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US consumers see gloomy future, sinking November confidence

The outlook among US consumers is increasingly grim, sending confidence lower as the country grapples with a surge in Covid-19 cases, according to a survey released Tuesday......»»

Category: newsSource: thestandard thestandardNov 25th, 2020

No conditions in China’s move to prioritize PH as vaccine recipient — Sta. Romana

China has not imposed any condition when it included the Philippines as among the priority nations to gain access to its potential coronavirus vaccine, according to a Filipino diplomat. Amb. Jose Santiago Sta. Romana Philippine Ambassador to China Jose Santiago Sta. Romana said China instead reminded the country to prepare its cold storage facilities amid the highly anticipated breakthrough in vaccine development. China will hopefully announce its mass production of the coronavirus vaccine before the end of the year or early next year, Sta. Romana said during an online Palace press briefing. “Hopefully, mass production and distribution will happen in the near future, as early as November and December in terms of production. And it will depend on our capability to receive the vaccines in terms of our facilities, in terms of distribution,” he said.  “The prospects are bright in terms of a breakthrough in vaccine,” he added. Sta. Romana made clear that the cold storage facilities for the potential COVID-19 vaccines are not conditions set by China but simply a reminder to ensure effective distribution of the vaccine.  “It’s just a reminder that if you get the vaccine and you don’t have cold chain storage, then it’s useless so you have to prepare,” he said, citing information from Chinese drug companies.  He said even if the Philippines is in the “priority list,” the distribution of the vaccine will be a challenge. He said the vaccines must be stored in “freezing conditions” to keep its efficacy.  “If exposed to tropical weather or to normal weather conditions, the vaccine could lose its effectiveness,” he said.So far, Sta. Romana said the vaccines being developed by Chinese pharmaceutical firms have entered phase 3 of the clinical trials. One of the potential vaccines have been approved for emergency use for health workers and other government frontliners. “The Chinese will make an announcement in the near future and then they’ll start their mass production. And once there is the mass production, then I think there will be distribution. Hopefully, before the end of the year; but surely by the first quarter of next year,” he said.  Asked if China has imposed any condition on the Philippines in exchange for the vaccine supply, Sta. Romana said: “No, not at all. Actually, we’re the ones, our condition is that it should pass our local requirements.” When asked if Beijing has pledged the amount of vaccines and if these will be given to Manila for free, Sta. Romana said the matter would entail more discussion. “I cannot give you a definitive answer right now but definitely in terms of number, you know, how they will do it kasi it depends on the—they’re talking of hundreds of millions in terms of production dito sa China. So, the question is iyong distribution and deployment,” he said. “They’re preparing their manufacturing facilities for the mass production of vaccines the moment approval is announced,” he added. Budget Secretary Wendel Avisado has assured that the government has funds that will be needed for the establishment of the cold storage facilities for the coronavirus vaccines. “Surely, as the sun rises in the east, there will be funds for that because the President will never allow that we will run short of the requirements to make sure that we have the storage facilities for all of these vaccines,” he said in the same online press conference. Last week, President Duterte expressed confidence about the safety of the vaccines being developed by China, citing the Asian neighbor is a modern country. He said the government has funds for the vaccine purchase, adding he was just waiting for China or Russia to contact him. “I’d be glad to open up my sleeves because I am confident with their vaccine,” he added......»»

