Philippines confident of tighter spreads on Samurai bonds

Philippines confident of tighter spreads on Samurai bonds Source link link: Philippines confident of tighter spreads on Samurai bonds.....»»

Category: newsSource: manilainformer manilainformerJul 12th, 2018

The test of legacy for Chief Justice De Castro

MANILA, Philippines – "It is not as if I’m going to start today. I’ve been doing this for a long time,” was the straight and confident answer of Teresita Leonardo De Castro when she faced the Judicial and Bar Council (JBC)  on August 16. De Castro, then an applicant to ........»»

Category: newsSource:  rapplerRelated NewsAug 25th, 2018

ADB Issues Inaugural Armenian Dram Linked Bonds

MANILA, PHILIPPINES (21 August 2018) - The Asian Development Bank (ADB) has raised AMD2.66 billion (about $5.4 million) from a new issue of offshore Armenian dram-linked bonds. The transaction was.....»»

Category: newsSource:  philippinetimesRelated NewsAug 23rd, 2018

ADB Issues Inaugural Armenian Dram Linked Bonds

MANILA, PHILIPPINES (21 August 2018) - The Asian Development Bank (ADB) has raised AMD2.66 billion (about $5.4 million) from a new issue of offshore Armenian dram-linked bonds. The transaction was.....»»

Category: newsSource:  manilanewsRelated NewsAug 23rd, 2018

PBA: Romeo Travis heard about LeBron s Laker move six months before it happened

You might recognize Romeo Travis, you know, the former PBA Best Import and LeBron James' former high school teammate and long-time friend. Yeah he's back in the Philippines to play in the 2018 PBA Governors' Cup for the Magnolia Hotshots. He's changed teams in the PBA, just like his old buddy LeBron in the NBA. And while Travis' change of uniforms in this side of the world came with a little bit of shock, the King's latest decision didn't surprise him one bit. "I wasn't surprised. I wasn't surprised at all," Travis said of LeBron's move to the Lakers. "I heard about it since January, you know? Depending on how [the Cavs'] season went, I wasn't surprised at all," he added. LeBron and Travis were part of their very own "Fab 5" at St. Vincent-St. Mary High School and Akron together with Dru Joyce III, Sian Cotton, and Willie McGee. Travis joined the crew during their sophomore season and they all won multiple state championships together. Travis says they'd remain friends over a decade later and they are in constant communication like normal people. "We're in a group chat. We text all the time in the group chat," he said. "You know, we send funny videos, we're just friends," Travis added. Travis also added that he's happy for his old friend. LeBron's move to the Lakers was seen as something that is more than basketball and Travis is delighted that his old buddy is once again in a great environment. He's confident that the Lakers will exceed expectations in the upcoming NBA season. "Yeah, I'm happy for him. He's happy. He went to where he wanted to be so I'm happy for him, happy for his family. I think it's going to be a good situation," Travis said of LeBron. "They're going to surprise a lot of people with that [Lakers] roster. Because they're going to give a lot of teams defensive problems. They're going to switch everything, they have a hybrid lineup. LeBron at the 5, and that's just scary," he added.   --- Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsAug 23rd, 2018

