DTI sees lower sales in IFEX 2018

MANILA, Philippines— Food exhibitors are expected to generate some $150 million* or P7.8 billion in the 12th International Food Exhibition (IFEX) 2018. The figure is $34 million less than what was generated in 2017. IFEX 2018 opened on Friday, May 25, at the World Trade Center in Pasay City with ........»»

Source: Rappler RapplerCategory: News10 hr. 12 min. ago Related News

BY THE NUMBERS: Overseas Filipino workers

HIGHLIGHTS:  ● Females account for 53.7% or 1.26 million of the total OFWs, higher than males (at 46.3%), according to a survey conducted by the Philippine Statistics Authority between April and September 2017. ● 59% or 740 thousand of which were engaged in elementary occupations that include domestic, hotel and office cleaners and helpers. ● […] The post BY THE NUMBERS: Overseas Filipino workers appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 25 min. ago Related News

COA flags DOJ fund transfers worth P621 million

The Commission on Audit (COA) has flagged as anomalous several undocumented fund transfers, payrolls, and unauthorized bank accounts in its 2017 audit report on the Department of Justice (DoJ.) “[W]e noted that there were transfer of funds (amounting to P621,646,352.48) where no corresponding payments were made while there were also payments (amounting to P305,390,659.08) with […] The post COA flags DOJ fund transfers worth P621 million appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 25 min. ago Related News

Project Bangon Marawi, Year 1: DSWD-Region 12 blows a billion pesos on food packs, various kits for Marawi

By Malou Mangahas and Karol Ilagan Philippine Center for Investigative Journalism NEARLY EVERY month in the last half of 2017, the Department of Social Welfare and Development Field Office in Region XII (Central Mindanao) went on a shopping binge and ended up splurging over a billion pesos. It spent the sum — courtesy of taxpayers […].....»»

Source: Mindanews MindanewsCategory: News14 hr. 25 min. ago Related News

India’s next generation

China, a dominant global player, boasts of companies like ICBC and Alibaba that have become household names. India strives to be No. 2. Its top 100 Forbes list in 2017---particularly the succession to the next generation---is fascinating. The majority of the successors have world-class degrees. The Godrej family (No. 6) of Godrej Group, known for its consumer care products, transferred the top role from Adi Godrej, 75, to his youngest daughter Nisaba, 39, (Harvard MBA). Sister Tanya, 49, (Harvard MBA), is the group's chief brand officer. Brother Pirojsha, 36, (Wharton MBA), heads the group's real estate assets. Fifth-generation Kumar Birla, 50, (No. 8), of Aditya Birla Group con...Keep on reading: India’s next generation.....»»

Source: Inquirer InquirerCategory: May 24th, 2018Related News

Indonesia ride-hailing app GoJek says expanding abroad, including PH

A Gojek rider transports a passenger in Jakarta on February 2, 2017. / AFP PHOTO / Bay ISMOYO Indonesian ride-hailing app Go-Jek said Thursday it would expand into Vietnam, Thailand, Singapore and.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsMay 24th, 2018Related News

