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Economic recovery takes ‘one step back’

The Philippine economic recovery is taking a step back to curb the surging coronavirus outbreak and fix the fragile health system waging a “losing battle” against the pandemic. Finance Secretary Carlos G. Dominguez III said yesterday that the return of Metro Manila and nearly provinces to a stricter lockdown may take a toll on the drivers of economic rebound in the near-term. But Dominguez said that if the reimposed stricter modified enhanced community quarantine (MECQ) is correctly implemented, it will have a favorable impact on the nation’s long-term economic prospects. “In the short run, the return to MECQ may negatively affect livelihoods, consumer demand and production. However, if the time is used to boost all our medical resources and prevent further spread of the virus, then the MECQ will be positive for the long haul,” Dominguez said. As this is a new virus, Dominguez explained that nations, including the Philippines, continuously learn to adapt to the challenges posed by the new and uncertain environment induced by coronavirus. “The whole world is learning how to dance with this virus: two steps forward and one step back,” Dominguez said.Earlier, the DOF chief pushed for a shift of Metro Manila and Calabarzon—accounting for about 70 percent of the country’s gross domestic product (GDP)—“as quickly as possible” to the most lenient quarantine status to kickstart the economy. However, President Duterte ordered Metro Manila, Bulacan, Cavite, Laguna, and Rizal back under the MECQ from August 4 to 18 following a surge of COVID-19 cases and the appeal of healthcare workers. The two week shift to MECQ for Metro Manila and its adjacent provinces starting today ceased some businesses and public transport, while work and quarantine passes are also reinforced to restrict non-essential movements. Reverting to MECQ is an unwelcome develop for the economic managers as it could derail hopes for a recovery in the third quarter of the year. Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua earlier said the economic impact of the quarantine measures in country was “more severe than expected.”  Days before Metro Maila reverted to MECQ, Dominguez said the local economy had already hit bottom and started to recover from the coronavirus-induced crisis, noting business activities have begun to pick up. The government had gradually eased the tough virus lockdown measures after the economy shrank by 0.2 percent in the first quarter......»»