Breaking Down Gilas vs Kazakhstan

From the get-go, it was obvious that this iteration of Gilas Pilipinas would be a bit different. Coach Yeng Guiao, who could have opted on a more offensively potent starting unit, decided to go with familiarity and defense, starting three players from the Rain or Shine core in Gabe Norwood, Maverick Ahanmisi, and Beau Belga, and inserting JP Erram at center and Stanley Pringle at the point guard spot. The effect was immediately evident, as the corner triple from Norwood off a Pringle assist in the first play of the game set the tone. The trio of Norwood-Ahanmisi-Pringle showed why they are probably one of the strongest, more athletic, quick, and defensive-minded perimeter trios that Gilas has fielded in recent years. Practically switching everything on the outside, they did not allow Kazakhstan any room to operate, nor to get any rhythm from the field while forcing multiple turnovers, with Ahanmisi getting two steals that led to transition layups early. It was a 12-2 start for the Philippines before Kazakhstan could blink. The only thing going for the opposing team was their offensive rebounding, albeit these only prevented further transition baskets from the Philippines, as the Kazakhs couldn’t convert on the put backs. One thing Gilas has to adjust to however, is the way the international referees call the game, as their bigs – Almazan and Belga – got into foul trouble early, and penalty situation allowed Kazakhstan to make some headway from the line despite shooting just 1/13 from the field in the first. It was a low scoring first quarter, with Gilas held scoreless for the last 4 minutes and Kazakhstan unable to capitalize on the penalty situation, missing multiple charities. The quarter ended 16-9, Philippines. The second quarter started with Kazakhstan giving up their 7th turnover, which would be a recurring theme throughout the game thanks to Gilas’ defensive pressure. With 6 steals through the first 15 minutes of the game, Gilas prevented their opponents from getting any rhythm offensively, despite Rustam Yergali coming out more aggressive on the offensive end.  James Yap came off the bench and poured in 7 points in the first half, hitting 1 of Gilas’ 6 first half triples. They were 6/19 from deep while holding Kazakhstan, who is known for their outside shooting, to 1/12 at the half. Defense was once again the key in the 2nd quarter, as Gilas allowed just 11 Kazakhstan points, with themselves scoring 25. They forced 15 turnovers with 11 steals total in the first half, scoring 18 turnover points as a result; while they themselves committed just 5 turnovers, yielding 0 turnover points for the Kazakhs. The only downside was they gave up 18 freethrows to Kazakhstan, who luckily only converted on 11 of them. The half ended with the Philippines holding a commanding 21-pt lead, 41-20. Stanley Pringle was impressive to say the least, running the offense and controlling the pace of the game, living up to the all the accolades thrown his way prior to the Asiad. Kazakhstan came out of the halftime huddle with a lot more urgency, employing full court pressure all throughout the 3rd quarter, and outscoring Gilas 9-5 in the first 2 1/2 minutes. They also continued to hold the rebounding edge, especially on the offensive glass. While the Philippines continued to pressure defensively, doubling the ballscreens, Kazakhstan was able to adjust, hitting the rolling big man on multiple occasions for easy undergoal baskets. It was here that Fil-German Standhardinger went to work, getting offensive rebounds and scoring on back-to-back baskets midway through the 3rd, despite picking up his fourth personal with still 4 minutes left in the quarter. This turned out to be Kazakhstan’s best quarter, and the only one where the breached the 20-pt mark, outscoring Gilas 23-20. Whether it was the adrenaline rush with the arrival of Jordan Clarkson in the venue or an earful from Coach Yeng at the end of the third, Gilas started out much better in the fourth, with Pringle once again leading the charge. He hit back-to-back baskets to get to his game high 18pts to start the fourth period; while Almazan – who had multiple skirmishes throughout the game – also hit back-to-back baskets. By the time Paul Lee hit his 3rd consecutive triple midway through the fourth – his only field goals of the game – the game had been blown wide open on a Gilas 20-9 fourth quarter run, 81-52. At that point everyone started getting into the scoring picture while they kept the defensive intensity and held Kazakhstan to just 16 points in the fourth for an emphatic 96-59 opening day win. It was an impressive start to the tournament for Gilas, despite the absence of Kazakhstan’s best player due to injury, and more so with all that had happened prior to arriving in Indonesia. They now have four days to prepare for a key matchup with powerhouse China. With Clarkson, they get not just another elite athlete on the perimeter, but a legitimate NBA talent in his prime. It will take a lot more than that however, as the game against Kazakhstan showed. There will be no room for error against the huge and athletic Chinese frontline, and their younger guards. Defensively they’ll have to communicate as well, if not better; and our bigs will have to work extra hard to box out their Chinese counterparts. We can’t give up too many fouls, as the Chinese are tremendously better free throw shooters, and putting our already thin frontline in foul trouble will further limit their ability to implement Coach Yeng’s defensive gameplan. Offensively, I’m confident we have the talent to compete or even surpass China in the perimeter, and everyone knows Coach Yeng is a master at bringing out the best in his players. If our guards can wreak havoc and break China’s perimeter defense, and we’ll be able to get open looks both inside and out. If our bigs, Belga, Erram, Standhardinger, Almazan, and Taulava can limit China’s 2nd chance opportunities and give us a decent amount of 2nd looks, then we definitely have a shot. This Gilas squad definitely looks promising. I’m sure glad we decided to send one.  .....»»

