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Moody’s unit sees ‘strong’ GDP growth

SLOWER INFLATION would help ensure that the Philippines can maintain above-six percent economic growth in the coming years, Moody’s Analytics said, amid signs that price pressures are now finally easing......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 27 min. ago Related News

More than 400 hurt in French fuel price protests

PARIS, France – More than 400 people were hurt, 14 seriously, in a day and night of "yellow vest" fuel price protests around France that claimed one life, Interior Minister Christophe Castaner said on Sunday, November 18. The injury toll, more than double the last tally provided on Saturday, November 17 ........»»

Source: Rappler RapplerCategory: News8 hr. 14 min. ago Related News

Phoenix sets off sixth price rollback

Phoenix sets off sixth price rollback.....»»

Source: Thestandard ThestandardCategory: NewsNov 17th, 2018Related News

Globe Telecom now offering iPhone XR

Globe Telecom now offering iPhone XR.....»»

Source: Thestandard ThestandardCategory: TechNov 17th, 2018Related News

DOF Privatization and Management Office to sell 44 properties

The privatization arm of the Department of Finance is planning to sell 44 properties nationwide for a minimum bid price of P75.98 million in the next four months......»»

Source: Philstar PhilstarCategory: FinanceNov 17th, 2018Related News

Senate lifts rice import ceiling

The Senate late Wednesday night approved on third reading the proposed rice tariffication law aimed at easing the importation of the staple to stabilize its supply and price in the local market. Senate Bill 1998 was approved on third reading via 14-0 vote. The bill specifically seeks to lift the quantitative restrictions on rice and […].....»»