Category: sportsSource: abscbn abscbnAug 3rd, 2020

Solons to gov’t: Heed the plea of medical workers

Lawmakers expressed all-out support on Sunday (August 2) to the appeal made by Philippine College of Physicians and the Philippine Medical Associationto shift Mega Manila back to a 15-day enhanced community quarantine (ECQ), even as they sought a change in leadership in the Department of Health (DOH) and other agencies handling the country’s response against COVID-19. (JANSEN ROMERO / FILE PHOTO / MANILA BULLETIN) Albay 1st District Rep. Edcel Lagman, Anakalusugan partylist Rep. Michael Defensor, Bayan Muna partylist Rep.  Carlos Isagani Zarate, and Quezon City  2nd District Rep. Precious Hipolito Castelo called on the government to heed the plea of the medical experts and frontliners for more stringent health protocols in critical areas. “While both the health and economic crisis wrought by  the still ravaging COVID-19 pandemic must be both effectively addressed, the relief and recovery of the people’s health must be prioritized. Lives lost are forfeited forever but businesses lost can be redeemed,” Lagman said in a statement.“We must learn from the bitter lesson experienced by other countries like Japan which prematurely reopened economic, leisure and domestic travel activities only to be besieged later by a resurgence of the viral contagion,” he stressed.  Defensor, chairperson of the House Committee on Public Accounts, said, “If our leading doctors are prescribing it, then as good patients, we are all for Mega Manila’s brief return to an ECQ.” “Our sense is, our public health system is on the verge of collapse, and the momentary return to an ECQ will buy everybody more time to gird for a longer battle against the coronavirus disease,” he said. He said once the government gives in to the appeal, the COVID-19 National Task Force should take that opportunity to fix the lack of hospital staff due to doctors, nurses and other personnel getting infected and still recovering, or undergoing routine seclusion after possible exposure; expand the bed capacities of makeshift hospitals and quarantine facilities; and improve case-finding and the isolation of suspected cases. Defensor said the government should also step up contact-tracing and quarantining; upgrade public transportation options and safety; strengthen workplace protection; build up enforcement of and public compliance with self-protective measures such as the wearing of face masks and face shields, handwashing as well as social and physical distancing; and increase financial and livelihood support to distressed households. Zarate said they are one with our frontliners in demanding a reprieve from the overwhelming cases of COVID-19, particularly in the National Capital Region. “Reverting back to ECQ or whatever level of lockdown is useless or will be for naught if the primary recommendation of frontliners like free mass testing, pro-active contact tracing, isolation and treatment will not be seriously implemented by the government,” he said in a statement. For her part, Castelo said, “Let us listen to them. They are the ones on the frontline. Indeed, after five months of fighting this pandemic, they are exhausted physically, emotionally and mentally.” She laments that several doctors and nurses have died and many others have fallen sick while battling COVID-19. “Our medical workers are asking for a short time to recuperate. Let us give it to them,” she said. In a radio interview, Surigao del Norte 2nd district Rep. Robert Ace Barbers said the government should strike a balance between the economy and health of the Filipinos, but it should be tilted somehow, in favor of health amid the appeal made by physicians to shift Mega Manila back to a 15-day ECQ. He asked the DOH to come up with “a system, a policy, or even perhaps a strategy” to reinforce the country’s health system by augmenting the medical force.  In a separate statement, Assistant Minority Leader and ACT Teachers Representative France Castro said the Inter Agency Task Force for COVID-19 should be headed by medical experts instead of generals who have done nothing but to impose military solutions to combat a public health crisis.  “Our frontliners are already pleading to the Duterte administration to implement a comprehensive medical plan to address the COVID-19 pandemic in the country. The government needs to listen and take concrete actions with the demands of our healthcare workers,” she said.   “It is high time that medical experts lead in the fight against COVID-19 instead of military generals. Medical experts who will not twist data and try to sanitize the numbers. We need medical experts who use science and not allow an entire population to be used as guinea pigs in a failed response and inadequate policies for public health safety.”.....»»

Category: newsSource:  mb.com.phRelated NewsAug 2nd, 2020

Latin America to bear worst impact from coronavirus: World Bank

Latin America and the Caribbean will suffer the worst economic and health impact from the coronavirus, the World Bank said Friday, forecasting a nearly 8.0 percent drop in regional GDP. “Our region is suffering the worst economic and health impacts of Covid-19 of anywhere in the world,” according to Carlos Felipe Jaramillo, the Bank’s regional vice president. He said the findings in the report “calls for clarity on how to combat the pandemic and put the economies back on track for a swift recovery.”  In its report, “The Cost of Staying Healthy” the Bank addresses the impact of the pandemic in a region with with high Covid-19 mortality and infection rates such as Brazil, Mexico and Peru. “The number of deaths per million people is as high as in advanced economies, if not more, but the resources available to counter the shock are much more constrained,” it said.  The bank forecasts a recovery with growth of 4.0 percent in 2021. The report forecasts a region-wide 7.9 percent drop in GDP, a slightly more negative outlook for 2020 than its last assessment in June of a likely 7.2 percent contraction. Crisis-wracked Venezuela — in acute recession for several years and with a government that at least 50 countries refuse to recognize — is not taken into account in the figures. The Covid-related economic crisis follows “several years of disappointing economic growth and limited progress on social indicators, and right after a wave of social unrest,” the report said. “The social damage is immense” the institution warned, adding that unemployment rates had soared across the region, “sometimes substantially.”  Surveys conducted in 13 countries in the region showed that the share of households suffering a decline in income is higher than the share experiencing job losses, it said. The findings suggest that “the impact of the crisis is not only severe but also potentially long-lasting.”.....»»