Category: sportsSource:  abscbnRelated NewsAug 18th, 2018

Why you should also pay attention to the Bakwit Boys soundtrack

MANILA, Philippines – Bakwit Boys is a story about “family, underdogs, and dreamers.” An entry to the Pista ng Pelikulang Pilipino (PPP), the romantic musical directed by Jason Paul Laxamana hopes to have viewers singing and crying tears of joy until the credits roll. “I’m really confident ........»»

Category: newsSource:  rapplerRelated NewsAug 15th, 2018

Philippines eyes up to $1.5 B global bonds this year

The Philippines plans to raise between $1 billion to $1.5 billion through another dollar-denominated global bond issuance this year to prefund its foreign obligations maturing in January......»»

Category: financeSource:  philstarRelated NewsAug 14th, 2018


DESPITE suddenly finding itself in the so-called “Group of Death” in the 18th Asian Games basketball competitions, the Philippines remains confident about its chances of “pulling off some surprises” Due to its earlier decision to withdraw and late re-entry to the prestigious competition scheduled Aug. 18-Sept. 2 in Jakarta, Indonesia,….....»»

Category: newsSource:  journalRelated NewsAug 9th, 2018

Feature: Amalgamation and the road to a tighter nation

The political climate in the Philippines has long been plagued by heated discussions on social issues where no one is ever willing to concede. Many were successful in slicing the nation into half with.....»»

Category: newsSource:  philippinetimesRelated NewsAug 5th, 2018

Feature: Amalgamation and the road to a tighter nation

The political climate in the Philippines has long been plagued by heated discussions on social issues where no one is ever willing to concede. Many were successful in slicing the nation into half with.....»»

Category: newsSource:  manilanewsRelated NewsAug 5th, 2018

IC chief: PH not yet ready for ‘Takaful’

It may take sometime before "Takaful" or Islamic insurance can be introduced in the Philippines given regulatory challenges, Insurance Commissioner Dennis B. Funa said.   "I have studied Takaful. It's a bit complicated because the rules are totally different from that provided in the Insurance Code," Funa told the Inquirer last Friday.   "A new law may have to be drafted or we will have to write a totally new rule [for Islamic insurance]," Funa said.   "For example, the concept of interest is not allowed in Islamic rules. Investments will have to be made in sukuk or Islamic bonds," he noted.   The terms are also very different, he added. "We wi...Keep on reading: IC chief: PH not yet ready for ‘Takaful’.....»»

Category: newsSource:  inquirerRelated NewsAug 3rd, 2018

Kai on his dream tandem with Edu: 'Marami kayong makikita pag pinagsabay kami'

For the dream twin tower combination of Kai Sotto and AJ Edu, chemistry and fit should be no problem. This early in their partnership, the 7'2" Kai and the 6'10" AJ appear to have the basics down already. That should be music to anyone excited for this imposing Batang Gilas frontline. Edu has expressed excited over the potential of his partnership with Kai. Sotto is no different. "Maayos kasama yang si AJ," Sotto said when asked about Edu. "Iba yung samahan namin pag nasa court. Masaya ako na teammate ko siya. Ang tagal ko na rin siya gusto maging teammate simula nung naki-practice siya sa Ateneo. Excited ako. Special siya na player eh," he added. Forming perhaps the most talented youth frontline the Philippines has ever seen, Sotto is confident he can make it work with Edu. The Kai-AJ tandem will be put to the test right away as Batang Gilas is set to compete in the 2018 FIBA Asia Under-18 Championships in Thailand starting Sunday with a slot in the U-19 FIBA World Cup on the line. "Marami kayong makikita pag pinagsabay kami," Sotto said. "Kahit parehas kami na big man, iba rin yung nagagawa namin. Mas lalo sa defense kasi parehas kaming rim protector. Sa offense, salitan lang kami," he added.   --- Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsAug 2nd, 2018

