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DTI sees improved trade, investment to India

The Department of Trade and Industry (DTI) and its counterparts in India are now gearing up to pursue concrete initiatives, as both parties foresee an enhanced promotion of trade and investment between the Philippines and India. In a statement, Trade Undersecretary for Industry Development and Trade Policy, Dr. Ceferino S. Rodolfo, said this developed in […] The post DTI sees improved trade, investment to India appeared first on Daily Tribune......»»

Category: newsSource: tribune tribuneSep 29th, 2020

30 Teams in 30 Days: Nuggets to keep rolling with Nikola Jokic, Jamal Murray

Like most summers in the NBA, the 2019 edition was chock full of trades, free agent news and player movement. From the defending-champion Toronto Raptors to just about every other team in the league, change was the most applicable word when it came to describing team rosters for the 2019-20 season. With the opening of training camps just around the corner, NBA.com's Shaun Powell will evaluate the state of each franchise as it sits today -- in order of regular-season finish from 2018-19 -- as we look at 30 teams in 30 days. * * * Today's team: Denver Nuggets 2018-19 Record: 54-28, lost in the second round of the playoffs Key additions: Jerami Grant (trade), Bol Bol (draft) Key subtractions: Trey Lyles, Isaiah Thomas The lowdown: The steady growth of the Nuggets was evident in a 50-win season and a first-round victory in the playoffs over the more-experienced Spurs, which was clearly a step forward. Then the journey ended with a sour taste after Denver lost a Game 7 at home to a lower seed, the Blazers. In all, the Nuggets received almost everything they’d hoped for from a developing contender, especially in the form of Nikola Jokic. The multi-skilled Serb established himself as the league’s most talented big man, if not the best period, with a stellar performance that attracted some Kia MVP notice. He averaged 20 points, almost 11 rebounds and seven assists in an offense that ran through him, rare in today’s spread-the-floor league where centers are being phased out or pegged as role players and pick-setters. Jokic reminded many of Bill Walton or maybe Vlade Divac for his precise and sometimes entertaining passing skills from the high post. His co-star was Jamal Murray, who made generous strides as a leader and shot-maker and fit well with Jokic. The Nuggets also played some of the best defense in the league for much of the season and had solid backcourt depth with Monte Morris and Malik Beasley averaging a combined 21 points off the bench. There were mixed reviews, however, for Gary Harris. The starting two-guard didn’t improve and in some areas actually regressed as he struggled with injuries in a 57-game season. Same for Will Barton, who shot 40 percent and played 43 games. But those were nit-picks. The Nuggets finally arrived after going a league-leading 34-7 at home, reaching the second round of the playoffs for the first time in a decade, and using the draft and trades to remake the roster over the last few years to stay in the attic in the very competitive West, which was no easy task. Summer summary: When an NBA team reaches a critical stage of the developing process and checks all the necessary boxes, it’s time to keep the continuity. Which means, time to pay up, and the Nuggets did just that this summer with two of their important figures: Murray and GM Tim Connelly, and both were easy calls. Murray went from a rookie who played behind Emmanuel Mudiay to a dependable, sometimes clutch-shooting guard in just three seasons. While he’s obviously the starter at the point for the Nuggets, Murray’s value lies in his flexibility. He can play off the ball and be just as valuable whenever Jokic assumes the “point-center” role. He averaged 18.2 points and 4.8 assists and showed growth despite struggling at times in his first postseason. He also doesn’t turn 23 until February. So the Nuggets gave him $170 million over five years, banking on his continued growth, which appears to be a safe investment. Therefore, Denver’s two most important players, Jokic and Murray, are under contract together for the next three seasons. Connelly replaced Masai Ujiri in 2013 and repaid the Nuggets’ faith by overseeing a basketball operation that has run mostly smoothly ever since. He drafted Jokic at No. 41 and hired Mike Malone as coach. The Nuggets have gone from 33 wins in Malone’s first season to 54. Even better, the meat of the roster is trending in the right direction and there’s no dead weight. This summer, the Wizards, after firing Ernie Grunfeld, chased after Connelly, a Baltimore native who attended college in D.C. Connelly broke into the business as an intern for the Wizards and has family ties to the D.C area, so the prospect of leaving Denver was a real threat. Ultimately, Nuggets boss Josh Kroenke was successful in persuading Connelly to stay. Usually that comes with a promise of a significant raise, but more importantly, Connelly saw what he’s building in Denver and couldn’t leave unfinished business. Denver has a solid mix of youth and vets and is coming off a season where it was the No. 2 seed in the West. Hard to walk away from that. Paul Millsap also cashed in when the Nuggets agreed to pick up his 2019-20 option year for $30 million. There was some question whether the Nuggets would tie that much into a soon-to-be 35-year-old forward who, statistically anyway, is coming off his worst season since 2009-10 and his fewest minutes since 2008. But Millsap still brings a solid defensive mindset and experience, and anyway, the Nuggets were all about maintaining the flow this summer. Plus, Denver will remain under the luxury tax with with Millsap’s option. Millsap’s minutes could be reduced this season because the Nuggets traded for a more athletic option in Grant. With the Thunder, Grant improved his 3-point shooting last season and became more of a well-rounded forward. If used correctly by Malone, he can thrive in Denver, which badly needs his physical gifts. Of course, there’s also the wild card: Michael Porter Jr. The club’s first-round pick two summers ago sat all last season while recovering from a back issue, then was scratched from summer league play in July because of a minor knee issue which was more of a precautionary move. In a best-case scenario, Porter stays healthy and gives the Nuggets three options at power forward. Connelly didn’t have a first-round pick this summer but swung a deal to fetch a second-rounder once Bol Bol dropped to No. 44 in the draft. The son of former NBA player Manute Bol, he suffered a foot injury last season at Oregon and NBA teams were wary of his potential for recovery. Well, Connelly and the Nuggets will essentially treat Bol as they did Porter; Bol will be an injury red-shirt and prepare for 2020-21. And so, the Nuggets’ summer wasn’t about making wholesale changes, but keeping the pace they’ve set over the last three seasons and rewarding some of the key personnel responsible for it. Patience has allowed the Nuggets to get this far and so there was no reason to panic or rush the process this offseason. Shaun Powell has covered the NBA for more than 25 years. 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 NewsSep 28th, 2019