Category: newsSource:  mb.com.phRelated NewsOct 9th, 2020

Trump restarts public speeches, falsely claims Covid has a cure

US President Donald Trump will give a public speech at the White House on Saturday for the first time since testing positive for Covid-19, and will also hold a Florida rally next week in an attempt to relaunch his stumbling reelection campaign with only 25 days to go. Knocked off the campaign trail by his hospitalization for three nights last week, the president is in the midst of a frenetic bid to catch up with surging Democratic challenger Joe Biden. On Friday, during an extended media blitz, he falsely claimed that Covid-19 now has a cure. He also revealed that he’d been told he was near death at the worst of his bout with the virus, which has killed more than 210,000 Americans and severely dented his chances of winning a second term on November 3. Saturday’s speech, which a senior administration official said would be on Trump’s favored theme of “law and order,” will give him a chance to dispel lingering doubts about his health. The crowd will be on the South Lawn of the White House, while the president will stand up on the balcony, the official said, confirming US media reports. And on Monday, Trump will take another big step by holding a rally in Sanford, in the crucial electoral state of Florida, his campaign said. The events come despite continued questions over how sick Trump was last week and how complete his recovery is now, with White House officials refusing to answer basic queries including the date on which the president first contracted the virus and whether he has tested negative since. – ‘Better than a vaccine’ – On Friday, Trump gave a marathon interview to right-wing talk radio host Rush Limbaugh in which he said the experimental Regeneron antibody cocktail that he took as part of therapeutic treatment was “a cure.” It’s “a total game changer” and “better than a vaccine,” he said. In fact, there is no cure and still no approved vaccine for the coronavirus. Trump repeatedly asserted that he feels fine and he has been backed up by statements from the presidential physician, Sean Conley. But in his Limbaugh interview, Trump suggested for the first time that he had been close to death, had it not been for the therapeutic drugs. “I’m talking to you today because of it. I could have been a bad victim,” he said, referring to friends of his who had died from Covid-19. Trump said that doctors told him afterward, “you were going into a very bad phase.”  “You know what that means,” said the president. According to Conley, Trump is now fit for a “safe return to public engagement” from Saturday. – Battle for attention – Trump has tried to fill the gap left by his enforced absence from the campaign trail by making back-to-back appearances on friendly media outlets. He twice spoke at length on Fox on Thursday and was due back on Fox’s Tucker Carlson Tonight show late Friday, appearing from the White House where he was to undergo what the network described as an on-air “medical evaluation,” conducted remotely by Fox contributor Doctor Marc Siegel. Biden, however, is already picking up the pace of travel, with a stop in Nevada on Friday after going to Arizona on Thursday. Polls show Biden leads heavily in key demographics including women and the elderly, prompting analysts to talk increasingly of a possible landslide victory. Trump’s biggest liability — overwhelming public dissatisfaction over his handling of the coronavirus crisis — has returned as the headline issue of the campaign thanks to the president’s own infection. Adding to the pressure, congressional Democrats who control the House of Representatives unveiled plans for a commission to investigate a president’s physical and mental fitness for the job — a move clearly meant to jab at Trump. The speaker of the House, Nancy Pelosi, said it was time to examine Trump’s “disassociation from reality.”.....»»

Category: newsSource:  mb.com.phRelated NewsOct 9th, 2020

Australia rolling back banking regulations to spur economy

Sydney, Australia---Australia plans to roll back “responsible lending” laws adopted in the wake of the financial crisis in an effort to spur an economic recovery from the coronavirus pandemic, officials said Friday......»»

