Advertisements


Top beef exporters of the world

NEW DELHI --- Over the last five years beef exports have increased worldwide as the demand for meat has increased. USA is the world's top beef exporter. The country's beef exports accounted for 12.9 percent of total production in 2017. The country exported beef worth US$6.2 billion, according to data collected by Canada-based organ firm, World's Top Exporters.   Australia is the second largest beef exporter with exports worth US$5.8 billion. The country has about 3 percent of the world cattle and buffalo inventory and produces 4 per cent of the world's beef supply.   Australia is followed by Brazil which is the third highest exporter of beef. The increase in dem...Keep on reading: Top beef exporters of the world.....»»

Category: newsSource: inquirer inquirerAug 30th, 2018

News Briefs: Nov. 27, 2018

Fuel prices fall for 7th week   Crude oil exporters were likely to hold back production as world prices continued to fall amid a supply glut.   Local oil firms cut pump prices for the seventh straight week, leading to the biggest decline in diesel cost at P2.30 per liter and P1.10 per liter for gasoline.   Shell, Caltex, Seaoil, Total, PTT and Eastern Petroleum had announced the price cuts on Monday.   Monitoring by the Department of Energy showed the latest round of price decline brought diesel costs to a range of P38.72 to P43.59 per liter and gasoline to a range of P43.85 to P54.77 per liter. ---Ronnel W. Domingo   Serge Osmea ple...Keep on reading: News Briefs: Nov. 27, 2018.....»»

Category: newsSource:  inquirerRelated NewsNov 26th, 2018

Cheap Eats Manila: Pepper Lunch Express Glorietta Makati Shimofuri Steak Ribeye Beef Pepper – Manila Video

Cheap Eats Manila: Pepper Lunch Express Glorietta Makati Shimofuri Steak Ribeye Beef Pepper. Pepper Lunch is a “fast-steak” restaurant concept created by Japanese Chef and Inventor Kunio Ichinose in Tokyo in 1994. Currently there are over 350 branches around the world. It was franchised to the Philippines by Chef Jeroen Van Straten’s Benmark Group Holdings… link: Cheap Eats Manila: Pepper Lunch Express Glorietta Makati Shimofuri Steak Ribeye Beef Pepper – Manila Video.....»»

Category: newsSource:  manilainformerRelated NewsOct 11th, 2018

Top women s college players practicing with Team USA

By PETE IACOBELLI, AP Sports Writer   COLUMBIA, S.C. (AP) — Dawn Staley told the U.S. national team players, many returning to college soon, to keep working and improving no matter who is on the court.   Staley, the women's national team coach, held a three-day training camp as players began preparations for the FIBA World Cup in the Canary Islands this month. Many of America's best players are tied up with the WNBA playoffs and Staley brought in several of country's top college players to beef up practice and gain valuable experience before vying for a spot on the Olympic roster.   "We just have to keep moving forward. We can't worry about who we have, who we don't have," Staley said this week. "We have to implement the style of play we want on both sides of the ball and just fill players in."   Some of those fill-ins won't start playing for another two months when the college season tips off. The young camp roster includes guard Sabrina Ionescu and forward Ruthy Hebard of Oregon, Final Four hero guard Arike Ogunbowale and forward Jessica Shepard of Notre Dame and guard Tyasha Harris of Staley's South Carolina Gamecocks.   New York Liberty center Tina Charles is the most accomplished veteran in camp — and the only one with Olympic gold from 2012 and 2016.   Charles, 29, said part of her mission this week is to make the younger players feel as welcome by the veterans as fellow UConn alums Diana Taurasi and Sue Bird did when Charles first played with the national team in 2009.   "I'm trying to do the same thing here, make them feel comfortable, allow them to play their game, talk to them," Charles said. The WNBA playoffs have kept veterans like Elena Delle Donne, Taurasi, Brittney Griner, Breanna Stewart and Jewell Loyd, among others, tied up. Staley said some of those players may join when their pro teams get eliminated.   For Staley, its full speed ahead, no matter how young and wide-eyed some of the faces.   Ionescu was winded after her first practice Monday, trying to pick up the increased pace of the game.   "I think at every level, it just gets harder and harder," said Ionescu, reigning Pac 12 women's player of the year. "They were just definitely a lot stronger, quicker and had a better understanding of the game and adjustments."   Ionescu believes this experience will help when she's older and competing for a national team spot.   Ogunbowale, who hit back-to-back game winners against Connecticut in the national semifinals and Mississippi State in the title game, spent her offseason as somewhat of a celebrity. She was a guest on Ellen DeGeneres' show and on "Dancing With The Stars." At camp, she's simply a rookie trying to soak up lessons.   Los Angeles Sparks forward Nneka Ogwumike spoke to the team before the first practice, urging them to ramp it up early and don't be afraid to compete. "We're all here for the same reason," Ogunbowale said. "We're all here to get better."   Camp ends with a split-squad scrimmage at South Carolina's Colonial Life Arena before they head north for a game with Canada in Bridgeport, Connecticut, on Saturday and another with Japan at in Washington, D.C., on Monday.   The first practice overseas is in France on Sept. 13. The Americans will play three exhibitions in France and head to Tenerife, Canary Islands. World Cup pool play starts on Sept. 22 against Senegal.   Staley's not certain who'll be on the bench when that game starts, but isn't worried about it.   "We have to move forward to the ones that are committed," Staley said. "And that are going to help us compete for another World Cup gold medal."  .....»»

