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Ynares twin bill opens PBA Governors’ Cup

THE season-ending Philippine Basketball Association (PBA)Governors’ Cup kicks off today with a double-header set at the Ynares Center in Antipolo City. The post Ynares twin bill opens PBA Governors’ Cup appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

Philippines wins opener over Kazakhstan, 96-59

THE Philippine Basketball Association-powered national team got its 18th Asian Games campaign to a good start on Thursday, defeating Kazakhstan, 96-59, in their preliminary Group D match at the Gelora Bung Karno Basketball Hall in Jakarta, Indonesia. The post Philippines wins opener over Kazakhstan, 96-59 appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

Defining rich

THE word “rich” has various definitions. It depends on the context — material or spiritual. The post Defining rich appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

When the rain comes

ACCIDENTS, or simply the unexpected, are not necessarily bad. Think penicillin. Or x-rays. Things created or existing because of mistakes or happenstance. Sometimes, one can get a pretty nifty song out of it too. The post When the rain comes appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

Ship of fools

WERE they fools duped into boarding the “federalist ship,” and drafting and defending a constitution that would supposedly bring into fruition President Rodrigo Duterte’s oft-repeated claim that a shift to a federal form of government would accelerate the development of the country’s poorest regions? At least one member of the Duterte-appointed Consultative Committee (Con-Com), who helped write the draft that’s now in Congress, is beginning to think so. The post Ship of fools appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

The Barangay System

I HAVE always thought that the barangay system, if properly harnessed, can provide great benefits to the country in molding the desired cultural and social character of the Filipino. The post The Barangay System appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

Shares slump anew as lira’s drop dents sentiment

THE MAIN INDEX slumped on Thursday, ending at the 7,500 level as investor confidence continued to take a hit from the plunge in Turkey’s currency. The post Shares slump anew as lira’s drop dents sentiment appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

Peso rebounds against US dollar as Qatar’s pledge supports lira

THE PESO strengthened slightly against the dollar on Thursday as Qatar’s investment pledge supported the Turkish lira. The post Peso rebounds against US dollar as Qatar’s pledge supports lira appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

ADB adjusting microgrid business model to allow private investment

THE Asian Development Bank (ADB) said it plans to scale up its Philippine pilot microgrid project by employing a business model that will not require grant money from the multilateral lender. The post ADB adjusting microgrid business model to allow private investment appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

NLEX Harbor Link main line seen finished by end-2018

THE Department of Public Works and Highways (DPWH) said it has delivered 95% of the right-of-way required for the North Luzon Expressway (NLEX) Harbor Link Segment 10 and expects the main line in Valenzuela City to be completed by the end of the year. The post NLEX Harbor Link main line seen finished by end-2018 appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

DMCI Mining shipments up in first half

DMCI Mining Corp. said nickel shipments went up by 88% in the first half of 2018, but expects no shipments to be made in the second semester due to the shutdown of its Zambales operations as well as the depletion of its stockpile in Palawan. The Consunji-led miner said in a statement that it shipped […] The post DMCI Mining shipments up in first half appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 24 min. ago Related News

Oil trades near $65 as inventory gain counters trade optimism

Oil traded near $65 a barrel as investors weighed a surprise gain in American crude inventories against optimism over trade talks between the U.S. and China after the Asian nation signaled it’s open to dialogue. Futures in New York were little changed after a 3 percent decline on Wednesday. U.S. crude inventories rose by 6.81 […] The post Oil trades near $65 as inventory gain counters trade optimism appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 24 min. ago Related News

Asian stocks recover after US-China trade talk news

Tokyo — Asia stocks opened sharply lower on Thursday, joining a global sell-off on concerns over Turkey’s financial crisis but later pared losses on news that China and the US would hold trade talks. Equities across the region suffered steep losses at the opening bell, with Tokyo and Shanghai off by more than one percent, […] The post Asian stocks recover after US-China trade talk news appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 24 min. ago Related News

BPI Direct BanKo expects six-fold growth in outstanding loans this year

BPI Direct BanKo, Inc., the microfinance arm of Bank of the Philippine Islands (BPI), expects its loan book to grow six-fold this year supported by its aggressive branch expansion. On Monday, BPI Direct BanKo President Jerome B. Minglana said the lender targets to have P3.3 billion in total outstanding loans by the end of the […] The post BPI Direct BanKo expects six-fold growth in outstanding loans this year appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 24 min. ago Related News

National Reinsurance Corp names new president

National Reinsurance Corp. of the Philippines (Nat Re) appointed Allan Rossi Santos as its new president and chief executive officer, succeeding Augusto Hidalgo III. In a regulatory filing Thursday, Aug. 16, the reinsurance firm said Mr. Santos was appointed as the new chief executive effective Thursday, Aug. 16. Prior to this, Ms. Santos was the […] The post National Reinsurance Corp names new president appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 24 min. ago Related News

ADB plans scaling up PHL pilot microgrid project without grant money

Asian Development Bank (ADB) plans to scale up its pilot microgrid project in the Philippines through a business model that will not require grant money from the multileral lending agency, its energy official said. “We are trying to look for a business model to make sure that this can happen without always ADB grant money,” […] The post ADB plans scaling up PHL pilot microgrid project without grant money appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 24 min. ago Related News

ERC sets public hearings for Napocor funding petition

The Energy Regulatory Commission (ERC) has set public hearings starting next month for the petition of state-led National Power Corp. (Napocor) to avail of its quarter-centavo share of the universal charge collected from electricity users to fund its mandated environmental projects amounting to about P431.19 million. In its petition with the ERC, the government-owned and […] The post ERC sets public hearings for Napocor funding petition appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 24 min. ago Related News

China developing satellites to monitor territory in South China Sea

China is developing a satellite system that will allow it to closely watch the South China Sea, the China News Service reported, helping it to consolidate control over the disputed waters. The first of 10 satellites is expected to be launched in the second half of 2019, China News said, citing the Sanya Institute of […] The post China developing satellites to monitor territory in South China Sea appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 24 min. ago Related News

China-US to resume low-level talks in bid to resolve trade war

China will dispatch Vice Commerce Minister Wang Shouwen to the U.S. for low-level trade talks in late August, the first official exchanges since earlier negotiations broke down two months ago. The Chinese delegation led by Wang will meet with an American group led by David Malpass, under secretary for international affairs at the Department of […] The post China-US to resume low-level talks in bid to resolve trade war appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 24 min. ago Related News

Duterte orders DFA to talk to Chinese counterparts regarding recent actions in disputed sea

The recent remarks of President Rodrigo R. Duterte asking China to temper its behavior in the South China Sea has not affected the country’s relations with the Philippines, Foreign Affairs Secretary Alan Peter S. Cayetano said. The President made the statement in response to reports that the Chinese navy stationed in the region has issued […] The post Duterte orders DFA to talk to Chinese counterparts regarding recent actions in disputed sea appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News3 hr. 24 min. ago Related News