Saso at joint 3rd after first round
IN STRIKING DISTANCE Yuka Saso of the Philippines hits her tee shot on the second hole during the first round of the Cognizant Founders Cup at Mountain Ridge Country Club on Friday (Philippine time) in West Caldwell, New Jersey. AFP PHOTOYUKA Saso of the Philippines carded a strong four-under 67 to finish the opening round of the Cognizant Founders Cup at joint third place on Friday (Philippine time) at the Mountain Ridge Country Club in West Caldwell, New Jersey. Saso, the reigning US Women's Open champion, got off to a good start as she finished a bogey free round with four birdies. Saso, who shares the third spot with five others, is four strokes behind leader Ko Jin-Young of South Korea, who fired an eight-under 63 in the first round. Meanwhile, Dottie Ardina, the other Filipino golfer in the tournament, scored an even-par 71 to place at joint 56th.
Source:Manila Times
October 08, 2021 15:09 UTC
October 27: Black Day, darkest day for Kashmiris
PAKISTAN observes October 27 as the Black Day along with Kashmiris across the globe and in the Indian Illegally Occupied Jammu and Kashmir (IIOJK). It was on Oct. 27, 1947 that the sufferings of Kashmiri people commenced with the landing of Indian troops in Srinagar. The Indian occupation forces since then have occupied, subjugated, oppressed and terrorized the innocent Kashmiris. This impunity continues even today where the presence of Indian occupation forces has increased manifold after New Delhi suspended the special status of IIOJK through revoking Articles 370 and 35-A of the Indian Constitution on Aug. 5, 2019. Nearly 3,432 cases of war crimes have been perpetrated by senior officers of the Indian occupation forces.
Source:Manila Times
October 08, 2021 14:37 UTC
BSP: PH debt burden not yet alarming
THE Bangko Sentral ng Pilipinas (BSP) believes that the country's expanding debt burden is not yet alarming given its composition. And that, in fact, foreign debt, rather than total debt as a percentage of GDP, is fairly reasonable. The country's foreign debt-to-GDP ratio improved to 26.5 percent from 26.6 percent a quarter before, reflecting higher economic development in the second quarter, it noted. The country's GDP jumped by 11.8 percent in April to June this year, ending the recession. That is a long, long time metric being used by those who would like to join the Euro community — 60-percent debt-to-GDP ratio and a deficit-to-GDP ratio of 3 percent.
Source:Manila Times
October 08, 2021 14:26 UTC
Positive versus negative asset classes
The primary effect was that the normal negative correlation between stock markets and bond markets flipped to become a one-way positive correlation. This is about to be reversed and I expect investors to ask themselves if the positive price correlation between all asset classes will remain if the financial markets correct down? When the Covid-19 crisis hit the financial markets, it was across all asset classes, which could hint that the positive price correlation still was intact. But last month, the positive price correlation was obviously a factor as all asset prices went lower. It leads to my conclusion to lean toward the view that the financial markets are moving back to the less positive or even negative price correlation again.
Source:Manila Times
October 08, 2021 14:15 UTC
Profit taking extends PSEi loss
THE main index extended its loss on Friday despite trading upwards for most parts of the day due to profit taking. Japhet Tantiangco, senior research analyst of Philstocks Financial Inc., said the last minute sell-off prevailed over the market, which furthered its decline. Tantiangco noted, however, that local shares were in the green for most parts of the day amid the positive spillovers from Wall Street. Trading was still strong despite the drop as net value turnover stood at P13.48 billion, well above the year-to-date average of P7.22 billion. Foreign funds also entered the market as net foreign buying amounted to P1.47 billion.
Source:Manila Times
October 08, 2021 14:15 UTC
Key to a thriving business
Once a business has launched, the primary problem changes from identifying how the business can be valuable to its customers to how can the business grow and continuously provide value. Ideate on solutionsThere are numerous reasons why a restaurant's volume of orders is not increasing. To solve this problem, restaurants need to understand how customers' behaviors and circumstances have changed during the pandemic. Businesses are built on its ability to identify and solve problems — this determines how robust and resilient a business is. However, in times like these, having the ability to solve problems and create effective solutions is what will differentiate a thriving business from another.
Source:Manila Times
October 08, 2021 14:15 UTC
Google to act on climate change misinformation
SAN FRANCISCO, United States: Google on Thursday (Friday in Manila) said it will no longer post ads next to misinformation about climate change on its search engine or on global video-sharing platform YouTube. The internet giant added that the policy change aligns with efforts by the company to promote sustainable practices and confront climate change. "Google's important decision to demonetize climate misinformation could turn the tide on the climate denial economy," said nongovernmental organization Avaaz campaign director Fadi Quran. "For years, climate misinformers have confused public opinion and obstructed urgent political action on climate change, and YouTube has been one of their weapons of choice." Social networking colossus Facebook, which is Google's biggest competitor in the digital advertising market, touts efforts to curb climate misinformation at its platform but has no such ad ban in place.
Source:Manila Times
October 08, 2021 13:52 UTC
No Sara Duterte listed for presidential race as COC filing closes
READ: Roque says ready to file COC for senator, but will wait for Sara Duterte to file for presidencyDuterte-Carpio earlier filed a COC for reelection as Davao City mayor for the third and final time. READ: Hours before COC filing deadline, Sara Duterte says to push through reelection bid as Davao City mayorAhead of that, Duterte-Carpio said she would finish her tenure as mayor before transitioning to another position. ADVERTISEMENTREAD: Sara Duterte again rejects calls to run for president, wants to complete term as mayorShould she win in the 2022 elections, it will be her fourth term. READ: No more presidential run for Sara Duterte in 2022; to seek reelection as mayorREAD: Sara not running for president after Duterte takes VPPresident Rodrigo Duterte had previously declared he intended to run for vice president, even accepting the nomination from his party, the PDP-Laban. President Duterte also claimed that her daughter would run for president with Go as her running mate.
