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PHL franchise industry seen to grow by 15-20% this year

THE LOCAL franchise industry is confident of breaching the P1-trillion revenue mark this year as it aggressively positions the Philippines as the “franchise hub of Asia.”.....»»

Category: newsSource: bworldonline bworldonlineJul 4th, 2018

Textile industry in Vietnam expects high growth rate

HANOI --- The textile and apparel industry has been forecast to have one of Vietnam's highest growth rates over the next 12 years. It's expected the business will grow by 14 percent over the next two years and a further 10 percent up to 2030. Speaking at the 4th Vietnam Textile Summit 2018 held in Hanoion Wednesday, Dr. Tran Du Lich said he believed the future would be bright. "Garment and textile is a key economic sector in terms of employment creation and contribution to exports. It creates 20 percent of jobs in Vietnamese industry," said Lich. This sector has the second highest export turnover and occupies the fifth position in the world. Last year saw goods worth more than US$3...Keep on reading: Textile industry in Vietnam expects high growth rate.....»»

Category: newsSource:  inquirerRelated NewsJul 1st, 2018

Jordan will still have input on Hornets draft day decisions

By Steve Reed, Associated Press CHARLOTTE, N.C. (AP) — Michael Jordan hired proven general manager Mitch Kupchak this offseason to help turn around a franchise mired in mediocrity since he became the Charlotte Hornets’ majority owner eight years ago. But that doesn’t mean the highly competitive Jordan won’t have input on personnel decisions, beginning with the NBA draft on Thursday night (Friday, PHL time). Kupchak said in a pre-draft news conference Tuesday (Wednesday, PHL time) that he’ll have final say in who the Hornets select before quickly adding, “well, with the exception of one person — and obviously that’s ownership.” Kupchak has won 10 NBA championships, including seven as an executive with the Los Angeles Lakers — so he knows a thing or two about building a winning roster. But he’s quickly learning that Jordan, who many consider the best NBA player ever, is still very much a hands-on owner when it comes to the players he employs. And Kupchak understands that. “There is a huge business component to our relationship,” Kupchak said. Kupchak said he has communicated with Jordan on the phone and via text throughout the draft evaluation process. The 55-year-old Jordan arrived in Charlotte, North Carolina on Monday (Tuesday, PHL time) and the two have been studying tape on potential draft picks since. The Hornets, who have failed to make the playoffs three of the past four seasons, have the 11th overall pick in the draft. Kupchak has known Jordan since he was a freshman at the University of North Carolina. However, Kupchak said that while they both are former Tar Heels, he never had considered Jordan a friend prior to being hired this past offseason to replace Rich Cho as Hornets general manager. Since then they have had dinner together and gotten to know each other a little more. He said the relationship has changed for the better. “Hopefully when all is said and done, our other relationship, which is our friend relationship continues to grow and is not altered in any way,” Kupchak said. “There are no favors being done here. We’re friends and I think we’ll remain friends, but the bottom line in this business is success and winning games.” Kupchak was rather forthcoming in the team’s pre-draft press conference Tuesday, (Wednesday, PHL time) saying the does not expect to trade the 11th overall pick. He also said he expects that the handful of top-notch big men will be off the board by the time the Hornets make their selection. “Right now I think the best player on the board is the player we are going to go after — and I’d expect that player to be a guard or a wing,” Kupchak said. “... I think we expect that we will be looking at guards and wings, but we will see.”.....»»

