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Property companies deliver mixed results in Q1

By Arra B. Francia, Reporter SOME property developers in the country reported mixed results for the first quarter of 2018, amid sustained demand for residential projects. ROCKWELL LAND Rockwell Land Corp. grew its attributable profit by a fifth in the January to March period to P620 million, higher than the P516 million generated in the […] The post Property companies deliver mixed results in Q1 appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineMay 17th, 2018

Developers report mixed Q2 results

SEVERAL PROPERTY companies reported mixed performances in the second quarter of 2018, with Rockwell Land Corp. posting strong real estate sales, while others saw a drop in revenues. The post Developers report mixed Q2 results appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 21st, 2018

SM Investments nets P26B in 9 months

THE holding firm of country’s richest man Henry Sy, Sr. expanded its earnings by 10% in the first nine months of 2018, as its property, banking, and retail units continued to deliver strong results......»»

Category: financeSource:  bworldonlineRelated NewsNov 7th, 2018

PSEI down

The benchmark Philippine Stock Exchange index slipped on Tuesday as investors took money off the table amid weak sentiments across the region.   The PSEi closed the session down 0.53 percent, or 38.54 points, to 7,197.62 by the closing bell.   The broader all shares index was down 0.34 percent. Trading volume stood at 650 million with shares valued at P5.14 billion.   There were 120 decliners against 74 gainers while 40 companies closed unchanged.   Subsectors also showed a mixed bag.   Mining and oil as well as holding firms ended in positive territory.   The property subindex led losers yesterday with a decline of 1.65 p...Keep on reading: PSEI down.....»»

Category: newsSource:  inquirerRelated NewsOct 23rd, 2018

Conglomerates deliver mixed Q1 results, but outlook remains positive

By Arra B. Francia Reporter CONGLOMERATES are expected to register better financial results this year, as the country’s top firms proceed with expansion programs amid a new tax regime and challenges in their respective businesses. The country’s top holding firms — Ayala Corp. (AC), Aboitiz Equity Ventures, Inc. (AEV), Alliance Global Group, Inc. (AGI), DMCI […] The post Conglomerates deliver mixed Q1 results, but outlook remains positive appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 16th, 2018

Turnover of units at Davao’s Aeon Towers faces delay

DAVAO CITY — Local property developer FTC Group of Companies Corp. is facing a one-year delay in the turnover of units for its 33-floor mixed-use Aeon Towers, but it is embarking on another project, this time a complex of five residential buildings. FTC held the topping-off ceremony for Aeon Towers in late February 2017. At […] The post Turnover of units at Davao’s Aeon Towers faces delay appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 26th, 2018

ONE Championship: Aung La N Sang stops Alexandre Machado to become two-divison champion

23 February 2018 – Yangon, Myanmar: The largest global sports media property in Asian history, ONE Championship™ (ONE), had another memorable and historic evening in Yangon as the capacity crowd at the Thuwunna Indoor Stadium witnessed an amazing display of heart-pounding martial arts action. ONE: QUEST FOR GOLD featured a series of compelling bouts, punctuated by an unforgettable championship clash that left fans on the edge of their seats. In the main event, hometown hero “The Burmese Python” Aung La N Sang scored a quick knockout victory over Alexandre Machado to win the vacant ONE Light Heavyweight World Championship and the GoDaddy Knockout of the Night. In the main event of ONE: QUEST FOR GOLD, “The Burmese Python” Aung La N Sang added yet another accolade to his glowing repertoire of awards as a global martial arts superstar, copping the vacant ONE Light Heavyweight World Championship with a knockout victory over Brazil’s Alexandre Machado. Aung La N Sang got the job done in just 56 seconds, knocking out Machado with a thunderous high kick. With his remarkable conquest of Machado, Aung La N Sang now has both the ONE Middleweight World Championship and ONE Light Heavyweight World Championship titles in his possession. Aung La N Sang, newly-minted ONE Light Heavyweight Champion, stated: “Life is short, we have to make it count. One thing is for sure Myanmar, when we’re united, nothing can stop us. That head kick is what we’ve been working on. I want to thank everyone that helped me out to get here. I’m in here by myself, but this is a team sport. If we’re united and we’re together, we can do anything. I want to be the best and I want to defend these two belts. I’m not just going to hold them and leave.” In the co-main event of the evening, former world title challenger Ev “E.T.” Ting turned in an outstanding performance by routing Costa Rican martial artist Ariel Sexton, solidifying his position once again as a top contender in ONE Championship’s stacked lightweight division. Opening up the three-round contest by taking the action right to Sexton, Ting connected on a series of fast and powerful strikes, pushing his opponent back up against the cage. In the second round, Ting continued to blast Sexton with serious firepower, featuring his best striking combinations. Sexton tried to change the complexion of the bout in the third round, fishing for a finish with a flying knee and a submission attempt. Ting did just enough to pull away slightly in the third after a gruelling match, and came out victorious via split decision. Local martial arts superstar Phoe “Bushido” Thaw turned in a spectacular performance, stopping Cambodian opponent Sor Sey with an emphatic push kick to the face in the very first round. Thaw, a lethwei practitioner, traded explosive strikes with Sor, a khun khmer specialist, right at the center of the cage. When a left hand staggered Sor along the fence, Thaw capitalized on the opening and abruptly ended matters with his next kick. The official finish came at 1:53 minutes of round one, sending the packed Yangon crowd at the Thuwunna Indoor Stadium into a frenzy. In a much-awaited encounter of ONE Championship’s highly-skilled knockout artists, Timofey Nastyukhin emerged triumphant, claiming a unanimous decision victory over Singaporean Muay Thai champion Amir Khan. Nastyukhin exhibited stellar form from the get-go, bombarding Khan with strong overhand rights while looking for the opening to deliver his lethal left hook. Leaning on his heavy hands to overwhelm Khan’s precision striking, Nastykuhin gallantly pushed forward as he threatened to end matters with a flying knee and stifled his opponent with harrowing punches. Nastyukhin punctuated the marquee match-up by outstriking Khan in the third frame, earning an undivided nod from all three judges at cageside. The highly-anticipated bantamweight contest between Japan’s Daichi Takenaka and South Korea’s Dae Hwan Kim ended in a disqualification. After Takenaka took Kim’s back in a standing body triangle, securing a rear naked choke, Kim reacted by spiking Takenaka on his head, which is a prohibited maneuver. The match resulted in a victory for Takenaka, who wins by disqualification. In an intense striking showcase, Myanmar’s Ye Thway Ne and Saw Min Min, two former lethwei practitioners, battled each other in a tremendous three-round war to the delight of a raucous crowd enjoying all the action. The two traded their best offense at the center of the ONE Championship cage for 15 minutes in one of the most exciting striking battles of the evening. In the end, it was two-time Gold Belt Champion Ye Thway Ne who scored the hard-earned victory, winning by split decision by keeping Saw Min Min on the defensive for the majority of the contest. Chinese martial arts ace Li Kai Wen placed himself back on the winning track in emphatic fashion, submitting promotional newcomer Roel Rosauro of the Philippines in just 43 seconds. In an impressive display of ferociousness, Li tagged Rosauro repeatedly with thudding strikes, which eventually sent Rosauro crashing to the canvas. As Rosauro struggled to return to his feet, Li quickly secured dominant top position to wrench his Filipino foe’s neck with a guillotine choke, snaring his first submission victory inside the ONE Championship cage. Indonesian wushu champion Priscilla Hertati Lumban Gaol impressed the crowd with a modified armbar submission of Krisna Limbaga in a female atomweight contest. After taking Limbaga down to the ground and keeping her opponent ineffective on the mat, Lumban Gaol used her legs to execute a straight armbar that forced the tap with less than a minute to go in the first round. Kicking off ONE: QUEST FOR GOLD were female atomweights from Myanmar. Former two-time Myanmar National Boxing Champion Bozhena Antoniyar made quick work of opponent Shwe Sin in a great performance to start her ONE Championship career. At the opening bell, Antoniyar wasted no time in bringing Sin down to the mat swiftly and finished things off with ground-and-pound to score the fastest knockout in ONE women’s atomweight history. Official results for ONE: QUEST FOR GOLD ONE Light Heavyweight World Championship bout: Aung La N Sang defeats Alexandre Machado by Knockout (KO) at 0:56 minutes of round 1 Lightweight bout: Ev Ting defeats Ariel Sexton by Split Decision (UD) after 3 rounds Featherweight bout: Phoe Thaw defeats Sor Sey by TKO (Strikes) at 1:53 minutes of round 1 Lightweight bout: Timofey Nastyukhin defeats Amir Khan by Unanimous Decision (UD) after 3 rounds Bantamweight bout: Daichi Takenaka defeats Dae Hwan Kim by Disqualification (DQ) Flyweight bout: Ye Thway Ne defeats Saw Min Min by Split Decision (SD) after 3 rounds Featherweight bout: Li Kai Wen defeats Roel Rosauro by Submission (Guillotine Choke) at 0:43 minutes of round 1 Women’s atomweight bout: Priscilla Hertati Lumban Gaol defeats Krisna Limbaga by Submission (Armbar) at 4:05 minutes of round 1 Women’s atomweight bout: Bozhena Antoniyar defeats Shwe Sin by TKO (Strikes) at 0:24 minutes of round 1.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2018

Stock Market: PSEi declines on Fed comments, foreign selling

LOCAL STOCKS retreated anew on Wednesday as the second-quarter earnings season wrapped up, with companies reporting mixed results just ahead of the release of the country's economic growth figure for the period......»»

Category: financeSource:  bworldonlineRelated NewsAug 17th, 2016

One Championship looks to make MMA splash in States

By Dan Gelston, Associated Press How many casual American sports fans about a year ago had heard of One? Try none. OK, maybe that's a bit of a reach. But the Singapore-based mixed martial arts organization was an afterthought at best in the United States among the hodgepodge of companies trying to put a dent in UFC's heavyweight share of the combat sports marketplace. Try ignoring One Championship now. After staging shows for seven years across Asia from Myanmar to China, One has come out swinging in the U.S. — throwing millions at big-name free agents, signing a major cable TV deal and raising capital needed to not only keep its grip as the dominant MMA promotion of the East, but perhaps use global expansion to eventually rival UFC as the champ of the West. "They're making a serious push," One fighter Eddie Alvarez said. "I don't think it's going to be long before you can crown them one of the top promotions in the world. They've done everything possible in their favor to become that." Alvarez, a Philadelphia native, should know as well as any fighter about One's commitment to becoming a major player in the U.S. fight game. "The Underground King" has fought for several MMA promotions and made his name in Bellator as a two-time lightweight champion and in UFC where he won the same title in 2016 and headlined the promotion's first card in Madison Square Garden against Conor McGregor. The 34-year-old Alvarez became a free agent after his last fight in July 2018 and decided to explore his options outside UFC. He traveled to Singapore and met One founder and CEO Chatri Sityodtong and learned U.S. expansion plans and acquiring other name fighters were on the horizon, as well as ongoing talks that would broadcast fights in America. Alvarez was impressed, not just by One's outline for the future, but in a multimillion dollar contract offer that he says makes him one of the highest-paid fighters in the sport. "Our deal is more in the lines of a real pro sport deal, like football or baseball," Alvarez said. "The package deal is an eight-figure deal. When we brought that to the UFC to match it, they declined matching it and I had to move forward. I'm happy I did because One Championship is the only major promotion that I have not won and conquered the world title in. It's history and legacy for me." Alvarez was part of a flurry of transactions that put MMA fans on notice that One was intent on becoming a singular sensation. One obtained Demetrious Johnson, the long-reigning UFC flyweight champion better known as "Mighty Mouse," in a trade with UFC — yes, a trade — for Ben Askren. Sage Northcutt, once hailed as a future UFC star, also signed with One. Meisha Tate, a former 135-pound champion in UFC and Strikeforce, has signed on as One's vice president and was set to move to Singapore. One strengthened its roster with notable U.S.-based talent ahead of a North American television deal with Turner Sports. The three-year deal will see One content broadcast on Turner's platforms including TNT, which is received by more than 90 million households in the United States, as well as streaming platform Bleacher Report Live and other Turner properties. Turner, which also broadcasts the NBA and the NCAA Tournament, is set to air 24 events in 2019 on its various outlets. B/R Live will stream One: Eternal Glory on Jan. 19 from Jakarta, Indonesia. That date is already familiar to MMA fans — UFC is running its debut show on ESPN-plus the same night (yet in different time zones). Johnson and Alvarez will make their One Championship debuts on March 31 in Japan in tournament competition. "I'm not the smallest guy in the organization anymore," the 5-foot-3 Johnson said. "In America, everybody always looked at me as a child. I won't have that issue when I'm in Asia competing." More elite fighters could be on their way to One. Alvarez, who said he left on good terms with UFC and President Dana White, has suddenly become quite popular among his MMA peers. "Every fighter in town is sliding into my DMs. What's going on? What are you being offered?" Alvarez said, laughing. Sityodtong, raised in Thailand and a graduate of Harvard Business School, is the self-made multimillionaire entrepreneur behind One. He's made a name as the most powerful MMA executive in Asia and has trained and coached in martial arts. Alvarez was wowed — and wooed — by Sityodtong's approach toward building One into an American MMA juggernaut. "In three years, our goal is 100 million live viewers per event, making us as big as Super Bowl Sunday," Sityodtong said at the press conference to introduce Alvarez. One has been aggressive in establish a U.S. foothold in large part because of an influx of cash from some of the top venture capital firms in the world. Sequoia Capital and Singaporean sovereign wealth fund Temasek helped One secure an additional $166 million in funding in October. One said at the time of the announcement it had exceeded $250 million in total capital base. One also recently announced an exclusive partnership in Japan with TV Tokyo, one of the country's largest national television broadcasters. One could quickly crush Bellator as the No. 2 promotion in the United States with a national TV deal and become a viable option for free-agent fighters — even with no scheduled events in America. Plenty of other promotions are also trying to compete or at least carve out a viable slice of the MMA pie, including the Professional Fighters League, which boasts Kevin Hart and Mark Burnett as celebrity investors, as well as Cage Fury Fighting Championship and numerous promotions that air fights in various disciplines under UFC's Fight Pass online subscription service. Alvarez has a stout belief that the MMA promotion made in Asia can make it in America. "The fans there get it," Alvarez said, "and it won't be long until the American fans here get it, as well.".....»»

Category: sportsSource:  abscbnRelated NewsJan 12th, 2019

Risk-on investor armor at auctions

Anticipation of still lower inflation in the coming months has driven the financial community, particularly fund managers, to park their money into longer-dated benchmarks as indicated by the mixed results on Monday’s Treasury bills (T-bills) auction. When the securities were last sold at auction last year, the BTr rejected all bids for both benchmarks This […].....»»

Category: newsSource:  tribuneRelated NewsJan 8th, 2019

Guiding property investors towards success in 2019

JLL is globally recognized as one of the world's best professional services and investment management firms specializing in real estate. Our research on the Asia Pacific real estate industry in general and the Philippine property market in particular has led us to conclude that 2019 will be a promising year for the Philippine property market. JLL's research has shown that the demand for office spaces and the need for industrial and logistics properties in the Philippines is increasing. Offshoring and outsourcing (O&O) and Business Process Outsourcing (BPO) companies are likely to take up significant office space by 2019 as they expand their operations in the Philippines. The P...Keep on reading: Guiding property investors towards success in 2019.....»»

Category: newsSource:  inquirerRelated NewsDec 21st, 2018

T-bills fetched mixed results

The 91-day Treasury-bills (T-bills) fetched lower rates, while the 182-day and 364-day securities saw higher yields yesterday as investors await for the results of the US Federal Reserve’s meeting this week, according the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsDec 18th, 2018

Mixed results in T-bill auction

Rates fetched by 91-day Treasury bills (T-bills) declined, while rates for the 181-day and 364-day securities rose moderately amid healthy demand from investors ahead of the Bangko Sentral ng Pilipinas’ monetary policy meeting this week, the Bureau of the Treasury (BTr) said yesterday......»»

Category: financeSource:  philstarRelated NewsDec 10th, 2018

Firms less upbeat on expansion, hiring

PHILIPPINE companies are less optimistic with regard to expansion and hiring for the first quarter of next year, data from a Bangko Sentral ng Pilipinas (BSP) survey showed. Results of…READ The post Firms less upbeat on expansion, hiring appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsDec 9th, 2018

Old foes Shevchenko, Jedrzejczyk meet for UFC flyweight belt

LOS ANGELES --- Valentina Shevchenko and Joanna Jedrzejczyk were teenagers when they first fought at the muay Thai world championships in 2006. They met again in 2007 and 2008. Shevchenko won every time. A decade later, the fighters are meeting once again Saturday night, this time under the bigger, brighter spotlight of mixed martial arts at UFC 231. Shevchenko won't go into this high-profile flyweight title fight with any false confidence, not after everything Jedrzejczyk has accomplished since their first bouts. Yet Shevchenko still thinks those long-ago results will make a difference in the octagon in Toronto. "She can say that it's not affecting her, but yes, it's a...Keep on reading: Old foes Shevchenko, Jedrzejczyk meet for UFC flyweight belt.....»»

Category: newsSource:  inquirerRelated NewsDec 7th, 2018

Term deposits fetch mixed results

Yields on term deposits were mixed at yesterday’s auction in anticipation of a possible pause by the Bangko Sentral ng Pilipinas (BSP) from its tightening episode that saw interest rates rising by 175 basis points this year to curb inflation from spiraling out of control......»»

Category: financeSource:  philstarRelated NewsNov 28th, 2018

Exciting new treats at Eton Centris

A revitalized brand now with even more options, Eton Centris continues to intensify its retail mix as it opens its doors to unique retail and dining concepts within the complex. The 12-hectare mixed-use property is currently home to Zubuchon’s flagship store in the north. Quezon City folks can now dig in to a sumptuous meal […].....»»

Category: newsSource:  tribuneRelated NewsNov 28th, 2018

PH shares stay above 7,200

The local stock barometer ended a tad higher on Thursday as foreign flows trickled to local equities. The main-share Philippine Stock Exchange index added 2.93 points or 0.04 percent to close at 7,268.38 while regional markets traded with mixed sentiment. "The main index was able to stay above 7,200 again, however, there was very little trading (of) blue chips. If we don't see a pickup in volume (Friday), we may see it retest support at 7,200 or even break below it," Eagle Equities head of research Christopher Mangun said. The day's slight gain was led by the financial, industrial and services counters. On the other hand, the holding firm, mining/oil and property counters dec...Keep on reading: PH shares stay above 7,200.....»»