30 Teams in 30 Days: Nuggets to keep rolling with Nikola Jokic, Jamal Murray

Like most summers in the NBA, the 2019 edition was chock full of trades, free agent news and player movement. From the defending-champion Toronto Raptors to just about every other team in the league, change was the most applicable word when it came to describing team rosters for the 2019-20 season. With the opening of training camps just around the corner, NBA.com's Shaun Powell will evaluate the state of each franchise as it sits today -- in order of regular-season finish from 2018-19 -- as we look at 30 teams in 30 days. * * * Today's team: Denver Nuggets 2018-19 Record: 54-28, lost in the second round of the playoffs Key additions: Jerami Grant, forward (trade); Bol Bol, forward (draft). Key subtractions: Trey Lyles, forward; Isaiah Thomas, guard. The lowdown: The steady growth of the Nuggets was evident in a 50-win season and a first-round victory in the playoffs over the more-experienced Spurs, which was clearly a step forward; then the journey ended with a sour taste after Denver lost a Game 7 at home to a lower seed, the Blazers. In all, the Nuggets received almost everything they’d hoped for from a developing contender, especially in the form of Nikola Jokic. The multi-skilled Serb established himself as the league’s most talented big man, if not the best period, with a stellar performance that attracted some MVP notice. He averaged 20 points, almost 11 rebounds and seven assists in an offense that ran through him, rare in today’s spread-the-floor league where centers are being phased out or pegged as role players and pick-setters. Jokic reminded many of Bill Walton or maybe Vlade Divac for his precise and sometimes entertaining passing skills from the high post. His co-star was Jamal Murray, who made generous strides as a leader and shot-maker and fit well with Jokic. The Nuggets also played some of the best defense in the league for much of the season and had solid back-court depth with Monte Morris and Malik Beasley averaging a combined 21 points off the bench. There were mixed reviews, however, from Gary Harris; the starting two-guard didn’t improve and in some areas actually regressed as he struggled with injuries in a 57-game season. Same for Will Barton, who shot 40 percent and played 43 games. But those were nit-picks. The Nuggets finally arrived after going a league-leading 34-7 at home, reaching the second round of the playoffs for the first time in a decade, and using the draft and trades to remake the roster over the last few years to stay in the attic in the very competitive West, which was no easy task. Summer summary: When an NBA team reaches a critical stage of the developing process and checks all the necessary boxes, it’s time to keep the continuity. Which means, time to pay up, and the Nuggets did just that this summer with two of their important figures: Murray and GM Tim Connelly, and both were easy calls. Murray went from a rookie who played behind Emmanuel Mudiay to a dependable, sometimes clutch-shooting guard in just three seasons. While he’s obviously the starter at the point for the Nuggets, Murray’s value lies in his flexibility; he can play off the ball and be just as valuable whenever Jokic assumes the “point-center” role. He averaged 18.2 points and 4.8 assists and showed growth despite struggling at times in his first postseason. He also doesn’t turn 23 until February. So the Nuggets gave him $170 million over five years, banking on his continued growth, which appears to be a safe investment. Therefore, Denver’s two most important players, Jokic and Murray, are under contract together for the next three seasons. Connelly replaced Masai Ujiri in 2013 and repaid the Nuggets’ faith by overseeing a basketball operation that has run mostly smoothly ever since. He drafted Jokic at No. 41 and hired Mike Malone as coach. The Nuggets have gone from 33 wins in Malone’s first season to 54. Even better, the meat of the roster is trending in the right direction and