Category: sportsSource:  abscbnRelated NewsJun 19th, 2018

LeBron s free agency decision could swing NBA s balance of power

By Steve Aschburner, NBA.com CLEVELAND -- These combo coronation-funerals can be tricky. Imagine the crowning of a new monarch where the royal subjects couldn’t stop chattering about the freshly deposed or deceased predecessor. Where the traditional cry of continuity and succession, “The king is dead! Long live the king!” got flipped, with what was overshadowing what is. That’s pretty much how it went Friday night (Saturday, PHL time) at Quicken Loans Arena, with the Golden State Warriors’ latest NBA championship having to share the stage with speculation, instantly revved up, about LeBron James and the choice he’ll soon make about his next employer. The Warriors are the kings, claiming pro basketball’s throne yet again by completing a sweep of James’ Cleveland Cavaliers in the 2018 Finals. But of course, James is the King, and as so many of us learned in sophomore English – thanks, CliffsNotes! – “Uneasy lies the head (of those who fret and obsess about the future whereabouts of the NBA superstar) that wears a crown.” Long live the kings! The King is ... gone? There was so much energy before, during and after Game 4 Friday (Saturday, PHL time) poured into the last game/next game conjecture about James, the Cavaliers and seismic shifts in the league’s 2018-19 landscape that even the player’s surprise reveal near the end of the night – a bruised and bandaged right hand – couldn’t derail it. Turns out, as James ‘fessed up, the sore shooting paw was an injury he had been playing with ever since Game 1 in Oakland eight days earlier. He had “self-inflicted” it in a fit of pique when he smacked a whiteboard in the visitors’ dressing room at Oracle Arena after Cleveland’s overtime loss in the series-setter, an outcome driven at least in part by some teammates’ mistakes and an arcane wrinkle in the NBA’s replay rules regarding block/charge fouls. Despite the hordes of media people chronicling every waking detail of the Finals, James had kept the injury on the down-low (along with the possibility that J.R. Smith’s nickname amongst his Cavs teammates might be “whiteboard”). The cameras zoomed in and clicked in a paparazzi frenzy of motor drives every time James raised the hand, wrapped in black tape, above the table during his postgame podium remarks. Whether a legit Page-2-the-rest-of-the-story factor in the championship series or a too-late alibi, the contused hand wound up as a sidebar to where James plans to be using it when training camps open in a few months. As of Friday (Saturday, PHL time), it had been 95 months since “The Decision,” the 2010 announcement that James made in a tone-deaf vanity TV production that he was taking his talents from Cleveland to South Beach. Nearly 47 months had passed since he broke the news of his return in a Sports Illustrated ghost-written essay, envisioning much of what actually has unfolded in the four years since. Now savvy insiders and casual observers alike presume James will be on the move again, pushed to leave the franchise he has defined in an urgent search for more and better talent with which he can compete. As in, y’know, some horses, some horses, his kingdom for some horses. James’ free-agency process next month (he can opt out of a $35.6 million deal in the final season of his current contract) is expected to dictate the market of player movement this summer like an oversized domino. It easily could swing the balance of power, if not quite at Golden State’s lofty level then immediately below it. The monster he helped create Dr. Frankenstein eventually was done in by his macabre creation, and it can similarly be argued that James has no one but himself to blame for the predicament in which he again finds himself. He set in motion the machinery of the super team, after all, when he chose to join forces with Dwyane Wade and Chris Bosh in Miami eight years ago. Oh sure, the Boston Celtics in 2007-08 got there first by luring Kevin Garnett and Ray Allen to join Paul Pierce, but that was about knitting together three stars, all age 30 or older, for what would be their last best chance to win in an extremely limited run. That group won one title, went to two Finals in three seasons and was done, Allen leaving to join James & Co. with the Heat while Garnett and Pierce morphed into trade chips for Boston POBO Danny Ainge. When James, Wade and Bosh teamed up, they were in their basketball primes and their initial giddy boasts of “not four, not five, not six” championships turned off fans league-wide as much for its portent as its pretension. That crew went 4-for-4 in Finals, winning two rings before James, nudged by staleness and chafing as well as his grand plan for northeast Ohio, went home. From there, a line can be drawn through the ill-conceived 2012-13 L.A. Lakers of Kobe Bryant, Steve Nash, Dwight Howard and Pau Gasol all the way to this season’s Houston Rockets of James Harden and Chris Paul and the talent-gorged Golden State roster. James was the centerpiece as Cleveland replicated the Big Three concept around him with Kyrie Irving and Kevin Love, two younger, playoff-stymied All-Stars. The new-look Cavaliers went to the Finals in their first season together and clambered atop the basketball world to win the franchise’s first NBA title by the end of the second, becoming the first team in league history to do so after digging a 1-3 hole in the best-of-seven series. In that moment, regardless of the two Finals trips that followed, James’ bill was stamped: Paid In Full. Misguided fans might burn his jersey if he leaves again, but James burned the mortgage after that Game 7 in Oakland in 2016 as far as any remaining obligation to fulfill. “I came back because I felt like I had some unfinished business,” he said after elimination Friday (Saturday, PHL time). “To be able to be a part of a championship team two years ago with the team that we had and in the fashion that we had is something I will always remember. Honestly, I think we'll all remember that. It ended a drought for Cleveland of 50-plus years, so I think we'll all remember that in sports history.” James added: “When you have a goal and you're able to accomplish that goal, it actually – for me personally – made me even more hungry to continue to try to win championships. And I still want to be in championship mode. I think I've shown this year why I will still continue to be in championship mode.” In other words, James intends to sustain his high level of performance. He expects to win. And he presumably will do whatever – and go wherever – is necessary to achieve that. There’s no perfect fit So what does that mean for the NBA’s best player (never mind what the annual MVP balloting says in any given season)? It means this: compromise. There is no ideal situation, certainly no easy answer to the guesswork surrounding James’ looming free agency. He could transform any of the 30 teams, but not without some trade-offs for him, for them or for both. Most of them won’t be in play. Teams in markets such as Indianapolis, Milwaukee, Portland, Sacramento, the Twin Cities and so on can’t scratch James’ itches for either championship-worthy depth chart or spotlight. New York and Chicago, among the biggies, are out of synch with his timeline. Toronto? No way James is resettling his brand north of the border, and given his stated desire for teammates who have not just sufficient basketball skills but also mental toughness, well, the Raptors teams he and the Cavs have dominated do not qualify. The Boston club that stretched Cleveland to seven games in the Eastern Conference finals is built for the long haul and would have to surrender much of that to adjust to James’ career calendar. There’s a little Kyrie problem lurking