Category: sportsSource:  abscbnRelated NewsSep 6th, 2018

World stocks edge up amid corporate news, US-China spat

BANGKOK --- World stock markets mostly rose Wednesday as investors focused on corporate news and looked past the US decision to follow through with plans to put higher tariffs on $16 billion in Chinese exports. Keeping score In Germany, the DAX was up 0.3 percent to 12,688, while France's CAC 40 was about flat at 5,525. Britain's FTSE 100 gained 0.9 percent to 7,787, driven by a drop in the pound, which helps the country's main exporters and multinationals. Sentiment was also driven by higher earnings at commodities trader Glencore, suggesting the industry is recovering from years of trouble. The future contract for the Dow edged up 0.1 percent while that of the S&P 50...Keep on reading: World stocks edge up amid corporate news, US-China spat.....»»

Category: newsSource:  inquirerRelated NewsAug 8th, 2018

Adventures at Resorts World Sentosa

KISS, hug and give rubdowns to a dolphin. Sip exotic tea while a sizzling slab of Miyazaki tenderloin wagyu beef cooks right in front of you. Sleep in a nature-inspired hotel with swoon-worthy views of a coast. All of these and more await at Singapore’s Resorts World Sentosa. If you’re arriving for the first time–like… link: Adventures at Resorts World Sentosa.....»»

Category: newsSource:  manilainformerRelated NewsAug 1st, 2018

Excited and ready for Shake Shack opening in 2019

  Yes, it's finally happening! Shake Shack is headed to the Philippines in 2019. Known for its Angus beef burgers, chicken sandwiches, flat-top Vienna beef dogs, fresh-spun frozen custard, crinkle-cut fries, craft beer and wine, among other items, Shake Shack has earned a cult following across America and the world over. Originally a hot dog cart in Madison Square Park in New York, Shake Shack has been expanding the past years to Japan, the Middle East, Russia, South Korea, the UK and, most recently, Hong Kong. (The Hong Kong exclusive milk tea shake is delicious!) The SSI Group is bringing Shake Shack to Manila. "This is a testament to our company's vision of enh...Keep on reading: Excited and ready for Shake Shack opening in 2019.....»»

Category: newsSource:  inquirerRelated NewsJul 20th, 2018

PBA players on call as Gilas beefs up pool

MANILA, Philippines – As Gilas Pilipinas reels from the suspension of 10 players, the PBA vows to help the Samahang Basketbol ng Pilipinas (SBP) beef up the national squad for the FIBA World Cup qualifying games.  "Suportado ng team owners, ng governors na magpahiram ng players," said PBA commissioner Willie Marcial. ........»»

