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Investing in infrastructure: Which areas is the government focusing on?

The government’s 2017-2022 Public Investment Program (PIP) contains a rolling list of priority programs and projects that it plans to implement until the end Pres. Rodrigo R. Duterte’s term in 2022.
According to the National Economic and Development Authority (NEDA), there about 4,490 infrastructure projects under the five-year program with a total investment requirement of P7.74 trillion.
As the graphic below shows, the government is focusing heavily on infrastructure related to transportation, which makes up more than half of the government’s total public investment program.  — BusinessWorld Research
INFRASTRUCTURE INVESTMENTS

Key Game Four today

By Michael Angelo S. Murillo
Senior Reporter
THE best-of-seven finals series of the ongoing Philippine Basketball Association (PBA) Commissioner’s Cup hits the pivotal Game Four today with one team out to create further distance and move a step closer to the championship, and the other looking to pull even and get back in the swing of things.
Having won the last two matches of the series, defending champions San Miguel Beermen have willed themselves to a position of advantage over the Barangay Ginebra San Miguel Kings in the championship race.
The Beermen went up 2-1 after an impressive performance on Wednesday night in Game Three that saw them flipping the switch to turn a close game at the end of the first half into a 132-94 rout when the dust settled.
San Miguel turned to their tight defense and balanced offense to mightily frustrate Barangay Ginebra in the second half, leaving the latter and its faithful to utter disbelief.
Import Renaldo Balkman led San Miguel in the Game Three victory with 28 points and 11 rebounds.
Guard Chris Ross, who absorbed a gash on his forehead from an inadvertent elbow from Mr. Balkman, had 23 points, going seven-of-13 from beyond the arc, while reigning league most valuable player June Mar Fajardo had 22 markers.
Marcio Lassiter and Christian Standhardinger each had 12 points for the Beermen with Arwind Santos chipping 11 points of his own.
Barangay Ginebra, for its part, saw only two players in double digits, with import Justin Brownlee finishing with 32 points and veteran Mark Caguioa adding 12.
“I did not expect this outcome as we were expecting a close fight. It has been a weird series so far with three blowouts already. But I have to give credit to my players because they really showed they wanted to win,” said San Miguel coach Leo Austria after their Game Three victory.
“But this is just one win. There is still a long way to go. We are up in the series and this big win is a morale boost for us. We have to continue working though,” he added.
LIVING LEGEND SPEAKS
Having seen the Kings struggle in the last two games of the series, Barangay Ginebra legendary player-coach Robert Jaworski, Sr. said the Kings have to do a better job adjusting to the situation, among other things, if they are to come back in the series and top a team like San Miguel.
“If you noticed, they (Kings) don’t talk to each other, you check the score coming from second chance (points) of San Miguel and you’ll be amazed at the percentage (Beermen had 32 second chance points to 10 of Barangay Ginebra). No boxing out — there are so many things that they have to put together. They got to win on Friday,” said Mr. Jaworski in an interview with media after Game Three.
“I think the best way is to take the opportunity when you have it. It’s a lot of adjustments but hey — they played the first game and won by how much? (28 points, 127-99) Actually, they loosened up; they could have won with the same number. I think it’s just a lack of focus on what to do. It’s not realizing that there are only seven games. If they get to step on the gas, they have to step on the gas all the way,” the Living Legend said.
Game Four today is set for 7 p.m. at the Smart Araneta Coliseum. Prior to the game the awards for best player of the conference and best import will be awarded.