there and, truth be told, the Celtics look to be on their way and are doing just fine without the 33-year-old heading, one of these years, toward decline. At some point in each of the 2018 Finals’ final three days, James spoke admiringly of the Warriors and the San Antonio Spurs title teams that blocked his path whether in Miami or Cleveland. He was at it again even as the Warriors were dousing the opponent’s locker room at The Q with Moet champagne. “I made the move in 2010 to be able to play with talented players, cerebral players that you could see things that happen before they happened on the floor,” James said. “When you feel like you're really good at your craft, I think it's always great to be able to be around other great minds as well and other great ballplayers. “That's never changed. Even when I came here in '14, I wanted to try to surround myself and surround this franchise with great minds and guys that actually think outside the box of the game and not just go out and play it.” Where might James find that now or recruit that swiftly? Hard to say. There are asterisks and “buts” everywhere: * If he were to sign with the Houston Rockets, James would be hitching his star to Chris Paul, a buddy with an injury history that’s about the mirror opposite of his own. He would be teaming up with an elite coach in Mike D’Antoni, something he’s never had (though Miami’s Erik Spoelstra was just young and unproven, on his way to big things). But it also would require another big ask of James Harden, who had to adapt last summer to Paul’s arrival and need for the ball. * If James chooses the Lakers, he has the chance to hit reset with the league’s glitziest franchise, in a market that can meet his every off-court wish and where he and his family already own one or more ultra-comfortable homes. The Lakers have young talent to help James transition into a lower-usage veteran’s role, favored status as a destination team for other top free agents and the salary-cap space to get it done this summer with the likes of Paul George or his pal Paul. But that roster might not be capable of insta-contending, which could burn a season or two when James’ clock most definitely is clicking. * If it’s San Antonio, James could link up with the elite coach in Gregg Popovich, where the winning culture is in the DNA rather than some acquired taste. The Spurs have talent, particularly if Kawhi Leonard finds happiness again there. But they might not have enough to rattle the Warriors’ cage. And for all their professed admiration, James and Popovich might both fare better by keeping their relationship long-distance vs. the 82-game grind. * If it’s Golden State? Perish the thought. The NBA might have to board up itself if competitive balance were capsized to that extent. And as Draymond Green shrewdly noted on Thursday (Friday, PHL time), if James climbed aboard, it likely would require him and several other Golden State teammates to be dispatched to parts unknown. * If James prefers to stay East, where the winning comes easier, he could pick Philadelphia. The Sixers have two foundational young stars at positions that matter most, center Joel Embiid and point guard Ben Simmons. But Simmons is a non-shooter at the moment, the antithesis of what makes a great complementary LeBron teammate. As for Embiid, James never has had to play off of and service a top center. And Philly might feel like a basketball-only move, with the hungriest and most demanding of any new fan base he would embrace. * If it’s Miami – wait, could it be Miami? Could he go second-home again? The Heat always strive to be competitive and offer a talent base deep enough for the East and lots of familiarity. But they also have players such as Hassan Whiteside and Dion Waiters whose mental approaches don’t seem to fit the model James was cooing about in Golden State and with the Tim Duncan-era Spurs. * That brings us to Cleveland, where it’s possible James might choose to remain. Staying with the Cavaliers, after leading them to four Finals and that heady 2016 title, would be the easiest choice as far as pressure to win. He owes these fans nothing anymore – in fact, had the bargain been offered to them in 2010 (“LeBron will leave and win elsewhere for four years, but will come back and deliver a championship and four Finals trips”), most would have grabbed it. Here, James and the fans who have watched him even through the interruption develop from ridiculously touted high schooler to one of the world’s most famous athletes could grow older together. Then he could partner up and buy the team from owner Dan Gilbert for a long-term future. Certainly, staying has a certain place in his and the rest of the James clan’s hearts. “The one thing that I've always done is considered, obviously, my family,” he said at series end Friday (Saturday, PHL time). “Understanding especially where my boys are at this point in their age. They were a lot younger the last time I made a decision like this four years ago. I've got a teenage boy, a pre-teen and a little girl that wasn't around as well. So sitting down and considering everything, my family is a huge part of whatever I'll decide to do in my career, and it will continue to be that.” It’s worth noting that as James contemplates his options as a modern pursuer of championship excellence, the prospect of him moving again qualifies at some level as a failure. Not just by the support system in Cleveland, where he and Gilbert have their friction and James gets snidely mentioned as the team’s unofficial GM and head coach, but by him too. He’s the one who went off to seek his “college education” in south Florida in what it takes to win, whether on the court, in the front office or in and around the seams 365 days a year, straight out of the Pat Riley handbook. The teams about which James talks so glowingly in Oakland now and in San Antonio then have cultures he covets, stability up and down the flowchart he craves. In Cleveland, for a variety of reasons, his team has been incapable of establishing and maintaining that to a lasting degree. He is part of that missed opportunity and he has to own it, no matter if he goes or stays. James is inseparable from the dynamic of the Cavaliers’ ever-changing and often melodramatic roster maneuvers. Spending big, swapping out draft picks to import current stars and supporting players, and overvaluing secondary guys like Smith and Tristan Thompson are risks the Warriors and the Spurs largely avoided thanks to shrew drafting and laudable continuity. The Cavs’ scrap heap, by contrast, is high with traded picks, scuttled plans, panic deals, short-term patches and folks such as former coach David Blatt and former GM David Griffin. And maybe James could have nurtured a little better relationship with All-Star point guard and 2016 title sidekick Kyrie Irving, enough to have kept Irving from bailing on them all with his trade demand last summer. Now he’s on the verge of casting about again, prioritizing what matters most for however long he continues to play. James is more at peace with it than he was before, particularly in 2010, and surely can enjoy the leverage he wields and the riches it delivers. But there is a burden there as well, one that could be seen as completing a circle. So many of the NBA’s greatest stars have been stuck playing and living in the Age of LeBron, right? Their paths to the Finals blocked, on one whole side of the league, by him and his? Well, LeBron James is stuck now in the Era of the Warriors, freshly swept and anxious to close the gap. What goes around comes around, though the key more pressing of the big W’s now is, where? Steve Aschburner has written about the NBA since 1980. You can e-mail him here, find his archive here and follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting......»»

