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Standard retail price of basic goods increase

Standard retail price of basic goods increase.....»»

Category: entertainmentSource: pep pepJun 12th, 2018

DA, DTI to set standard retail price for basic agricultural goods

The Department of Agriculture (DA) and the Department of Trade and Industry have decided to set a standard retail price (SRP) for basic agricultural goods to protect consumers from alleged "profiteering" by some players in the industry. Prices of basic commodities like rice, vegetable, fish, egg, poultry, livestock, and sugar have been increasing recently. Agriculture Secretary Emmanuel Piol said traders attribute these increases to rising oil prices and the implementation of the administration's new tax program. But a meeting with the industry's stakeholders revealed that while retail prices are increasing, farm-gate prices for the said commodities remained stable. This reflects a...Keep on reading: DA, DTI to set standard retail price for basic agricultural goods.....»»

Category: newsSource:  inquirerRelated NewsMay 31st, 2018

DTI finds overpriced basic goods; firms may face up to P1-M fine

DTI warned all establishments that administrative fine of up to P1 million shall be imposed on firms committing any illegal act of price manipulation, specifically profiteering after it found 85 counts of pricing over suggested retail prices (SRPs). DTI finds overpriced basic goods; firms may face up to P1-M fine The Department of Trade and… link: DTI finds overpriced basic goods; firms may face up to P1-M fine.....»»

Category: newsSource:  manilainformerRelated News12 hr. 5 min. ago

IMF cautions gov’t on inflation spike

The International Monetary Fund has further raised its inflation forecasts for the Philippines in the next two years and has cautioned monetary authorities to carefully watch the recent faster rate of increase in prices of basic goods. In its Regional Economic Outlook for Asia-Pacific report titled "Good Times, Uncertain Times: A Time to Prepare" released on Wednesday, the IMF projected headline inflation of 4.2 percent in 2018 and 3.8 percent in 2019 for the Philippines. In its October 2017 World Economic Outlook report, the IMF forecast only a 3-percent inflation rate for both 2018 and 2019 even as the upward adjustment also reflected the change in the consumer price index's base...Keep on reading: IMF cautions gov’t on inflation spike.....»»

Category: newsSource:  inquirerRelated NewsMay 9th, 2018

LIST: Price increases since TRAIN

MANILA, Philippines — Prices of basic commodities and goods are expected to increase this year after the Tax Reform for Acceleration and Inclusion Law was en.....»»