there’s no dead weight. This summer, the Wizards, after firing Ernie Grunfeld, chased after Connelly, a Baltimore native who attended college in D.C. Connelly broke into the business as an intern for the Wizards and has family ties to the D.C area, so the prospect of leaving Denver was a real threat. Ultimately, Nuggets boss Josh Kroenke was successful in persuading Connelly to stay. Usually that comes with a promise of a significant raise, but more importantly, Connelly saw what he’s building in Denver and couldn’t leave unfinished business. Denver has solid mix of youth and vets and is coming off a season where it was the No. 2 seed in the West. Hard to walk away from that. Paul Millsap also cashed in when the Nuggets agreed to pick up his 2019-20 option year for $30 million. There was some question whether the Nuggets would tie that much into a soon-to-be 35-year-old forward who, statistically anyway, is coming off his worst season since 2009-10 and his fewest minutes since 2008. But Millsap still brings a solid defensive mindset and experience, and anyway, the Nuggets were all about maintaining the flow this summer. Plus, Denver will remain under the luxury tax with with Millsap’s option. Millsap’s minutes could be reduced this season because the Nuggets traded for a more athletic option in Grant. With the Thunder, Grant improved his 3-point shooting last season and became more of a well-rounded forward. If used correctly by Malone, he can thrive in Denver, which badly needs his physical gifts. Of course, there’s also the wild card: Michael Porter Jr. The club’s first-round pick two summers ago sat all last season while recovering from a back issue, then was scratched from summer league play in July because of a minor knee issue which was more of a precautionary move. In a best-case scenario, Porter stays healthy and gives the Nuggets three options at power forward. Connelly didn’t have a first-round pick this summer but swung a deal to fetch a second-rounder once Bol Bol dropped to No. 44 in the draft. The son of former NBA player Manute Bol, he suffered a foot injury last season at Oregon and NBA teams were wary of his potential for recovery. Well, Connelly and the Nuggets will essentially treat Bol as they did Porter; Bol will be an injury red-shirt and prepare for 2020-21. And so, the Nuggets’ summer wasn’t about making wholesale changes, but keeping the pace they’ve set over the last three seasons and rewarding some of the key personnel responsible for it. Patience has allowed the Nuggets to get this far and so there was no reason to panic or rush the process this offseason. Shaun Powell has covered the NBA for more than 25 years. 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 NewsSep 15th, 2019

PH holds trade and investment roadshow in India

The Philippines recently held trade and investment roadshows dubbed as "Business Round Table: Strategic Trade and Investment Opportunities with the Philippines" in two of India’s top business cities, Mumbai and Bangalore......»»

Category: newsSource:  samarnewsRelated NewsNov 17th, 2016

Philippines targets new businesses in India

MANILA, Philippines - The Philippines looks to tap new trade and investment partnership opportunities with India, the country’s 20th largest trading partner.....»»

Category: financeSource:  philstarRelated NewsOct 14th, 2016

PH HOLDS TRADE AND INVESTMENT ROADSHOW IN INDIA

The Philippines, through the Department of Trade and Industry’s Trade and Investment Center in New Delhi (PTIC – New Delhi) recently held trade and investment roadshows which were dubbed as &'8220;Business Round Table: Strategic Trade and In.....»»

Category: newsSource:  boholnewsdailyRelated NewsOct 14th, 2016

MinDA sees Mindanao as emerging economic hub in ASEAN

SURIGAO CITY-- With the shift in the pattern of world trade and investment destinations to Asian countries, the Mindanao Development Authority (MinDA) sees Mindanao’s strategic position as an advantage to become the next hub in Southeast Asia......»»