Category: financeSource:  thestandardRelated NewsSep 26th, 2020

Thailand Moves a Step Closer to Welcoming Back Foreign Tourists

Thailand will start issuing special visas to foreign tourists starting October, easing a more than five-month-old ban on visitors to revive the nation’s ailing tourism-reliant economy. Prime Minister Prayuth Chan-Ocha’s cabinet approved a proposal to issue visas to tourists planning to stay between 90 and 280 days in Thailand, according to government spokeswoman Traisuree Taisaranakul. The tourists will undergo a mandatory 14-day state quarantine on arrival at partner hotels or hospitals and follow health and safety regulations, she said. The government expects about 1,200 visitors to avail themselves of these visas each month, generating about 1.2 billion baht ($38.5 million) in revenue. The easing of border restrictions may boost the nation’s pandemic-battered tourism industry and cushion the blow to an economy projected to contract 8.5% this year. The news of cabinet approval for special visas triggered a rally among hotel and travel operators in Bangkok. A measure of Thai tourism and leisure stocks jumped 4.5%, the biggest gainer among the Stock Exchange of Thailand’s 28 industry groups. It was also the index’s largest increase since May 26. While Hotel operators Erawan Group Pcl and Central Plaza Hotel Pcl surged more than 8%, Minor International Pcl advanced 5.5%. Thailand’s tourism and hospitality sectors are counting on the return of international visitors, who contributed to two-thirds of tourism income before the pandemic, to reverse the slump in businesses and save millions of jobs. A government campaign to boost travel by locals through hotel and air travel concessions has failed to make up for the slump in earnings, but the move to allow foreigners in small batches will still be a relief to the industry. “There will not be a huge economic impact from this as it still can’t compensate for the revenue lost, but it will help,” Somprawin Manprasert, chief economist at Bank of Ayudhya Pcl said. “This plan still targets a higher-spending group of foreign visitors which will not benefit tourism industry operators that have lower to mid-price points, who will still suffer.” The move to relax curbs on foreign tourists also follows Thailand’s relative success in containing the coronavirus outbreak. The nation went without a local transmission for 100 days before the virus-free run was ended early this month. Though Thailand was the first country outside China to report the deadly virus, its cumulative cases stand at 3,480 with most patients already discharged from hospitals. The reopening to foreign tourists may be risky, but it is a manageable risk worth taking, Bank of Thailand’s Senior Director Don Nakornthab wrote in an article on the central bank’s website. The country may be headed for a second straight year of contraction in 2021 if it continued to restrict foreign visitor arrivals, Don wrote......»»

Category: sportsSource:  abscbnRelated NewsSep 15th, 2020

Uphill recovery

The International Monetary Fund made an honest assessment on the prospects of global economic recovery amid the coronavirus pandemic. The global economy has shown signs of bouncing back but a full recovery, says IMF chief Kristalina Georgieva, is “unlikely” without a vaccine......»»

Category: newsSource:  thestandardRelated NewsSep 10th, 2020

DOF seeks swift passage of 2021 budget, economic measures

The Department of Finance (DOF) has sought the swift enactment by Congress of the proposed national budget for next year along with the economic priority measures to rebuild the economy and decisively defeat coronavirus. Finance Secretary Carlos G. Dominguez III ( MB FILE, Albert Garcia) During a briefing for the Senate finance committee, Finance Secretary Carlos G. Dominguez III said the timely enactment of the P4.506 trillion 2021 national budget is a key component of the government’s comprehensive program under its economic bounce-back plan. On top of the budget, Dominguez also said that a “timely and decisive” passage of several economic priority measures are needed to accelerate economic recovery. The priority measures, now pending in Congress, include the Financial Institutions’ Strategic Transfer (FIST) Act, and the Government Financial Institutions’  Unified Initiatives to Distressed Enterprises for Economic Recovery (GUIDE) bill. FIST allows banks to dispose of bad loans and non-performing assets through asset management companies, while GUIDE seeks to allow state-run banks to form a special holding company that will infuse equity, with strict conditions, into strategically important companies facing insolvency.  Likewise, the finance chief urged the Senate to pass the proposed Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), which will  immediately lower the corporate income tax (CIT) rate from 30 percent to 25 percent. “The swift enactment of CREATE, FIST, GUIDE and the 2021 budget will serve to accelerate our economic recovery. We should not delay providing urgent and necessary relief to our people,” Dominguez said during the Development Budget Coordination Committee (DBCC) briefing. The DBCC is composed of the heads of the Department of Budget and Management (DBM), DOF, National Economic and Development Authority (NEDA), Bangko Sentral ng Pilipinas (BSP); and a senior representative from the Office of the President (OP). “We are committed to working closely with you on the recovery measures so that these can be enacted in a timely, decisive, and responsible manner,” Dominguez told members of the panel chaired by Senator Juan Edgardo Angara. He said the Duterte administration will continue to work with the legislature in passing the remaining packages of the comprehensive tax reform program (CTRP) that will, among others, institute reforms in property valuation and in the taxation of the financial sector. Dominguez said economic recovery also rests on sustaining President Duterte’s signature program “Build, Build, Build,” as sound infrastructure investments provide the largest multiplier effect on the economy in the form of more jobs creation,  increased consumption, and the generation of additional productive activities......»»