Category: financeSource:  philstarRelated NewsJan 18th, 2018

For Adidas and rivals, sponsorships are good business

em>By David McHugh, Associated Press /em> FRANKFURT, Germany (AP) — Multi-million dollar sponsorship deals of the kind between Adidas and the University of Louisville — in focus after a scandal over alleged bribes paid to high school athletes — are not just an effort to burnish the image of sports gear makers. They can be a cost-efficient way to boost sales against tough competition, marketing experts say. Whether in U.S. college sports or European soccer, Adidas and its major rivals Nike and Under Armour reach potential customers more effectively by getting their brands used in the biggest events, say marketing experts. Criminal charges brought last week against an Adidas marketing executive and 9 others drew renewed public attention to the perfectly legal practice of paying university sports programs to wear branded goods. Gatto and others are accused of funneling $100,000 to the family of a high school athlete to gain his commitment to play at Louisville and to sign with Adidas once he became a professional. Louisville and Adidas announced at 10-year, $160 million extension of their sponsorship deal over the summer. That deal is just one among increasingly expensive arrangements. The top recipients this academic year are UCLA with $16.5 million from Baltimore-based Under Armour, followed by University of Texas with almost $12 million and University of Michigan with $9.8 million, both from Nike, according to the Center for Research in Intercollegiate Athletics at the University of North Carolina at Chapel Hill. Payments have risen as the big three competitors bid for exposure that, marketing experts say, can often be more effective and targeted than expensive television advertising. Universities in the top five leagues, or 'conferences' in U.S. sports speak, are in line to get over $200 million this school year, up from around $100 million just five years ago, according to the center's figures. 'Increased investment by Under Armour starting in the 2014-15 academic year, along with continued investment by Adidas, have led to a re-investment by Nike in the intercollegiate athletics space to retain national powers such as Ohio State and Texas, and bring Michigan back into the fold from Adidas,' the center noted in its latest report. George Belch, chair of the marketing department at San Diego State University's College of Business Administration, put it this way: 'It's expensive, but if you want to sit at the table and play the game, you have to ante up.' How much is too much to spend on endorsements? Academics have been trying to figure out what the returns on investment are and marketing experts say the companies surely have their own internal metrics. But 'only they know exactly what the return is,' said Belch. Jonathan Jensen, assistant professor in the sports administration program at North Carolina, notes that the value of sponsorship deals measure the truckloads of equipment given to the schools at retail price, which is far more than the cost to the company to have them produced. 'When you see $250 million, it's not actually $250 million, it's more like $75 million,' he said. And based on what a 30-second commercial costs, having a team wear the company's gear can far outweighs the investment in terms of valuable exposure. That can be money well spent in an era where people can use digital technology to skim past television commercials. 'They don't need to buy airtime,' Jensen said, 'because they are literally part of the event.' On top of that, favorable licensing deals on merchandise mean that the company can earn back much of its sponsorship money solely from fans buying the jerseys. 'The schools themselves are really just in the past two, three or four years getting smart about negotiating and forcing the brands, especially Nike and Under Armour, to pay what they should be,' said Jensen. Similar calculation applies to sponsorship deals outside the United States. Gerd Nufer, director of the German Institute for Sports Marketing in Reutlingen, attempted to figure out how many jerseys companies would have to sell to repay their endorsement deals with national sports teams at the soccer World Cup. He says Adidas needed to see sales of 1.9 million German national team jerseys retailing for around 80 euros in order to make back its 28 million euros-per year sponsorship deal; when Germany won the cup for the fourth time in 2014, 2 million had been sold even before the final match. By contrast, it is unlikely Nike recouped its full $40 million sponsorship with France through direct sales. But it's unlikely that Nike minded much, as its exposure helped its image building more broadly. 'The fact is that building the image of the overall brand and positive halo effects on all branded products of the company is the most important thing,' Nufer wrote in an analysis. That logic was reflected by Nike in its annual financial reports, which indicate it had contractual obligations to pay $1.1 billion in endorsement contracts in 2017. The company, based in Beaverton, Oregon, noted that the costs of sponsorships had risen as competition from rivals had grown. By losing key partnership deals, it said, 'we could lose the on-field authenticity associated with our products, and we may be required to modify and substantially increase our marketing investments.' 'As a result, our brands, net revenues, expenses and profitability could be harmed. ' Adidas says it spent 1.98 billion euros in 2016 on marketing investments, about half of which went for partnerships. That includes events like the World Cup, UEFA's Euro soccer tournament, and the French Open in tennis. And also sponsorships of national federations including Germany, Spain and Argentina plus deals with high profile individuals: soccer stars Lionel Messi, Paul Pogba, and Gareth Bale; basketball stars James Harden and Derrick Rose; U.S. football players Aaron Rodgers and Von Miller, and tennis players Angelique Kerber and Simona Halep. Adidas, based in Herzogenaurach, German, said it was unaware of misconduct in the Gatto case and vowed to fully cooperate with authorities. The company immediately didn't respond to an email inquiry about its sponsorship spending. The company had a good second quarter, with sales beating predictions and growing 27 percent in North America. 'Adidas has been going gangbusters,' said San Diego State professor Belch. 'They are gaining market share on Nike, they have taken away market share from Under Armour in the U.S. market, and particularly in North America they made a tremendous turnaround.' 'So they didn't need this,' he said, referring to the Louisville scandal. 'That's what's really amazing about this.' .....»»

