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Viber adds user-centric features as Philippine portal logs robust growth

Mobile communication app Viber has added new user-centric features to make it more responsive to the needs of its users as it continues to grow significantly across Asia Pacific despite the lingering presence of a virulent virus......»»

Category: financeSource: philstar philstarOct 17th, 2020

A remarkable growth

By Francis Anthony T. Valentin, Special Features Assistant Editor In the past several years, health maintenance organizations (HMOs), which hit the Philippine health care scene in the 1980s, have been growing remarkably on the back of the country’s robust economy, which benefits the private corporations that form the massive bulk of HMOs’ client base. In 2017, […].....»»

Category: newsSource:  bworldonlineRelated NewsMay 24th, 2019

PBA: Blackwater making 'slow growth' before pandemic, news of sale

Blackwater is all over the news these days for all the wrong reasons. Aside from the fines and potential other penalties the team faces, the bigger issue is the sale of the franchise. Team owner Dioceldo Sy has put the Blackwater Elite for sale with an asking price of P150 million, that's out there already. [Related: PBA: Blackwater franchise for sale at P150 million] However, unless a buyer quickly picks the team up, the Elite will play in the PBA, perhaps as early as in a couple of months as the league attempts to finish the 2020 Philippine Cup amid the COVID-19 pandemic. So what's up with Blackwater's actual team? "We always believe in the saying na 'slow progress is still progress.' Okay lang samin as long as we improve, yun ang mindset before the pandemic," head coach Nash Racela said about the team on Coaches Unfiltered. "We were happy with how we were developing as a team. If you've watched us during our first tuneup game, tambak kami medyo nakakahiya. But towards the end of February mas gumaganda na takbo namin. As long as we focus on those things, on slow growth, okay kami," he added. Coach Nash is taking over the Elite this year, after coach Aris Dimaunahan handled to team for most of 2019 on an interim basis. Blackwater now features a core of former FEU players like Mac Belo, Mike Tolomia, and Carl Bryan Cruz. The transition should be easier for the team since all of them played for Racela in the UAAP. "In terms of system naman, I've been consistent ever since," coach Nash said. "I think with Blackwater, I'm fortunate to have a group of young players who could really run and put pressure on the defense. Yun yung gusto namin na maging consistent," he added. Aside from a number of former Tamaraws, the Elite also have the oldest rookie in the league in 6'9" Maurice Shaw, the no. 2 pick of the 2019 regular Draft. Blackwater has a role for its new big man, but all of the Elites hopes don't necessarily fall upon him. "With Maurice Shaw, initially nagse-set kami ng not-so-high goals for him, we want him to be the anchor of the defense," Racela said. "Based din sa games namin nagagawa naman niya. Slowly, he's been adjusting to the style of the PBA. In terms of scoring, as long as nandoon siya sa spot niya. We're very positive with Maurice Shaw," he added.   — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsJul 21st, 2020

EDITORIAL - Contraction

After 84 straight quarters of robust growth, the Philippine economy contracted in the first three months of the year, posting its worst performance since the Asian financial crisis in 1998......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2020

Analysts’ Q4, full-year 2019 growth estimates

THE PHILIPPINE ECONOMY likely grew in the fourth quarter at its fastest pace for 2019 on the back of robust household spending and a rebound in government spending, but not enough to hit its full-year goal, BusinessWorld’s latest poll of economists showed. Read the full story......»»

Category: financeSource:  bworldonlineRelated NewsJan 20th, 2020

PSEi to end the year within 8,700-8,800

The benchmark Philippine Stock Exchange index (PSEi) is seen to end 2020 within the 8,700-8,800 range on the back of better corporate earnings supported by robust economic growth. Philstocks Financial Inc. senior research analyst Japhet Tantiangco, in a media briefing on Monday, said that company earnings are anticipated to yield 10- to 15-percent growth this […].....»»