Batang Gilas stars Padrigao, Cortez to join BWB Asia Camp in India

NBA press release NEW YORK, MIES, MUMBAI – The National Basketball Association (NBA), the International Basketball Federation (FIBA) and the Basketball Federation of India (BFI) today announced the top 66 boys and girls from 16 countries and territories who will participate in the 10th edition of Basketball Without Borders (BWB) Asia. BWB Asia 2018 will be held May 30 – June 2 at The NBA Academy India in Delhi National Capital Region (NCR), marking the second time that the NBA and FIBA’s global basketball development and community outreach program will be held in India. Nike will serve as the official partner. Corey Brewer (Oklahoma City Thunder; U.S.), Caris LeVert (Brooklyn Nets; U.S.), Kelly Olynyk (Miami Heat; Canada; BWB Americas 2009), Dwight Powell (Dallas Mavericks; Canada), two-time WNBA Champion Ruth Riley, and former WNBA player Ebony Hoffman will coach the top high school age campers from throughout the Asia-Pacific region. BWB Asia 2018 will feature two current prospects from NBA Academies, the league’s signature elite player development initiative that consists of a network of elite basketball training centers around the world for top male and female prospects from outside the U.S. Since October 2016, NBA Academies have been launched in Canberra, Australia; Jinan, Urumqi and Zhuji, China; Delhi NCR, India; Mexico City, Mexico; and Thies, Senegal. Players and coaches will lead the campers through a variety of activities on and off the court, including movement efficiency, positional skill development, shooting and skills competitions, 5-on-5 games, and daily life skills seminars focusing on health, leadership and communication. One boy and one girl will be named BWB Asia 2018 MVPs at the conclusion of the four-day camp. BWB Asia 2018 will be preceded by a basketball development camp May 27 – 29 for the 18 female prospects from throughout India as part of The NBA Academies Women’s Program. 1996 Olympic Gold Medalist and Women’s Basketball Hall of Fame member Jennifer Azzi, Riley and former college coach Blair Hardiek – the global technical directors for women’s programming across the league’s seven academies – will oversee the camp. BWB Asia 2018 and The NBA Academies Women’s Program camp will also include a variety of NBA Cares and Jr. NBA community outreach efforts with youth in New Delhi in partnership with local community organizations, including basketball clinics for more than 150 youth from the Reliance Foundation Jr. NBA program and the NBA Basketball Schools in New Delhi. These programs will highlight the power of sport to promote cultural understanding while teaching the importance of a healthy, active lifestyle and the values of the game, including teamwork, respect, determination and community. Current NBA assistant coaches Bret Brielmaier (Nets), Darvin Ham (Atlanta Hawks), Ryan Saunders (Minnesota Timberwolves), and Mike Wells (Utah Jazz) will also serve as BWB Asia 2018 coaches. Patrick Hunt (President of the World Association of Basketball Coaches; Australia) will be the camp director. Casey Smith (Mavericks) will serve as the camp’s athletic trainer. Nike, a BWB global partner since 2002, will outfit the campers and coaches with Nike apparel and footwear. BWB has reached more than 3,190 participants from 127 countries and territories since 2001, with more than 50 former campers drafted into the NBA or signed as free agents. A record 24 former BWB campers were on opening-night rosters for the 2017-18 season. The NBA and FIBA have staged 53 BWB camps in 33 cities across 27 countries on six continents. More than 250 current and former NBA, WNBA and FIBA players have joined more than 200 NBA team personnel from all 30 NBA teams to support BWB across the world. BWB Asia was previously held in India in 2008. The NBA Academy India, an elite basketball training center in Delhi NCR for the top male and female prospects from throughout India and the first of its kind in the country, officially opened in May 2017 and builds on the NBA’s existing basketball and youth development initiatives in India. The Reliance Foundation Jr. NBA program has reached more than 6 million youth and trained more than 5,000 physical education instructors nationwide since its launch in 2013. In April 2017, the NBA launched The NBA Basketball School, a network of tuition-based basketball development programs open to male and female players from outside the U.S. ages 6-18. NBA Basketball Schools have been launched in Mumbai, New Delhi, Pune and Punjab as part of a multiyear agreement with India On Track (IOT), one of India’s leading sports management, marketing and development companies. NBA Champion Kevin Durant became the first active NBA player to visit The NBA Academy India in July 2017. Follow BWB using the hashtag #BWBAsia on Facebook, Twitter and Instagram. Follow The NBA Academies Women’s Program using the hashtag #NBAAcademy on Facebook, Twitter and Instagram. Find out more about NBA Academies at and on Instagram (nbaacademy). Additional 2018 BWB camps in Serbia and South Africa will be announced at a later date. The following is a complete list of players participating in the 10th BWB Asia camp (rosters are subject to change): Girls Boys *Current NBA Academies Prospect **NBA Academies Women’s Program Participant.....»»

Source: Abscbn AbscbnCategory: SportsMay 24th, 2018Related News

Over 36K Pass Teachers Board Exams

A total of 36,710 examinees passed the Licensure Exam for Teachers (LET), the Professional Regulation Commission (PRC) announced on Wednesday. The number of passers this year comprise a 23.62 percent passing rate which is 2.71 percent lower than the most recent LET exams last September 2017. The PRC said 13,774 of the passers are elementary […].....»»

Source: Metrocebu MetrocebuCategory: NewsMay 24th, 2018Related News

Gov’t Debt Rises to 56% of GDP at End-March

The national government’s debt to gross domestic product (GDP) ratio went up to 56.2 percent as of end-March this year from the 55.2 percent debt-to-GDP ratio in the same period in 2017. In the economic bulletin released by the Department of Finance (DOF) Wednesday, it said the country has advanced its borrowing ahead of the […].....»»

Source: Metrocebu MetrocebuCategory: NewsMay 24th, 2018Related News

COA nudges Davao City over questionable workers

MANILA, Philippines – Three years after  more than 11,000 questionable workers of the Davao City government were flagged by the Commission on Audit (COA), state auditors again nudged the local government to comply with its long-standing recommendations. In the 2017 audit report of Davao City recently released by COA, state ........»»