Category: sportsSource:  abscbnRelated NewsOct 5th, 2017

Help poor cope with hard times, Duterte urged

A ranking House leader and the chief of the National Anti-Poverty Commission said more Filipino families were in danger of falling below the poverty line due to the steep rise in the cost of living as they called on President Duterte to either suspend or scrap the controversial Tax Reform for Acceleration and Inclusion (TRAIN) Act.   The Duterte administration's new taxation and economic policies are taking their toll on the country's poor, which comprise 21.6 percent of the population, they said.   Antipoverty Secretary Liza Maza said higher transport fares and rising prices of basic goods would increase the number of families experiencing hunger this year---we...Keep on reading: Help poor cope with hard times, Duterte urged.....»»

Category: newsSource:  inquirerRelated NewsJun 16th, 2018

TUCP petitions for P320 basic pay increase in Metro Manila

One of the country's largest labor centers on Thursday demanded a P320 across-the-board increase in the daily minimum wage for all private sector workers in Metro Manila.   The Trade Union Congress of the Philippines (TUCP) said the current basic pay of P512 was not enough for a Metro Manila household with at least five members to live decently.   If approved, the petition that the TUCP filed in the Regional Tripartite Wages and Productivity Board would bring the minimum wage in the National Capital Region to P832.   This will "help restore the purchasing power of their wages, to cover the further increases in prices of basic goods and services, and to co...Keep on reading: TUCP petitions for P320 basic pay increase in Metro Manila.....»»

Category: newsSource:  inquirerRelated NewsJun 15th, 2018

DTI adds more stores for price monitoring

The Department of Trade and Industry (DTI) has expanded the coverage of stores under its market monitoring to ensure reasonably-priced basic goods and prime commodities......»»

Category: financeSource:  philstarRelated NewsJun 9th, 2018

Rody OKs rice imports to augment NFA buffer

By Ted Tuvera and Angie M. Rosales President Duterte has allowed the National Food Authority (NFA) to import 250,000 metric tons of rice amid reports of a shortage in government stock of the staple grain.Inter-agency NFA Council chairman Cabinet Secretary Leoncio Evasco said Mr. Duterte has allowed the importation aside from an expected shipment of 325,000 MT of rice in February.“We have no option but to follow the President to activate the 250,000 MT on standby that will be on top of the 325,000 MT that will arrive anytime this month,” Evasco said.It turns out, however, that Presidential spokesman Harry Roque missed the President’s instruction to Evasco.Talking to reporters at Palace briefing, Roque said there is no need to import rice yet. “The point is, there’s already rice on its way, no need to authorize the standby order of 250,000 MT because there’s more than enough rice on its way to beef up the NFA stock,” Roque said. Claiming that there is no rice shortage, NFA administrator Jason Aquino said he plans to import rice to replenish the buffer stock.Notably, Evasco and Aquino had been at odds with each other on what mode of rice importation should be done.Evasco cited elements inside the NFA that manipulate importation processes to make money from it.Roque said that Evasco has nonetheless the trust of Mr. Duterte.“If he [Evasco] sees that there are rumblings because somebody wants to make money, so be it, but I’m happy that Secretary Evasco is on top of the situation,” Roque said. “He enjoys full trust and confidence of the President, that’s why until now the President has not commented on this issue because he trusts that Secretary Evasco will do what is best,” he added.Binay: ‘Get your acts together’Sen. Nancy Binay, however, urged agriculture officials to get their acts together on the reported shortage in rice supply of the NFA.Binay took note of the conflicting claims of NFA and Department of Agriculture (DA) officials on the status of NFA rice supply in the market.“My call is for them to hopefully talk. They should stop talking behind the back or blaming each other. It’s high time that they talk and settle the forecasting on the country’s rice stock,” she said.“I hope that DA (Department of Agriculture) Secretary (Manny) Piñol, the NFA Council, and the NFA leadership would sit down and discuss this matter. They should give priority to the need of the nation more than the internal issues among the different agencies,” Binay said.NFA spokesman Rebecca Olarte, last week, said that NFA-accredited rice retailers will not be able to sell NFA rice for the time being and confirmed that it has decided to temporarily discontinue issuing NFA rice to accredited retailers due to low supply.Piñol and Evasco belied the rice shortage, insisting that there is no shortfall on the rice supply in the country and they even said that there are enough stocks for consumption for the next 96 days.“My only concern is that we do not need to reach the stage when the poor can’t buy NFA rice. I guess it is a wakeup call for everybody,” said Binay.The senator herself attested the apparent lack in supply of NFA rice as she tried to purchase some for distribution as relief goods and was told that the price increased from P1,400 to P1,600 per sack.Binay supported the move taken by Sen. Cynthia Villar in conducting an investigation on whether there’s “artificial” rice supply shortage to effect an increase in the price of NFA rice in the market.Meanwhile, the government is expecting palay or paddy rice harvest of 3 million metric tons in the first quarter, which will augment the 2.8 million metric ton surplus from 2017, Agriculture Secretary Emanuel Piñol told DZMM.Piñol said there was no shortage in subsidized rice sold by the NFA, adding raising prices due to an alleged lack in supply amounted to “daylight robbery. Jason Faustino.....»»

Category: newsSource:  tribuneRelated NewsJun 7th, 2018

DTI expands monitoring of prices to more stores

As suspicion mounts on the role of profiteers in the steady rise in the prices of basic goods, the government is expanding its price monitoring activities to include 600 stores in Metro Manila and 500 in the provinces......»»

Category: newsSource:  philstarRelated NewsMay 31st, 2018

DTI expands monitoring of prices to more stores

As suspicion mounts on the role of profiteers in the steady rise in the prices of basic goods, the government is expanding its price monitoring activities to include 600 stores in Metro Manila and 500 in the provinces......»»

Category: newsSource:  philstarRelated NewsMay 31st, 2018

DOLE to study minimum wage hike, cash subsidy for Filipino workers

MANILA, Philippines – Labor Secretary Silvestre Bello III on Monday, May 28, said the Department of Labor and Employment (DOLE) will study a possible increase in minimum wage, amid increasing prices of goods. Bello said he had instructed wage boards to closely monitor the increasing prices of basic commodities, which ........»»

Category: newsSource:  rapplerRelated NewsMay 28th, 2018

Filipinos hit by steep price increase

MANILA: Millions of Filipinos have admitted they are suffering from the steep increase in the prices of basic commodities, prompting President Rodrigo 'Rody' Duterte to order concerned go.....»»

Category: newsSource:  philippinetimesRelated NewsMay 28th, 2018

DTI: Price compliance at 100%

Price compliance among manufacturers of basic goods and commodities has remained at 100 percent amid fears that some businessmen are taking advantage of soaring global crude costs and the effects of the Tax Reform for Acceleration and Inclusion (TRAIN) law......»»

Category: newsSource:  philstarRelated NewsMay 27th, 2018

Price increase expected in paper-based school supplies — DTI-Davao

NOTEBOOKS AND other paper-based products are expected to increase as consumers begin buying supplies for the school opening in June. “We are expecting the release of SRPs (suggested retail prices) for the school supplies this week, but before its release there are words already that there will be increases in the prices of notebooks and […] The post Price increase expected in paper-based school supplies — DTI-Davao appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 17th, 2018

DTI imposes price freeze on goods in Boracay

AKLAN, Philippines – The Department of Trade and Industry (DTI) has imposed a price freeze on basic commodities in 3 barangays of Boracay Island that are under a state of calamity. The automatic price ceiling and regular monitoring of prices are pursuant to Proclamation No. 475 signed by President ........»»

Category: newsSource:  rapplerRelated NewsMay 11th, 2018

BSP raises key interest rates

After standing its ground despite rising inflation since the start of the year, the Bangko Sentral ng Pilipinas finally raised its key interest rates yesterday, saying that prices of goods and services might continue rising beyond its original forecasts for this year and next. In a briefing, BSP Governor Nestor Espenilla Jr. said the policy making Monetary Board decided to increase its overnight rate by 25 basis point to 3.25 percent---its first hike since September 2014. More importantly, the central bank hinted that its finger was on the trigger, ready to fire off another rate hike "as necessary to ensure the achievement of its price and financial stability objectives." "In de...Keep on reading: BSP raises key interest rates.....»»

Category: newsSource:  inquirerRelated NewsMay 10th, 2018

Draw of another title lights postseason path of Warriors

By David Aldridge, TNT Analyst One of the Golden State Warriors’ people, walking out of Smoothie King Center Sunday (Monday, PHL time), summarized the team’s season so far in detailing Kevin Durant’s 38-point performance against the Pelicans in Game 4 of the Western Conference semifinals. “Sometimes, people forget,” he said, a wry smile on his face -- and, yes, they do. With all that has gone on around the league this season, the Warriors’ storyline hasn’t been quite as eyeballed nationally this season compared with previous years. (Not that they should care. It’s just an observation.) The Cleveland Cavaliers blew things up last summer and reformed in the fall, blew it up again in the winter and reformed again in the spring. The Boston Celtics are displaying amazing resilience through seemingly devastating injuries to put themselves on the brink of another conference finals. The Philadelphia 76ers have their Fun Bunch. There was Paul George’s trade to Oklahoma City (and all that entailed, now and later) and the Toronto Raptors’ dramatic and successful changes throughout the year. And, at the forefront, there was the Houston Rockets’ rise as a legit and serious challenger to the Warriors in the Western Conference. During the regular season, the Warriors’ energy and productivity dropped off ever so slightly, like the planet killer in “The Doomsday Machine,” one of the all-time best original “Star Trek” episodes, after the doomed Commodore Decker drove a Shuttlecraft right down its throat. (Of course, Captain Kirk figured out to destroy it. Dude, come on. This is James Tiberius Kirk we’re talking about.) And at the end of the regular season, they were hit with a series of body shot injuries: Stephen Curry’s MCL strain, Durant’s ribs, Klay Thompson’s thumb injury, Draymond Green’s hip, and on and on. Those all sapped their continuity and made them look mortal down the stretch of the 2017-18 season, and the Warriors went 7-10 as the season waned. But, after dispatching the Kawhi Leonard-less Spurs in five games in the first round, and taking a 3-1 lead on the Pelicans now, they’re again on the precipice of the Western Conference finals. A date with Houston is looming and a chance at a third title in four seasons is still on their racket. “I think as the playoffs go on, every series requires a different intensity level,” Green said last week. “I think we met that standard that it takes to win playoff games at the level we’re at right now, which is the second round. It’s not our first rodeo. We’ve been here a lot of times and we know what it takes.” Steve Kerr rolled the “Hamptons Five” lineup out Sunday (Monday, PHL time), the Lineup Formally Known as Death -- Curry, Thompson, Andre Iguodala, Green and Durant. It’s been their trump card for almost two years, the lineup that can’t be solved by the opposition, even as it’s chipped away at most of Golden State’s other conventional units. Durant went for 38, and the Warriors rolled to a 118-92 win and a 3-1 series lead. They didn’t use it much this season -- that quintet only played 127 minutes together this season, after logging 224 minutes last season -- because of all the injuries, because they tried to limit their biggest players’ minutes and because using Iguodala as a starter thins out Golden State’s bench. The Warriors’ most frequently used five-man unit this season featured Zaza Pachulia at center; among five-man units leaguewide that played 200 minutes or more together this season, per NBA.com/Stats, that quintet was third in the league in Offensive Rating, at 118.6. But Pachulia hasn’t played a minute in the playoffs, and if the Rockets are the Warriors’ next opponent, he may not play much then, either, against Clint Capela. Kerr often points out that the Warriors have six centers on the current roster, and most of them have gotten at least a little run at various points. But after JaVale McGee was ineffective in Game 3 against New Orleans Friday (Saturday, PHL time), Kerr pulled his trump card. It’s still a game-changer, and when a season comes down to a best-of-seven series, one game can be the difference. “We all bring the best of each other,” Curry said of the Hamptons unit. “We increase the pace of the game, but the versatility [is] at the defensive end -- Andre, Draymond, KD shoring up the paint, switching a lot of the screens and the action from the offense and Klay doing what he does on the perimeter. I think the biggest thing offensively is that we’re all playmakers, try to look for the best shot, stay within ourselves and just make the right play.” Going back to the old playlist may give the Warriors comfort in what has been another drama-filled season, with the contretemps about being disinvited from the White House by President Trump in September getting things off to a rollicking start. But the end of the season was what raised eyebrows around the league. Curry’s absence down the stretch combined with a teamwide ennui -- “I really don’t like talking about it,” Thompson said -- that gave potential playoff opponents hope they might be able to catch Golden State napping. The Warriors’ boredom showed up most at the defensive end. After being in the top seven in both unadjusted and adjusted Defensive Rating in each of the last four seasons -- including first in the league in both categories in the first championship season of 2014-15 -- Golden State fell to 11th and 12th, respectively, in the regular season. They came out of the All-Star break focused -- they were fifth in the league in Defensive Rating on March 1. But all the injuries blunted their momentum, and the scariest of all -- a serious injury to second-year guard Patrick McCaw in Sacramento March 31 (April 1, PHL time) -- shook the team more than people on the outside realized. “Throughout that time, we had spurts,” Durant said. “We played a great OKC team. We went in there and won. Then we lost to Indiana by 20, and then it’s like, when you’re riding just on emotion a lot, you tend to go up and down. It’s like a roller coaster. I think that’s what it was. We had those spurts where we played well and played a focused game, but then Patty goes out, boom, and there was just so much that went on with that. Then Steph goes out with a freak injury. So much went on with that. I think we were just so up and down emotionally it kind of blinded us from our goal, which was to be good every single night as basketball players.” McCaw’s injury -- a bone bruise suffered when he fell after a dunk attempt against the Kings, which required him to be carried off the court in Sacramento on a stretcher -- hit everyone hard. “When Pat got injured, I think that took a little bit out of us,” Durant said. “It took a little bit out of Steve as well. You could just feel it, when Steph went out, then I went out, then Draymond, then Klay. Our emotions were so up and down. When your emotions are, you have too many emotions in the game of basketball, it can kind of blind you from what you really have to do. This is a technical game. So when you put too many emotions into it, it kind of took us away from what we wanted to do.” McCaw, who played in 57 games this season, was not only a part of Kerr’s rotation. He is also a well-liked person who was getting better on the floor. He was re-evaluated last week and will be checked out again in a month. Though he’s been traveling with the team during the playoffs, his season is almost certainly over. And as his injury came during the Warriors’ many injuries down the stretch, its chilling effect was multiplied. “It definitely got to everybody,” Green said. “Kind of the uncertainty of not knowing what’s going on with him. The rotations. Everybody’s like, ahh, kind of tiptoeing around, trying to make sure you get to the playoffs healthy. A lot of that makes a difference. I mean, that’s our brother. To see him down like that, not be able to walk off the court under his own power, him not being around us for two or three weeks, it was kind of like the unknown. It sucked. And I think it definitely had an effect on everything.” But Durant doesn’t like the metaphor of the proverbial switch being turned on at playoff time explaining the team’s improvement the last couple of weeks. “I don’t like when you call it a switch,” he said. “Because guys come in and get extra work in every single day. They work on their bodies every day, they get treatment. You come in here any time, you see guys in here working on their games. I think when you say ‘a switch turned on,’ if guys went cold turkey on everything as professionals during the season, and just tried to pick it up in the playoffs, I think that’s turning on a switch. Mentally, focus-wise, game plan-wise, I think you can turn on a switch, because you can lock in on an opponent, you know their tendencies, you can just focus in on one group of players instead of one day it’s San Antonio, the next day it’s Phoenix, next day it’s Sacramento. You’re going so up and down. If that makes sense. “So I think everybody’s putting in that work individually all year, and as a team, you know, stuff has to come together. We have to focus in on what we need to do, game plan wise, tendency wise, just try to take away things. I think that’s where you kind of turn it up just a bit.” Golden State has performed in fits and starts in the first two rounds. The Spurs didn’t have enough firepower to be a serious threat, but they played hard and were increasingly effectively on defense as the series went on. The Warriors didn’t really have an answer for LaMarcus Aldridge after Game 1. New Orleans had, until Sunday (Monday, PHL time), been more and more successful at making the Warriors shoot contested shots. That certainly gibes with Curry’s return after five weeks. He’s healthy, but rusty. After his adrenaline-filled return last Tuesday (Wednesday, PHL time) in Game 2 against the Pelicans, he made just 14-of-33 from the floor in the two games in New Orleans. There was talk afterward about breakthroughs for Curry cardiovascularly. The next few games will tell whether Curry is truly recovered and ready to be two-time Kia MVP Steph … or will he just be on the floor (as he was for long and important stretches in the 2016 playoffs after returning from a Grade 1 knee sprain). The Warriors still made The Finals, but Curry wasn’t Curry against Cleveland, and everyone, starting and ending with LeBron James, knew it. No one in NBA history has changed the geometry of basketball more than Curry, and when he’s on the floor, the ball starts flying around. “Our formula is simple: if we out-pass people, we win,” Warriors forward David West said. “Ball movement. With guys going in and out of the lineup, it causes moments where guys try to carry the load, maybe try to shoulder the load individually. But the strength of the group is the group.” But the Warriors can still throw so many different things and people at you. Iguodala shot a career-worst 28.2 percent on three-pointers in the regular season. He’s at 39.3 percent in the 2018 playoffs. Does anyone doubt he was biding his time until the postseason? No one wearing an NBA uniform is in better shape than the 34-year-old Iguodala, no one is smarter about the game or matchups, and no one is a prouder, fiercer competitor. The 2015 Finals MVP brings his bag of intangibles with him on the road even more than at home, as he did Sunday. In that game, he was making life miserable for the Pelicans’ Nikola Mirotic, creating deflections, making the right reads and impacting the game despite scoring just six points. Kerr likened him to Scottie Pippen after Game 4, but Iggy wasn’t buying it -- “Steve just does that to make sure I don’t get mad ‘cause I don’t shots,” Iguodala quipped. He may be right. But Iguodala and Green have a mind meld defensively that’s at the heart of the Hamptons’ effectiveness. “Andre and I, we’re usually on the same page,” Green said. “Two guys who really think the game, especially on that side of the ball. Sometimes we can talk things out and it works perfect and not say a word, and know what each other’s going to do. It definitely helps our team out defensively kind of having two coaches out there on the floor on that side of the ball.” Whether it’s switching to guard each other’s man, running at an open shooter to close before the ball gets there with the other man rotating, they know what the other guy is going to do. And that second or so the Warriors save defensively keeps them from being broken down. “How fast can you make that decision?,” Green says. “How demonstrative are you going to be about that decision? Are you going to second guess that decision? That’s usually when it doesn’t work; if you’re going to go, just go. That’s kind of the motto that Andre and I go by. If you’re going to go, just go; everybody else fall in line and rotate, and we’ll work it out from there.” And while Green and Rajon Rondo have been exchanging pleasantries throughout this series, Green didn’t pick up his first postseason technical foul until Sunday (Monday, PHL time). He’s been under control, coming up to the edge without going over. Someone without access to the internet asked Kerr if he’d ever played with anyone who instigated or tried to get under the skin of opponents. It’s a testament to Kerr’s comic timing that he actually did wait a beat before answering. “I did play with Dennis Rodman,” he said. Never be fooled by Kerr’s overall pleasant disposition and quick-with-a-quip acuity, though. He is a fierce competitor that wants to win big, the same as his current point guard, who is similarly underrated on the competition scale. Kerr has seven rings as a player and coach, and it’s not a coincidence he’s frequently been around teams that got it done in June. But the Warriors are playing for even bigger stakes than just winning the 2018 title. Legacies are created this time of year. A third title in four seasons, with four straight Finals appearances, would put Golden State in very rarified air in the modern game. San Antonio won three titles from 2002-07. But the Spurs, famously, never have won back-to-back titles. The Kobe Bryant-Shaquille O’Neal-led Lakers, which won three straight from 2000-02, are the closest modern-day team to pulling off what the Warriors are trying to accomplish. Before then, you’re