Ceres left to ponder after 1-1 draw with Home Utd

By Michael Angelo S. Murillo
Senior Reporter
PHILIPPINE side Ceres-Negros FC finds itself with some ground to cover if it is to defend its ASEAN Zonal title of the AFC Cup after being held to a 1-1 draw by Singapore’s Home United FC in the first leg of their matchup on Wednesday night at the Panaad Park and Football Stadium in Bacolod City.
Forced to a draw, the defending Philippines Football League champions “Busmen” must now fashion out a convincing victory in the second leg of the final next week in Singapore to be crowned ASEAN Zonal champions anew and advance to the next round of the tournament.
It is a situation that Ceres is pondering over and hoping to succeed at doing that.
The Busmen was first to the scoreboard in the first leg after Australian striker Blake Powell scored off a penalty in the eighth-minute to hand Ceres the early lead.
But the visitors found themselves leveled at 1-1 when forward Isaka Cernak scored at the 23rd minute off a rebound.
The two teams tried to seize the lead for the rest of the opening half but found themselves knotted at 1-1 at halftime.
The nip-and-tuck engagement continued at the start of the second half with both teams having their chances at getting the go-ahead.
As time wound up, Ceres tried hard to find a winner to give itself some cushion in the second leg but none would come, leaving the Bacolod team to settle for the draw.
After the game, Ceres coach Risto Vidakovic shared his assessment of their game and the difficulty they had.
“They played defensively so it was not easy to penetrate. There was no space to play. Maybe we should play more faster but it’s not easy to do so. I think we did what we can at this moment and we have another 90 minutes there so everything is open,” the coach was quoted as saying but the official Ceres website.
“We need to win there (in Singapore) and I think it will be similar to this one. I’m expecting that and I hope we recover all the players that didn’t play today and we will be stronger,” he added.
Ceres is playing without top scorer Bievenido Marañon in the Zonal final due to suspension for being sent off in a match during group play.
The second leg of the ASEAN Zonal Final of the AFC Cup is on Aug. 8 in Singapore.

Pair of rematches headlines UFC 227 at LA Staples Center

THE Ultimate Fighting Championship (UFC) features a pair of world title fights when it descends on Los Angeles, California, on Sunday (Manila time) for “UFC 227.”
Happening at the Staples Center, UFC 227 will have the bantamweight title clash between reigning champion TJ Dillashaw and number one contender and immediate former champ Cody “No Love” Garbrandt in the headlining fight with the flyweight championship battle of longtime titleholder Demetrious “Mighty Mouse” Johnson against familiar foe Henry “The Messenger” Cejudo as the co-main event.
It will mark the second time that the protagonists will be colliding against one another and all are hell bent on having their respective goals succeed.
Messrs. Dillashaw (15-3) and Garbrandt (11-1) last met in November 2017 where the former reclaimed his title by way of knockout (punches) in the second round.
Mr. Garbrandt said that win was a “fluke” and is determined to prove that such is true in UFC 227.
Mr. Johnson (27-2-1), meanwhile, has been undefeated as flyweight champion since 2012 and has Mr. Cejudo (12-2) as one of his conquered, beating the latter by technical knockout (knees and punches) in the first round of their title clash in April 2016.
For local combat sports analyst Mike Miguel, the significance of the headlining fights at UFC 227 goes beyond what happens in Los Angeles as the players could well face each other in a big money fight down the line, thus, fans should watch the outcome of Sunday’s fights with keen interest.
“With the winner of these two title fights possibly facing each other in a big-money fight down the line, what will go down this weekend is a must-see,” said Mr. Miguel, who writes for local site RealFight.ph, when asked by BusinessWorld for his thoughts on UFC 227.
He went on to say that all the championship protagonists are not lacking in motivation, which is why he is expecting competitive contests.
“In the main event, TJ Dillashaw and Cody Garbrandt will try to take each other’s head off more than just for bantamweight supremacy. For Garbrandt, he wants to make up for his costly error that led to his short-lived reign and regain his title. This match-up is a perfect recipe for another fight to be remembered and may exceed the expectations of their first encounter. Reigning champion Dillashaw, on the other hand, wants to close the book on his rivalry with his former Team Alpha Male teammate and prime himself for a big-money fight,” Mr. Miguel said.
“Meanwhile at flyweight, Demetrious Johnson keeps himself busy by cementing his place as one of the greatest who stepped inside the cage. Gunning for yet another historic feat (his 12th title defense) he faces Henry Cejudo who has shown during his last two fights that he is more prepared to face Johnson this time around. While the odds still favor Johnson, one can expect Cejudo making the proper adjustments in this fight,” the analyst said.
Mr. Miguel said reigning champions Dillashaw and Johnson are favorites to retain their titles but is not discounting the challengers’ abilities to spring a surprise.
“If both challengers come out confident and more calculated this time around, they will have a better shot at coming out victorious, especially Garbrandt, who lost the first bout because he allowed his emotion get the better of him,” Mr. Miguel said.
Other fights at UFC 227 are featherweight Cub Swanson against Renato Moicano, women’s strawweight Polyana Viana versus JJ Aldrich and middleweight Thiago Santos vs Kevin Holland.
UFC 227: Dillashaw vs Garbrandt 2 will be shown live on Sunday beginning at 10 a.m. over Hyper Ch. 91 in SD or 261 in HD on Cignal TV with replay at 6 p.m. on the same day.
In the Philippines, Cignal TV, the country’s foremost direct-to-home (DTH) company, is the home of the UFC after the two groups agreed to an extensive deal that will see the UFC beamed on various platforms. — Michael Angelo S. Murillo