Category: newsSource:  mb.com.phRelated NewsSep 9th, 2020

Cebu City needs comprehensive pandemic ‘bounce back’ plan – dad

CEBU CITY, Philippines — Cebu City Councilor Alvin Dizon is asking Mayor Edgardo Labella and Vice Mayor Michael Rama to convene the executive and legislative departments of the city to create a comprehensive recovery plan for the pandemic. Dizon said that the economic impacts of the pandemic were already being felt here in the city […] The post Cebu City needs comprehensive pandemic ‘bounce back’ plan – dad appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsAug 21st, 2020

RIVERMAN’S VISTA:  A United Village Against Anti-Terror Law

QUEZON CITY (MindaNews / 18 August) — We often hear and say the African proverb: “It takes a village to raise a child.” One can understand it merely from the point of view of the ‘child’. But a step back and a turn towards the ‘village’ could lead us to a fuller understanding of the […].....»»

Category: newsSource:  mindanewsRelated NewsAug 20th, 2020

House sets 3-step strategy for economic recovery

The House is planning to pass three measures to accelerate the nation’s economic recovery from recession caused by the COVID-19 pandemic......»»

Category: newsSource:  philstarRelated NewsJul 25th, 2020

No strong recovery in fourth quarter

When the Duterte administration decided on March 14 to place Metro Manila and Luzon, and the rest the country, under Enhanced Community Quarantine and General Community Quarantine, respectively, after having banned international airline flights, economists and financial analysts went back to their drawing boards to prepare forecasts of Philippine economic activity in the pandemic-afflicted period that lay immediately ahead......»»

Category: newsSource:  thestandardRelated NewsJul 16th, 2020

Commentary: COVID-19 pandemic an opportunity to change environmental policies

As we reach for the economic reset button in the face of the continuing threat of the COVID-19 pandemic, let’s take a step back and reimagine what the country would and should look like in the new normal......»»

Category: newsSource:  philstarRelated NewsJul 4th, 2020

NCAA: Tang believes his Blazers are ready to take next step forward

TY Tang's arrival at the College of St. Benilde came at just the right time. In NCAA Season 92, the Blazers lost 17 straight games before managing to finish the year with a 1-17 record. Next season, first-time coach Tang took over and CSB's rebuild was officially underway. In Season 93, the Blazers went 4-14. In Season 94, CSB finished 10-8 and was one game back from a Final Four appearance. It's some good progress, but Tang knows there's more room for growth. "We need more talented players for one, that's gonna make life easier but more than that, to all the players that are watching, I believe in you guys," Tang said during his appearance on Coaches Unfiltered. "I have complete trust that we're gonna make it this time around. I believe it's more of the camaraderie, more of the blending of the culture, the toughness physically and mentally being tough inside the court, that's something that we really lack in," he added. In the recent NCAA Season 95, the Blazers started hot, reeling off five straight wins to start and were tied for the second-best record after round 1. However, Benilde fell apart and lost nine of ten games, including six straight in the second round. Ultimately, the Blazers finished fifth for the second straight season but took one step back with just an even 9-9 record. "I think it's really more of that, not being able to collapse or not being able to think of what lies ahead or sometimes we're being too emotional when we win and when we lose," Tang said. "We can't just put ourselves in a calm manner, just to go with the flow and get there first and then afterwards, celebrate. Medyo ano pa kami, we're still immature in terms of that aspect," he added. The year is pretty long in the NCAA, and it takes patience to be able to endure the grind.  Coach TY hopes that the failures of the last two seasons can help a more mature Blazers team to move forward for Season 96. "We're hoping that through these experiences these past seasons, we'll be able to achieve higher goals this season," Tang said.   — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsJun 28th, 2020

Exporters back stimulus plan to support investors, MSMEs

The umbrella group of the country’s exporters is pushing for stimulus measures such as the Accelerated Recovery and Investments Stimulus for the Economy bill, COVID-19 Unemployment Reduction Economic Stimulus and the proposed reduction of the corporate income tax rate to 25 percent, to support investors and micro, small and medium enterprises......»»