Source: Tribune TribuneCategory: NewsNov 16th, 2018Related News

Mets deGrom gets Cy with record-low wins; Snell takes AL

By Jake Seiner, Associated Press NEW YORK (AP) — After a season marred by narrow defeats, Jacob deGrom became a runaway winner. The New York Mets ace easily won the National League Cy Young Award on Wednesday night, a reward for a historically fruitless season in Flushing. The right-hander had just 10 victories, the fewest ever by a Cy Young-winning starter. The AL prize also reflected a change in voters’ values, with Blake Snell of the Tampa Bay Rays narrowly beating out past winners Justin Verlander and Corey Kluber for his first Cy Young. Snell pitched just 180 2/3 innings, fewest ever by a Cy Young-winning starter. Over full seasons, Snell is the second starter to win the award with fewer than 200 innings after Clayton Kershaw logged 198 1/3 in 2014. “I definitely think the game has changed in that aspect,” deGrom said. “I feel like it’s just turning more into quality of work and what did you accomplish in those innings,” Snell said. “I think that’s just the way it’s going.” DeGrom easily beat out Washington’s Max Scherzer, who was seeking a third straight Cy Young and fourth overall. DeGrom got 29 first-place votes and 207 points from members of the Baseball Writers’ Association of America. Scherzer had the other first-place vote. In his first season after chopping off his distinctive long hair, deGrom cut down hitters from start to finish despite little help from teammates. He had a 1.70 ERA, the lowest in the NL since Zack Greinke’s 1.66 mark in 2015. Yet the 30-year-old right-hander went 10-9, eclipsing the low bar among starters of 13 victories set by the Dodgers’ Fernando Valenzuela in 1981 and matched by Seattle’s Felix Hernandez in 2010. DeGrom allowed three runs or fewer in 29 consecutive starts to close the season, breaking Leslie “King” Cole’s 108-year-old record of 26 such outings. Yet the Mets were 11-18 in those games and 14-18 overall with deGrom on the mound. “My thought process was, ‘Hey, take the ball every fifth day and continue to try to put this team in position to win and control what you can control,’” deGrom said. Hernandez’s Cy Young victory signaled a major shift from voters, who once prioritized pitcher wins. The push toward advanced analytics made deGrom’s candidacy possible, and by September there was little debate deGrom was worthy, even as the Mets regularly wasted his dominance. “This was one of my goals,” deGrom said. “The team didn’t end up where we wanted to be this past season, but you kind of set personal goals, and I think being able to accomplish something that has been a dream of yours is just something special. To be a Cy Young Award winner, you’re in great company, and it truly is an honor.” Perhaps no pitcher had ever been such a hard-luck loser. New York averaged 3.5 runs in games started by deGrom, second only to Cole Hamels for worst support in the majors among qualified pitchers. During one stretch late in the season, the Mets totaled 10 runs over seven of deGrom’s outings, and four of those were driven in by the pitcher himself. DeGrom nearly produced more wins above replacement than actual wins — an unfortunate sabermetric feat that has only been accomplished once, when the Philadelphia Athletics’ Eddie Smith went 4-17 with 4.1 WAR in 1937. Baseball-Reference calculated deGrom for 9.6 WAR. The 2014 NL Rookie of the Year, he became the seventh rookie winner voted a Cy Young, joining fellow Mets Tom Seaver and Dwight Gooden. R.A. Dickey was the only other Met to win a Cy Young. The Mets unveiled a deGrom bobblehead featuring the Cy Young Award shortly after deGrom was crowned. They will give away 25,000 prior to a home game April 7 against Scherzer’s Nationals. Snell got 17 first-place votes and 169 points to 13 first-place votes and 154 points for Verlander. Kluber had 71 points, followed by Boston’s Chris Sale and Houston’s Gerrit Cole. Snell had a 1.89 ERA, third best in the AL since the DH was introduced, trailing only Ron Guidry (1.74) in 1978 and Pedro Martinez (1.74) in 2000. The 25-year-old pitched had 33 1/3 fewer innings than Verlander, but his dominance was enough to sway the electorate. The lefty nicknamed Snellzilla wreaked havoc against the AL’s top lineups. He was 3-0 with a 1.08 ERA in four starts against the World Series champion Red Sox, and 2-0 in two starts each against the Astros and Indians. The Yankees roughed Snell up twice, but he got threw five scoreless innings in a victory Aug. 16. That came during a late-season run of nine consecutive wins for Snell, including a victory against every team in the AL East. He also made five starts against former Cy Young winners and went 3-0 with an 0.59 ERA. Snell was the first player 25-or-younger to win 21 games since Barry Zito in 2002. He was highly regarded as a minor leaguer for his electric arsenal, but subpar control led to struggles during his first two major league seasons. He was even demoted to Triple-A for a month in 2017. It all came together this year. Snell was a stalwart for a most unusual pitching staff, taking the ball every fifth day while manager Kevin Cash successfully experimented with reliever “openers” to start games in between. Snell led the Rays with 31 starts, and no other traditional starter had more than 17. After longtime franchise ace Chris Archer was traded to the Pirates on July 31, Snell went 9-0 with a 1.17 ERA. “I felt with the opener, I had a bigger role on the team,” Snell said. Snell is the second Rays pitcher to win the award, following David Price in 2012. Scherzer went 18-7 with a 2.53 ERA and led the majors with 220 2/3 innings and 300 strikeouts. He was attempting to become the first player since Randy Johnson to win three consecutive Cy Youngs. He got the first-place vote of John Maffei of the San Diego Union-Tribune, 29 seconds and 123 points. Aaron Nola of the Philadelphia Phillies was third with 86 points, followed by Colorado’s Kyle Freeland and Arizona’s Patrick Corbin. Verlander led the AL with 290 strikeouts while going 16-9 with a 2.52 ERA for AL West champion Houston. This is his third second-place finish since winning the Cy Young and MVP in 2011 with Detroit. Kluber was attempting to win his second straight Cy Young and third overall. He went 20-7 with a 2.89 ERA for AL Central champion Cleveland and led the AL with 215 innings......»»

Source: Abscbn AbscbnCategory: SportsNov 15th, 2018Related News

Cora gets new deal from Red Sox through 2021 season

By Kyle Hightower, Associated Press BOSTON (AP) — Alex Cora brought a new voice and culture to the Boston Red Sox that helped propel them to their latest World Series title. The Red Sox rewarded him for bringing home a championship in his first year with the team by giving him a new contract with an additional guaranteed year through the 2021 season. The deal containing the extension was announced Wednesday by Boston also includes a club option for 2022. In his rookie season as a major league manager, Cora guided the Red Sox to a franchise-record 108 victories and the team’s fourth championship in 15 seasons. He finished second in the AL Manager of the Year voting announced Tuesday. “We have consistently been impressed by Alex at every turn,” Red Sox chairman Tom Werner said in a statement. “His knowledge of the game, ability to connect with our players, and his incredible instincts and decisiveness led us to an historic championship season. We know we are in good hands and could not be more pleased to know he will be with us for the foreseeable future.” Red Sox president of baseball operations Dave Dombrowski was in search of new direction for the club when he fired former manager John Farrell after back-to-back Al Division Series losses in 2016 and 2017. After the historic regular season, Cora then steered Boston past the 100-win Yankees and Astros in the AL playoffs before downing the Dodgers in the World Series. “For me, 2018 was not only historic, but it was special as well, both on and off the field,” Cora said in a statement. “We have a great appreciation for our accomplishments this past year, but now our focus moves forward to the season ahead and defending our World Series title.” During Boston’s run Cora got the best out his young talent, led by AL MVP favorite Mookie Betts. They shined in player-centric approach in which Cora encouraged an aggressive hitting mentality, lots of hit-and-runs and active running of the bases. Cora also the most out of his pitching staff, which included clutch performances in the postseason by Chris Sale and David Price. Neither pitcher had logged a playoff victory as a starter prior to this season. Price had a tough time acclimating to Boston’s rugged sports environment during his first two seasons of the seven-year, $217 million deal he signed in 2015. He’s found a groove late in the season, pitching the clinching Game 5 of the ALCS to help the Red Sox advance. “Just his demeanor. It doesn’t change,” Price said last month. “I know it’s easy to not change when your team wins 108 games in the regular season. But he hasn’t changed one bit.” A member of the Red Sox’s 2007 World Series title team as a player, Cora was the bench coach on Houston’s 2017 championship team. He learned from manager A.J. Hinch that being close to players would be beneficial. “Talking to players is not bad, having a relationship with players is not bad,” Cora said in describing his managerial philosophy. “Doing that, you’re going to get the best out of them. People may think that crossing that line is not helpful, but I see it the other way around, and I lived it.” Cora became the first manager from Puerto to guide a team to a championship. It came more than a year after Hurricane Maria devastated island, prompting Cora during initial contract negotiations last October to ask the Red Sox to help his people with relief efforts. Ownership responded by sending a chartered plane full of supplies. Days after winning the World Series, they again obliged Cora’s request to take the trophy to his hometown of Caguas, Puerto Rico......»»

Source: Abscbn AbscbnCategory: SportsNov 15th, 2018Related News

BSP raises rates in ‘proactive’ move

THE CENTRAL BANK fired off a softer rate increase yesterday as policy makers saw the need for preemptive action amid global uncertainty, and as price expectations remain elevated back home......»»

Source: Bworldonline BworldonlineCategory: FinanceNov 15th, 2018Related News

Study: Chinese to account for half of luxury sales by 2025

MILAN --- Chinese consumers will remain the driving force for luxury goods market and fuel nearly half of global high-end sales by 2025, a new study by Bain consultancy released Thursday showed.   Chinese shoppers will account for 46 percent of global luxury sales of an estimated 365 billion euros ($412 billion) in just six years, Bain said in the study, which was prepared for Italy's Altagamma association of high-end producers. That's up from one third of all sales of luxury apparel, accessories and cosmetics last year.   Bain partner Claudia D'Arpizio said half of those purchases will be made in China, as price differences between countries fade and brands improve...Keep on reading: Study: Chinese to account for half of luxury sales by 2025.....»»

Source: Inquirer InquirerCategory: Nov 15th, 2018Related News

Lazada to sell new iPhone XR starting Nov. 16

Lazada to sell new iPhone XR starting Nov. 16.....»»

Source: Thestandard ThestandardCategory: TechNov 15th, 2018Related News

Villanueva hails Senate for approval of rice tarrification bill

Senator Joel Villanueva on Wednesday hailed the Senate's approval of the rice tarrification bill, saying it would address the hike on price of rice. "As one of the authors of the bill, it has been our consistent call to liberalize the entry of cheaper rice in the country to ease the burden of our kababayans suffering from the rising price of rice," Villanueva said in a statement. Voting 14-0, the Senate approved Senate Bill No. 1998 or An Act Replacing The Quantitative Import Restrictions On Rice With Tariffs, Lifting The Quantitative Export Restrictions On Rice, And Creating The Rice Competitiveness Enhancement Fund. READ: Senate approves rice tariffication bill on final readin...Keep on reading: Villanueva hails Senate for approval of rice tarrification bill.....»»

Source: Inquirer InquirerCategory: Nov 14th, 2018Related News

Matrices still available as LTFRB reviews of jeepney fare hike

The Land Transportation Franchising and Regulatory Board (LTFRB) will continue to distribute fare matrices to jeepney drivers pending its review of the fare hike that it approved recently. LTFRB Chairman Martin Delgra said on Wednesday that the fare matrices would soon be posted online. "As suggested by the committee on transport, we'll make available the matrix on the website," Delgra said in a press briefing. According to some reports, the new fare martix costs P610, but Delgra clarified that it only costs P570. READ:LTFRB clarifies jeepney fare matrix price: P570, not P610 Delgra also said that the board decided to set a hearing within the month to discuss the petition file...Keep on reading: Matrices still available as LTFRB reviews of jeepney fare hike.....»»

Source: Inquirer InquirerCategory: Nov 14th, 2018Related News

NFA adjusts reference price for rice imports after failing to draw bids

THE National Food Authority (NFA) Council has authorized an adjustment in the reference price for the import auction covering 203,000 metric tons (MT) of rice, in the hope that the new price will be more acceptable to key government-to-government suppliers Vietnam and Thailand......»»

Source: Bworldonline BworldonlineCategory: FinanceNov 14th, 2018Related News

Herrera Assures Stricter Policies to Be Imposed at Larsian

In line with the official reopening of the Larsian food strip on Friday, Nov. 16, stricter policies and guidelines will be implemented to address some concerns on food handling and customer service. Joey Herrera, administrator of Larsian, said to avoid the practice of overpricing or bill padding, owners are now required to place a price […].....»»

Source: Metrocebu MetrocebuCategory: NewsNov 14th, 2018Related News

Korea’s contribution to co-prosperity through CSR

“The price of greatness is responsibility.” This statement from former United Kingdom Prime Minister Winston Churchill speaks of how one cannot rise to be a leader in the global stage without being involved in its problems......»»

Source: Philstar PhilstarCategory: NewsNov 14th, 2018Related News

Prices of canned sardines to go up in December – trader

  Prices of canned sardines will increase by P0.50 to P0.60 on December, the Canned Sardines Association of the Philippines (CSAP) said on Wednesday.   CSAP President Marvin Lim said the five percent price increase on canned sardines would be due to the hike in the cost of raw materials, petroleum, and labor along with the depreciation of the Philippine peso.   Lim announced the impending price hike amid the appeal of the group Laban Konsyumer for the lowering of the prices of goods amid the series of rollbacks in the prices of oil products. Rhommel Balasbas/RadyoINQUIRER....Keep on reading: Prices of canned sardines to go up in December – trader.....»»

Source: Inquirer InquirerCategory: Nov 14th, 2018Related News

PH rice tender fails; price offers too high

The National Food Authority (NFA) has, for the second time this month, failed to secure offers for 203,000 MT of rice it wants to import for the rest of the...READ MORE The post PH rice tender fails; price offers too high appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsNov 14th, 2018Related News

Group wants fare hikes revoked

A commuter group filed on Monday a petition before the Land Transportation Franchising and Regulatory Board (LTFRB) seeking to revoke the new minimum fare for commuter buses and jeepneys in the wake of price rollbacks on fuel products......»»

Source: Philstar PhilstarCategory: NewsNov 13th, 2018Related News

Tagalog News: SRP sa bigas pinatutupad sa SurSur

LUNGSOD NG TANDAG, Surigao del Sur, Nob. 13 (PIA) - Matapos ang ilang araw na paghahanda para sa pagpapatupad ng suggested retail price (SRP) sa bigas, matiwasay na sinimulan ang pagpapatupad nito.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsNov 13th, 2018Related News