Category: newsSource:  rapplerRelated NewsJul 20th, 2018

Drake emerges unfazed with new album ‘Scorpion’ a month after diss track

NEW YORK --- A month ago, Drake's world was crumbling. Now, he's untouchable. Pusha T's infamous diss track --- where he was in full investigative journalist mode, divulging new information about Drake while also shading his mother, father and bestie --- hit Drake hard. Drake's reply --- well, lack thereof, marked a low for the rapper-singer, who had surprised music fans when he won his rap beef with Meek Mill in 2015. But Drake, who has been criticized by some as too commercial and too soft, is back on top seemingly unfazed. And those fans who enjoyed the revelations in Pusha T's "The Story of Adidon" are likely listening to "Scorpion," the highly anticipated, 25-track album b...Keep on reading: Drake emerges unfazed with new album ‘Scorpion’ a month after diss track.....»»

Category: newsSource:  inquirerRelated NewsJun 30th, 2018

World powers to vote on giving chemical watchdog teeth

The Hague — Decision day loomed Wednesday at the world’s chemical weapons monitor as Western powers frantically sought behind closed doors to rally support for moves to beef up the watchdog’s powers. Britain, backed by allies such as the United States and France, is leading a drive to enable the independent Organisation for the Prohibition […].....»»

Category: financeSource:  bworldonlineRelated NewsJun 27th, 2018

Ikea bets big on India but keeps meatballs off the menu

Furniture giant Ikea is set to open its first store and restaurant in India after years of trying but arguably its most famous item is off the menu -- Swedish meatballs. Ikea, the world's biggest furniture retailer, will next month cut the ribbon on a massive 37,000 square metre outlet in the southern city of Hyderabad, complete with a 1,000-seater cafeteria. The restaurant will be Ikea's largest and will cater to local tastes, with religious sensitivities in India dictating that beef and pork, staples of Swedish meatballs, will not be served. "There will be chicken meatballs and vegetarian balls," Patrik Antoni, Ikea's deputy country manager for India, told AFP during an in...Keep on reading: Ikea bets big on India but keeps meatballs off the menu.....»»

Category: newsSource:  inquirerRelated NewsJun 24th, 2018

Mexican players can have beef again at the World Cup

By Carlos Rodriguez, Associated Press MOSCOW (AP) — Mexico's mantra for this World Cup is "No Excuses," and that includes no complaining about the menu. The team brought two tons of food to Russia, along with everything necessary to make their players' favorites, including traditional tacos, cheesy quesadillas and, of course, their hot salsas. When Colombian manager Juan Carlos Osorio took over the Mexico team in 2015, he gathered a staff that includes a mental coach, a kinesiology specialist, a recovery expert and nutritionist Beatriz Boullosa. "Professor Osorio says it all the time, there are no excuses here, he's a man that makes his decisions based on hard facts and he has opened the chance for every one of us in our respective areas to give something to the national team", Boullosa told The Associated Press. "We know that in the past, soccer has been ruled in the belief that: 'since I was a player and that worked, it applies,' but that is not how we run things around here, every decision is based on science." Boullosa has worked for the national teams since 2010. She was part of the staff that won the Under-17 world title in Mexico in 2011, and also worked for the Olympic team that won the gold medal in 2012, but coach Miguel Herrera was not convinced and let her out of the Brazil 2014 World Cup. Osorio heard about Boullosa's work and brought her along to take care of the diet and nutrition of the squad. "Every player has specific needs, not just based on his position but also based on his physique and his performance in training and in games. It's not the same for someone who played 90 minutes, to someone who stayed on the bench, we take every variable into account to make sure every player gets what they need", said Boullosa. The nutritionist is also responsible to monitor the nutrition supplements for the players to avoid any chance of doping violations. She says everything was supervised by a laboratory in Germany before the World Cup. The team did not ingest any red meat from Mexico to avoid any chance of positive tests with clenbuterol, a banned substance that is widely used by Mexican ranchers as a growth-enhancer. In 2011, five players from Mexico's squad tested positive for clenbuterol, among them Guillermo Ochoa, the starting goalkeeper in this World Cup. The country's federation ruled the positive tests were caused by contaminated meat. More recently, Mexican boxer Canelo Alvarez tested positive for the same forcing the postponement of his rematch with Gennady Golovkin. "We started consuming red meat since we arrived in Denmark", Boullosa said. "Players are carnivorous by nature and they are happy to get the red meat back on their diet, and in nutrition terms it was also important because it has great bioavailability and we had it banned while in Mexico". With red meat available, players can now eat all their favorites, and that includes tacos. "We brought a lot of food and we also brought a chef to make every dish as the player likes it, we are making corn tortillas that taste like glory", Boullosa added. "Players ask for their quesadillas and their tacos and that really helps psychologically, because you bring them closest to home". But there can't be a good Mexican taco without their ancestral partner: the hot sauce, an item that also crossed the ocean from Mexico. "We made a spicy chili-peanut sauce that is delicious, and we also have traditional salsas some of the super spicy and some mild ones", added Boullosa. "We also brought cans of beans and corn. We are super loaded.".....»»