Category: newsSource:  philstarRelated NewsJun 13th, 2020

Grameen, J.P. Morgan partner in COVID response

J.P. Morgan understood early that relief and recovery of individual entrepreneurs, especially women, would be a critical step to ensuring the economic resilience of the Philippines in this time of crisis, and we are proud to partner with them on this important initiative. The post Grameen, J.P. Morgan partner in COVID response appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsJun 4th, 2020

SUPER SHOWDOWN: La Salle Ricci-UP Ricci

The University of the Philippines' future remains bright with Ricci Rivero coming back for more. After a solid season in his first go-round in maroon and green, the all-around swingman will join forces yet again with Bright Akhuetie and Kobe Paras as the Fighting Maroons set out to build on back-to-back playoff appearances. For sure, State U's future is still secure with Rivero in the fold. Not too long ago, though, the just turned 22-year-old was also the future in De La Salle University. In fact, he was supposed-to-be the Green Archers' next great homegrown talent. It wasn't meant to be, however, as circumstances led him out of Taft Avenue and into Diliman. Still, his time in green and white remains his most successful yet - what with a championship and a Mythical selection under his belt. If it were up to you, which Ricci Rivero would you have on your side? The Ricci Rivero who had just launched off en route to greater and greater heights in La Salle or the Ricci Rivero who has been more grounded and more well-rounded in UP? That is what we try to compare and contrast in this week's ABS-CBN Sports Super Showdown. In studying the player he was and the player he is, we will be comparing those two in five categories (inside scoring, outside scoring, defense, health, and impact) with a boxing-style 10-point must system determining the decision. INSIDE SCORING The very first thing Rivero did in UP? Oop an alley. .@_ricciiirivero turns 22 today. The ride's just begun for the Euro step king ???? pic.twitter.com/QzCK5DHZS5 — ABS-CBN Sports (@abscbnsports) May 25, 2020 Yes, his first basket as a Fighting Maroon was a right-handed hammer to finish off a setup by Jun Manzo. The 6-foot-2 swingman has long had the hops, even in his time in La Salle Green Hills, but he has complemented all that now in State U with the capability and confidence to finish with either hand. Along with that, Rivero also wields the wisdom to, at times, just absorb contact and get the points from the line. That is a far cry from his younger days when he was wont to force the issue, leading to many, many wild shots. Make no mistake, La Salle Ricci was already a beast in the paint, but now, he has paired that up with beauty of finishes in maroon and green. Advantage UP Ricci, 10-9 OUTSIDE SCORING The sidestep will always and always be linked to Rivero. Safe to say, that is his trademark whether it be in the open court or in set plays. In UP, however, the Isabela native has found more room to be able to execute his Euro-steps - and that's because he has become more of a three-point threat. From nine made threes in 18 games in his second season in La Salle, he has upped that mark to 13 made threes in 16 games in his first year as a Fighting Maroon. Of course, there remains much room for improvement, but it could not be questioned that Rivero is now an inside-outside force. Advantage UP Ricci, 10-9 DEFENSE Rivero's hops also translates to defense as he could have a highlight block just as he could have a highlight dunk. He also has the quick feet to stay in front of his matchups. While he is solid at that end in UP, the former Greenie was actually a dogged defender in La Salle. In sync with the rest of the Green Archers in Aldin Ayo's patented "mayhem," Rivero was a menace all over the court for opposing guards and totaled 27 steals. More than the numbers, though, it was the effort and the energy that were very much evident while he was defending as a Green Archer. Advantage La Salle Ricci, 10-9 HEALTH More than a few aches and pains slowed down Rivero in his first year in UP. It’s already well-known that the Fighting Maroons were never at full strength in Season 82 and the brand new Youtuber was the perfect personification of that as he did not come close to 100 percent. Proving his talent, he still produced, but there is no question he could have done much more if he was at his maximum. That maximum is where he was at in La Salle, especially in his second year wherein he busted out all the way to the Mythical Team by posting per game counts of 14.1 points, 5.3 rebounds, 2.2 assists, and 1.5 steals. This, even though he came off the bench seven times out of 18. Of course, the bigger burden as a Fighting Maroon takes time to getting used to and who knows, in his encore in maroon and green, he will be at the peak of his powers anew. Advantage La Salle Ricci, 10-9 IMPACT Rivero started nine games and, alongside Akhuetie and Paras, was tasked to make sure UP got going right from tip-off. For the most part, he did just that and was a key cog in the Fighting Maroons’ first-ever second-seed and twice-to-beat advantage. Come the endgame, however, there seemed to be much difference from when he was in La Salle. The star of Metro Manila Film Festival entry “Otlum” was the green and white’s energizer off the bench, but was also one of its big guns when it mattered most. Whenever Cameroonian powerhouse Ben Mbala was bogged down, there was Rivero to pick up the slack. That was no truer than in Game 2 of the Season 80 Finals when he dropped 14 of his 18 points in the second half to energize his side to a winner-take-all matchup opposite archrival Ateneo de Manila University. Ultimately, they were dethroned, but the human highlight reel's big-time Game 2 made sure there was no Finals sweep. He may get to that point once more, no doubt, but for now, his last year in La Salle remains to be the biggest mark he has made. Advantage La Salle Ricci, 10-9 FINAL SCORE: 48-47 for La Salle Ricci.....»»