Woods has sights on ninth title at ‘special’ Firestone

LOS ANGELES — Tiger Woods returns to the scene of his most recent victory when he tackles the WGC Bridgestone in Akron, Ohio, just making the elite field a testament to the superstar’s resilience.
“This event has been very special to me over the years. I’m excited to be back,” said 14-time major champion Woods, who has climbed from 656th in the world to start the year to 50th — barely making the field for a tournament he has won an astonishing eight times.
That includes his victory in 2013 — his most recent win anywhere.
Since then, Woods has been hampered by the back trouble that led to spinal fusion surgery in April of last year.
“I went from just hoping to be able to play the tour to now that I feel that I can play the tour,” he said. “I certainly can win again.”
And where better to prove that than Firestone?
“It has always been one of my favorite golf courses on the entire tour,” Woods said. “It’s a very simple, straightforward golf course, which we don’t see very often anymore. It’s one of the reasons why I tried so hard to get in this event, is because it does mean something special to me.”
A ninth victory at Firestone would also put Woods closer to his goal of playing in the Ryder Cup — as well as serving as an assistant to US captain Jim Furyk.
“You know he’s going to play well this week,” American Justin Thomas said of Woods.
“This place is like Augusta for him. He could probably take two, three weeks off and he’s going to get it around here fine, because he knows how to. He’s won here as many times as I’ve won everywhere in my career.
“I am surprised he hasn’t mentioned that yet — which is nice,” quipped Thomas, who will play alongside five-time major winner Phil Mickelson in the first two rounds, when Woods tees it up with Australian Jason Day.
NO FAKING IT AT FIRESTONE
World number one Dustin Johnson, who bounced back from his missed cut at Carnoustie with a Canadian Open win last week, hasn’t enjoyed that kind of sustained success in Akron, where his victory in 2016 is his only top-10 finish in eight starts.
“You can’t fake it around here,” Johnson said. “You really know where your game stands when you’re playing this golf course. You’ve got to hit every club in your bag and you’ve got to hit good shots with all of them.”
Francesco Molinari, grouped with Johnson in the first two rounds, hasn’t found Firestone too hospitable, never finishing better than a tie for 15th in seven prior starts.
But the 35-year-old Italian arrives with new confidence after his triumph at Carnoustie, a major breakthrough that followed on the heels of a dominant victory at the Quicken Loans National and a tie for second at the John Deere Classic.
In a season that also included a victory on the European Tour’s BMW Championship, Molinari has risen to a career-high sixth in the world — and reassessed his own abilities. — AFP