Category: sportsSource:  abscbnRelated NewsJun 23rd, 2018

SRA moves to beef up sugar supply for local market

The Sugar Regulatory Administration is boosting domestic sugar supply by reallocating sugar earmarked for exports to stabilize the supply and prices of the commodity in the market. The SRA ordered on Wednesday the immediate conversion of all remaining and unshipped "D" sugar, or those allocated for export to the world market, to "B' sugar, or the stocks for local consumption. The decision was made in response to the call of industry stakeholders who were "alarmed" by the rise in sugar prices, which hit P1,750 per 50-kilo bag (LKg) from the standard rate of P1,450 per LKg. Given the projected decline in sugar production this crop year, prices have been escalating. This was despit...Keep on reading: SRA moves to beef up sugar supply for local market.....»»

Category: newsSource:  inquirerRelated NewsMay 24th, 2018

Pacquiao adds Nonito Donaire Sr. to team of trainers for Mathysse fight

Nonito Donaire Sr., father of multi-time boxing world champion Nonito 'The Filipino Flash' Donaire Jr. was tapped to lend his expertise and beef up Manny Pacquiao's think-tank in preparation for the Filipino's title bid against Lucas Matthysse on July 15 at the Axiata Arena in Malaysia. A week after opening training camp, Pacquiao added Donaire to help out in plotting tactical plans against Matthysse, the reigning WBA welterweight champion from Argentina. "Donaire will serve as one of the assistant coaches," said Pacquiao, who did two trial rounds with the mitts with the father of former world champion Nonito Donaire (Junior). It was Donaire Sr. who trained and honed his son, who later won multiple former world championships in three weight divisions. "So far, so good. I am happy with my current team," said Pacquiao, who took two days off on Saturday and Sunday to rest and relax, coming off a controversial loss last year in Australia against local brawler Jeff Horn. Pacquiao went scuba diving Sunday and was refreshed to do his road work the morning after. Pacquiao is trying to have an all-Filipino line-up in his bid to win his 11th world title against a formidable opponent who has knocked out 36 of his 39 wins or a whopping 92 percent ratio. Matthysse has only lost four times in his career. Long time friend and confidant Buboy Fernandez would still act as head coach along with assistant trainer Raides "Nonoy" Neri. Pacquiao is still about to name another team member soon, the person who will help him in his strength and conditioning. - RELEASE.....»»

Category: sportsSource:  abscbnRelated NewsMay 8th, 2018

NU stars to beef up Batang Gilas

Determined to form the most competitive unit possible for this year’s FIBA Under 17 Basketball World Cup championships, Batang Gilas officials plan to reach out anew to National University officials to get the services of big man Carl Tamayo and heady guard Gerry Abadiano. NU stars to beef up Batang Gilas By Jerome Lagunzad Determined… link: NU stars to beef up Batang Gilas.....»»