Category: newsSource:  mb.com.phRelated NewsAug 26th, 2016

PCCI forges partnership with Malaysia mfg group

The Philippine Chamber of Commerce and Industry has partnered with the Federation of Malaysian Manufacturers (FMM) to set up a regional network to strengthen trade and investment ties between the two countries......»»

Category: financeSource:  philstarRelated NewsOct 23rd, 2020

AC Energy to build solar project in India

Ayala Corp.’s energy unit, AC Energy Inc., said Monday it will expand its renewable energy footprint in India with the development of the 70-MW Paryapt solar project, its second solar investment in the country......»»

Category: financeSource:  thestandardRelated NewsOct 20th, 2020

FMIC sees slower Q3 economic decline

A slower decline in economic output of not more than five percent can be expected in the third quarter of the year as signs of recovery continue to be seen in the industry sector, said the investment banking arm of the Metrobank Group......»»

Category: financeSource:  philstarRelated NewsOct 19th, 2020

Salceda eyes $20b in foreign investments

Albay Rep. Joey Sarte Salceda seeks to lead a “relentless policy effort to secure whale-sized trading and investment opportunities for the Philippines” worth as much as $20 billion, amid the escalating US-China trade tensions that push global manufacturing investors to diversify their value chains......»»

Category: financeSource:  thestandardRelated NewsOct 6th, 2020

Philippines eyes preferential trade deal with India

The Philippines and India are looking at entering into a preferential trade agreement, the Department of Trade and Industry said......»»

Category: financeSource:  philstarRelated NewsOct 2nd, 2020

Philippines to Boost Trade With India

The Philippines and India are now working to improve trade relations despite the coronavirus disease 2019 (COVID-19) pandemic. Electronics and textile are two of many industries in both countries that will be highlighted in the trade boost. Agriculture and energy will also play a vital part to enhance the trade system of both countries. In […].....»»

Category: lifestyleSource:  abscbnRelated NewsOct 1st, 2020

PH, India eyeing trade agreement to reinforce ties

The Philippines and India agreed to consider a preferential trade agreement with the potential of forging a better strategic partnership in the face of the global pandemic......»»

Category: financeSource:  thestandardRelated NewsSep 30th, 2020

Philippines wants stronger US trade ties no matter who wins the White House

“We don’t meddle in their internal affairs. We just wish that Philippine-US trade and investment ties can be further strengthened moving forward,” Trade Secretary Ramon Lopez said in a text message when sought for comment......»»

Category: financeSource:  philstarRelated NewsSep 30th, 2020

Ateneo program favors player development, not championships – Baldwin

The mutli-titled coach sees his players not as an investment for a trophy or a gold medal, rather as an opportunity to mold and develop the next biggest stars in the court......»»

Category: sportsSource:  philstarRelated NewsSep 25th, 2020

Philippines sees no reason for EU to revoke trade perks

“But if they want to do that, we can't do anything. Let them see the suffering it will cause Filipinos,” presidential spokesman Harry Roque said......»»

Category: newsSource:  philstarRelated NewsSep 18th, 2020

DTI sees no increase in prices of Christmas products

MANILA, Philippines — The Department of Trade and Industry (DTI) on Thursday said it is not expecting an increase in the prices of Christmas products because of a slack in demand. But as the holiday season approaches, DTI Secretary Ramon Lopez is encouraging the public to buy goods to help businesses amid the coronavirus disease […] The post DTI sees no increase in prices of Christmas products appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsSep 17th, 2020

China Focus: China trade fair offers business opportunities amid pandemic

XIAMEN, Sept. 12 (Xinhua) -- Attending the 2020 China International Fair for Investment & Trade (CIFIT) in the Chinese coastal city of Xiamen, John Paul Inigo was busy selling a story of success......»»

Category: newsSource:  philippinetimesRelated NewsSep 13th, 2020

Davao expands tax, non-fiscal incentives for foreign, domestic investors

DAVAO CITY (MindaNews / 10 September) – The local government has expanded its tax holidays and improved non-fiscal incentives for foreign and domestic investors to drive up investments in the city, an official of the Davao City Investment Promotions Center (DCIPC) said. During a virtual press conference, Christian Cambaya, head of the Investor Assistance and […].....»»

Category: newsSource:  mindanewsRelated NewsSep 11th, 2020

Int l fair opens to boost investment, BRI cooperation

XIAMEN, Sept. 8 (Xinhua) -- The 2020 China International Fair for Investment & Trade (CIFIT) and the Belt and Road Investment Congress opened on Tuesday in Xiamen, east China's Fujian Province, off.....»»

Category: newsSource:  manilanewsRelated NewsSep 9th, 2020