NCAA: Mapua out to stop on-a-roll San Beda

THE Mapua Cardinals, victorious in their previous game, shoot for back-to-back wins when they collide with on-a-roll defending champions San Beda Red Lions in the seniors opener today in the National Collegiate Athletic Association (NCAA) at the FilOil Flying V Centre in San Juan City.
Defeated the Arellano Chiefs, 91-83, in their last game on July 31 that handed them their second win in Season 94, the Cardinals (2-2) are targeting a victory over the Lions (3-0) in their scheduled 12 noon match to go above the .500 mark for the first time.
The Cardinals had it crisp to start the match against the Chiefs but encountered some rough patch in the second half.
But they would eventually settle down in the closing to book the victory and get back on the winning track.
Five players scored in double digits for the Cardinals in the win, led by the 16 points of Christian Bunag with Eric Jabel adding 15 and Cedric Pelayo 14.
Noah Lugo and Warren Bonifacio each had 12 points.
“We are still a work in progress. There are still some things that we need to work on to put up a consistent fight in the tournament,” said Mapua’s Laurenz Victoria, who had nine points and nine assists against Arellano.
San Beda, for its part, raced to its third straight win also on Tuesday with a 61-46 mastery of the Emilio Aguinaldo College (EAC) Generals.
Down a point, 14-13, at the end of the first quarter, the Lions tightened the defensive screws and shackled the Generals, particularly in the third period where the latter were limited to just eight points, and never looked back from there to seal the win and stay unbeaten along with league-leading Lyceum Pirates (5-0).
“Our defense made the difference today,” said San Beda coach Boyet Fernandez after the win.
Guard Robert Bolick paced his team with 15 points and six assists.
Playing in the second game at 2 p.m. are the San Sebastian Stags (2-3) against EAC (0-4) and at 4 p.m. it is Lyceum versus the Perpetual Help Altas (2-1). — Michael Angelo S. Murillo

Tennis clocks get good reviews but cut into tune time

WASHINGTON — New serve and warm-up clocks that debuted in ATP and WTA main draws this week received generally good reviews from players, although hurried warm-ups cut into music time for some.
The serve clock gives players 25 seconds to begin their service motion from the time the chair umpire announces the score.
The warm-up clock allows one minute from on-court arrival to get to the net, five minutes for warming up and another minute to get ready to play.
“It’s a positive change for tennis,” three-time Grand Slam champion Andy Murray said after his first-round match at the Washington Open.
“It’s one of those things in tennis that’s so stupid. How are you supposed to count 25 seconds in your head?”
While umpires have some discretion, the clock assures players and umpires are on the same wavelength when it comes to measuring the gap, with ball bouncing and gestures not counted as starting a serve motion.
“It was great. I don’t feel any pressure,” said three-time Grand Slam champion Stan Wawrinka. “You still have a lot of time and it’s good for the game. For sure you look (at the clock) but you’re always early compared to the umpire.”
The biggest complaints came from two 20-year-old rising stars, Japan’s Naomi Osaka and American Frances Tiafoe.
But it wasn’t about the serve clock. It was about one-minute countdown from walking out to getting to the net for the coin toss.
For players accustomed to a more leisurely pace in their teen years, it’s tough to take off the headphones and leave behind their music so quickly.
“It’s good. I think it would be well to speed it up. Some guys definitely take their time, move bottles around. But long matches are still going to be long matches,” said 41st-ranked Tiafoe.
“The minute to walk on, I don’t like that. I had to take my headphones off so I didn’t get fined there.”
Osaka, ranked 17th, was listening to Kendrick Lamar ahead of her opener when she realized she needed to get moving.
“The most panicky thing for me is the minute you have to get to the net for the coin toss. It cut into my music,” she said.
“I usually listen to music all the way to the bench and I had to stop half way. I was a little upset about that.”
Reigning US Open champion Sloane Stephens said it will take some time to adapt to the clock, especially in tight situations.
“It’s a little weird. You have to pay attention,” Stephens said. “When you’re 6-6 in the third set of a close match you don’t want to look at a clock. But it is what it is. Hopefully everyone will adjust well.”
Japan’s Kei Nishikori, the 2014 US Open runner-up, knows he will have less time to decide where he wants to go with serves and to formulate strategy between points.
“For myself, it’s not going to be easy,” he said. “I’m not going to have time to think much about where to put my serve. I won’t have much time to think between the points and with the heat it’s going to be a little bit tough.”
HELPS ‘STRONGER’ PLAYER
Germany’s Andrea Petkovic, a 2014 French Open semifinalist, said she adapted quickly after some nervous moments at the start.
“I like it. It does speed up the game,” she said. “I got ready a little quicker than I used to. It did stress me out a little bit first match. In the beginning I was looking at it all the time. When I realized I was doing fine, it relaxed me.”
She wouldn’t mind seeing it in every event, although it will only be used in the US Open and tune-up events this year, with consideration for a wider rollout in 2019.
“I think it would be a good thing,” Petkovic said. “It brings an edge to it and makes it more physical. I think it favors the physically stronger player.” — AFP