Category: sportsSource:  abscbnRelated NewsMay 26th, 2020

Baguio finalizing post-lockdown recovery plan

Baguio City is eyeing three phases towards bouncing back from the economic and social disruptions brought about by the enhanced community quarantine......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2020

New JLC gets back in front of camera through YouTube channel

JLC has returned to a screen near you - John Lloyd Clemente that is. National University's super swingman is using the downtime due to the community quarantine to put himself in front of the camera and present another side of himself. With his brand new YouTube channel, JLC is, slowly but surely, coming out of his shell. "Naisipan naming gawin yun kasi gusto naming magpasaya ng mga taong nasa bahay lang. Alam kong bored na bored na tayo lahat dahil hindi makalabas," he said, talking about the community quarantine in the continuing COVID-19 crisis. Known more as a player who lets his game do the talking, the 21-year-old is out to prove that he has a voice as well - and a quite interesting voice at that. In fact, his first video has him and sister Jai trying out the "mukbang challenge." Of course, the Clementes have only gotten closer thanks to this. "Actually, siya talaga maghilig sa vlog tapos niyaya lang niya ako. Ayun, nakagawa naman kami kahit hindi talaga kami marunong," he shared. He then continued, "Ngayon, may new bonding kami dahil sa vlog. Naging close kami lalo kasi may new skill kaming nalaman." Along with that, going on air is actually a step towards improvement for JLC as he takes on more of a leadership role in National U. With Dave Ildefonso having gone back to Ateneo de Manila University, the 6-foot-3 wing is now the Bulldogs' top gun. And entering his third year, he is also now one of the veterans looked at to lead. That's why Clemente is hard at work at finding his voice and then forwarding it. "Kailangan talagang maging vocal na ako ngayon. Hindi na ako rookie kaya kailangan maging leader ako on and off the court," he said. In this light, National U could only expect a new and improved JLC come UAAP 83. "Yes, sana madala ko nga itong confidence na ganito next season. Next season, new JLC na dapat," he said, through chuckles. Turning serious, though, he also added, "Isa na ako sa mga veteran kaya goal kong maging isa sa mga magiging boses ng NU men's basketball team." --- Follow this writer on Twitter, @riegogogo.....»»

