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Front Page: Factory growth slows, but leads ASEAN

BUSINESS was even better in November for Philippine factories which continued to outdo Southeast Asian peers, according to the latest Nikkei Philippines and ASEAN Manufacturing PMI reports that nevertheless showed that improvement slowed for the second st.....»»

Category: financeSource:  bworldonlineRelated NewsDec 1st, 2016

PH GDP slows down due to budget delay – NEDA

DAVAO CITY (MindaNews / 9 May) – The country’s gross domestic product slowed down to 5.6 % in the first quarter of 2019 from 6.5% growth recorded in the same period of last year, a report released by Philippine Statistics Authority (PSA) said. In a statement, Secretary Ernesto Pernia, director-general of the National Economic Development […].....»»

Category: newsSource:  mindanewsRelated NewsMay 9th, 2019

Farm output growth slows to 0.67% in Q1 2019

MANILA, Philippines – Agricultural output further slowed to 0.67% in the 1st quarter of 2019, lower than the  1.80% growth rate recorded in the 4th quarter of 2018 , data from the Philippine Statistics Authority (PSA) showed.  The 1st quarter performance is also a drop compared to the 1.47% growth rate recorded in ........»»

Category: newsSource:  rapplerRelated NewsMay 8th, 2019

March factory output slumps

Factory output posted its fourth consecutive month of decline in March, the Philippine Statistics Authority (PSA) reported this morning. Preliminary results of the PSA’s latest Monthly Integrated Survey of Selected Industries showed the volume of production index contracting by 9.2% year on year in March versus the February’s revised 8.1% decline and the 11% growth […].....»»

Category: financeSource:  bworldonlineRelated NewsMay 7th, 2019

Employment growth slows in Q4

Employment growth in establishments nationwide slowed down slightly in the fourth quarter of last year despite fewer separations as hiring dropped sharply, according to the Philippine Statistics Authority (PSA)......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2019

Manufacturing growth slows to 9-month low

GROWTH in the country’s manufacturing sector fell to a nine-month low in April as output slowed and new export orders dropped, a IHS Markit/Nikkei survey found. Results of the poll…READ The post Manufacturing growth slows to 9-month low appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 3rd, 2019

Factory expansion slowest in 9 months

MANUFACTURERS in the Philippines marked the smallest improvement in business conditions in nine months as the second quarter began as output growth dropped to a 19-month low, according to the latest monthly survey IHS Markit conducted for Nikkei, Inc. that also showed new orders rose at the weakest rate in nine months and a “sustained fall” in orders from abroad that was “notably faster than that seen in March.”.....»»

Category: newsSource:  bworldonlineRelated NewsMay 2nd, 2019

April Philippine factory reading lowest in 9 months

Growth in Philippine manufacturing eased in April amid a slight improvement to the country’s business conditions, according to monthly tracking done by IHS Markit for Nikkei Inc......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2019

S& P sees little factory boost for GDP

THE PHILIPPINES and many other major Asia-Pacific economies will not be able to rely on manufacturing to fuel growth just yet, S&P Global Ratings said in an April 29 report, noting that “despite improvement in PMI (purchasing managers’ index) data, the region’s industrial production data continue to be weak.”.....»»