Category: newsSource:  manilatimes_netRelated NewsJan 6th, 2020

A challenging year ahead

While the Philippine property sector remained robust in 2019, a number of headwinds might constrict the property segment’s growth moving forward, according to a latest report prepared by Colliers International Philippines......»»

Category: newsSource:  philstarRelated NewsDec 28th, 2019

SEA Games champions captivate the nation with inspiring performances

Winning the hearts of Filipinos everywhere with their discipline, perseverance, and hard work, MILO Champions Carlos Yulo, Kiefer Ravena, Pauline Lopez, Mary Joy Tabal, and Alyssa Valdez brought pride and honor to the country during the recently concluded 30th Southeast Asian (SEA) Games. With an entire nation energized and rallying support for five of the brightest stars in Philippine sports, they reasserted our position in the regional arena and proved why the future is bright for the next generation of champions. MILO congratulates its sports ambassadors for their impressive medal finishes and hard-fought efforts in the SEA Games, of which the Philippines also earned the overall championship, besting the 10 other countries with a tally of 387 medals: 149 gold, 117 silver, and 121 bronze. “The 30th Southeast Asian Games marked another historic milestone for the advancement of Philippine sports,” says Nestlé Philippines-MILO Vice President Veronica Cruz. “As a longstanding partner and advocate, MILO is honored to be a part of the journeys of Caloy, Kiefer, Pauline, Mary Joy, and Alyssa while remaining steadfast in building a nation of champions, bannering our one Laban Pilipinas battlecry.”  Yulo has come a long way from playing in the streets with his friends and competing in the MILO Little Olympics. The first Filipino gymnastics world champion, and just the second countryman to qualify for the Tokyo 2020 Olympics, continued his meteoric rise as he competed in front of a spirited home crowd for the first time, bagging two gold medals (all-around and floor exercise) and five silvers (pommel horse, steady rings, vaults, parallel bars, and horizontal bar). Before Lopez began reaping numerous awards here and abroad, she tested her mettle by winning the 2007 MILO-PTA (Philippine Taekwondo Association) tournament gold medal. As one of the brand’s newest ambassadors, she continues to empower other Filipinas to break barriers and overcome obstacles as seen in her women’s under 57kg gold medal victory. Securing his record fifth straight SEA Games gold medal in men’s basketball, Ravena proudly exemplified how comebacks are stronger than setbacks. The MILO BEST Center 2001 graduate and longtime ambassador proved doubters wrong with his unbreakable spirit and unquestionable dedication to the country, even as a late addition to the team’s lineup. A six-time regining National MILO Marathon Queen and first Filipino marathon Olympian, Tabal gave her all in an inspired showing, finishing with a silver in the women’s marathon. She is optimistic in her pursuit of other key tournaments next year as she competes in the Tokyo 2020 Marathon and looks to qualify in the 2020 Olympics. Valdez and company exceeded expectations, putting up a valiant effort with a fourth-place finish in front of their adoring fans at the 30th SEA Games. With a near-podium finish, the MILO sports ambassador and volleyball MVP remains determined to win a medal for the country. “We are one with the people in celebrating the Champions and all the athletes who represented the country in the 30th SEA Games, showcasing what it truly means to be a champion in sports and in life. More than the wins and recognition, MILO believes in the importance of  lifelong values learned in sports and remains committed to nourishing the ambitions of Filipinos,” adds MILO Sports Executive Lester P. Castillo.  As a gold partner of the 30th SEA Games, MILO helped energize a nation of champions with the first taste of the NEW MILO for tomorrow’s champions. Attendees of the games in select fan zones and venues were able to try the more delicious and nutritious Champion formula. ### About MILO MILO has been in the Philippines for over 50 years and is the country’s favorite chocolate malt powdered milk drink that can be prepared with hot or cold milk or water.  Every mug of MILO contains the goodness of Cocoa, Malt, Milk, and Activ-Go® - a special blend of Protomalt®, Vitamins, and Minerals. It is high in Vitamins B2, B3, B6, B12, C, and is a good source of Iron, for energy release from food.  About Nestlé Philippines Over a hundred years after it first started operations in the country, Nestlé Philippines, Inc. (NPI) today is a robust and stable organization, proud of its role in bringing the best food and beverage throughout the stages of the Filipino consumers’ lives. The Company employs more than 3,200 men and women nationwide, and is among the country’s Top 10 Corporations.  Driven by its purpose of enhancing quality of life and contributing to a healthier future, Nestlé today produces and markets products under some of the country’s trusted brands such as NESCAFE, NIDO, MILO, NESTEA, MAGGI, BEAR BRAND, NESTLÉ and PURINA, among others. Its product range has expanded to include coffee, milk, beverages, non-dairy creamer, food, infant nutrition, ice cream and chilled dairy, breakfast cereals, confectionery and pet care......»»

Category: sportsSource:  abscbnRelated NewsDec 17th, 2019

Alienware m15: Specs, features, price in the Philippines

Alienware, Dell’s gamer-centric brand, is officially launching in the Philippines. This would mean their devices will be more accessible to the local market and full support would be provided to Alienware buyers. Alienware also announced it is launching the new m15 laptop in the Philippine market. The m15 sports a ........»»

Category: newsSource:  rapplerRelated NewsOct 16th, 2019

ASUS ROG Phone II: Specs, features, price in the Philippines

MANILA, Philippines – ASUS’ ROG Phone II is hitting the Philippine market. Priced at P49,995, the gaming-centric successor to the first ROG Phone promises to be a high performing one with specs made for extensive “pro-level gaming experiences.”   The ASUS ROG Phone II would go head to ........»»

Category: newsSource:  rapplerRelated NewsOct 15th, 2019

TERRFIC 12: Blackwater seeks more growth in return to Macau

Asia League has rebranded to the East Asia Super League (EASL) but it’s still set to hold its crowd favorite tournament coming in the next couple of months. The Terrific 12 will return to Macau on September 17-22 and this time, there’s finally a strong Filipino presence for the week-long joust at the Tap Seac Multi-sports Pavilion. The PBA will send two flagship teams in the San Miguel Beermen and TNT KaTropa. The Blackwater Elite will also make an East Asia Super League return after competing in the Super 8 last year. Blackwater used last year’s Super 8 tournament to prepare for the 2018 PBA Governors’ Cup and the Elite immediately saw the fruits of their labor in Macau once they returned to Manila. Falling literally one basket short of a semifinals stint at the Super 8 last year, Blackwater returned to the PBA and got their best finish ever, losing in the quarterfinals to eventual champion Magnolia. The 2019 Terrific 12 presents a new chance for growth once again for the Elite. While the team is yet to make the PBA semifinals, Blackwater has topped their 2018 Governors’ Cup performance by making the 2019 PBA Commissioner’s Cup playoffs as the no. 3 seed. Blackwater came four points away from making a breakthrough semifinals stint in the PBA. Having a strong Terrific 12 stint could help unlock the Elite’s potential. Having a strong Terrific 12 stint is one thing but having a successful one is another. Put in Group A, the Elite sure have some decorated opponents in Macau. Japan’s Chiba Jets will play Blackwater inthe Terrific 12 and they are the very first Asia League champions from two years ago. The Jets were the top regular season team in Japan with an impressive 52-8 record and they are fresh from a Finals run in the B.League, losing only to eventual back-to-back champions Alvark Tokyo. Also in Group A are the SK Knights from Seoul, South Korea. While they didn’t exactly fare well in the previous KBL season, the Knights won it all in 2018 and the Terrific 12 looks like the perfect place for to start a comeback in preparation for the next season. The Terrific 12 is a FIBA-recognized basketball tournament and features three clubs from the Chinese Basketball Association (CBA), four from the B.LEAGUE (Japan), two from the Korean Basketball League (KBL) and three from the Philippine Basketball Association (PBA). A Group Stage, Semi-Finals and Finals will play out 16 epic games in total to crown this year’s champion.  In the Group Stage, clubs will be divided into four groups of three, with each team playing two games. The top team from each group will advance to compete in the Semi-Finals following a rest day ?on September 20.? The champion will be awarded USD 150,000, the runner- up will be awarded USD 100,000 and third place will be awarded USD 50,000. Blackwater and the SK Knights start the 2019 East Asia Super League Terrific 12 with the very first game on Sept. 17 in Macau.  The Elite then take the court once again the next day when the face the Jets.   — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsAug 7th, 2019