talking about the Michael Jordan-led Chicago Bulls, with six titles in eight seasons -- the two non-title seasons coinciding with Jordan’s sojourn to the minor leagues of baseball. Moreover, the Warriors are the hub around which the modern NBA now spins. And that is an even bigger legacy. Almost everyone (hi, Thibs!) tries to play the way Golden State does now -- the quick hitters, ball movement, pace. Teams do it in different ways. The 76ers look very different than the Warriors, with Joel Embiid their centerpiece of operations, and with 6'10" Ben Simmons taking up so much space with the ball in the halfcourt. The Rockets look different still as there’s not a ton of ball movement. There’s just an unending series of screen and rolls with Chris Paul and James Harden with the rock, looking for the inevitable open man in the corner or way, way behind the three-point line. A lot of things have happened the last 15 years to lead us where we are now. The league changed almost all the rules regarding zone defense, and got rid of almost all defensive contact on the perimeter. Rockets GM Daryl Morey and others led the burgeoning analytics movement, which championed shooting more and more three-pointers as a primary means of scoring, not as a novelty. Mike D’Antoni’s Phoenix Suns went with Amar’e Stoudemire at center, surrounding him with four smalls that could all shoot it from deep, and scoring came out of its coma leaguewide. Kerr and Pelicans Coach Alvin Gentry have always been quick to credit D’Antoni’s influence on the modern game, starting in Phoenix and working through his current team in Houston. “He’s the guy that just eliminated the center position -- let’s just go small and fast and shoot more threes,” Kerr said of D’Antoni. “I was inspired by Mike, but I was also inspired by Pop (the Spurs’ Gregg Popovich) and Phil Jackson in terms of basic ball movement, screening. But pace is the name of the game these days, and people go about it in different ways. Ironically, Mike’s team (in Houston) is the slowest team in the league now. I didn’t see that coming.” But no one has put all of it together -- pace, small ball, shooting and defense -- like the Warriors have the last four seasons. The Rockets are the closest thing we’ve seen to Golden State, and they’re hungry, and they’re coming. And the Warriors and Rockets are just a win apiece away from seeing the clash of the Western Conference titans. They are in the middle of it, so they can’t stop and think about what it all means. We get that. But everyone wants to put a marker out there that’s hard to catch. LeBron is chasing a ghost. The Warriors have already made their mark on the game. They’re almost in position to do more. History is forever. “It’s important, because it’s what’s right in front of us,” Curry said Sunday. “We don’t think about the historical context of anything. For us, we have an amazing group of guys, amazing coaches sitting behind us. We’re appreciating the moment. That’s really all it is. You have tunnel vision for Game 5 at home, then a new series, hopefully (after that). The historic context doesn’t really seep into the locker room when it comes to what that means. It’s just about this year.” Longtime NBA reporter, columnist and Naismith Memorial Basketball Hall of Famer David Aldridge is an analyst for TNT. 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 NewsMay 8th, 2018

April inflation hits 4.5%, fastest in over 5 years

Consumer prices rose 4.5 percent year-on-year in April, the fastest pace in over five years, the government reportedon Friday.   As such, the headline inflation rate averaged 4.1 percent in the first four months, breaching the government's 2-4 percent target range.   In a report, the Philippine Statistics Authority attributed the faster upsurge in prices of basic goods to the increase in the following commodity groups:   alcoholic beverages and tobacco (up 20 percent); clothing and footwear (up 2.2 percent); housing, water, electricity, gas and other fuels (up 3 percent); furnishing, household equipment and routine maintenance of the house (up ...Keep on reading: April inflation hits 4.5%, fastest in over 5 years.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2018

Consumer group calls for regulation of price hikes after TRAIN

A consumer group has called on government to regulate the continuous increase in the prices of goods and services partly brought about by the Tax Reform for Acceleration and Inclusion’s (TRAIN) additional taxes. “Aside from scrapping the TRAIN law’s collection of indirect taxes from poor Filipinos, SUKI suggests that agencies responsible in facilitating the delivery […] The post Consumer group calls for regulation of price hikes after TRAIN appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 27th, 2018