Category: sportsSource:  abscbnRelated NewsApr 23rd, 2020

PGA Tour hopes to resume in June at Colonial with no fans

By DOUG FERGUSON AP Golf Writer The PGA Tour laid out an ambitious plan Thursday to resume its season the second week of June and keep fans away for at least a month, conceding that any return to golf depends on whether it can be played safely amid the coronavirus outbreak. The Charles Schwab Challenge at Colonial in Fort Worth, Texas, was pushed back to June 11-14. Assuming golf gets the green light from government and health officials, the tour then would have an official tournament every week through Dec. 6 except for a Thanksgiving break. “Our hope is to play a role — responsibly — in the world’s return to enjoying the things we love,” PGA Tour Commissioner Jay Monahan said. “But as we’ve stressed on several occasions, we will resume competition only when ... it is considered safe to do so under the guidance of the leading public health authorities.” Golf is the first sport to announce plans for a restart, although its arenas are far different from other sports because it is played over some 400 acres. It was the second significant step to try to salvage the year, following last week’s announcement of three majors — including the Masters in November — going later in the year. Even as it announced a truncated schedule, several key details were still being contemplated, such as testing for COVID-19 at tournaments. “We have a level of confidence that is based upon ... changes and developments being made in the world of testing, available tests,” said Andy Pazder, the tour’s chief officer of tournaments and competition. “We’re following very closely, through the assistance of our expert medical advisers, the development of more large-scale testing capabilities. ... It gives us confidence that we will be able to develop a strong testing protocol that will mitigate risk as much as we possibly can.” The RBC Heritage at Hilton Head, previously canceled this week, was brought back to be played after Colonial on June 18-21. Those dates previously belonged to the U.S. Open at Winged Foot, which plans to move to September. That would be followed by the Travelers Championship in Connecticut and the Rocket Mortgage Classic in Detroit. The tour said its invitation-based tournaments — Colonial, Hilton Head and the Memorial — would have their fields expanded to 144 players. Memorial, with Jack Nicklaus as the host, takes the July 16-19 week that had belonged to the British Open before it was canceled. The World Golf Championship in Memphis, Tennessee, now has the dates (July 30-Aug. 2) when the Olympics were to be played. If all goes according to plan, the season would end on Sept. 7 at the Tour Championship with a FedEx Cup champion getting the $15 million bonus. That would be a 36-tournament schedule, down from 48 tournaments on the original schedule. Three more tournaments were canceled, one permanently. The Canadian Open, the third-oldest on the PGA Tour schedule, said it would not be played this year. Also canceled was the Barbasol Championship in Kentucky, typically held the same week as the British Open. The Greenbrier tournament in West Virginia was canceled for good. The tour had only 40 events in 2013, a short season to prepare for the start of its wraparound season that now begins in the fall. Even so, it could lead to a peculiar two seasons. The current season could have only one major championship; the PGA Championship is scheduled for Aug. 6-9 at Harding Park in San Francisco. The following season could have two Masters, two U.S. Opens, the PGA Championship and the British Open. Other details the tour still has to sort out was who fell under the “essential” category that would be allowed at tournaments beyond players, caddies, scoring official, rules officials and support staff. Pazder said at least 25 players are outside the U.S., along with at least 35 caddies, all subject to international travel restrictions. “We are playing very close attention to if and when those restrictions are changed,” he said. Tyler Dennis, the tour’s chief of operations, said officials also were considering the movement of everyone who would be at a golf tournament. Social distancing in golf is not difficult; some people continue to play golf in states where courses remain open. Still to be determined is how to keep other areas, even the flag stick, sanitized......»»

Category: sportsSource:  abscbnRelated NewsApr 17th, 2020

Covid fight, economic recovery may entail higher 2020 budget

The prospect of a higher 2020 spending has been laid out as Department of Finance Secretary Carlos Dominguez III noted on the possibility should it is deemed necessary. “At this point, we are doing a bounce back plan for our economy and essentially, we are assessing the economic damage. We’ve done surveys and so far, […] The post Covid fight, economic recovery may entail higher 2020 budget appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsApr 8th, 2020