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ADB retains Philippines growth forecast for 2019, 2020

The Asian Development Bank has retained its 2019 and 2020 growth forecasts for the Philippines at six percent and 6.2 percent, respectively, even as it downgrades growth expectations for Developing Asia......»»

Source: Philstar PhilstarCategory: Finance4 hr. 32 min. ago Related News

AP Source: Angels, Anthony Rendon reach $245M, 7-year deal

By Ronald Blum, Associated Press SAN DIEGO (AP) — Third baseman Anthony Rendon and the Los Angeles Angels agreed to a $245 million, seven-year contract Wednesday, a person with direct knowledge of the deal told The Associated Press. The person spoke on condition of anonymity because the agreement had not been announced and was subject to a successful physical. Rendon gets a $4 million signing bonus payable by Dec. 31 and salaries of $25.5 million next season, $27.5 million in 2021, $36 million in 2022 and $38 million each year from 2023-26. He would receive a $250,000 bonus for World Series MVP, $150,000 for League Championship Series MVP, $125,000 for election as an All-Star starter and $100,000 for selection as a reserve. Rendon is the third prized free agent to strike a big-money deal at this week's baseball winter meetings. He'll join three-time MVPs Mike Trout and Albert Pujols on a team that's made just one postseason appearance in the past decade. The Angels had missed out on free agent right-hander Gerrit Cole, who agreed to a record $324 million, nine-year contract with the New York Yankees on Tuesday night, a person familiar with the deal told the AP. “With our flexibility, if we miss a big player, there’s still very talented players that are accessible in the free agent and trade market right now," Angels general manager Billy Eppler said earlier Wednesday. Rendon, who has played all seven of his major league seasons with Washington, drove in a career-best 126 runs while helping the Nationals capture the franchise's first World Series championship this year. His 19.9 Wins Above Replacement, per FanGraphs, over the past four seasons trails only Trout, Boston's Mookie Betts and Milwaukee's Christian Yelich among position players. Rendon is the latest big signing by owner Arte Moreno, following Pujols, Shohei Ohtani, Josh Hamilton and C.J. Wilson. “We’re within some structure of a budget and a payroll forecast that you relatively want to be near and then we just take those opportunities to Arte and see if he’ll grant us the permission to do those things,” Eppler said. “There’s good players out there and players that warrant some sizeable contracts. I know the players that he likes." Rendon follows Bryce Harper as a homegrown star in Washington to leave via free agency — Harper signed a $330 million, 13-year deal with the Philadelphia Phillies last March. The Nationals had remained in contact with the 29-year-old Rendon's representatives Wednesday, according to general manager Mike Rizzo. “The third base market specifically is an active market," Rizzo said. “There are several teams that are in the market for that particular position. I think it will move fairly rapidly, not only in the free-agent market but in the trade market I think we'll see some activity." After the news broke, Nationals shortstop Trea Turner tweeted video of himself kicking around a T-shirt featuring a picture of Rendon's face and the message: “Anthony is my favorite player.” It marks the fourth big free-agent deal of the offseason pulled off by agent Scott Boras. Infielder Mike Moustakas joined the Cincinnati Reds on a $64 million, four-year contract, then right-hander Stephen Strasburg reached a $245 million, seven-year contract Monday to stay with the Nationals before Cole's pending signing came together a day later......»»

Source: Abscbn AbscbnCategory: Sports8 hr. 45 min. ago Related News

Economic managers cut growth forecast for 2019

The interagency Development Budget Coordination Committee on Wednesday reduced the upper end of its 2019 economic growth forecast to a range of 6 percent to 6.5 percent from the previous estimate of 6 percent to 7 percent amid the lingering trade tensions in advanced economies that are impacting global growth......»»

Source: Thestandard ThestandardCategory: Finance12 hr. 45 min. ago Related News

ITCZ, hanging Amihan, mararandaman sa bansa

Manila, Philippines – Makaaapekto ang Intertropical Convergence Zone (ITCZ) sa  Palawan at Mindanao habang hanging Amihan naman ang mararamdaman sa Luzon ngayong Huwebes, ayon sa PAGASA. Dahil sa ITCZ, maulap na kalangitan at may pag-ulan ang mararanasan sa Caraga, Basilan, Sulu, Tawi Tawi, at Southern Palawan. Samantala, mananaig ang hanging Amihan sa Cagayan Valley, Cordillera […] The post ITCZ, hanging Amihan, mararandaman sa bansa appeared first on REMATE ONLINE......»»

Source: Remate RemateCategory: NewsDec 12th, 2019Related News

ADB maintains 2019 PH growth outlook at 6%

THE Asian Development Bank (ADB) on Wednesday kept its Philippine economic growth forecast for this year and next, encouraged by an increase in state spending and strong private consumption. In its December 2019 Asian Development Outlook Supplement, the Manila-based multilateral lender retained its projections at 6.0 percent for 2019 and 6.2 percent for 2022. “GDP […].....»»

Source: Manilatimes_net Manilatimes_netCategory: NewsDec 11th, 2019Related News

ADB trims India s GDP growth forecast to 5.1 pc in current fiscal

Manila [Philippines], Dec 11 (ANI): The Asian Development Bank (ADB) on Wednesday trimmed its forecasts for economic growth in developing Asia this year and next year as growth in India and China is w.....»»

Source: Manilanews ManilanewsCategory: NewsDec 11th, 2019Related News

DBCC narrows GDP forecast

GDP growth is projected at 6 to 6.5 percent in 2019 and 6.5 to 7.5 percent in 2020 to 2022. The post DBCC narrows GDP forecast appeared first on Daily Tribune......»»