Category: newsSource:  manilainformerRelated NewsApr 13th, 2018

Gumabao to use lucky 'No. 19' for Creamline jersey

After her success in the pageant world, Michele Gumabao will be back on the volleyball court to beef up a star-studded Creamline squad for the coming 2nd Premier Volleyball League Reinforced Conference starting May 6. The former three-time UAAP champion will be bringing in the same lucky charm she had when she won the Binibining Pilipinas-Globe crown recently for good measure. Gumabao will be donning the Cool Smasher jersey no. 19, parting ways with her long-time volleyball jersey no. 7 – the number she carried since her college days in De La Salle University. The 5-foot-10 opposite spiker is the newest recruit of Creamline, which is looking to capture its breakthrough title after finishing third in both the Reinforced and Open conferences last year.         She and long-time friend libero Melissa Gohing are reunited after a year following Gumabao’s transfer to Cocolife in the Philippine Superliga in 2017. The duo brought Pocari Sweat together with top hitter Myla Pablo to a sweep of the Open and Reinforced conferences of the defunct V-League two years ago. Unfortunately, for Gumabao, holdover Ivy Remulla has been wearing the no. 7 jersey since last season.   “Every time naman when you join an new team, syempre being a rookie you don’t want to take naybody’s number and Ate Ivy is no. 7,” said Gumabao. “So sabi ko ayoko ng issue siyempre so sabi ko, ‘Sir ako na ang magpapalit siyempre ayoko ng issue. Don’t ask her to change.’” “Kasi even though kilala ka naman on that number, it’s just a jersey number at the end of the day,” she added. “Nagkataon lang talaga na when I’ve been transferring teams the past few years, nagkakataon na walang jersey no. 7 o bagong team talaga. So it’s the first time na I’m joining a team that’s already there.” With her jersey No. 7 already taken, the next option for Gumabao is a no-brainer. “So may jersey no. 7 na so sabi ko, ‘Oh, I’ll just get jersey no. 19 kasi it’s also my Binibining Pilipinas candidate number,’” she explained. “Everything just worked out naman, walang may no. 19 and I’m very happy na I’m bringing the number. Something new, that’s the only thing I want naman no, change,” Gumabao added. “The fans naman I think they'll love it all. At least kilala ka bilang Binibini 19 and jersey no. 19.” Gumabao’s presence adds firepower, experience and leadership to the Cool Smashers bannered by ace scorer Alyssa Valdez and setter Jia Morado.   ---  Follow this writer on Twitter, @fromtheriles      .....»»

Category: sportsSource:  abscbnRelated NewsMar 27th, 2018

I want to see a strong dollar,’ says Trump

Washington, United States --- President Donald Trump waded into the uproar over the US currency Thursday, saying he wants to see "a strong dollar," after comments by his Treasury secretary appeared to signal the opposite and sent the dollar plunging to three-year lows. In comments to CNBC, Trump said Steven Mnuchin's remarks a day earlier, which seemed to favor a weak dollar to help US exporters, "were taken out of context." "Ultimately, I want to see a strong dollar," Trump said, speaking on the sidelines of the World Economic Forum in Davos, Switzerland. That comment sparked a rally in the greenback which had hit a three-year low against the euro earlier in the day, although i...Keep on reading: I want to see a strong dollar,’ says Trump.....»»

Category: newsSource:  inquirerRelated NewsJan 26th, 2018

Indonesia arrests more than a dozen in pre-Christmas terror sweep

JAKARTA: More than a dozen people have been arrested by Indonesian anti-terrorism police, authorities said on Monday, as they beef up security in the world’s biggest Muslim-majority country ahead of the Christmas and New Year holidays. Police said they detained 13 suspected militants in separate, pre-emptive raids over the weekend across the Southeast Asian nation, [...] The post Indonesia arrests more than a dozen in pre-Christmas terror sweep appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 11th, 2017