Category: newsSource:  mb.com.phRelated NewsOct 22nd, 2020

Dad-to-be Phil Younghusband switches focus from football to fatherhood

Since officially hanging up his football spikes back in November of 2019, Filipino football star Phil Younghusband has been pretty much focused on building a family. Reconnecting with former long-time Philippine Men’s National Football Team teammate Neil Etheridge on Etheridge’s Isolation Catch-Up show on Instagram Live, Younghusband talked about how married life has been. Younghusband married Margaret Hall back in July of 2019, and the two recently just moved in to a new house in Cardiff, Wales, United Kingdom.         View this post on Instagram                   Thank you to everyone that shared our special day with us. We are overwhelmed by all the incredibly kind and touching messages that we have received. We would like to thank all of our family and friends most sincerely for all their love, support and guidance during our engagement. To all of our wedding suppliers, we cannot thank you enough for all you did and all the help you gave. Our wedding day was magical and it felt like a true fairytale. We are looking forward to our future together. With all our love, Mags and Phil. ??????20.07.19 #Marriage #Husband #Wife #Love #Happiness #Family #Friends #Magical #Fairytale #Dreamy #Enchanting #Wedding #HappilyEverAfter A post shared by Phil Younghusband (@philyounghusband10) on Jul 23, 2019 at 3:53am PDT “Married life is…I feel I have more confidence,” shared Younghusband. “I feel I’m never alone, I’ve always got someone there to support me and be there by my side. It’s been great so far, I love it, I’ve really enjoyed it.” After two years of dating, Younghusband proposed to Hall in December of 2017. “Married life has been amazing, I’m so proud to introduce Mags as Mrs. Younghusband, when I’m filling out forms, when she’s filling out forms, to see her write ‘Margaret Younghusband’, I feel really proud with every little thing we do. We just moved to England and we’ve got a place together for the first time here in England, as a married couple, so I think just everything we do, I feel just a little bit more proud, I have a little bit more confidence, it’s an amazing feeling,” Younghusband continued. While Younghusband ended the chapter of his life as a football player, the Azkals’ top goalscorer and record holder in matches played is now preparing for a brand new chapter of his life: fatherhood. Phil and Margaret are expecting their first child, a baby boy, later this year.         View this post on Instagram                   @magshall_ and I are excited to let everyone know that we are expecting a new addition to the Younghusband family in the Summer of 2020 ???????????? Mags has just entered her 2nd trimester and so far, she is doing really well ???? It has been our dream to be parents for a long time now and for our wishes to come true, we feel truly blessed by the Lord ???????? We hope to be half as good as parents as our Mother’s and Father’s have been to us and those parents we have surrounded ourselves with. Thank you to everyone for the support and we would like to wish you all a very Merry Christmas filled with love and happiness ?????? Thank you to @niceprintphoto for capturing our special moments and @lindsaycoalog for the makeup ???????? #Love #Happiness #Husband #Wife #Blessings #Pregnancy #BabyYounghusband #Joy #Family #Christmas #Thankful #TheYounghusbands #Philippines #Manila #England #Kent A post shared by Phil Younghusband (@philyounghusband10) on Dec 22, 2019 at 12:43am PST “When we found out Mags was pregnant - we took three tests - and when we found out, it was very emotional. We cried a little, and, it’s hard to put into words,” Younghusband shared. “For me, on a personal level, 2019 was an incredible year. Not so much, professional, but personally, it was a fantastic year. I can’t put into words when we found out that Mags was pregnant. I think it was the most amazing blessing, that you can create a life.” Younghusband talked about being able to finally become a role model for his son after he himself had looked up to a number of role models when he was younger. “For me, it’s a dream. I mentioned it on a post before, you surround yourself with role models and father figures all the time…and to know that you’re going to be in the same position, you look up to them and try to think about their strengths as fathers, to know that I’ll be in the same position and have to feel the same emotions that my father did about myself and James and Keri, it’s incredible, it’s very exciting, I can’t wait.” “It’s an incredible feeling to know that you created this life,” he added. With Younghusband being the undeniable face of Philippine football for more or less a decade, the immediate expectation for his son would be to follow in his footsteps. Younghusband says that he’ll support his son in whatever he wants to do, but given how popular football is in the UK, there’s no doubt that he gets exposed to “the beautiful game.” “You how it is when you grow up in England, we’ve got football everywhere, so I’m sure he’ll be exposed to it. I’ll support him in whatever,” Younghusband said. So does this mean that Filipino football fans can look forward to another generation of Younghusband excellence? “Obviously, we’ll expose him to all kinds of sports, our priority is to make sure that they’re active, but I think, with the amount of football you’re exposed to in this country, it’s inevitable,” Younghusband concluded. While Phil has said goodbye to his days as a football player, the Filipino-British striker believes that he still has a lot to do in Philippine football, and would even be open to joining the Azkals coaching staff if the opportunity presents itself. .....»»