When leather meets dirt

Shawn Kelley’s not stupid. The Nationals reliever knows what’s right and wrong, and, by his own admission, slamming his glove to the ground while on the mound the other day was most definitely wrong. He gave in to frustration, to be sure; told to come in on the ninth inning to consolidate a blowout victory, he promptly allowed three runs on four hits, including a two-run blast by the Mets’ Austin Jackson. As he noted, “I should not have thrown my glove and acted like a baby out there.”
Reaction on social media was swift, and it didn’t take long for the Nationals to make their position known as well. Manager Dave Martinez designated Kelley for assignment, calling the pitcher’s lapse in judgment as “disrespectful to the organization,” added general manager Mike Rizzo, “you’re either in or in the way. I thought he was in the way.” No doubt, the dagger looks he gave the dugout right after leather met dirt contributed to the harshness of the penalty. Never mind that he insisted his frustrations were directed at the umpires and not at the powers that be for calling on him when the score was already 25 to one.
Moving forward, the Nationals have seven days to decide if they want to reinstate Kelley to active duty, place him on waivers, or trade him, but his DFA tag indicates the direction towards which they’re leaning. Which is just too bad, because he had been playing well out of the bullpen; in 32.1 innings through 35 appearances, he posted a 3.34 earned run average with 32 strikeouts. Ironically, his solid showing could have been the trigger for his meltdown. He may well have wondered why he was tapped to throw with the outcome already settled.
In any case, the incident served to underscore the tumult within the Nationals. Third in the National League East and seemingly in no position to claim a wild card berth, they strongly considered letting go of former Most Valuable Player Bryce Harper, only to allow the no-waiver trade deadline to pass without any action on that end. They’re certainly conflicted; as bad as his numbers have been this year, he’s only 25 and more than able to bounce back from his slump.
Then again, there is also such a thing as hoping against hope, and the Nationals look, well, lost in so doing. They’re stuck in the middle, on any given day capable of showing up and then, at a moment’s notice, showing themselves up. It’s exactly what happened the other day, and it’s what figures to keep happening for some time to come.
 
Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994.

Customs’ July collection exceeds target

The Bureau of Customs (BoC) revenues continued to rise and beat its targets on the back of a weaker local currency and high world oil prices, according to preliminary data.
In a statement on Thursday, Aug. 2, the BoC said it collected P52.05 billion in July, 49% greater than the P34.99 billion posted in July 2017.
It was higher than its P50.07-billion target that month by 3.9%, the sixth consecutive month to beat the goal, according to the BoC.
It was also 4% greater than the P50.05 billion the bureau raised in June.
“The bureau’s improved revenue performance is driven by strong enforcement and revenue enhancement measures and higher exchange rate and increased oil price in the market,” the BoC said in a statement.
“We are expecting consistent revenue growth and I remain confident that we will hit and
even exceed our year-end target,” Customs Commissioner Isidro S. Lapeña was quoted in a statement as saying. — Elijah Joseph C. Tubayan

DBM orders early procurement for 2019 projects

The Department of Budget and Management (DBM) ordered government agencies to conduct early procurement activities for 2019 projects to speed up the delivery upon the implementation of the General Appropriations Act.
“To ensure efficient implementation of programs, activities, and projects, agencies shall undertake timely procurement planning and early procurement activities,” the DBM said in a circular letter dated July 30, and signed by Budget Secretary Benjamin E. Diokno.
“Early Procurement shall be undertaken for the majority of the planned procurement of agencies as included in the NEP (National Expenditure Program) submitted to Congress. This ensures that all single-year projects shall be fully implemented within the validity period of the FY 2019 national budget,” it added.
Early Procurement activities shall refer to pre-procurement conference until post-qualification of bids and recommendation by the Bids and Awards Committee (BAC) to award the contract to the winning bidder.
The proposed P3.757-trillion budget for 2019 will shift from a two-year obligation-based appropriation to an annual cash-based system, where allocations shall be limited to the requirements for payments for goods delivered, services rendered, and infrastructure projects completed by the end of a fiscal year. — Elijah Joseph C. Tubayan