Category: newsSource:  bworldonlineRelated NewsApr 29th, 2019

Man United soccer's top moneymaker again after 11 years

ROB HARRIS, AP Global Soccer Writer br /> LONDON (AP) — Manchester United is a long way from winning the English Premier League again but is back on top of another table — as soccer's biggest moneymaker. For the first time since 2005, Manchester United overtook Real Madrid in top spot in the soccer finance rankings compiled by accountancy firm Deloitte even as it sits sixth in the Premier League. In 2015-16 when United won only the FA Cup and failed to qualify for the Champions League, the 20-time league champions generated 515.3 million pounds (689 million euros based on the annual average; now about $632 million). Spanish champion Barcelona had 620.2 million euros in revenue and Real Madrid, which won an 11th Champions League title in May, dropped to third on 620.1 million euros in Deloitte's 20th annual rankings. United's stay at the top could be short-lived with the pound weakening since Britain voted to leave the European Union in June and the failure to reach the Champions League. Despite Jose Mourinho replacing Louis van Gaal as manager, United is struggling to break back into the top four Champions League qualification places let alone win the first Premier League title since Alex Ferguson's retirement in 2013. But United, owned by the Florida-based Glazer family and listed on the New York Stock Exchange, has maintained an ability to attract sponsors. 'Manchester United have had to wait 11 years to regain their position as the world's leading revenue-generating club and it has taken phenomenal commercial revenue growth to help them achieve this,' said Dan Jones of the Deloitte sports division. 'In recent years, their ability to secure commercial partnerships with value in excess of that achievable by their peers has been the crucial factor in enabling the club to regain their place at the top of the Money League.' The top five is completed by German champion Bayern Munich and Manchester City. The eight English clubs in the top 20 account for 45 percent of the accumulated revenue in the standings of 7.4 billion euros — up 13 percent from the previous year. Leicester, a first-time winner of the Premier League, makes the cut for the first time, squeezing into 20th place on 128.7 million pounds. West Ham returns to the top 20 and should move up from 18th place (143.8 million pounds) following its move last summer to Olympic Stadium. The other Premier League teams are: Arsenal (seventh at 350.4 million pounds), Chelsea (eight at 334.6 million pounds), Liverpool (ninth at 302 million pounds) and Tottenham (12th at 209.2 million pounds). The weight of English clubs in the revenue rankings should increase next year with the rise in television revenue. Premier League clubs should each earn at least 100 million pounds a season as part of the rights deals worth more than 8.3 billion pounds over three years. The only French team represented in the rankings is Paris Saint-Germain, which fell two places to sixth with revenue of 520.9 million euros. Zenit Saint-Petersburg is the only Russian team included, improving a place to 17th by generating 196.5 million euros. Along with Bayern, German also provides Borussia Dortmund (11th at 283.9 million euros) and Schalke (14th at 224.5 million euros). Juventus heads the list of four Italian teams, in 10th place on 224.5 million euros, followed by AS Roma (15th at 218.2 million euros), AC Milan (16th at 214.7 million euros) and Inter Milan (19th at 179.2 million euros). Deloitte warns that the enhanced English broadcast deals could see at least one of the Milan teams fall out of the top 20 next year. Joining Barcelona and Real Madrid in the rankings from Spain are Atletico Madrid in 13th place at 228.6 million euros. .....»»

Category: sportsSource:  abscbnRelated NewsJan 19th, 2017

Coaches association announces Michael H. Goldberg Award

em>NBCA press release /em> The National Basketball Coaches Association (“NBCA”) is proud to announce the inception of the Michael H. Goldberg NBCA Coach of the Year Award. The Michael H. Goldberg NBCA Coach of the Year Award will be an annual award given to honor the most successful Head Coach in the National Basketball Association (“NBA”) as voted upon by his or her peers. It will be the only award chosen entirely by NBA Coaches. Every season, Head Coaches representing all 30 NBA Teams will select the winner. The winner of the 2017 Michael H. Goldberg NBCA Coach of the Year Award will be announced at the conclusion of the 2016-2017 NBA regular season. This award will recognize the dedication and hard work of NBA Head Coaches. The Michael H. Goldberg NBCA Coach of the Year Award will be presented to a Coach who helped guide his or her players to a higher level of performance on-the-court and showed outstanding service and dedication to the community off-the-court. The Michael H. Goldberg NBCA Coach of the Year Award is named after the esteemed Michael H. Goldberg, the long-time Executive Director of the National Basketball Coaches Association (a group that encompasses all Head and Assistant Coaches in the NBA and its alumni group). In 1980, six years after the NBCA was founded, Michael H. Goldberg became its first Executive Director. Building upon the existing foundation of the NBCA, he guided it during the years of the greatest growth in professional basketball. He helped gain significant benefits for NBA Coaches, including billions of dollars in increased retirement funds, and disability insurance. And so, the Michael H. Goldberg NBCA Coach of the Year Award honors the substantial contributions of Mr. Goldberg, who set the standard for loyalty, integrity, passionate representation, and tireless promotion of NBA Coaching. “This award honors the life work of a great leader, tireless foot soldier for the best interests of Coaches and the NBA, and most importantly, a trusted friend,” said NBCA President Coach Rick Carlisle. “The Michael H. Goldberg NBCA Coach of the Year Award will have special meaning because of its namesake and the fact that it is voted on by all Head Coaches.” Mr. Goldberg graduated from New York University in 1963 and later attended St. John's University School of Law, receiving his law degree in 1966. After law school, he joined the U.S. Securities & Exchange Commission (“SEC”) where he was a Branch Chief. He left the SEC in 1972 and became General Counsel for the American Basketball Association (“ABA”). Mr. Goldberg guided the ABA along with its late Commissioner, Dave DeBusschere, until the league merged with the NBA in 1976. Through the agency he founded, National Media Group, Inc., Mr. Goldberg has been a fixture in the business of sports marketing working over the years with a wide variety of prominent corporate sponsors and licensees wishing to promote their products and services through sports/entertainment tie-ins. Among a long list of clients are IBM, American Express, Schick, Fleer Trading Cards, Gatorade, Nike, Self Magazine, Sports Illustrated, the NBA, NFL, NHL and MLB. The agency also played a key role in the growth of the sport of basketball in the US and abroad, organizing the Gatorade World Coaches Clinic program, and launching the highly successful NBA/FIBA McDonalds Basketball Championship. He now devotes himself primarily to his work on behalf of the NBCA. “Michael Goldberg is a legend in basketball circles and has distinguished himself by his relentless advocacy on behalf of NBA coaches and his deep caring for everyone involved with our game,” said NBA Commissioner Adam Silver. “This new award reflects his vital and everlasting contributions to the NBA.” The Michael H. Goldberg NBCA Coach of the Year Award will be presented to a Head Coach who exemplifies the same high quality of integrity and excellence that Michael H. Goldberg exhibited during his highly respected career. “It is truly an honor and a privilege to be recognized by this award,” said Michael H. Goldberg, NBCA Executive Director. “I have been very fortunate to work with the National Basketball Coaches Association for over thirty-five years. During this time, I have found the Coaches to be passionate, wise, and caring leaders. This award, determined by peer vote, is tremendously meaningful to our NBA Coaches, the League, as well as for my family and me.” .....»»