Category: sportsSource:  abscbnRelated NewsApr 21st, 2020

BEST-OF-5 SERIES: The Pingoy Rules Part 5

In case you missed it: BEST-OF-5 SERIES: The Pingoy Rules Part 1 BEST-OF-5 SERIES: The Pingoy Rules Part 2 BEST-OF-5 SERIES: The Pingoy Rules Part 3 BEST-OF-5 SERIES: The Pingoy Rules Part 4 --- Pingoy Rule: Never lose hope. --- For the second time in two years, Jerie Pingoy had to have surgery done on his left foot. In November 2017, he injured his left foot in the final frame of the last game of the elimination round of the UAAP. In December 2017, the 5-foot-11 guard went to Pampanga to rid his left foot of bone spurs. Fast forward to June 2019 and his left foot was yet to be fully healed. A failed surgery as well as playing through pain worsened the bone spurs that had long been building up in Pingoy's left foot and he had no other choice but to go to famed sports doctor Raul Canlas. "Nung pinatingin namin kay Doc Canlas, sabi niya, bakit daw hindi inoperahan yung mismong may bone spurs," he shared in a phone interview. "Ako, wala naman akong kaalam-alam. Eh tapos na yun, wala na akong magagawa. Alangan namang habulin ko pa yung doktor dati." As the now-25-year-old was no longer with Adamson University, he had to pay for the new surgery out of his own pocket. Fortunately, he had his girlfriend not only to help him raise funds, but also to find a way to decrease the amount. "Yung girlfriend ko, nagwo-work sa Maxicare (a health maintenance organization) so yun, nag-apply kami ng health card. Buti naman, na-approve," he said. With that, Pingoy went under the knife for the second time in two years. And, as it turns out, it was an outpatient operation. "Ang kasama ko lang nun, girlfriend ko. Pasok kami Sunday, labas ng Monday kasi wala naman kaming ipon e. Binayad na namin lahat ng meron kami sa opera," he said. The good news is that at long last, his left foot is all well and good. As he put it, "At least, ngayon, okay na okay na." NOT ALONE That’s just one of the reasons why Pingoy believes he already has his life partner beside him. Talking about girlfriend Dixie Soberano, he said, full of love, "Through all the darkness na nangyari sa akin, she stayed with me. Alam niya kung gaano ka-struggle yung nangyari sa akin, pero nag-stay siya." He then continued, "Sobrang nagpapasalamat ako sa kanya kasi nandito siya, 'di niya ako iniwan. Siya pa nga laging nagpapaalala sa aking magpakundisyon ka, magpapayat ka para sa future natin." Not only that, Soberano was also how Pingoy received the biggest blessings in his life. In one-year-and-three-month-old Kaeden Jared and two-month-old Jaeden Keith, the Cebuano has even more will to go on and prove that his career is far from finished. "Sila yung nagbibigay ng inspirasyon sa akin. Ang practice namin sa CEU, alas sais ng umaga, pero gumigising ako ng alas kwatro kasi iniisip ko, para sa anak ko 'to, para sa kinabukasan nila 'to," he said. He leaves home motivated - and comes home even more motivated as he has a brand new dream to go alongside the one of him playing in the PBA. "Every time umuuwi ako, naiisip kong sana soon, yayaman ako at pag-uwi ko, sasabihan ko mga anak kong, 'Magbihis kayo, kakain tayo sa labas,'" he said. He then continued, "Tapos makikita ko kung gaano sila ka-excited. Talagang nagbago na buhay ko dahil sa kanila." NOT THE END Before COVID-19 shut down anything and everything, Pingoy looked like he was doing all in his power to put his career back on track. Just a month after Karate Kid-CEU took a chance on him, he proved diligent and disciplined in his extra work and trimmed down from 250 lbs. to just 197 lbs. Of course, having a life partner and two children, as well as his parents, relying on him is more than enough fuel to the fire. "Mahirap walang income eh. Nung isang taong nawala ako, as in walang income talaga eh kaya ngayon, kailangang magtulungan kami as a family," he said. Fortunately, the Scorpions have Pingoy's back as he claws and climbs the mountain once more. "Everybody deserves a second chance eh. Sakto kailangan ko rin ng point guard na leader para ma-guide yung mga bata namin," head coach Jeff Napa said. And there remains more than a few who have not lost faith. "If Koko can be given a chance and the confidence, he can still realize the potential that he has," Bo Perasol, the head coach who recruited and then mentored him in Ateneo de Manila University, said. In Napa, team manager Johnny Yap, and all of Karate Kid-CEU, Pingoy has another shot - as long as he keeps at it. "Maganda pa rin naman ang future ng batang yan basta mag-work hard lang siya nang todo at bumalik yung game shape niya. Yung talent at basketball sense kasi, meron na siya e," his new mentor said. FORGET-ME-NOT However, it is yet to be determined when the 2020 PBA D-League Aspirants Cup would resume action - or if it would even resume action. With COVID-19 posing more questions than answers, hope is all that Pingoy has for his career that has seen more starts and stops than rush hour traffic in EDSA. Still, hope is what he has been holding to all throughout - and is the reason he still stands even after having seen half of his collegiate career go to waste because of residency. Back-to-back MVP seasons in the UAAP Jrs. were followed by two years in a row of residency. A rookie year in Ateneo was followed by another season on the sidelines after transferring to Adamson. Two years as a Soaring Falcon were followed by a year out of the grid. Now, Jerie Pingoy, once thought to be special, just wants to have a shot at normal. This, even though what he has been through in his young life is already ripe for the pickings for a TV drama. "Sa lahat ng nangyari, parang gusto ko na ngang magpa-MMK e," he kidded. And who, if ever, would portray him on Maalala Mo Kaya? The answer to that is pretty clear in his eyes. "Si Gerald Anderson. Sakto pareho kaming Bisaya, pareho kaming gwapo." Without a doubt, after all that happened to him, the sense of humor is still there with Jerie Pingoy. Hopefully, the game that once made him a promising prospect is still there too. --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsApr 12th, 2020

Former FIFA head Blatter: Sarkozy meeting key to Qatar vote

By Graham Dunbar, Associated Press GENEVA (AP) — Former FIFA president Sepp Blatter says the arrest of soccer great Michel Platini as part of a French corruption probe lends weight to his version of how the United States lost the 2022 World Cup vote to Qatar. Blatter told The Associated Press on Tuesday that he has insisted for years that the result of the 2010 vote was swayed by a meeting in Paris two weeks earlier involving then-French President Nicolas Sarkozy, Platini and Qatar's future Emir. Blatter spoke hours after Platini, the former France midfielder who was the UEFA president at the time of the vote, was detained in Paris on Tuesday by French authorities who also questioned two former Sarkozy aides. "It's all detailed — what I always said," Blatter told the AP in a telephone interview from Zurich, citing the twobooks he has published since being banned by FIFA. Qatar beat the long-favored U.S. 14-8 in a final round of voting by a since-discredited FIFA executive committee. Most of the voters have since been banned by FIFA — including Blatter and Platini — indicted by the U.S. Department of Justice, or implicated elsewhere in financial wrongdoing. Two weeks ahead of the vote in Zurich, Platini had been hosted by Sarkozy at the French presidential residence, and met senior Qatari officials including then-crown prince Sheikh Tamim. According to Blatter, that Élysée Palace lunch changed the course of FIFA's plan to award the 2018 World Cup to Russia and the 2022 edition to the U.S. on the same day. "Platini phoned me and said, 'Listen, president, our gentlemen's agreement which we have made inside the FIFA executive committee will have difficulties to work,'" Blatter said Tuesday. In Blatter's version, Platini — who in 2015 acknowledged switching sides — and three other voters from European soccer body UEFA changed their planned American support. "It was four votes which have disappeared," he said. "If you change the four votes then the winner will be the USA." Platini has long insisted that the meeting did not influence his vote for Qatar less than two weeks later. "Sarkozy never asked me to vote for Qatar, but I knew what would be good," he told the AP in 2015. But, in the same interview, he also said that he "might have told" American officials earlier that he was going to vote for the United States' bid. On Tuesday, Platini's representatives denied any wrongdoing on his part, saying he is "absolutely confident in the future" and has "strictly nothing to reproach himself for." The 83-year-old Blatter, who is serving a six-year ban by the FIFA ethics committee, was interviewed as a potential witness by French investigators in Zurich in April 2017. On a day of intrigue for Blatter, the attorney general for Switzerland was recused from overseeing a sweeping criminal investigation of FIFA officials. The Swiss, French and American cases have shared information and evidence over the past five years, since the Blatter-led FIFA filed a complaint in 2014 about suspected money laundering in the 2018 and 2022 World Cup bidding contests. Now, Switzerland's federal criminal court removed attorney general Michael Lauber from his department's case because of undeclared meetings with current FIFA president Gianni Infantino. The federal court says it upheld requests by two claimants it did not identify. "Now I get part of my trust and confidence in the Swiss justice back," said Blatter, who has been a criminal suspect since September 2015 but never charged. He denies wrongdoing in a case which ended his 18-year FIFA presidency, and asked Tuesday: "Why the hell is not all over yet?" Criminal proceedings against Blatter are among at least 25 opened by Lauber's federal prosecution team in the wider soccer probe. Lauber's job has been at risk since two 2016 meetings with Infantino were revealed last November in the Football Leaks series publishing confidential emails and documents from the soccer industry. A disciplinary case was opened against Lauber last month when an undeclared third meeting with Infantino in Bern in June 2017 was revealed. "This is an old story," Blatter said of the investigations against him, adding he is recovering from knee replacement surgery four weeks ago. "I do hope that the Lord will give me enough time to live and to have a look at the end of this story.".....»»

Category: sportsSource:  abscbnRelated NewsJun 19th, 2019

Jaguars hire Marrone, bring back Coughlin, extend Caldwell

MARK LONG, AP Sports Writer br /> Jacksonville's coaching search landed someone from its past and present. The Jaguars can only hope the old-school combination leads to better results in the future. Owner Shad Khan hired Doug Marrone as head coach Monday and brought back Tom Coughlin to oversee football operations. Marrone replaces Gus Bradley, who was fired in late November after going 14-48 in three-plus seasons. The Jaguars (3-13) also gave general manager Dave Caldwell a two-year contract extension. So Marrone, Coughlin and Caldwell are now signed through 2019, giving the new regime a three-year window to, at the very least, make Jacksonville relevant in the AFC South. 'I have confidence that one day soon we'll look back on today's news as the moment that inspired and ultimately established the Jacksonville Jaguars as a football team that wins, week to week and season to season,' Khan said in a statement. 'The results will speak for themselves in time, but with Tom coming in to join Dave and Doug, there is no question the Jacksonville Jaguars are a stronger football team today.' Marrone and Caldwell will report to Coughlin, meaning Jacksonville's first coach is now in charge and will have final say in personnel decisions. Marrone is the fifth head coach in franchise history, following Coughlin (1995-2002), Jack Del Rio (2003-11), Mike Mularkey (2012) and Bradley (2013-16). 'I think Doug has earned the respect of the offensive players, and I'm excited for him to get this opportunity and the direction of this team,' quarterback Blake Bortles told AP in a text message. Coughlin, a winner of two Super Bowls in 12 seasons with the New York Giants, will serve as executive vice president of football operations. Coughlin, who led the Jaguars to four playoff appearances in his first five years, will have final say in the NFL draft and in free agency. Caldwell has been the primary decision maker in all personnel moves the last four years. 'I am honored to welcome Tom Coughlin back to Jacksonville, where winning was customary under his leadership,' Khan said. 'I know he expects the same in his return to head our football operations, and that's good news for us and Jaguars fans everywhere. The extension of Dave Caldwell's contract speaks to his excellent work thus far and the continued importance of complementing our talented and promising roster.' Khan, who hired Jed Hughes of Korn Ferry International to help with the search, also interviewed Atlanta offensive coordinator Kyle Shanahan, Tampa Bay defensive coordinator Mike Smith, New England offensive coordinator Josh McDaniels and Arizona offensive coordinator Harold Goodwin for the head coaching job. He ended up keeping Marrone, who served as Jacksonville's interim coach for the final two games. The Jaguars won one and blew a late lead in the season finale at Indianapolis. Players seemed to rally around him, but after the loss to the Colts, rookie cornerback Jalen Ramsey said a 'complete flip will serve us good.' Marrone and Coughlin could provide that. They surely will bring a different vibe, a much more disciplined approach that will put more emphasis on winning games than Bradley did. 'I can see what they're doing,' veteran tight end Marcedes Lewis told AP. 'These are good moves for a young team, a team that needs to be held to a certain standard. Marrone's a good man. He's good for the culture. 'It's not like we're bringing in a brand new coach and he's going to wipe the face of the earth of everything we've built.' Marrone likely will keep offensive coordinator Nate Hackett, providing some stability for the inconsistent Bortles. The 2014 first-round draft pick has had three play callers in three seasons. Marrone has been Jacksonville's assistant head coach/offensive line coach since January 2015. He joined the team after two seasons as Buffalo's head coach. He guided the Bills to a 15-17 record before opting out of his contract because of uncertainty over potential organizational changes. The Bills went 9-7 in Marrone's second season in 2014, the franchise's only winning record since 2004. The 70-year-old Coughlin led the Jaguars to a 68-60 record in eight seasons. Coughlin resigned last January after a dozen years with the Giants, but made it clear he wanted to return to the NFL. He served as a senior adviser to the league's football operations department this season. 'He's got so much experience on myself or on any coach that we have in this building and he's a great individual, so I think you can always learn from people,' Caldwell said after Bradley was fired. 'There's always a place for knowledge.' .....»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 2017

Exports return to growth in November

Exports returned to positive territory in November, after sinking into the red in October, reflecting improved performance in major trading partners such as China, Taiwan and the United States......»»

Category: financeSource:  philstarRelated NewsJan 9th, 2021

US consumer confidence, home sales drop amid virus surge

US consumer confidence sank in December amid a resurgence of Covid-19, while home sales in November dropped for the first time in six months, according to private data released Tuesday......»»

Category: newsSource:  thestandardRelated NewsDec 23rd, 2020

Saso vaults to No. 26 in Olympic rankings

Saso vaults to No. 26 in Olympic rankings Dante Navarro (The Philippine Star) – November 13, 2020 – 12:00am MANILA, Philippines — Yuka Saso will have all the impetus needed in pursuit of a third championship in the LPGA of Japan Tour – a new-found confidence, a solid game and a significant jump in the […].....»»

Category: newsSource:  balitaRelated NewsNov 13th, 2020

“Customized Future”: Consumers in APAC to Benefit Most from Industry 4.0

At the center of the developing Asia is Industry 4.0, also known as the digitalization of industries. Shifting businesses and enterprises into an intelligent and connected virtual space is no longer an option but a necessity to survive, primarily due to the added pressure brought about by the pandemic. A fresh study by Deloitte proved […].....»»

Category: sportsSource:  abscbnRelated NewsNov 13th, 2020

QUARANTINE DIARIES: Being COVID-positive ends when positivity begins, when you allow hope to prevail amidst all the negativity

DAVAO CITY (MindaNews / 07 November) — Just 10 days ago, I underwent an RT-PCR (Reverse Transcription Polymerase Chain Reaction) test along with some colleagues.  It wasn’t required because I didn’t have any symptoms to begin with.  It was more of an act of leadership mixed with a bit of smugness and confidence, as I […].....»»

Category: newsSource:  mindanewsRelated NewsNov 8th, 2020

Heftier oil price cut expected next week

Consumers’ pockets will experience heftier cash relief next week as oil prices are anticipated to be on a substantial rollback of P0.75 to P0.90 per liter for gasoline; and P0.80 to P0.90 per liter for diesel. MB file photo. (Mark Balmores) For kerosene, the price of this commodity is also expected for a reduction of P0.65 to P0.75 per liter, based on the initial calculation of the oil firms. Industry players will be implementing these price cuts by Tuesday (November 3); although the dictates of competition may prompt other oil firms to enforce rollbacks ahead of their company rivals to corner patronage of consumers. The price change scene at the domestic pumps is in contrast to what’s happening with the price of liquefied petroleum gas (LPG), a product commonly used in households for cooking, which is rising by P3.20 per kilogram this November. From the leaner price reductions implemented last week, the Department of Energy (DOE) logged that the total year-to-date adjustments in pump prices had been a net decrease of P4.67 per liter for gasoline; P10.26 per liter for diesel; and P13.59 per liter for kerosene. As culled from the energy department’s monitoring, prices have been softening in the Asian market because of sustained low demand; while most refineries are also seen increasing their runs next month following completion of maintenance works in their facilities this October. Globally, what is being watched closely is the ramp up in production of Libya; with experts noting that the more barrels it has been injecting into market could “disrupt the market rebalancing strategy” being pushed by the Organization of the Petroleum Countries (OPEC) and its ally-producers. To note, the OPEC+ alliance has been requiring stricter compliance on the agreed production cuts until December this year, so sagging oil prices could be lifted. “Libya’s additional crude could change the story back to oversupply concerns as crude demand outlook weakens, as the world continues on restrictive measures and lockdowns to contain Covid-19,” the DOE monitoring report has stated. As the Philippines is highly import-dependent market, supply-demand shift developments in the international market could impact on the swing of prices being reflected at the pumps on a weekly basis......»»