Category: sportsSource:  abscbnRelated NewsJun 11th, 2018

76ers president denies blasting Embiid, others via Twitter

PHILADELPHIA (AP) — Philadelphia 76ers team president Bryan Colangelo is denying a report connecting the executive to Twitter accounts that criticized Sixers players Joel Embiid and Markelle Fultz, among other NBA figures. The accounts also took aim at former Sixers general manager Sam Hinkie, Toronto Raptors executive Masai Ujiri and former Sixers players Jahlil Okafor and Nerlens Noel, according to a report by The Ringer. The website asked the team about five Twitter accounts it suspected Colangelo was operating. He said in a statement he used one of the accounts to monitor the NBA industry and other current events, but he was “not familiar with any of the other accounts” brought to his attention and he didn’t know who was “behind them or what their motives may be in using them.” Embiid told ESPN on Tuesday night (Wednesday, PHL time) that Colangelo called him and denied the article. The 24-year-old center also tweeted that he didn’t believe the story. “That would just be insane,” he wrote. Fun night on Twitter lmao.. All jokes asides I don’t believe the story. That would just be insane — Joel Embiid (@JoelEmbiid) May 30, 2018 Yahoo Sports reported Colangelo was standing by his statement to The Ringer. A message was left by The Associated Press seeking comment from the Sixers. Colangelo was hired as president of basketball operations for Philadelphia in April 2016. He also served as Toronto’s general manager from 2006-2013. Colangelo, the son of longtime sports executive Jerry Colangelo, stepped in with the Sixers after Hinkie resigned. He lost his GM job in Toronto after the Raptors missed the playoffs for the fifth consecutive season, and Ujiri took over basketball operations. According to The Ringer, one of the Twitter accounts it connected to Colangelo downplayed Hinkie’s role in the franchise’s turnaround. It also lamented in another post that Ujiri hadn’t done anything to make the Raptors better. Another account accused Embiid of “playing like a toddler having tantrums,” and one criticized Fultz for his work with his “so called mentor/father figure.”.....»»