Tale of 2 cities: Olympics sponsors in Pyeongchang and Tokyo

em>By Youkyung Lee and Mari Yamaguchi, Associated Press /em> SEOUL, South Korea (AP) — The Winter Olympics coming to South Korea in February offer an example of the Olympian efforts often required to meet corporate sponsorship goals. Tokyo tells a different story: The coffers are already overflowing for the 2020 Summer Games. It's a tale of two cities and two Olympics — winter and summer. Pyeongchang is a little-known destination in one of South Korea's poorest provinces. It is the 'little town that could,' bidding twice unsuccessfully for the Winter Olympics before winning on its third try. A final push enabled it to reach its sponsorship target of 940 billion won ($830 million) in September, with just five months to go. Tokyo is an established global capital, and the Summer Games usually generate more excitement — and more money. Organizers have raised 300 billion yen ($2.7 billion) in sponsorship, twice any previous Olympics. International Olympic Committee Vice President John Coates describes it as a remarkable achievement. The divergent experiences of two Asian host cities illustrate the challenges that smaller bidders face, as well as South Korea's dependence on the big family-owned companies that dominate its economy. Not that Tokyo is home-free. The cost of the 2020 Games has nearly doubled from initial projections. As with most Olympics, taxpayers will have to foot a good part of the bill. ___ strong>WHERE 'CHAEBOLS' RULE /strong> Starting with the 1988 Seoul Olympics, South Korea has used mega-events such as the soccer World Cup to raise the profile of the country and its manufacturing exporters. Pyeongchang is different. The project was initiated by local politicians in an area long alienated politically and economically in South Korea's rise to prosperity. Some feared people would confuse the city's name with Pyongyang, the North Korean capital. They couldn't count on the automatic support of the huge family-run conglomerates, known as 'chaebol,' such as Samsung, Hyundai and LG. 'When such mega-events were the nation-state's key project, the chaebol were called on and were expected to become the leading participants,' said Joo Yu-min, a professor at the National University of Singapore who co-authored a book on South Korea's use of mega-events. In the end, the national government brought the conglomerates in, first in the bid process, and then for sponsorship. That underscores both the outsized role they play in the economy and their close ties with government. They owe a debt to special treatment from the government, which in turn used them to industrialize the country after the devastating 1950-53 Korean War. After Pyeongchang's bid was rejected a second time, the government called on Samsung and others to help. The president even pardoned Lee Kun-hee, the patriarch of the Samsung founding family who had been an IOC member but voluntarily suspended his membership after being indicted for tax evasion. The IOC reinstated Lee in 2010 with a reprimand and some restrictions, allowing him to lobby heavily for what became Pyeongchang's winning bid in 2011. It took three years for the organizing committee to sign its first domestic sponsor, KT Corp., the country's second-largest mobile carrier. Again, the national government asked the conglomerates for help. All the major ones signed on, after the office of then-President Park Geun-hye made a special request and multichannel pressures for financial assistance, Joo said. Elsewhere, companies may weigh sponsorship decisions based more on the marketing benefits. 'In South Korea, companies make donations out of a sense of duty that they are being part of the national event,' said Park Dong Min, the executive director overseeing membership at the Korea Chamber of Commerce and Industry. Sponsors who signed up late weren't willing to give as much, because there was less time to enjoy the marketing benefits. A bank that signed on less than a year before the Games significantly reduced its sponsorship. To top it off, a massive sports-related political corruption scandal rocked South Korea in 2016, just when Pyeongchang was making last-ditch efforts to raise sponsorship. 'Companies showed some reluctance' to sponsor the Olympics, said Eom Chanwang, director of the Pyeongchang organizing committee marketing team. 'Nevertheless, they still joined.' The scandal brought down Park, the president. Lee Jae-yong, the heir to the Samsung group, received a five-year sentence for bribery. Lee, who has appealed, had become de facto chief of the Samsung group after his father Lee Kun-hee, the IOC member pardoned in late 2009, fell ill. It was the younger Lee who signed an agreement with IOC President Thomas Bach to extend Samsung Electronics' sponsorship of the Olympics globally through 2020. Samsung declined interviews for this story. With the scandal still fresh in people's minds, major companies have held back from launching full-fledged marketing to promote the Games. 