Source:Philippine Daily Inquirer
October 08, 2021 12:56 UTC
WATCH: Barbie Almalbis shares tips to fellow moms amid pandemic
WATCH: Barbie Almalbis shares tips to fellow moms amid pandemicMANILA, Philippines — Original Pilipino Music rock star Barbie Almalbis shared tips to her fellow moms on how to cope with the pandemic. In the latest episode of Philstar.com’s “Slam Book,” Barbie said she’s proud of her fellow moms who are being challenged this pandemic. Related Stories WATCH: Barbie Almalbis gives tips to fellow musicians amid pandemic“Hang in there. The “Firewoman” singer also said that she hopes that moms stay fresh and find strength. You're not alone and I’m proud of you,” she said.
Source:Philippine Star
October 08, 2021 12:11 UTC
WATCH: Barbie Almalbis gives tips to fellow musicians amid pandemic
WATCH: Barbie Almalbis gives tips to fellow musicians amid pandemicMANILA, Philippines — Original Pilipino Music singer Barbie Almalbis gave tips to her fellow musicians on how to cope with the pandemic. In the latest episode of Philstar.com’s “Slam Book,” Barbie advised her fellow musicians to be a fan of music again and level up their skills while there are still no gigs. “Sa mga musicians naman, each one of us have different ways of coping kasi iba-iba naman 'yung personalities natin,” Barbie said. Barbie also said that this pandemic is the time to level up their skills as musicians. Like when you're working from home recording, just upping your skill set like getting better at guitar, better songwriting,” she said.
Source:Philippine Star
October 08, 2021 12:00 UTC
Pogoy, TNT blast Beermen to regain lead in PBA semis
Pogoy, TNT blast Beermen to regain lead in PBA semisMANILA, Philippines — No more late-game meltdown this time for the TNT Tropang Giga. Led by RR Pogoy, TNT has taken back the series lead against the San Miguel Beermen after winning Game Three, 115-98, of the PBA Philippine Cup semifinals at the DHVSU Gym in Bacolor, Pampanga on Friday. All startes finished in double digit scoring for TNT, with Pogoy leading the pack with 26 points. Poy Erram tallied a double-double of 21 points and 13 rebounds while Troy Rosario chipped in 14 markers. Romeo paced the Beermen with 22 points, seven rebounds, and two assists in the losing effort.
Source:Philippine Star
October 08, 2021 12:00 UTC
'Home Base': Filipina racer chases Ferrari Driver Academy scholarship
'Home Base': Filipina racer chases Ferrari Driver Academy scholarshipMANILA, Philippines — A Filipino driving in Formula One (F1) may come sooner than most Philippine racing fans think. Just ask 16-year-old racing star Bianca Bustamante, who is set to compete for a slot in the Ferrari Driver Academy, which has produced the likes of F1 Charles Leclerc, Mick Schumacher, Sergio Perez and Lance Stroll. Weeks before she races in France in the FIA Girls on Track Rising Stars shootout, Bustamante checks in with Philstar: Home Base to share her preparations, her journey through racing, and who she believes will take home the championship in F1. Listen to the episode on Spotify here.
Source:Philippine Star
October 08, 2021 09:56 UTC
Isko implies Leni only ran because of Marcoses
Isko implies Leni only ran because of MarcosesMANILA, Philippines — Is Vice President Leni Robredo running for president just because of the Marcoses? Manila mayor and presidential aspirant Isko Moreno Domagoso seemed to imply this during an event of his party Aksyon Demokratiko on Friday. Dahil lang sa mga Marcos na naman?” Domagoso said in response to a question from a reporter. However, Robredo said among the reasons why talks with the Manila mayor broke down was because of his stance on the Marcoses. Robredo announced a change in tack in her unity talks, abandoning her previous strategy of uniting politicians.
Source:Philippine Star
October 08, 2021 09:33 UTC
Bolts thwart Hotshots to avoid 0-3 hole in PBA semis
Bolts thwart Hotshots to avoid 0-3 hole in PBA semisMANILA, Philippines — The Meralco Bolts stymied a fourth quarter comeback from the Magnolia Hotshots to take a breakthrough 91-86 win in Game Three of their best-of-seven Philippine Cup semifinals series at the DHVSU Gym in Bacolor, Pampanga. The Bolts thus avoided a 0-3 hole and decreased the series deficit to one game, 1-2. Newsome's jumper gave Meralco just enough breathing room after they were outscored by the Hotshots in the final quarter, 32-18. Nards Pinto added 16 points, while Mac Belo also contributed from the bench with 14 points, four rebounds and two assists. Meanwhile, Paul Lee paced the Hotshots efforts with 18 points, while Ian Sangalang notched 15 markers and grabbed seven boards.
Source:Philippine Star
October 08, 2021 09:31 UTC
Senator Gordon seeks reelection in 2022
MANILA, Philippines — Senator Richard Gordon is seeking reelection in the 2022 elections, with a representative filing his certificate of candidacy for him. Gordon has been involved in a recent word war with President Rodrigo Duterte, who was irked by the ongoing investigation of the Senate blue ribbon committee on the government’s purchase of allegedly overpriced medical supplies amid the pandemic. Gordon chairs the said committee. The senator admitted last May that he was thinking about running for president in the 2022 polls. I agree to the Terms of Use and acknowledge that I have read the Privacy PolicyRead Next
Source:Philippine Daily Inquirer
October 08, 2021 08:01 UTC