Toyota rolls out new Vios

CLASSIC LOOK “The number one ranking that the Vios has enjoyed through the years does not give us reason to lessen our guards. After its astounding performance in the subcompact car segment, Toyota Motor Philippines (TMP) recently brought out an all-new, totally refreshed version of the Toyota Vios. “We are confident that the all-new Vios […].....»»

Category: newsSource:  tribuneRelated NewsJul 28th, 2018

NCAA: Perfect Pirates outrun and outgun Cardinals

Ahead or behind, Lyceum of the Philippines University will keep using the same formula in the 94th Season of the NCAA Men’s Basketball Tournament. At the end of the day on Friday at the Filoil Flying V Centre, that same formula still led to a 94-81 triumph for the Pirates over Mapua University. CJ Perez did it all with 19 points, nine rebounds, eight assists, and three rebounds while Mike Nzeusseu posted a powerful double-double of 16 markers and 16 boards. Jaycee Marcelino and MJ Ayaay also added 13 and 11 points, respectively, as LPU increased its lead in the standings to 5-0. Behind a 29-point third quarter, they mounted a 15-point lead early in the final frame before the Cardinals battled back to as close as 76-80 inside the last four minutes. “What’s important is how we pick ourselves up. More or less, it’s just a matter of how we’re always gonna be on the same page,” head coach Topex Robinson said post-game. It was at that point, however, that four different players contributed in an 11-2 counter that put the Pirates back on top by double-digits, 91-78. They would not be threatened the rest of the way as their perfect record remained intact. “We know that teams are not gonna take us lightly anymore so we expect all these games to be tighter. It’s gonna benefit us because we’re always gonna be on our toes,” coach Topex said. On the other hand, Mapua suffered its second straight setback following a win to start the season. Laurenz Victoria topped the scoring column for them with 20 points while rookie Eric Jabel also shined with 18 markers, five assists, and three rebounds. BOX SCORES LPU 94 – Perez 19, Nzeusseu 16, Marcelino JC 13, Ayaay 11, Santos 8, Caduyac 5, Lumbao 5, Tansingco 4, Valdez 4, Pretta 3, Marcelino JV 2, Ibanez 2, Yong 2, Cinco 0, Serrano 0 MAPUA 81 – Victoria 20, Jabel 18, Serrano 8, Aguirre 8, Lugo 7, Bunag 7, Pelayo 7, Bonifacio 4, Biteng 2, Pajarillo 0, Gamboa 0 QUARTER SCORES: 24-18, 39-41, 68-55, 94-81 --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsJul 27th, 2018

PBA: Clarkson to ROS for Asiad not as easy as it sounds

Jordan Clarkson to Rain or Shine for the 2018 Asian Games? It's a tricky situation. The Samahang Basketbol ng Pilipinas (SBP) has Clarkson's name included in the pool for the Asian Games, where the Philippines is going to be represented by Rain or Shine. However, whether or not Clarkson can actually play still depends on a lot of things. "We plan to submit his name, it's up to OCA (Olympic Council of Asia) whether he's eligible to play in the Asian Games," said SBP President Al Panlilio on Thursday. "Concurrently, we're negotiating with him on the possibility of playing in the Asian Games, and also concurrently, he needs to seek permission from the Cavaliers and the NBA. Lahat yan sabay-sabay nangyayari, from an SBP point of view, I'm hoping everything falls into place kasi maraming mga conditions that have to happen to make Clarkson available. The first thing is whether he'll be allowed to play in the Asian Games," He added. For now, the SBP can only put it Clarkson's name in its pool first and wait for the OCA's decision if he can actually play. The SBP however, is confident that Clarkson is more than happy to serve the country if given the chance. "He wants to play," Panlilio said of Clarkson. "He wants to play for Gilas. It's always been his dream to play for Gilas, eligibility lang ang issue," he added. By FIBA rules, Clarkson should be eligibile after being a Philippine passport holder since he was 12 years old. The only problem is that the Asian Games don't necessarily follow FIBA eligibility rules. The Asian Games requires players to have resided in the country it represents for at least three years.   --- Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsJul 26th, 2018

Sun Life sees 5-million client base by 2020

Sun Life of Canada Philippines Inc. is confident of achieving its ambitious goal to scale up its client base to five million earlier than the 2020 target, a top official of the company said yesterday......»»

Category: financeSource:  philstarRelated NewsJul 25th, 2018

Plebiscite, preamble, PH laws among last issues at Bangsamoro bicam

MANILA, Philippines (UPDATED) – Three issues consumed the bicameral conference committee on the proposed Bangsamoro Basic Law (BBL) on its targeted last day of deliberations Tuesday, July 17. Senate Majority Leader Juan Miguel Zubiri, the bicam chair, was initially confident of the speedy approval of the bill. The mood, however, ........»»

Category: newsSource:  rapplerRelated NewsJul 17th, 2018

Samsung heats up 5G race with reveal of 3.5-gigahertz technologies

MANILA, Philippines - The race for 5th-generation wireless network technology, commonly called 5G, seems to be heating up with Samsung unveiling their own 3.5-gigahertz (GHz) band technologies at a press event held in South Korea last week. According to Samsung Central , Samsung is confident that they ........»»

Category: newsSource:  rapplerRelated NewsJul 16th, 2018

Sun Life PH invests in IFC s Mabuhay Green Bonds

Leading insurer Sun Life of Canada Philippines Inc. has invested an initial P500 million in the pioneering Philippine peso-denominated Mabuhay Green Bonds issued by International Finance Corp., the.....»»

Category: newsSource:  philippinetimesRelated NewsJul 16th, 2018

Manny Pacquiao beats Lucas Matthysse and Father Time in latest win

The fire is back in the eyes and belly of 39 year old Philippine senator Manny Pacquiao who scored an emphatic knockout victory over Lucas Martin Matthysse to win his 11th world title at 2:43 of the seventh round Sunday afternoon at the Axiata Arena here. Proving his critics wrong, Pacquiao put on a clinic of sorts as he showed facets of his ring brilliance that were missing in his previous fights since 2009 where he last won by knockout. Before a screaming horde of fans led by the heads of state of Malaysia and the Philippines, Pacquiao was brilliant, fast and accurate with his timing and combinations, completely frustrating and flustering the former WBA king. "You have to love what you do in order to do what I still do as a 39-year-old fighter," said Pacquiao, who trained hardest despite his age, pushing himself to the limit. But this time around, his new team of mostly Filipinos led by chief trainer Buboy Fernandez, acknowledged his conditions and custom-fit a new training regimen that brought back the power and the speed, however diminished a bit. "Do I look old,?" asked Pacquiao laughing in front of the members of media at the post-fight press conference. Every masterful stroke dealt by Pacquiao befuddled Matthysse who secretly plotted to retire Pacquiao. "Not today," said Pacquiao, who was cheered on by Philippine president Rodrigo Duterte who watched in the presidential suite with new Malaysian Prime Minister Mahathir Mohamad. "Of course, it was an extra motivational tool for me to fight well and careful." Fernandez warned his ward not to be too confident when he knocked down Matthysse for the second round, the Argentine taking a knee at the end of the fifth round. "It might have been a trick. But we were ready for Matthysse," said a beaming Fernandez, who for the first time, acted as chief trainer aided by strength and conditioning coach Justin Fortune and assistant Raides "Nonoy" Neri. Cutman Edgardo de la Vega was not much needed as Pacquiao was never in trouble. "We will take a rest for now before we decide what to do next," said Pacquiao, who goes back to work this week as the Philippine Senate opens its sessions. - RELEASE.....»»

Category: sportsSource:  abscbnRelated NewsJul 16th, 2018