'Samsung traditionally has done consumer marketing through the Olympics, but because its chief is in jail, it cannot do as much these days,' said Kim Do-kyun, a sports professor at Kyung Hee University Graduate School of Physical Education. The Pyeongchang Games were the biggest victim of the scandal, he said. ___ strong>SUMMER OF '64 /strong> The president of Japan's biggest toilet manufacturer was seven years old when the Olympics first came to Japan. TOTO Ltd. made news in 1964 for its prefabricated toilet-and-bath units that helped speed the construction of a luxury hotel, the New Otani, in time for the Games. The company, now known for high-tech toilets that baffle some foreign visitors, is back as a sponsor of Tokyo 2020. 'I feel our company and the Olympics have been bonded by fate,' TOTO president Madoka Kitamura said at a sponsorship signing ceremony at the same hotel last year. The $2.7 billion in sponsorship for Tokyo 2020 is more than three times the original estimate. By comparison, sponsorship revenue was $848 million in Rio de Janeiro last year, and about $1.2 billion for both London 2012 and Beijing 2008. The Winter Olympics typically attract less, though Sochi, Russia, raised $1.2 billion in 2014. Analysts attribute Tokyo's success to both patriotism and a sense of nostalgia for the 1964 Summer Games. They were much more than a sports contest for Japan. They were a moment of pride, marking the country's return as an industrial power after the devastation of World War II and a seven-year U.S. occupation. 'All of Japan still recognizes the unique role that the 1964 Olympics played in Japan's stepping out onto the world stage,' said Michael Payne, a former IOC marketing director who now works as a consultant. 'Many of the CEOs of top Japanese companies would have been young kids back in '64 and are very aware of the role those Games played for the psychological recovery from the Second World War.' They grew up with the high-speed 'Shinkansen' bullet train, inaugurated in 1964; modern expressways and western-style toilets, all symbols of Japan's postwar economic growth. 'Now they have become business leaders, they want to contribute and leave something behind that can be remembered for the next 50 years,' said Masahiko Sakamaki, executive director of marketing for the Tokyo organizing committee. He said that memories of the recovery may have boosted interest in sponsorship, as Japan was still reeling from a deadly 2011 earthquake and tsunami when Tokyo won the bid in 2013. Sakamaki said the organizing committee started receiving sponsorship inquiries as soon as it was established in 2014, before the official start of sponsorship contracts in 2015. There is so much interest that the IOC is allowing Tokyo to have multiple sponsors in some categories, instead of the usual one, including in aviation, newspaper publishing, electronics and banking. TOTO officials won't say how much they are contributing, but media reports say companies in its sponsorship category give between 6 billion and 15 billion yen ($53 million to $133.5 million). Tokyo 2020 wouldn't comment on those reports. 'We believe our presence as part of an all-Japan effort toward a successful Olympics will enhance our favorable brand image,' said Mariko Shibasaki, the company's senior planner for sports communication. Thanks in part to robust sponsorship revenue, the organizing committee has increased its contribution to the cost of the games from 500 billion to 600 billion yen ($5.3 billion). The sponsorship revenue makes up half of the income in the privately-run organizing committee's operating budget. Other revenue comes from the International Olympic Committee, marketing and ticket sales. The overall cost of the Tokyo Olympics is estimated at 1.4 trillion yen (12.4 billion) with the Tokyo government shouldering 600 billion yen ($5.3 billion) and the remaining 200 billion yen (1.8 billion) paid by the national government and local governments hosting events. ___ em>Yamaguchi reported from Tokyo. Associated Press writer Stephen Wade in Rio de Janeiro contributed to this story. /em> .....»»

Category: sportsSource:  abscbnRelated NewsOct 12th, 2017

Arts & Leisure: A carnivore's dream

THANKS TO its unique location in the world's southern hemisphere, Australia has had the luck of having everything going on in there. Bustling cities sit close to great agricultural land, and its sheer size makes for a unique climate, enabling it to grow varied produce. Earlier this week, BusinessWorld, along with other guests were taken to several restaurants by the Australian embassy, the Australian Trade and Investment Commission (Austrade), the Victorian State Government, and Meat and Livestock Australia (MLA) to partake in one of Australia's prized products: beef. This is part of a promotion by the aforementioned institutions, which will run until Aug. 20......»»

Category: financeSource:  bworldonlineRelated NewsJul 5th, 2017

Sharyn's Cansi: World-class beef soup | SunStar - Sun.Star

Sharyn's Cansi: World-class beef soup | SunStar - Sun.Star.....»»

Category: newsSource:  googlenewsRelated NewsJun 8th, 2017