DoLE to set up emergency employment program for PLDT workers

The labor department said that it will assist the 7,000 contractual workers of PLDT Inc. (PLDT) through a emergency employment program.
“In the meantime, as a form of assistance from the Department of Labor and Employment (DoLE), we will provide them an emergency employment program,” Labor Secretary Silvestre H. Bello III said in a press briefing on Thursday, Aug. 2.
He said all the contractual workers of PLDT ” will be working for ten days and they will be paid for ten days.”
The DoLE secretary said that the Labor department “respects” the telco company’s words in PLDT’s Manifestation which was filed last July 24. In the Manifestation, PLDT questioned the “validity” of the Mr. Bello’s clarificatory order.
“We respect their decision on that . They have their lawyers and they give them all the legal assistance they can provide,” Mr. Bello said.
He added, “But we have a DoLE procedure and that Clarificatory (Order) is very clear that the employees, referring to the 7,000 workers, are regular employees of PLDT (and)not the service provider.” — Gillian M. Cortez

Oil trades near $68 as inventory and OPEC output weigh on market

Oil traded near $68 a barrel after sliding for two consecutive sessions as rising US inventories and higher output from OPEC and Russia weighed on the market.
Futures in New York were little changed, following a 3.5% slide in the past two sessions. US government data Wednesday showed a surprise gain in nationwide stockpiles. Meanwhile, OPEC’s July output climbed as Saudi Arabia pumped near-record volumes and Russia boosted production to levels not seen since it joined the cartel in a coordinated cut two years ago.
Oil last month posted the worst loss in two years on concern a trade war between the US and China could curb economic growth and limit energy demand. Under constant pressure from US President Donald Trump to cool prices, OPEC and its allies are fulfilling a pledge made in June to increase output to ease concerns over potential supply disruptions in countries such as Iran and Venezuela.
“Oil has been rebounding every time prices fall to near $68 since mid-July,” Makiko Tsugata, a senior analyst at Mizuho Securities Co., said by phone. “We may be seeing a similar move now.”
West Texas Intermediate crude for September delivery traded at $67.85 at 3:51 p.m. in Tokyo. The contract declined $2.47 in the previous two sessions. Total volume traded was about 30 percent below the 100-day average.
Brent for October settlement rose 44 cents to $72.83 a barrel on the London-based ICE Futures Europe exchange. The contract dipped $1.82 on Wednesday. The global benchmark traded at a $6.11 premium to WTI for the same month after the spread widened to as much as $11.43 in June.
Futures for September delivery were little changed at 502.9 yuan a barrel on the Shanghai International Energy Exchange. The contract lost 1.9% on Wednesday.
US crude inventories rose 3.8 million barrels last week, according to data from the Energy Information Administration. That’s compared with a forecast for a 3-million-barrel decline in a Bloomberg survey of analysts. Stockpiles at the Cushing storage hub in Oklahoma fell for an 11th straight week.
“A wide price spread between the US and global benchmarks a while ago made American crude relatively cheap and attracted buyers, helping decrease inventories,” Mizuho’s Tsugata said. “But with the current narrower spread, US crude has lost its appeal.”
Traders also are weighing output from OPEC and its allies following their accord to increase production in June. Saudi Arabia’s output rose by 230,000 barrels a day in July to 10.65 million barrels per day. Higher crude output from the Saudis, along with Nigeria and Iraq, pushed up total OPEC production by 300,000 barrels a day last month.
Meanwhile, Russia boosted its oil production in July to just below the post-Soviet record set in October 2016, Energy Minister Alexander Novak said. That’s equivalent to about 11.21 million barrels a day, a jump of 140,000 from a month earlier, according to Bloomberg calculations based on the ministry’s data. — Bloomberg