Home Blog Page 12006

San Beda shoots for 10th win in NCAA Season 94

DEFENDING champions San Beda Red Lions gun for their 10th win in Season 94 of the National Collegiate Athletic Association in their game today against the Mapua Cardinals at the FilOil Flying V Centre in San Juan City.
Currently the holder of a 9-1 record, good for second place, the Lions are aiming for a double-digit number in wins in their 2 p.m. match with the Cardinals to help their push for a top two finish and position for another shot at the title.
San Beda is coming off a big 73-45 victory over the Jose Rizal University Heavy Bombers on Tuesday to set off its second-round campaign to a winning start and keep in step with league-leading Lyceum Pirates (10-0).
It was another all-around attack for the Boyet Fernandez-coached Lions that had them leading wire-to-wire.
Robert Bolick had a solid statline of 14 points, 12 rebounds and five assists to lead San Beda with Jeramer Cabanag and AC Soberano adding nine and eight points, respectively.
Mapua, meanwhile, begins its second-round campaign after finishing the opening round with a 2-7 record.
Warren Bonifacio is leading the team with 10.8 points, 7.6 rebounds and 2.6 assists while Cedric Pelayo has been good for 10.2 points and Laurenz Victoria 10.1 points and 3.8 assists.
Other games today feature Lyceum against JRU (2-8) at 12 noon and Emilio Aguinaldo College Generals (2-7) versus the San Sebastian Stags (1-9) at 4 p.m. — Michael Angelo S. Murillo

Streaking Banario looks to sustain ascent in Shanghai

WINNER of his last five fights in ONE Championship, Filipino lightweight fighter Honorio “The Rock” Banario tries to extend his winning streak when he collides on Saturday with Singaporean Amir Khan in the co-main event for “ONE: Beyond the Horizon” in Shanghai, China.
Successfully turned things around for his career after a string of losses that spanned two years from 2013 to 2015 that pushed him on the brink of retirement, Mr. Banario of Team Lakay said he is determined to keep things on the upswing for him.
“Right now, I’m just motivated to keep on winning. Whether that means I’m on the road to another title shot or not,” said Mr. Banario, who was a one-time ONE featherweight champion.
“I just want to beat whoever they put in front of me. If that leads to the title, then I’m fine with it,” he added.
Mr. Banario (13-6) is coming off a split decision win over Adrian Pang in April here in Manila which further extended his winning streak.
He said that his match with Mr. Khan (10-3) presents a challenge to him but something that should do wonders for his career as lightweight if he gets to beat him.
“Amir [Khan] is a hungry, young lion and one of the top contenders at lightweight. He’s tall and long and uses his distance very well. It’s going to be a good challenge for me. If I can defeat him, I can gain more solid footing among the division’s best,” said Mr. Banario, 28.
“I know he is a great striker, but I am also. It’s going to be Muay Thai versus wushu when we meet at the center of the ring,” added the Filipino warrior.
ONE: Beyond the Horizon will be headlined by the women’s strawweight world championship fight between champion Xiong Jing Nan of China and challenger Samara Santos of Brazil.
Also competing at the event is Filipino featherweight Edward Kelly, who will take on Christian Lee of Singapore. — Michael Angelo S. Murillo

Mandaluyong El Tigre, San Juan Knights stamp class in MPBL Datu Cup

RAY PARKS and the rest of the Mandaluyong El Tigre continued to roar in the MPBL Datu Cup.
On Wednesday night, the second generation cager produced another productive performance in powering the Dataland-backed El Tigre to a 77-75 win over the Parañaque Patriots-F2 Logistics at the Filoil Flying V Arena.
Parks, son of the late seven-time PBA Best Import and league Hall of Famer Bobby Parks, knocked in 26 points, dished out six assists and pulled down five rebounds to power the El Tigre to their sixth straight win.
The El Tigre improved their win-loss record to 6-1 to forge a four-way tie with the Bataan Risers, Manila Stars and the San Juan Knights, who posted a convincing 80-59 win over the Zamboanga Valientes in the second game.
San Juan, backed by Go-For-Gold, bucked a slow start before pouring their might in the second half.
The Knights outscored the Family’s Brand Sardines-sponsored Valientes in the third period, 24-10, to turn things around. San Juan held Zamboanga without a field goal for nearly a seven-minute stretch in the third period then unloaded a blistering 17-0 run to turn a close game into a rout.
“I don’t know why we had a slow start,” ex-Ginebra stalwart John Wilson, who now plays for San Juan, told BusinessWorld. “But I was vocal to them at half time. I encouraged them to give everything they got because we have relievers on this team who can substitute them each time they need a breather.”
The loss was the fourth in eight games for the Valientes, who dropped their second consecutive match. The team drew inspiration from their visitors — PBA guards Mark Barroca of Magnolia Star Hotshots and Chico Lanete of the San Miguel Beermen, both of whom came from the province of Zamboanga.
But while these two players provided the inspiration for the Valientes, Wilson unleashed the devastation as he poured in 15 of his 23 points for the Knights, who got back on the win column after suffering their first loss in the tournament put up by Senator Manny Pacquiao with PBA legend and former MVP Kenneth Duremdes serving as commissioner. — Rey Joble