Source: Tribune TribuneCategory: NewsDec 11th, 2019Related News

Tail-end of cold front, monsoon to bring light rains

The tail-end of a cold front and the northeast monsoon will bring scattered, light rain showers in some parts of the country Tuesday. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said in its 4 a. m. weather bulletin that Bicol Region, Quezon and Samar provinces will experience scattered rain showers and thunderstorms. Cagayan […] The post Tail-end of cold front, monsoon to bring light rains appeared first on Daily Tribune......»»

Source: Tribune TribuneCategory: NewsDec 10th, 2019Related News

Hail PAGASA! Hail NDRRMC!

Hail PAGASA! Hail NDRRMC!.....»»

Source: Bworldonline BworldonlineCategory: FinanceDec 9th, 2019Related News

Clear skies in Cebu, for now; 1 more typhoon expected

CEBU CITY, Philippines — Cebu’s weather will be fine in the coming week except for isolated light to moderate rains brought by localized thunderstorms, the state weather bureau said on Sunday, December 8, 2019. Jhomer Eclarino, a weather specialist of the Philippine Atmospheric Geophysical and Astronomical Services Administration (Pagasa), said they have not monitored any […] The post Clear skies in Cebu, for now; 1 more typhoon expected appeared first on Cebu Daily News......»»

Source: Inquirer InquirerCategory: NewsDec 8th, 2019Related News

Smoke haze settles over Canberra

Smoke haze from bushfires raging in Australia spread to the capital Sunday, as firefighters raced to contain more than 140 blazes ahead of a heatwave forecast early this week. Australia is experiencing a horrific start to its fire season, which scientists say began earlier and is more extreme this year due to a prolonged drought […] The post Smoke haze settles over Canberra appeared first on Daily Tribune......»»

Source: Tribune TribuneCategory: NewsDec 8th, 2019Related News

Palace: Rise in inflation not a big concern

The slight increase in consumer prices in November should not be a cause for concern as the latest inflation figure still settled within the forecast of the Bangko Sentral ng Pilipinas, Malacañang said Friday......»»

Source: Thestandard ThestandardCategory: NewsDec 6th, 2019Related News

Mangingisda, bawal pa ring maglayag sa CamNor-PCG

Manila, Philippines – Bawal pa ring bumiyahe ang mga sasakyang pangisda sa karagatan sakop ng Camarines Norte. Ito ang inanunsyo ng Philippine Coast Guard (PCG) kasunod ng nagdaang bagyo kung saan nakataas pa rin  ang gale warning sa nasabing probinsya batay na rin sa abiso ng PAGASA. Kaya naman muling nagpaalala ang PCG sa mga maliliit na […] The post Mangingisda, bawal pa ring maglayag sa CamNor-PCG appeared first on REMATE ONLINE......»»

Source: Remate RemateCategory: NewsDec 6th, 2019Related News

Inflation up in November

HEADLINE inflation accelerated to 1.3 percent in November from 0.8 percent in October, the Philippine Statistics Authority (PSA) reported on Thursday. Last month’s result however was still significantly lower than the 6.0 percent recorded in November last year. It also settled within the 1.2 to 1.3 percent forecast of analysts earlier polled by The Manila […].....»»

Source: Manilatimes_net Manilatimes_netCategory: NewsDec 5th, 2019Related News

Aviation school readies Filipino pilots for fulfilling careers

While a career in aviation has been hailed as one of the top 10 highest paying jobs in the Philippines at present, a forecast by Boeing’s Pilot and Technical Market Outlook for 2013-2032 states that air traffic is expected to grow 4.7 percent annually over the next 20 years......»»

Source: Philstar PhilstarCategory: NewsDec 4th, 2019Related News

'TisoyPH palabas na ng PAR, Huwebes; Pinas, typhoon-free sa susunod na linggo-PAGASA

Manila, Philippines – Tahimik na umuusad patungong West Philippine Sea ang Severe tropical storm #TisoyPH habang walang direktang epekto ito sa anumang lugar sa bansa, ayon sa state weather bureau PAGASA ngayong Miyerkoles. Sa alas-5pm bulletin na inilabas ng PAGASA, namataan si #TisoyPH bandang alas-3 ng hapon sa layong 380 kilometers kanluran ng Subic, Zambales […] The post #TisoyPH palabas na ng PAR, Huwebes; Pinas, typhoon-free sa susunod na linggo-PAGASA appeared first on REMATE ONLINE......»»

Source: Remate RemateCategory: NewsDec 4th, 2019Related News

‘Tisoy’ to exit PH tonight or early Thursday — Pagasa

“Tisoy” is forecast to exit the Philippine Area of Responsibility (PAR) between Wednesday night and early Thursday, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said. As of 6 p.m., Pagasa last spotted “Tisoy” at 380 kilometers west of Subic, Zambales as it moved west-southwest toward the West Philippine Sea at 20 kilometers per […].....»»

Source: Manilatimes_net Manilatimes_netCategory: NewsDec 4th, 2019Related News

Typhoon Tisoy leaves at least 11 dead

PAGASA lifted all tropical cyclone warning signals in the country in its 11 a.m. bulletin......»»

Source: Philstar PhilstarCategory: NewsDec 4th, 2019Related News

Tisoy downgraded to severe tropical storm

PAGASA has downgraded "Tisoy" into a severe tropical storm as it further weakened Wednesday morning......»»

Source: Philstar PhilstarCategory: NewsDec 4th, 2019Related News

Storm Warning in Cebu Lifted

As Typhoon Tisoy continues to affect some parts of the country, the Philippine Atmospheric Geophysical and Astronomical Services Administration(PAGASA) recently lifted the storm signal warning in the northern part of Cebu at 11 a.m. today. PAGASA said that the weather in Cebu improved recently. Tisoy is now moving west at 25kph with sustained winds of […].....»»

Source: Metrocebu MetrocebuCategory: NewsDec 3rd, 2019Related News