Source: Rappler RapplerCategory: NewsMay 24th, 2018Related News

Teen slapped with $36M fine for starting Oregon wildfire

A 15-year-old boy was slapped with a $36.6-million fine for starting a huge wildfire in Oregon's Columbia River Gorge back in September. Hood River Judge John A. Olson issued the opinion regarding the case on Monday,The Oregonian reported. It said that the court had awarded restitution of $36,618,330 (around P1.9 billion) to cover costs in repairs and restoration of victims' homes and the gorge. Victims of the wildfire include the US Forest Service and the Oregon Department of Transportation. But Olson acknowledged that the boy could not pay the amount in total. Instead, he asked the local juvenile department to come up with a payment plan. This can be halted after 10 years if ...Keep on reading: Teen slapped with $36M fine for starting Oregon wildfire.....»»

Source: Inquirer InquirerCategory: May 24th, 2018Related News

Marawi City: A year of valor and bravery

It was only a year ago that the Armed Forces of the Philippines got thoroughly tested by the Maute Group led by Omar Maute and Isnilon Hapilon and a thousand men when a team of policemen and military went to Marawi City on May 23, 2017 based on information that these two militant leaders were holed out in that city to arrest them......»»

Source: Philstar PhilstarCategory: NewsMay 24th, 2018Related News

In 360 video: Hope for Marawi a year after the siege

MARAWI CITY, Philippines –Thousands of families from Marawi and neighboring communities left everything behind when armed conflict broke out on May 23, 2017. Five months of war displaced more than 353,000 people. Most of those who fled moved in with relatives in nearby towns and cities. Others turned to evacuation ........»»

Source: Rappler RapplerCategory: NewsMay 23rd, 2018Related News

Insurers earn P8 billion in Q1, 27% more than 2017

The insurance industry’s net income grew by 27 percent to P8.03 billion in the first quarter from P6.34 billion in the same period last year, the Insurance Commission reported yesterday......»»

Source: Philstar PhilstarCategory: FinanceMay 23rd, 2018Related News

Philippines misses most of 2017 labour targets

While the current unemployment rate has improved compared to previous decades, this is still behind the 5.1-5.4 percent target set in 2017 The Philippines improved in addressing unemployment and lo.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsMay 23rd, 2018Related News

PHOTO ESSAY: The year that was in Marawi

The nation stood still afternoon of May 23, 2017 when social media was flooded with photographs and video clips of armed men clad in black, carrying black ISIS flags moving around vital areas in Marawi City. By early evening, some parts of Marawi were on fire and before the nation could fully understand what was […].....»»

Source: Mindanews MindanewsCategory: NewsMay 23rd, 2018Related News

Insular Life income rises

INSULAR LIFE Assurance Company, Ltd. reported a fresh banner year in 2017, with sustained income growth supported by a wider distribution network via bancassurance as well as a fully-digital sales system. The life insurer said its consolidated net income reached P5.03 billion in 2017, posting a two percent increase from P4.9 billion the previous year. […] The post Insular Life income rises appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: NewsMay 23rd, 2018Related News

Battle-scarred: Marawi structures that remind us of the war

MARAWI CITY, Philippines – The siege of Marawi erupted in a safehouse in barangay Basak Malutlut in the middle of afternoon on May 23, 2017. Isnilon Hapilon, named the emir of the Islamic State (ISIS) in Southeast Asia, was the target of a military raid.  Hapilon and his men fired back and triggered ........»»

Source: Rappler RapplerCategory: NewsMay 23rd, 2018Related News

PH football looks to follow Germany, Japan success path with My PFF

MANILA, Philippines – By setting up a simple My PFF national registration program, the Philippines hopes to take a small step in replicating the path to success of world football giants Germany and Japan. Launched in July 2017, the My PFF program aims to create a database which features the registered ........»»

Source: Rappler RapplerCategory: NewsMay 23rd, 2018Related News

One year later, tears flow as Marawi residents pray for the dead

MANILA, Philippines – Tears flowed as Marawi residents remembered the dead a year since the siege of Marawi City erupted on May 23, 2017. Events were lined up a year later on Wednesday, May 23, starting with the activity, "Honoring the Dead", led by peace adviser Secretary Jesus Dureza. The residents turned very ........»»

Source: Rappler RapplerCategory: NewsMay 23rd, 2018Related News