Filipino Olympian figure skater Michael Martinez pauses to take stock

Text and photo by Michael Angelo S. Murillo
SKATING for much of his young life, Filipino Olympian figure skater Michael Martinez has deemed it fit to take a break and try out other things beyond the sport.
In the country currently, the California-based Martinez said that he has hit the pause button on his skating career for now but was quick to say that he is not yet retiring from the sport.
The last time people saw Mr. Martinez, 21, in action was in the Pyeongchang Winter Olympics in South Korea in February where he failed to advance from the free skate round, finishing 28th overall from a field of 30, four rungs outside of the top 24 who advanced to the free skating program.
Despite failing to make the cut, Mr. Martinez said he was still proud of the showing he had considering the circumstances for him leading up to the 2018 Winter Olympics.
“The 2018 Olympics was difficult because I never expected to compete in it since I did not qualify. So I spent time attending to other things like finding a job to earn a living. So for five months I did not skate or trained then suddenly the federation and the Philippine Olympic Committee contacted me and told me that I will be competing in the Olympics after all. So with practically no idea how I would do it I packed my bags and got my skates and quit my job and went back to the ice and trained for two weeks for the Olympics,” said Mr. Martinez, who also competed in the 2014 Olympics in Sochi, Russia, in a media roundtable on Wednesday at the Olivia & Co. restaurant at Uptown Mall in Bonifacio Global City in Taguig City.
“I think I did well considering the circumstances but nonetheless it was a difficult performance. Just the same I’m proud of what I was able to do,” he added.
After the Pyeongchang Games, Mr. Martinez said he has been on a break to take stock of things and rest his body following a rigid routine of training and competing for more than a decade.
“Following the Olympics, I came back here and then went back to the States. From then on I really took a break. I did not train, did not do much blogging and all those stuff. I have been skating almost nonstop since I was eight years old, 2005, training and competing. So I felt I needed a break,” Mr. Martinez said.
OTHER OPPORTUNITIES
Back in the Philippines just this week, the Olympian is focusing on exploring the opportunities he has here, citing brand endorsing and modelling as some of the things he is open to doing.
“So right now my focus here in the Philippines is to explore other opportunities, maybe getting endorsements, being a social media influencer, perhaps,” he said.
He did not say for how long he would be on a break, mentioning that other top figure skaters had also at one point in their careers took a back step, but nonetheless expressed excitement over the country’s hosting of the Southeast Asian Games in 2019 and the possibility of competing in there.
Mr. Martinez competed in the 2017 SEA Games Malaysia and brought home a silver.
The Muntinlupa native Martinez went to encourage more people to pick up the sport of figure skating, believing it is something that Filipinos can excel in, notwithstanding that the Philippines is a tropical country.
“Filipinos are very artistic people and through figure skating they can express that,” he said.
But he said that if one goes into it, they must not do it half-hearted.
“Don’t treat figure skating as something that since other people are doing it, I have to do it. If you want to do this and see your future in this sport, you have to give your all. Do the needed sacrifices. But if you are not willing to do the sacrifices then do not do it because you will not grow in the sport,” Mr. Martinez said, adding that support for the sport from stakeholders and willing sponsors would go a long way in further cultivating figure skating in the country.
Mr. Martinez will be in the country until Oct. 17.

Kei Nishikori and Naomi Osaka first Japanese man and woman to reach semifinals at same Grand Slam

NEW YORK — Kei Nishikori and Naomi Osaka made history at the US Open on Wednesday when they became the first Japanese man and woman to reach the semi-finals at the same Grand Slam.
Nishikori reached the last four of the men’s singles with a 2-6, 6-4, 7-6 (7/5), 4-6, 6-4 victory over Marin Cilic — the man who beat him in the 2014 final.
Earlier, Osaka defeated Ukraine’s Lesia Tsurenko 6-1, 6-1 in the semi-finals of the women’s singles.
Nishikori will be playing in his third US Open semi-final after similar runs in 2014 and 2016.
The 29-year-old has also reached the quarter-finals of the three other Slams including Wimbledon this year, the first Japanese man to do so in 23 years.
“It’s great to see,” said Nishikori who missed the 2017 US Open due to injury.
“Naomi’s doing well, because she has won a Masters (Indian Wells). I think she can win a title now. It’s a big chance for her,” Nishikori added.
The 20-year-old Osaka is the first Japanese woman to make the last-four of any Slam since Kimiko Date at Wimbledon in 1996 — a year before she was born.
Osaka had reached the Australian Open last-16 in January in her previous best run at the majors.
She had also captured the prestigious Indian Wells title in March and defeated Serena Williams in Miami.
“The quarters was sort of my mental goal, every time I played a Grand Slam,” said Osaka.
Before Nishikori, only Shuzo Matsuoka had made the last-eight in men’s singles in a major at Wimbledon in 1995.
Date also made the women’s last-eight the same year in Wimbledon and the semi-finals the following year.
Date was also a semi-finalist at Roland Garros in 1995.
Until Osaka’s run this year, the best New York performance by a Japanese woman was 2004 when Shinobu Asagoe reached the quarter-finals.
“Well, it definitely means a lot for me, and I always thought if I were to win a Grand Slam, the first one I’d want to win is the US Open, because I have grown up here,” said Osaka who was born in Japan but has lived most of her life in the United States.
“Then my grandparents can come and watch. I think it would be really cool.”
Next up for Nishikori is a clash against either two-time champion and former world number one Novak Djokovic or John Millman, the Australian who stunned Roger Federer in the fourth round.
Osaka faces either US 14th seed Madison Keys, the runner-up in 2017 or Spain’s Carla Suarez Navarro. — AFP

Tyron Woodley vs Darren Till headlines UFC 228 on Sunday

ULTIMATE Fighting Championship welterweight champion Tyron “The Chosen One” Woodley of the United States stakes his title against Darren ‘The Gorilla” Till of England at “UFC 228” on Sunday (Manila time) at the American Airlines Center in Dallas, