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World Bank: More Philippine firms report unfilled vacancies as demand for soft skills rises

MANILA, Philippines — More Philippine companies have reported inadequate workforce due to lack of qualified candidates, according to a World Bank report that.....»»

Category: financeSource: philstar philstarNov 23rd, 2017

World Bank: More Philippine firms report unfilled vacancies as demand for & apos;soft skills& apos; rises - Philippine Star

World Bank: More Philippine firms report unfilled vacancies as demand for 'soft skills' rises - Philippine Star.....»»

Category: newsSource:  googlenewsRelated NewsNov 23rd, 2017

The Mindanao Trust Fund: Supporting Reconstruction and Development in Conflict-affected areas in Mindanao

MAGUINDANAO – Conflict-affected communities in Mindanao are among the poorest in the Philippines suffering from poor infrastructure and lack of basic services, including education and health, weak local governance, and minimal private sector investment, according to a report by the World Bank. It said insecurity has been a major challenge. Frequent armed clashes driven by multiple and inter-related forms of conflict—insurgent groups, clan disputes, and quasi-ideological criminal banditry—have created severe economic dislocation and displacement of people. Armed conflict and poverty are inextricably linked. The Autonomous Region in Muslim Mindanao (ARMM), one of the most heavily conflict-affected regions, has poverty incidence of 52.9 percent, almost double the national average. Based on the peace deal with the Philippine government in 2012, the Moro Islamic Liberation Front (MILF) is expected to transition into a social and political movement. One of the key challenges for a successful transition is to help the MILF build development planning, budgeting, and public administration skills within its ranks. The Mindanao Trust Fund or MTF works to enhance access to services and economic opportunities and build social cohesion while enhancing the capacity of local institutions in conflict-affected areas. It supports the Bangsamoro Development Agency (BDA), the development arm of the MILF. Based on a 2001 agreement between the Government of the Philippines and the MILF, the BDA is tasked to determine, lead, and manage relief, rehabilitation, and development projects in the conflict-affected areas. It’s a unique project that enables various stakeholders—government, the World Bank, and other development partners—to work with a revolutionary movement in delivering development results even before the signing of a final peace agreement. With an enhanced role of women, the program helps the BDA to deliver community development and income-generating subprojects in communities. This enhances access to basic services such as clean water, roads and day care centers. BDA also works to strengthen community enterprises for employment and income generation. The community-based approach brings people from different groups—Muslims, Christians, and Indigenous Peoples—together for the common good, building social cohesion and trust. Over time the program has expanded beyond community development to assist the BDA to develop skills in macro-development planning. A broad package of engagement complements the MTF promoting inclusive growth across Mindanao. For example, US$121 million for farm-to-market roads in Mindanao is included in the nation-wide PRDP while the National Community Driven Development Project is financing US$190 million for CDD activities in Mindanao. Over a decade, 650,000 people (52% of whom are women) in 284 villages have benefitted from 641 subprojects financed by the MTF. The subprojects have included water systems, community centers, sanitation facilities, access roads, post-harvest facilities, and farming and fishing equipment. Eighty-six percent of the beneficiaries say that the project reflected their needs. The subprojects have reduced travel time to market, increased agricultural productivity, reduced post-harvest costs, and increased access to basic services such as clean water. Beneficiaries of income-generating subprojects reported a 10 to 20 percent increase in incomes. About 330,383 women beneficiaries learned skills in community planning and implementation. And 42 community enterprises in 11 villages have been trained in business development to generate sustainable employment and income. The Bangsamoro Development Agency has evolved from a small group of volunteers with no development experience to a leading development agency in Mindanao with 300 staff across seven regional management offices. BDA cooperates with multiple national and international partners, including JICA, WFP, and UNICEF. Bangsamoro Development Plan: the MTF provided technical assistance to help the BDA formulate the first comprehensive economic development blueprint prepared by a non-state armed group. Under the Alternative Learning System project, about 1,832 former combatants, housewives and out-of-school youth reported increased confidence because of improved reading, writing and numeracy abilities. These contributed to their more active participation in community meetings, stronger support for their children’s schoolwork, and better fair farm pricing transactions in city markets. The MTF has remained an important mechanism for consolidating peace and development in Mindanao. Beyond the impact of subprojects at the community level, the program’s ability to converge government and international support to empower Bangsamoro people and institutions to lead in community development seeks to lay the foundation for future sustainable and inclusive development in the Bangsamoro. The program fostered social cohesion by creating spaces for dialogue between Muslims, Christians, and Indigenous Peoples, as well as a diverse mix of local, regional, and national institutional actors. In many remote locations, the project provided the only opportunity for different groups to interact. The increased familiarity built mutual understanding—the basis of trust. Project policies also ensured active and meaningful participation of indigenous peoples and women, who are often otherwise marginalized from decision-making processes at the village level. The participative approach fostered social unity and built trust among stakeholders. In tri-people communities, minority groups shared better understanding and more harmonious relations with Muslims due to the consensus-building nature of CDD/CDR. While residents of remote communities—who had had little to no government access—disclosed growing trust towards government institutions at the end of the project due to the assistance provided by officials. The Bank’s technical and analytical support through the MTF and other engagements supporting peace and development in Mindanao have produced a significant body of literature that helps inform policy dialogues among various stakeholders. For instance, the Land Conflict study prepared for the Transitional Justice and Reconciliation Commission provides short- and medium-term recommendations that can help address land conflict in Mindanao. Also, the Public Expenditure Review in […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsJan 26th, 2018

Workers with good behavioral skills get better pay – study

MANILA, Philippines – More employers in the Philippines are finding it hard to search for workers with good behavioral skills, a recent study found. According to a World Bank report titled "Developing Socioemotional Skills for the Philippines' Labor Market," there is a rising number of firms that have ........»»

Category: newsSource:  rapplerRelated NewsNov 23rd, 2017

Migration prospects can prevent brain drain — World Bank

Labor exporting countries like the Philippines can even benefit from the occurrence of the so-called brain drain if their education systems remain elastic to overseas demand and there is continued investment in human capital, according to a new report by the World Bank......»»

Category: financeSource:  philstarRelated NewsJun 19th, 2018

More firms using electricity from renewables

More companies in 75 countries across the world, including the Philippines, are getting their electricity from renewable energy sources and corporate demand is expected to continue rising.   The International Renewable Energy Agency (Irena) said in a new report such companies consumed 465 million megawatt-hours (mWh) of power from renewable sources last year.   The Abu Dhabi-based Irena said such volume of power was enough to power a country the size of France.   In its 82-page "Corporate Sourcing of Renewables" report, Irena said that with the continued decline in the costs of renewables, corporate demand will continue to increase as companies sought to ...Keep on reading: More firms using electricity from renewables.....»»

Category: newsSource:  inquirerRelated NewsMay 25th, 2018

Alejano: Why are firms blacklisted by World Bank in Marawi rehab?

An opposition lawmaker on Thursday slammed the inclusion of two Chinese firms in the consortium that would handle reconstruction efforts in a southern Philippine city ravaged by war a year ago......»»

Category: newsSource:  philstarRelated NewsMay 24th, 2018

Global commodity prices to rise faster in 2018

Global commodity prices are expected to rise faster than expected in 2018 because of rising demand accompanying faster global growth, according to a report by the World Bank......»»

Category: financeSource:  philstarRelated NewsApr 29th, 2018

World Bank sees 6.7% PH growth

The World Bank sees the Philippine economy growing by 6.7 percent this year and next, similar to the pace of expansion last year, amid expectations of strong growth prospects across the region. In its East Asia and Pacific Economic Update April 2018 report titled "Enhancing Potential" released on Thursday, the World Bank kept its growth forecasts for the Philippines for 2018 and 2019 while projecting a slightly slower 6.6-percent expansion in 2020. The World Bank's gross domestic product growth projections for the next three years fell below the government's 7-8 percent target range until 2022. "Any growth above 6.7 percent would require vigorous investment in physical and human...Keep on reading: World Bank sees 6.7% PH growth.....»»

Category: newsSource:  inquirerRelated NewsApr 12th, 2018

‘Grand Deception’ by Jun Ledesma

Letters From Davao: WHEN RAPPLER through its President, Maria Ressa, was caught trifling with an important tenet in the Philippine constitution that mandates that Philippine media should be 100% owned by Filipinos the Securities and Exchange Commission ordered it closed. Rappler was parading like it is wholly owned by Filipinos but turned out it accepted investment from Omidyar Network (ON) which is known for its notoriety in destabilizing heads of state that are not docile to America. It tried deception by claiming that the Philippine Deposit Receipts it issued to ON money was for philanthropic contribution. The attempt dragged them deeper in shit as PDRs are actually commercial instruments. When this trick did not work, Ressa again tried another act this time claiming that Omidyar signed a waiver on its veto power. Again this did not pass scrutiny of the SEC because the said waiver was discovered to be just a scrap of paper as the document was not notarized.  Running out of deceptive tricks Ma. Ressa went berserk when she was served the closure order and went about town crying her freedom is being curtailed by Pres. Rodrigo Duterte no less. Her partner Pia Ranada did the same screaming she will be jailed by Duterte’s military. The grandstanding, it was obvious, was to stonewall the criminal violation they committed and to paint Rappler and its staff headed by Ressa as victims of oppression and dictatorial regime of Duterte. Contrary to its claim that they have lost their freedom of expression, more than ever Rappler had increased the crescendo of its unfettered attack on no less than the President Duterte himself. Ressa spearheaded a Black Friday movement supported by a handful of students from where else by the University of the Philippines campus and the usual garrulous but moribund Liberal Party stalwarts headed by VP Leni Robredo. They were joined in by UN Rapporteur Agnes Callamard and her local counterpart Chito Gascon in denouncing the Duterte government for curtailing the freedom of the press. Other foreign-funded media outfits joined the fray for obvious reason.  Theirs is a cacophony of ridiculous chants. Robredo warned that the closure of Rappler is a symptom of a dark future of the country. The juvenile delinquents in the UP campus joined pipsqueak assemblies with screaming placards denouncing Pres. Duterte and his “malignant forces that continue to peddle lies to justify their tyranny and dictatorship”.  They cut classes to face the TV cameras and klieg lights unmindful of yet another spectacular grade the survey firms Social Weather Station and Pulse Asia showing an “excellent” grade on the sustained trust and popularity of the nation on Duterte which they had been flagellating no end.  No one seems to mind their issue about tyranny and dictatorship as the World Bank grudgingly declared that “DDS killed democracy in the Philippines but they haven’t killed the country’s vibrant economy”.  Forbes, an international business magazine, likewise quoted WB on its Global Economic Prospects, which asserts that “Duterte Philippines is the 10th fastest growing economy in the world”.  The statistics is a slap on the face of VP Robredo who remains to be an incurable pessimist despite the figures that cannot lie. She continues to see the future of the Philippines in dark glasses forgetting that she is a Vice President and therefore should have celebrated with the rest for the gains that the country achieved. For her part, Maria Ressa simply ignored what Forbes and WB declared.  Maybe out of outrage that the Robredo seemed to be out of sync and blinded by sheer politicking and negativism, UP Political Science professor and political analyst, Clarita Carlos,  made a five-worded message to The Vice President thus: “President Duterte moves the Philippines forward”. To those who denigrate Duterte from cutting the country’s umbilical cord to America, Professor Carlos had this to say. “Duterte has moved the Philippines away from the usual foreign policy and in turn ‘defined national interest’ by tracking his own way of foreign policy”. She admired Duterte for his political guts and courage.  It is indeed pathetic that while the Philippines rise several notches higher in political and economic arena the opposition and the foreign-aided media outfits shamelessly continue to belittle these achievements. It is no small feat that Philippines came out stronger in economic growth than China in the 3rd quarter of 2017. On the 4th quarter moreover China rallied (6.9%) and landed on top of Asian countries followed by Vietnam (6.8) and Philippines 6.7%. The Philippines however has been growing more than 6% for nine consecutive quarters and that sustained growth is best among Asean nations. Any which way you look at it, that spells economic stability and investment grade for investors service firms like Moody’s and other international credit rating institutions. Cause and effect is a simple gauge to measure the impact of the tyranny and dictatorial regime that Rappler and its sympathizers have been accusing the Duterte regime. But as I always say, no one can quarrel with success especially when institutions of unquestionable stature put the positive figures across. Expect the economy to grow even faster in 2018 when infrastructure spending commences under the Duterte’s Build, Build, Build program. As we all know, the government had earmarked P8.4-trillion to achieve the mega infrastructure projects comprising of railways, highways and bridges, irrigation’s, airports and seaports to name a few. The job opportunities that these programs will generate are equally mind-boggling. […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsFeb 1st, 2018

PH growth to remain fastest in Asean

  The World Bank expects the Philippines to sustain robust economic growth in the next three years even as public investments are seen slowing down. "The Philippines will continue to be the fastest-growing economy in the Association of Southeast Asian Nations (Asean), despite some stabilization of investment growth," the Washington-based multilateral lender said in its January 2018 Global Economic Prospects report released Wednesday morning (Philippine time). The World Bank projected the Philippines' gross domestic product (GDP) to grow 6.7 percent in 2018 and 2019, before slightly slowing to 6.5 percent in 2020. The World Bank's forecasts for the next three years were n...Keep on reading: PH growth to remain fastest in Asean.....»»

Category: newsSource:  inquirerRelated NewsJan 10th, 2018

Filipino workers need socioemotional skills

The government should integrate the development of socioemotional skills into the country’s educational and training framework to expand the employability of Filipino workers, the World Bank said in a new report. The “Developing Socioemotional Skills for the Philippines Labor Market” report released on Thursday presented new evidence from employer and household surveys on the role [...] The post Filipino workers need socioemotional skills appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 24th, 2017

Sobering, PCC says of drop in PH ease of doing business ranking

MANILA, Philippines — The Philippine Competition Commission (PCC) called the country’s latest ranking in the World Bank's Ease of Doing Business report a "sobering account" of the Philippines' performance. “The latest drop in rankings of the Philippines in the World Bank Group report on Ease of Doing Business is a sobering ........»»

