as rates slipped across the board ahead of the inflation data release later this week......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Gilas Youth joins Spain, Puerto Rico, Lithuania in FIBA U17 World Cup group

The battlefield — and the stacked opposition on the way — is set for the Gilas Pilipinas youth in its anticipated return to the FIBA U17 World Cup in Turkey on June 29 to July 7......»»

Category: sportsSource:  philstarRelated NewsMar 30th, 2024

FIBA Asia Cup Qualifiers comes to Smart LiveStream App

Smart continues to bring world-class basketball action at the fingertips of Filipino fans as it streams the upcoming FIBA Asia Cup 2025 Qualifiers campaign of Gilas Pilipinas via the Smart LiveStream App......»»

Category: sportsSource:  philstarRelated NewsFeb 13th, 2024

Gilas women off to great start in FIBA 3x3 Asia Cup

The Gilas Pilipinas women had a strong start in the 2024 FIBA 3x3 Asia Cup after coming up unscathed in the first day of the competition Wednesday at the Singapore Sports Hub......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

LIVE UPDATES: Philippines vs Chinese Taipei – FIBA Asia Cup Qualifiers

Gilas Pilipinas aims to make fans happy as it shoots for a successful homestand against Chinese Taipei to end the first window of the FIBA Asia Cup Qualifiers.....»»

Category: newsSource:  rapplerRelated NewsFeb 24th, 2024

FIBA Asia Cup qualifiers is first step to Olympics for Gilas, Cone stresses

With the upcoming first window of the FIBA Asia Cup, Gilas Pilipinas head coach Tim Cone said his personal goal for the team is to make the Olympics, whether next year’s Paris meet or the 2028 Los Angeles edition......»»

Category: sportsSource:  philstarRelated NewsFeb 19th, 2024

Fajardo ruled out for Gilas bid in FIBA Asia Cup Qualifiers

Gilas Pilipinas will embark on the first window of the FIBA Asia Cup Qualifiers with only 11 players following the injury to June Mar Fajardo......»»

Category: sportsSource:  philstarRelated NewsFeb 18th, 2024

GAME SCHEDULE: Gilas Pilipinas at FIBA Asia Cup Qualifiers

Gilas Pilipinas battles Hong Kong and Chinese Taipei in a pair of home-and-away games for the first window of the FIBA Asia Cup Qualifiers.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Gilas buckles down for FIBA Asia Cup Qualifiers campaign

Gilas Pilipinas has started its preparations for the upcoming FIBA Asia Cup Qualifiers......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Gilas in tough bracket for FIBA U17

The battlefield – and the stacked opposition on the way – is set for the Gilas Pilipinas youth in its anticipated return to the FIBA U17 World Cup in Turkey on June 29 to July 7......»»

Category: sportsSource:  philstarRelated NewsMar 31st, 2024

Will Lin play against Gilas?

Nine-year NBA veteran Jeremy Lin is eligible to play for Chinese-Taipei against Gilas in the FIBA Asia Cup qualifying window game at the PhilSports Arena on Feb. 25. He could suit up as a naturalized “import,” having acquired a Taiwan passport in August 2020 or as a local if FIBA grants an exception like it did with Indonesian-American Brandon Jawato.....»»

Category: sportsSource:  philstarRelated NewsFeb 17th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Gilas improves 1 spot in FIBA rankings

The Philippines has risen by one spot in the latest FIBA World rankings, the basketball federation said......»»

Category: sportsSource:  philstarRelated NewsMar 2nd, 2024

PAL prospers post-pandemic, triples profit

Lucio Tan-owned Philippine Airlines tripled its profit to nearly P17 billion in 2023, lifted by its sustained dominance in the market for international travelers even with the entry of new players......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Comelec signs P17.99B contract with Miru for automated 2025 polls

MANILA, Philippines — An almost P18-billion contract was signed on Monday between the Commission on Elections (Comelec) and the South Korean firm Miru Systems Co. Ltd. (Miru Systems) for the lease of an automated election system to be used in the 2025 midterm elections. Miru Systems was the sole bidder for the lease of a.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Wider margins, lower loan provisions boost PNB profit

Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

T-bill rates climb ahead of BSP meet

The government upsized its sale of short-term securities yesterday to P17 billion, even after rates picked up ahead of the policy decision of the Bangko Sentral ng Pilipinas this week......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

FIBA ranking sa gilas misaka

FIBA ranking sa gilas misaka.....»»

Category: newsSource:  sunstarRelated NewsMar 2nd, 2024

Reid still leads Hong Kong

A familiar face to Filipino fans will lead Hong Kong against Gilas in the FIBA Asia Cup qualifying first window at the Tsuen Wan Sports Centre, New Territories tonight. Duncan Reid, who played in 23 games with Bay Area in the PBA Commissioner’s Cup last season, has been a Hong Kong fixture since 2013 and remains the national team’s icon......»»

Category: sportsSource:  philstarRelated NewsFeb 21st, 2024

MSC, MWI slated at Esports World Cup in Saudi Arabia

Venturing outside Southeast Asia for the first time, the rebranded midyear tournament of Mobile Legends Bang Bang (MLBB), the MLBB Mid Season Cup (MSC) as well as the MLBB Women’s Invitational will be happening in Riyadh, Saudi Arabia during the first Esports World Cup......»»

Category: sportsSource:  philstarRelated NewsJan 25th, 2024