Category: newsSource:  inquirerRelated NewsOct 31st, 2020

Dominguez prods local companies to help boost consumer confidence

The Department of Finance has asked local businesses to implement measures that would help regain the confidence of consumers, which is crucial for the country’s economic recovery......»»

Category: newsSource:  philstarRelated NewsOct 17th, 2020

Apple’s coming iPhone launch drives Wall Street surge

Anticipation over the launch of the new iPhone drove US tech stocks higher on Monday, capping a mostly buoyant day in global markets. Sentiment was also boosted by rising confidence the United States will avoid a post-election challenge and see a decisive winner in the November 3 presidential vote, along with ongoing expectations that Congress […] The post Apple’s coming iPhone launch drives Wall Street surge appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsOct 13th, 2020

New Wave of Digital Commerce Sparks to Start Investing in Immersive Technology

Consumers are at a tipping point for immersive experiences in digital commerce, new research revealed. The report reveals immersive technologies such as augmented and virtual reality and 3D content can enhance consumer purchasing confidence and increase online sales. Based on a survey of more than 3,000 consumers across North America, Europe and Asia-Pacific, the report […].....»»

Category: sportsSource:  abscbnRelated NewsOct 12th, 2020

Private sector launches campaign to bring back consumer confidence

The private sector has launched a campaign to help restart the economy by encouraging consumers to enjoy activities outside their homes and promoting safety protocols amid the COVID-19 pandemic......»»

Category: financeSource:  philstarRelated NewsOct 11th, 2020

Beep card and Internet woes

On the Beep card fiasco I spoke out recently on the chaos caused by the mandatory use of the “Beep card” for consumers riding the public buses under the “no-card no-ride”policy. It was as if the riding consumers were being required to purchase a Beep card at “gunpoint” or forget about riding the bus. This chaotic scenario could have been avoided had the regulators done its work mindfully by first consulting with the stakeholders (“who”), drafting the new policy (“what”) and once agreed upon, by ensuring wide dissemination of the changes – the Implementing Guidelines. Where did “complete staff work” go? Or are the consumers just being given an example of doublespeak?  What happened this week was consumers were confronted with the “no- card no-ride”signs on the buses and were required to pay for a ride plus the cost of the card, something they did not need to do before. For those who did pay the extra cost, they then had to find out that the policy was “suspended,” although no refunds were being offered.There was also the spectacle of the agency head announcing that the cards were free, contradicting the policy his agency had just announced and implemented. The card providers then said they were not about to waive their right to be paid. In another statement, a regulator functionary reasoned that it had nothing to do with the fine print on the contract for the cards since they were only responsible for “policy.” This violates the consumer’s right to be informed. The agency should have studied the sector most affected by the shift to cashless transaction – the consumer who must rely on public transportation because he has no alternative and  the same consumer who must make every peso count and who cannot afford any extra expense. This consumer deserves earnest and timely information from government on why he has to pay an additional amount and how it will benefit him, and for the consumers who did pay the additional cost of the card, they should enjoy a swift refund.  The lesson that we consumers learned in the Beep card fiasco is always to be aware and conscious of our consumer rights and to speak up when these rights are threatened or belittled. We should always be vigilant consumers about our rights lest we find these rights trodden again. On Internet speed Like every other consumers, I have problems with Internet speed. I pay my bills and fees  on time ,  however,  I  believe I should only pay for the speed that I receive  and I did not think I was getting what I paid for under my plan. Therefore, I conducted my own speed test and sought redress  from the National Telecommunications Commission (NTC). I was able to get a refund and am paying now for the plan that is nearest to the speed I am getting. Consumers should exercise their right to seek redress for bad Internet speed.  Consumers should be reimbursed for speed that is not delivered. In this time of the pandemic, profiteering should not be tolerated in any form. I call upon the NTC to take the lead by issuing implementing guidelines on refund for both prepaid and postpaid plans. Consumers should also ask for faster response on consumer complaints. The complaints of Messrs.   Foronda and Platon posted in the Laban Konsyumer emails should be resolved faster. Hopefully, the reported 1,171 new cell tower permits should alleviate consumer woes in the near future. In the meantime however, if you are not getting value for the service you paid for, your option is to downgrade your plan to correspond to the speed you are getting and claim a refund of excess fees paid. You can submit your complaint online at www.ntc.gov.ph. Atty. Vic Dimagiba is President of Laban Konsyumer Inc. Email: labankonsyumer@gmail.com.....»»

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

Trump’s COVID response ‘greatest failure’ in presidential history: Harris

SALT LAKE CITY (AFP) — Senator Kamala Harris branded the response to the Covid-19 pandemic under Donald Trump as the “greatest failure” of any US administration, as the debate between her and Vice President Mike Pence opened on Wednesday. But Pence fired back by accusing Harris of undermining public confidence in a future coronavirus vaccine through […] The post Trump’s COVID response ‘greatest failure’ in presidential history: Harris appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsOct 8th, 2020

BSP: Business, consumer sentiments gloomy in Q3

The Bangko Sentral ng Pilipinas (BSP) said on Thursday it found the business outlook and consumer sentiment in the country in the third quarter to be pessimistic. Results of the central bank’s latest Business Expectations Survey (BES) put the July-to-September confidence index (CI) — computed as the percentage of companies that answered in the affirmative […].....»»

Category: newsSource:  manilatimes_netRelated NewsSep 26th, 2020

Pandemic-hit PH, Asean consumers changing buying habits, says Nielsen study

New socioeconomic and behavioral patterns are shaping the future of the fast moving consumer goods (FMCG) market in Southeast Asia, which appears to be less and less influenced by the news cycle about coronavirus transmission, according to a new Nielsen study. In a statement, the market research firm said the new drivers of consumption patterns […] The post Pandemic-hit PH, Asean consumers changing buying habits, says Nielsen study appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsSep 14th, 2020