Category: newsSource:  rapplerRelated NewsNov 2nd, 2017

Philippine rank in ease of doing business down to 113th

THE Philippines' rank in the World Bank's Ease of Doing Business report fell by 14 places to 113th this year. This was despite the marginal improvement on its score to 58.74 this y.....»»

Category: newsSource:  philippinetimesRelated NewsNov 2nd, 2017

PH scores high in preparation, procurement of PPPs – WB

Philippine Public-Private Partnership (PPP) program scored high in preparation and procurement of PPPs in the latest World Bank Report......»»

Category: newsSource:  mb.com.phRelated NewsOct 3rd, 2016

NEDA: PH Must Reap Labor Gains from ‘Build, Build, Build’

With the expected effect of the government’s unprecedented “Build, Build, Build” program on the country’s labor demand, the government must ensure that laborers’ skills and competencies match industry needs, the National Economic and Development Authority (NEDA) said. “To fully maximize gains from Build, Build, Build, the Philippine labor market should be ready to meet the […].....»»

Category: newsSource:  metrocebuRelated News21 hr. 18 min. ago

From humble origins in GenSan, Manny Pacquiao s MPBL is now a nation-wide league

With the second season of the Maharlika Pilipinas Basketball League kicking things off, Tuesday evening, its steady rise to popularity continues Following a successful inaugural season with ten teams, the playing field has expanded exponentially in the second season, now with 26 teams vying for the title of MPBL National Champion, as well as a very, very valuable piece of hardware. (READ ALSO: MPBL: National Champions to get trophy worth ten million pesos) And as the semi-professional league continues to grow, it’s amazing to think that it all started with a ‘pa-liga’ in General Santos City. The brainchild of eight-division boxing world champion-turned Philippine Senator and avid basketball enthusiast Manny Pacquiao, the MPBL wasn’t always a nation-wide league. “Itong MPBL kasi, the original name is Manny Pacquiao Basketball League, and we piloted it sa GenSan,” Pacquiao explained during the opening day of the 2018-2019 MPBL Anta Datu Cup, Tuesday at the Araneta Coliseum. “Nag-pilot kami ng ten seasons, parang pa-liga ko lang doon tapos open siya and maraming sumali. Nagkaroon kami ng 18 teams, hanggang ten seasons yun, ang premyo namin ay 1 million.” After seeing that the league had potential, Senator Manny decided to take it to another level. “Maganda naman yung resulta, tapos pinag-aralan ko ng mabuti kung ano yung mga dapat gawin, yung titignan natin, and then nung na-complete ko yung ten seasons, in-apply ko sa national.” “[Pwede na ‘to] sa national, i-apply ko, ila-live ko sa TV.” Pacquiao added. After two years of brainstorming and preparation, the MPBL as we know it now was born. Pacquiao added that he decided to replace “Manny Pacquiao” with “Maharlika Pilipinas” so as not to stir anything up, given his political status. From a simple league in General Santos to a nation-wide league that features 26 teams from Luzon, Visayas, and Mindanao, all bannered by former professionals, collegiate hoop stars, and homegrown talents, the MPBL is definitely living up to what Pacquiao envisioned it to be: a platform for even more FIlipinos to showcase their basketball skills at a high level. "Nagsimula lahat sa isang pangarap, na mabigyan ng pagkakataon ang mas maraming Pilipino na makapaglaro ng basketball sa professional level..." Sen. @mannypacquiao speaking at the opening of the 2018 MPBL Datu Cup. @abscbnsports pic.twitter.com/7PjRARV0bU — Santino Honasan🎈 (@honasantino) June 12, 2018   You can catch the exciting MPBL action on ABS-CBN S+A channel 23!  .....»»

Category: sportsSource:  abscbnRelated NewsJun 13th, 2018

Summit Point ready to challenge LPGT field

Spruced up to championship condition, the Summit Point Golf and Country Club course will test the shot-making skills and mental toughness of the ladies of the Philippine Golf Tour when The Women’s Championship is held on Wednesday in Lipa City, Batangas. For one, each hole replicates the famous golf holes in the world and changes [...] The post Summit Point ready to challenge LPGT field appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 11th, 2018

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

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

Category: sportsSource:  abscbnRelated NewsJun 11th, 2018

Policymakers acting ‘too slowly’ on inflation

German lender Deutsche Bank has raised concerns that Philippine monetary and fiscal authorities are acting “too slowly” to address a rise in underlying inflation, which it claimed was an indication of economic overheating. In a report published last week, Deutsche Bank chief economist in Asia Michael Spencer said that while May headline inflation was considerably [...] The post Policymakers acting ‘too slowly’ on inflation appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJun 11th, 2018

6 Philippines firms make Forbes 2000 list

Six Philippine companies made it to the Forbes Global 2000 list of the biggest, most powerful and most valuable companies in the world......»»

Category: newsSource:  philstarRelated NewsJun 8th, 2018