Manila rises 29 places in Cost of Living survey

Manila is now the 109th costliest city in the world, making one of the highest ascents worldwide amid the Philippine economy's robust growth, Mercer’s 2019 “Cost of Living” survey released Wednesday found......»»

Category: financeSource:  philstarRelated NewsJun 26th, 2019

Moody’s keeps stable outlook for PH banks

MOODY’S Investors Service retained its stable outlook for Philippine banks, as it believes that the country’s robust economic growth would continue to support asset quality at current strong levels. “Our…READ The post Moody’s keeps stable outlook for PH banks appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 22nd, 2019

Moody’s retains stable outlook on PH banks

MOODY’S Investors Service retained its stable outlook for the Philippine banking system, saying that robust economic growth will continue to support asset quality at current strong levels. “Our outlook for…READ The post Moody’s retains stable outlook on PH banks appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 21st, 2019

A consumption-driven economy

Consumer spending has traditionally been the driving force behind the growth of the Philippine economy in recent years, with households contributing majority of aggregate expenditures. This year, the outlook for the country’s economy remains strong, which is still expected to be led by robust consumer spending as a result of lower inflation. While annual private […].....»»

Category: financeSource:  bworldonlineRelated NewsJun 21st, 2019

Lauv tour in Manila includes shoot of his new music video

Lauv tour in Manila includes shoot of his new music video Philippine Entertainment Portal Lauv tour in Manila features the debut of his two new songs as well as a music video shoot......»»

Category: newsSource:  manilanewsRelated NewsMay 28th, 2019

Agri, fishery pull down Region 12’s economic growth in 2018

GENERAL SANTOS CITY (MindaNews/25 April) – A sluggish performance of the agriculture and fishery sectors caused Region 12’s economic growth to slow down to 6.9 percent in 2018, but officials said the overall indicators showed that the area’s economy remained “robust.” Maqtahar Manulon, Philippine Statistics Authority (PSA)-12 regional director, said Thursday the region’s Gross Regional […].....»»

Category: newsSource:  mindanewsRelated NewsApr 28th, 2019

2016 GDP growth seen hovering around 7%

PHILIPPINE ECONOMIC GROWTH last year is expected to have hovered around the top end of the government's 6-7% target on the back of robust household consumption, strong investments and continued improvement in state spending, according to separate estimates issued on Friday......»»

Category: newsSource:  bworldonlineRelated NewsJan 20th, 2017

Phl businessmen too busy

Despite rising decibels of political rhetoric in the country, the Philippine economy continues with its robust growth......»»

Category: newsSource:  philstarRelated NewsNov 27th, 2016

Politics remains major risk to Philippine growth – think tank

MANILA, Philippines - UK-based think tank Capital Economics said politics remain a major risk to the robust economic expansion of the Philippines......»»

Category: financeSource:  philstarRelated NewsNov 19th, 2016

Moody's sees Sept. factory production still robust

PHILIPPINE factory output likely sustained double-digit growth in September as demand in the country for locally made goods more than made up for subdued consumption abroad, Moody’s Analytics said, citing in particular a marked recovery in food pro.....»»

Category: newsSource:  bworldonlineRelated NewsNov 6th, 2016