Category: sportsSource:  abscbnRelated NewsMay 30th, 2018

Top Suppliers Show for Hotel Industry Set for Cebu This June

The Philippine hotel industry continues to thrive with more properties and hotel brands both international and home grown opening up in various parts of the country. In Cebu, the industry is expected to grow even further with the opening of the new international airport terminal in Cebu this year. Experts predict that the number of […].....»»

Category: newsSource:  metrocebuRelated NewsApr 25th, 2018

Brownlee, Balkman help Alab get its first-ever playoff win

History was made on Sunday inside the Filoil Flying V Centre. Getting the better of Saigon, 110-100, in the quarterfinals opener of the 2017-2018 Asean Basketball League, Alab Pilipinas scored its first playoff win in its two years of existence. San Miguel @AlabPilipinas 🇵🇭 claim their first playoff win in franchise history with a win over @SaigonHeat 🇻🇳 110-100.#ABL8Playoffs#MakeHistory pic.twitter.com/BzMCWgEon1 — ABL (@aseanbasketball) Abril 1, 2018 The Filipinos made the playoffs in their maiden campaign a year ago, but got swept in the best-of-three series. Now, they raise their post-eliminations record to 1-2. For American reinforcement Justin Brownlee, the win was special – even though he was a little late in fully grasping its significance. Told that he had just helped the new Philippine representatives to their first-ever playoff win, he reacted, “That was the first-ever? Oh wow!” He then continued, “It’s special, man. It always feels great to be the first to be able to do something.” And one win away from winning their first-ever playoff series, Brownlee said this is just the start for them. “This just shows the character of this team. Hopefully, there’s gonna be a lot more playoff wins in the near future,” he said. Indeed, Puerto Rican reinforcement Renaldo Balkman also said this is far from the end for Alab. As he put it, “It’s a great win tonight, but we gotta take care of business on Saturday so we keep moving forward.” Even Ray Parks Jr., who has been with the squad for both of its two seasons, wasn’t celebrating just yet. “It feels great, but we have to continue to grow. We can’t overlook our opponent because they’re a great team and they got firepower,” he said. That is exactly why, even after the 10-point margin of victory, head coach Jimmy Alapag vowed that his wards will be much more determined and disciplined in Game 2 next Saturday at the CIS Arena in Ho Chi Minh City, Vietnam. “I’m happy we won, but from an effort standpoint, we were far from the sharpest we could be,” he said. He then continued, “That’s on me. We will prepare better for (the next game).” --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 2018

Kings support protesters marching over man shot by police

SACRAMENTO, Calif. (AP) — The struggling Sacramento Kings find themselves in the national spotlight and it has nothing to do with another disappointing NBA season in their sparkling new two-year-old arena. Instead of looking ahead to the draft lottery as they wind down their 12th consecutive losing season, the Kings — like many nationwide — have turned their attention to demonstrators who have joined hand-in-hand on game nights to block entrances to the building. The wave of protests stem from the March 18 fatal shooting by police of Stephon Clark, a 22-year-old unarmed black man. Kings are at the center of the demonstrations but they have embraced their role in the situation and have been supportive of both the Clark family and the protesters. “This organization has really stepped to the forefront and I wanted to use my voice as much as I could to say to try to say what I believed was right and true,” Kings player Garrett Temple said. “There are a lot of different perspectives and a lot of different things to take into account but it’s been a pretty hectic week.” The demonstrations at Kings’ games have brought heightened attention to the protests and could grow in numbers this weekend. Sacramento police shot Clark eight times — seven from behind, according to autopsy results paid for by the family that were released Friday. The Kings play host to the Golden State Warriors on Saturday (Sunday, PHL time). The protests have resonated around the country as large crowds have held demonstrations and marches throughout the city, at one point blocking nearby freeways and surrounding streets in their call for action. Owner Vivek Ranadive made an impassioned pledge of support for the protesters and the community at large following the first round of demonstrations on March 22 after first consulting with his players. The NBA team has partnered with Black Lives Matter Sacramento and the Build. Black. Coalition to create a multiyear partnership that supports the education of young people and to help workforce preparation and economic development efforts in the community. “To see the Kings step up as an organization and start backing other local organizations, that means a great deal,” Temple said. “It shows you that what Vivek said after the game wasn’t just talk, that we really want to step in and help the community with this problem.” Temple, Vince Carter and former Kings player Doug Christie will also join community activists as part of an open forum at a church in south Sacramento on Friday night to discuss the situation and possible solutions. “That’s what it’s all about, raising awareness,” Carter said after a recent game. “Regardless of this being a professional basketball game, the bigger picture and what really matters is what was going on outside and the reason they were out there.” Temple has been one of the most outspoken Kings players since the protests began. “When I was kid being able to listen to an NBA player or see an NBA player, your eyes light up and your ears open,” Temple said. “We have to use that influence that we have in a positive manner.” The protests have been mostly non-violent. Beyond blocking traffic, the demonstrators have created a few problems for businesses in downtown Sacramento. They’ve come at a financial cost for the Kings, too. Protesters have twice blocked entrances to Golden1 Center, forcing the arena into a lockdown mode. Only 2,400 fans made it inside for the March 22 (Mar. 23, PHL time) game against the Atlanta Hawks. Three days later the demonstrators stayed away as the Kings hosted the Boston Celtics but they returned on March 27 (Mar. 28, PHL time) when they took on the Dallas Mavericks and forced another lockdown of the arena and prevented all but 4,000 fans from entering. For a team that has drawn an average crowd of 17,500 this season, the lost revenue from ticket sales alone is more than $1 million by conservative estimates after refunds were offered to those fans who didn’t get in. That doesn’t include lost income from concession stands and merchandise sales. But Ranadive, the first person of Indian descent to own an NBA franchise, said after the Hawks game, “We stand here before you, old, young, black, white, brown, and we are all united in our commitment.” Warriors coach Steve Kerr watched Ranadive’s speech on television in awe. He said, “I was very proud of the way the Kings handled it and the way the NBA handled it.” Other players around the league who have played in Sacramento since the protests began expressed their concerns over the situation while praising the Kings for getting involved, including Harrison Barnes and Dirk Nowitzki of the Mavericks and Terry Rozier of the Celtics. Former Kings players DeMarcus Cousins and Matt Barnes offered to pay for Clark’s funeral. Barnes, a Sacramento native who spent part of last season with the Kings, was also a pallbearer at the funeral and has organized a march prior to Saturday’s (Sunday, PHL time) game against the Warriors. “The beauty of the game is that we have this platform to be able to speak about these things and to be able to speak about police brutality, citizen-police relationships, disproportionate amount of African-Americans getting killed,” said Barnes, who spent his first four seasons playing in Oakland about 90 minutes south of Sacramento. “It’s important that we use that platform to talk about these things “Our hearts and condolences go out to the families of those of both sides that have been affected.”.....»»

Category: sportsSource:  abscbnRelated NewsMar 31st, 2018

Auto sales grow 4% in January

The Philippine automotive industry recorded in January 2018 a 4% sales growth over the same month last year. Based on the joint report issued by the Chamber of Automotive Manufacturers of the Philippines, Inc. (“CAMPI”) and the Truck Manufacturers Association (“TMA”), a total of 31,645 units were sold during the month compared to the 30,425 […] The post Auto sales grow 4% in January appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsFeb 12th, 2018

‘Call of Duty’ rumor: ‘Black Ops 4’ for 2018

This year's entry to the "Call of Duty" franchise will be set in modern times, according to an industry insider. After Activision went back in time with 2017's "Call of Duty: WWII", the franchise's next first-person shooter will stick to modern-day settings. That's according to Marcus Sellars, a Nintendo fan site reviewer and editor, and a self-proclaimed industry insider who correctly predicted the announcements of "Dark Souls" for the Nintendo Switch, as well as Nintendo's intriguing DIY cardboard kit scheme Nintendo Labo. "COD 2018 is Black Ops 4 and is coming to PlayStation 4/Xbox One/Windows PC/Nintendo Switch," he wrote on Twitter. "It is set in the modern times and is...Keep on reading: ‘Call of Duty’ rumor: ‘Black Ops 4’ for 2018.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2018

AboitizPower sees power demand growing by 5%

By Victor V. Saulon, Sub-Editor ABOITIZ POWER Corp. (AboitizPower) expects power demand within the franchise areas of its distribution utilities to grow by 5% in 2018, or better than the growth posted in the previous year, its president said. “For 2018, I think we’re projecting 5[%],” said Antonio R. Moraza, who is also AboitizPower chief […] The post AboitizPower sees power demand growing by 5% appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJan 28th, 2018

BMI: Stability risks rising for PH banks

Philippine banks remain stable but risks are rising on the back of expected higher interest rates, a Fitch Group unit said in declaring a neutral view of the industry. BMI Research, in a report released on Thursday, said bank lending could grow by 14 percent per year until 2019 given healthy risk appetite. Gross domestic [...] The post BMI: Stability risks rising for PH banks appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJan 12th, 2018