Aljun Melecio s never-ending quest to prove he belongs

Aljun Melecio has these hardware sitting pretty on his trophy case: UAAP 78 Jrs. MVP, UAAP 79 Rookie of the Year, UAAP 79 champion. Now heading into his fifth and final year in De La Salle University, he remains recognized as one of the best point guards in all of college. Well, recognized by just about everybody except himself. Asked if he feels worthy to stand alongside the likes of NCAA 95 Finals MVP Fran Yu or UAAP 82 Rookie of the Year Mark Nonoy, he answered, modest as always, "Nope. I don't. Wala pa akong napapatunayan." Yes, the 5-foot-8 super scorer who was then head coach Aldin Ayo's "most-wanted recruit" feels he is yet to prove himself. Yes, the primetime playmaker who was once comforted by Tab Baldwin after the Green Archers had lost the championship despite his 16 points in Game 3 of the Finals feels he is yet to prove himself. That in itself is not necessarily surprising, though. And that's because all throughout his young career, Melecio has felt, again and again, that he has to prove himself. He had to prove himself even to La Salle, his home of nine years now. "Actually, 'di naman ako ni-recruit ng Zobel dati," he shared. "To be honest, my mindset at that time ay mag-Team B lang sa Zobel para pag may games, mas magagamit ako. Kaysa naman mag-Team A ako and nakaupo lang sa bench." BREAK IN Aljun Melecio, now a graduating guard, is La Salle's most recent homegrown product. Of the Green Archers' probable UAAP 83 roster, the now-22-year-old is the lone player to have come from the Taft-based school's Jrs. programs - and mind you, they have two in La Salle Zobel and La Salle Green Hills. In DLSZ, Melecio was a scoring dynamo who once dropped 42 points on archrival Ateneo de Manila High School. Did you know, though, that he wasn't even supposed to wear the green and white? "I was supposed to transfer sa UST nung high school," he recalled. "Pero napag-usapan naming family na since si kuya, nasa Zobel na nung time na yun, mas okay sigurong Zobel na lang din ako para magkasama kami." Aljun was referring to older brother Aleck who was also his teammate for three years with the Jr. Archers. If not for Aleck, however, Aljun would have suited up for University of Sto. Tomas High School where good friend Renzo Subido had already committed to play for college. After all, it was Subido, and dad Henry, who had convinced the Melecios to move to Manila from Bukidnon. "The reason talaga why we took the risk to come here was because of Coach Henry," Aljun shared, looking back at the time when all of them were repping Lourdes School of Mandaluyong. "They invited us to play basketball in Manila kaya malaki ang utang na loob namin sa Subido family." While Coach Henry and Renzo have been always there to lend a helping hand, that did not necessarily make the transition any easier - especially for a 10-year-old kid who was born and bred in Valencia City. "Grabe yung sacrifice na ginawa namin just for me to have more opportunities in life. That was a big adjustment not just for me, but also for my parents," Melecio said. He then continued, "Dumating yung time na ayoko nang bumalik sa Manila kasi na-homesick ako. Looking back now, normal lang naman siguro yun, lalong-lalo na bata pa ako." BREAKTHROUGH Make no mistake about it, looking back now, Aljun Melecio has no regrets. As he put it, "It was all worth it." Of course, he also had lady luck smile on him somewhat as, yet again following the footsteps of Subido, he transferred from Lourdes to DLSZ. And there, he found yet another mentor willing to believe in him. "Sina Coach Boris [Aldeguer], pagdating ko sa Zobel, they invited me to join yung practice ng Team A. Nagulat ako na kaya ko naman pala so doon na nag-start yung confidence ko," he said. Indeed, Melecio did not let Coach Boris down as in his first year, he proved to be a building block in their rebuild. While the boys from Alabang eventually ended outside the playoff picture, he had made more than enough noise to get the attention of the Philippine national youth team. There, DLSZ's top gun got his first taste of wearing the flag as part of the Batang Gilas training pool. "Masayang-masaya ako nun na makasama sa practice team dahil dream ko talaga maging part nun," he narrated. "May jersey lang and makasali lang ako sa practice, masayang-masaya ako." There, Melecio showcased his skills alongside other promising prospects such as Nieto twins Mike and Matt as well as Jolo Mendoza of Ateneo, Renzo Navarro of San Sebastian College-Recoletos, and Jollo Go of Hope Christian High School. And there, yet again, he knew full well he had to prove himself. During training itself, the new kid on the block believed he was doing so. At the same time, however, he had to come face-to-face with another beast altogether - how to get to practice in the first place. As it turned out, the then-13-year-old had to commute from south to north each and every time he participated in Batang Gilas training. How did his trips go? "From Alabang, mag-tricycle ako to [Alabang] Town [Center] then jeep going to Starmall [Alabang]. After nun, bus to Magallanes, MRT, then LRT, tapos jeep ulit," he shared. He then continued, "So papunta pa lang to Moro, pagod na ako. Then after practice, mag-commute na naman pauwi." Fortunately for him, there were also kind hearts like the Nieto twins who took him to the LRT station in Katipunan or Evan Nelle whom he rode with going back south. Still, around 33km and about an hour separated DLSZ in the south and Ateneo's Moro Lorenzo Sports Center in the north - indeed, that was some sort of workout already. BREAKDOWN In the long run, that was, unfortunately, much too much for young Aljun Melecio. While wearing the flag would have meant much, he also felt circumstances, such as that hell of a commute that cost him PHP 200 for a one-way trip, held him back from giving his all. Instead, Melecio felt he could do much more if he just rechanneled his energy to DLSZ. "After ilang weeks na ginagawa ko yung routine na yun, I started asking myself kung paano maayos yung priorities ko. Pinakiramdaman ko kung saan ako mag-iimprove so I talked to Coach Boris," he said. He the continued, "And I decided na mag-all in sa Zobel." All in for the Jr. Archers, he did, and boy, did it prove to be the right call. He was just getting started in UAAP 76, slowly but surely getting a grasp of both his capabilities and confidence as he helped the green and white barge back into the Final Four. Then in Season 77, it all clicked as he shot the green and white to the second rung of the stepladder all while putting up per game counts of 16.6 points, 6.2 rebounds, 4.1 assists, and 2.3 steals. Without a doubt, he willed his way into the Mythical Team that included the Nieto twins, his batchmates in Batang Gilas. The following year, with averages of 22.7 points, 7.1 rebounds, 3.3 assists, and 2.3 steals, he carried DLSZ all the way to the Finals where they stole one game from eventual champion Nazareth School of National University. And oh, he was the unanimous MVP of Season 78, besting the likes of future Gilas Pilipinas pool members Justine Baltazar and Gomez de Liano brothers Javi and Juan. Even then, though, he wouldn't call himself the best of the best. "I didn't think na I belonged kasi never kong gustong isipin na ganun ako," he said. He then continued, "Ang alam ko lang, I worked extra hard, I had extra motivation to play. Thankfully, coach Boris supported my decision and dahil dun, na-boost yung confidence ko." BREAK FREE From there, Aljun Melecio did nothing but go onto greater and greater heights in La Salle's Srs. squad. Never tell him he has accomplished anything, though, as he would be the first to tell you that you're wrong. Up until now, he feels that he is yet to prove himself. He hopes to prove that he has what it takes to be behind the wheel for the Green Archers' new era. He hopes to prove that he could bounce back following the worst statistical season for him. And he hopes to prove that he has every right to be mentioned in the same breath as his one-time teammates in the Batang Gilas pool and his batchmates who are now part of the Gilas Pilipinas pool. "Lahat naman, ginagawa kong motivation," he said. "May it be positive or negative, we all have our timing so I'm just being patient para sa kung anuman ang ibibigay na chance sa akin." If and when that next shot at wearing the flag comes along, Melecio only vows to do what he has never stopped doing. Asked about getting a golden opportunity at the Gilas pool, he answered, "That's still a dream for me. I know I still have a lot to prove." He then continued, "But I will give my all if given the chance to represent. I always do." If and when that time comes, there would be no more 33km distance, one-hour travel time, or PHP 200 cost. Still, Aljun Melecio would work just as hard - if not more - as he did when he once had to commute south to north just to get to practice. Don't forget, proving himself is already second nature to him. --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsAug 29th, 2020