Category: newsSource:  inquirerRelated NewsNov 22nd, 2018

Surge in China theft of Australia company secrets – report

SYDNEY -- China has sharply escalated cyberattacks on Australian companies this year in a "constant, significant effort" to steal intellectual property, a report published Tuesday revealed.   The investigation by Fairfax Media and commercial broadcaster Channel Nine comes just days after US Vice President Mike Pence accused Beijing at the APEC summit of widespread "intellectual property theft".   The report said China's Ministry of State Security was responsible for "Operation Cloud Hopper", a wave of attacks it said were detected by Canberra and its partners in the "Five Eyes" intelligence alliance -- the US, Britain, Canada, and New Zealand.   An unname...Keep on reading: Surge in China theft of Australia company secrets – report.....»»

Category: newsSource:  inquirerRelated NewsNov 20th, 2018

SMDC Park Residences presents vibrant lifestyle by the mall

It has since evolved from a municipality that was once dependent on its agriculture and livelihood industries. Today, the City of Santa Rosa is a picture of a booming economic growth center, with growing industries that have helped uplift communities that within and surrounding this first class city in Laguna. It thus comes as no surprise that businesses are seeking to be part of its success story and to cash in on this growth from traditional offices, manufacturing companies, and even national property developers. SM Development Corp. (SMDC), a trailblazer in the middle market residential developments, is one of the real estate companies promising to bring luxurious urb...Keep on reading: SMDC Park Residences presents vibrant lifestyle by the mall.....»»

Category: newsSource:  inquirerRelated NewsNov 16th, 2018

Jett Manuel proud of his boys as UP finally makes UAAP Final Four

Although not being able to personally bring the UP Fighting Maroons to the UAAP Final Four, Jett Manuel was just as happy as he learned of his team's feat. The boys from Diliman have made the postseason for the very first time since 1997, when they were led by the late Bryan Gahol, Joseph "Ogie" Gumatay, and Paolo Mendoza.  Since then, the squad has experienced heartbreak for the next two decades, including a few winless seasons. Manuel, who donned the maroon and white from 2010-16 was not spared from UP's mediocrity, compiling an overall 10-60 record in his five-year playing career, including two 0-14 seasons and the infamous UAAP Season 77 bonfire back in 2014, which celebrated their only win of the campaign. The former team captain admitted that he was following the game while his team, Ginebra, was at shootaround at the Smart-Araneta Coliseum, trying to keep their season alive, facing archrivals Magnolia in Game 4 of the 2018 PBA Governors' Cup semifinals. "Well, I was secretly following the game throughout my pre-game preparation. Di nga ako nag-pre-game shooting para mapanood ko yung game," Manuel shared. UP was already up by 23 when the opening jump took place for Game 3, so Manuel had a good feeling his alma mater had made it and never knew the actual final results until much later. Despite not leaving the bench the entirety of the game, Manuel went home a happy man as the Fighting Maroons downed the DLSU Green Archers, 97-81, while Ginebra forced a Game 4, 107-103. "I’m sad na I wasn’t there in person, but at least I got the win here today." But before some of his former teammates, now the veterans of the squad entered the hardwood, Manuel relayed a good luck message for the team, who were playing at the Mall of Asia Arena. "I spoke to Paul [Desiderio], I spoke to Diego [Dario], to Gelo [Vito] this morning, just telling them good luck, and yung usual ano, I mean, I’m always there for them. I’m just really happy for them. Yun lang talaga." The licensed engineer also shared how he expected that one day his teammates will bear the fruit of his squad's labor, an accomplishment the UP community has eagerly waited for a very long time. "Me personally, leaving UP with that goal na I wanted to leave something behind, leave a culture behind and try to start something, which will eventually lead to this." However, Manuel felt mixed emotions that UP's victory came at the expense of the Green Archers, where his younger brother, Joaqui plays for as a rookie. "...50-50 yung puso ko eh. I’m Maroon-blooded as well as a Manuel. So at the expense of my brother, yeah, I feel sad, but I’m more happy now that finally, finally [UP made it]." __   Follow this writer on Twitter, @philipptionary......»»

Category: sportsSource:  abscbnRelated NewsNov 15th, 2018