Gardening in the New Year: ‘Tyto Online’, ‘Farming Simulator’, ‘Animal Crossing’

It's time for gardeners to get ready for a new year and a new season, and though it may seem surprising, a collection of recent video games offer the chance to learn real-life fruit, veg and flower-growing skills and experience a taste of gardening's benefits in return. In the third of our four-part series, we look at the dreamlike "Gardenarium", offworld vivarium "Earthtongue", friendly campsite jaunt "Animal Crossing: Pocket Camp", sci-fi education "Tyto Online", and agricultural-scale "Farming Simulator". Farming Simulator 17/18 Agriculture, industry and commerce meet in this ongoing franchise of farm sims, with new crops and even an outsourcing mechanism added in "Farming Sim...Keep on reading: Gardening in the New Year: ‘Tyto Online’, ‘Farming Simulator’, ‘Animal Crossing’.....»»

Category: newsSource:  inquirerRelated NewsJan 2nd, 2018

PH exports seen to grow by 12-15% in 2018

The Department of Trade and Industry (DTI) is targeting a 12-to 15-percent growth in merchandise exports next year, hoping the export industry will continue its recovery. Read More........»»

Category: newsSource:  filipinoexpressRelated NewsDec 29th, 2017

Higher coal excise tax may affect growth of manufacturing sector

        The manufacturing sector would find it a "challenge" to grow beyond 10 percent next year if a significantly higher coal excise tax was imposed, Trade and Industry Secretary Ramon Lopez said.   Lopez told reporters in a recent interview that the Senate proposal to increase the coal excise tax by nearly 3,000 percent higher than its current rate would impact the manufacturing sector, at a time when the sector has been growing in the past years.   READ: Senate approves tax reform bill   The trade chief has previously said that the sector is expected to grow beyond 10 percent next year, following the recovery of its...Keep on reading: Higher coal excise tax may affect growth of manufacturing sector.....»»

Category: newsSource:  inquirerRelated NewsDec 6th, 2017

IT-BPM industry to sustain growth

The information technology and outsourcing sectors will continue to grow despite growing threats such as automation and artificial intelligence, an industry group said. Expansion will lead to the generation of around 100,000 jobs per year for a total of 600,000 by 2022, the Information Technology and Business Processing Association of the Philippines (IBPAP) said, Revenues [...] The post IT-BPM industry to sustain growth appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 7th, 2017

BLOGTABLE: One thing you re eager to see in 2017-18 season?

NBA.com blogtable Entering the new season, what's the one thing you’re most eager to see? * * * Steve Aschburner: Let’s face it, I’m working against my own claim to fame when I say I’m eager to see Minnesota end its 13-year playoff drought. After all, all these years later, I remain the only Timberwolves beat writer (1993-2007) to have covered that franchise’s entire postseason run. I’ve given up hope of convincing owner Glen Taylor to bring me back in a phony-baloney $250K job as a combo good-luck charm/“team historian.” So they might as well go ahead and win 50 games under Tom Thibodeau, with Jimmy Butler showing the ropes to Karl Anthony-Towns, Andrew Wiggins and the rest. At least I’ll be positioned to cover Minnesota’s next playoff game. Shaun Powell: I can't wait to see how the new pieces with little to no previous experience playing with each other mesh together. Chris Paul and James Harden. Russell Westbrook and Paul George and Carmelo Anthony. LeBron James and Isaiah Thomas. Not all of them will work. Chances are, somebody's bound to flop, and if so, who will it be? John Schuhmann: Milwaukee's development. With its youth, length and versatility, this could be the next great team in the Eastern Conference. Giannis Antetokounmpo (22 years old) is the league's next top-three player and Thon Maker (20) could has a lot of room to grow as well. Their bench seems thin right now, but the Bucks have the ability to improve both offensively and defensively and approach top 10 rankings on both ends of the floor (and compete for a top 3 seed in the East) this season. Sekou Smith: As intrigued as I was with the idea of the Celtics going into this season, Gordon Hayward's injury just minutes into his first regular season game in green and white has clouded my view. Prayers up for Hayward and on a complete recovery. The goings on in Oklahoma City moved to the top of my list the moment Sam Presti pulled off the deal to add Carmelo Anthony to core group led by Russell Westbrook and Paul George. It's the latest iteration of the "super team" phenomenon that has spread around the league. Unlike some of my scribe friends around the globe, I don't see this as some train wreck waiting to happen. I love the idea of these guys teaming up to challenge the order of things in the Western Conference. Kudos to Sam Presti for being aggressive in his approach and this is a chance for Westbrook and Anthony, in particular, to change some minds about who and what they are as players in this league......»»