Category: sportsSource:  abscbnRelated NewsJan 15th, 2017

Trade remains challenging; factory output picks up

MERCHANDISE TRADE will remain a drag in the calculation of the country’s economic growth, as export receipts contracted in November 2016 while the import bill continued to increase......»»

Category: newsSource:  bworldonlineRelated NewsJan 10th, 2017

Moody's sees slower factory output growth

FACTORY OUTPUT likely remained growing in November but at a slightly slower pace than in the preceding month, Moody’s Analytics said in a recent report, blaming a storm that could have disrupted food production......»»

Category: newsSource:  bworldonlineRelated NewsJan 8th, 2017

Factory output further slows in Dec

MANILA, Philippines – Manufacturing output further slowed in December as rising output backlog and input costs prevented firms from fulfilling new orders, ac.....»»

Category: financeSource:  philstarRelated NewsJan 2nd, 2017

Residential property price growth slows in Q3

Residential property price growth slows in Q3.....»»

Category: newsSource:  manilatimes_netRelated NewsJan 2nd, 2017

PHL factory expansion losing steam

BUSINESS for manufacturers in the country continued to bare “strong improvement” in December, according to the latest Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI) that nevertheless flagged “a further loss of growth momentum” for the third month in a row......»»

Category: newsSource:  bworldonlineRelated NewsJan 2nd, 2017

Nov money supply growth slows amid higher lending

Nov money supply growth slows amid higher lending.....»»

Category: newsSource:  manilatimes_netRelated NewsDec 29th, 2016

Finance: Liquidity growth slows, bank lending picks up pace in November

MONEY SUPPLY continued to grow in November amid sustained credit demand, coupled with a surge in bank lending that was the fastest in nearly two years, the Bangko Sentral ng Pilipinas (BSP) reported yesterday......»»

Category: financeSource:  bworldonlineRelated NewsDec 29th, 2016

Property & Infrastructure: China home price growth slows on property curbs

SHANGHAI -- China's overheated property market continued to cool in November as authorities rolled out renewed home-buying curbs to deflate a housing bubble......»»

Category: financeSource:  bworldonlineRelated NewsDec 19th, 2016

Factories churn out 11% more output in October

MANILA, Philippines - Factory output booked a faster double-digit growth in October amid the boost from electronics production and continued recovery of the.....»»

Category: financeSource:  philstarRelated NewsDec 5th, 2016