Category: sportsSource:  abscbnRelated NewsOct 19th, 2017

Baseball owners approve sale of Marlins to Derek Jeter group

em>By Steve Wine, Associated Press /em> MIAMI (AP) — The Miami Marlins are Derek Jeter's problem now. Major league owners on Wednesday unanimously approved the sale of the woebegone franchise by Jeffrey Loria to an investment group led by Jeter and Bruce Sherman. The deal needed 75 percent approval. A signed $1.2 billion agreement was submitted to Major League Baseball last month to sell the Marlins to a group led by Sherman, a venture capitalist who will be the controlling owner. Jeter, the former New York Yankees captain, plans to be a limited partner in charge of the business and baseball operations. The closing on the sale is expected within a few days. 'I congratulate Mr. Sherman on receiving approval from the Major League Clubs as the new control person of the Marlins,' Commissioner Rob Manfred said in a statement, 'and look forward to Mr. Jeter's ownership and CEO role following his extraordinary career as a player.' The Marlins have endured another disappointing year and are assured of their eighth consecutive losing season, the longest streak in the majors. They'll sit out the playoffs for the 14th year in a row, the longest streak in the National League. They're also likely to finish last in the NL in attendance for the 12th time in the past 13 years, creating revenue constraints that may lead to a payroll purge in Jeter's first offseason as an owner. Among players who might be shopped is major league home run leader Giancarlo Stanton, whose salary will nearly double next year to $25 million in the fourth season of his record $325 million, 13-year contract. The transition to new ownership has already begun, with four well-known Marlins executives told last week they won't be retained. They were special assistant to the president Jeff Conine, who goes by the nickname Mr. Marlin, and three special assistants to the owner — Hall of Famers Andre Dawson and Tony Perez, and former manager Jack McKeon, who led the Marlins to the 2003 World Series championship. Team president David Samson is not expected to be retained. Manager Don Mattingly is a former teammate of Jeter's and may return. Following another loss Wednesday at Colorado, the team's reaction to the approval of the sale was muted. 'Obviously it's going to be a new group and a new thought process, and we'll see where that goes,' Mattingly said. 'We were assuming it was going to get official at some point and then we'll have some type of direction, which way we want to go. But that just hadn't happened yet, so it's hard to react to it.' Loria, 76, became widely unpopular because of his frugal ownership and the public financing that helped build the five-year-old Marlins Park. He bought the franchise for $158.5 million in 2002 from John Henry, part of the Boston Red Sox ownership group that has celebrated three World Series titles. 'Part of the deal is acknowledging when it's time to pass the baton to the next generation, and wish them well in taking things to the next level,' Loria said in a statement. 'With that in mind, I can't think of anyone better suited than Bruce Sherman and Derek Jeter. They are true baseball people, as well as true gentlemen. I have every confidence in their ability as the next stewards of the Miami Marlins to take us to new heights.' Jeter, who lives in Tampa, was a 14-time All-Star shortstop who retired in 2014 after 20 seasons with the Yankees. He has no front-office experience but has long talked of his desire to own a team. Sherman spent much of his financial career in New York and has a home in Naples, Florida. Minority owners are expected to include NBA Hall of Famer Michael Jordan, who will have a small stake. Loria's decision to sell the team became public in February, and Jeter's interest surfaced in April. The Jeter-Sherman group beat out two other groups that pursued the team in the final weeks of negotiations. 'I wish the best to Jeffrey Loria and David Samson,' Manfred said. 'During their tenures, the Marlins won the 2003 World Series, hosted this season's successful All-Star Week at spectacular Marlins Park and eagerly supported our efforts to grow the game internationally.' .....»»

Category: sportsSource:  abscbnRelated NewsSep 28th, 2017

Franchise industry sets sights on becoming top dollar earner

MANILA, Philippines -  The franchise industry is expected to grow faster in the next two years on the back of the sustained expansion of the local economy, f.....»»

Category: financeSource:  philstarRelated NewsJul 6th, 2017

Furniture industry targets double-digit revenue growth

MANILA, Philippines -  The local furniture industry is targeting to grow its revenue by a fifth this year behind strong domestic demand which was fueled prim.....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2017

Motorcycle industry revs up for faster growth this year

MANILA, Philippines - The Philippine motorcycle industry is targeting to grow as much as 15 percent this year as it expects to overtake Thailand’s annual sal.....»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2017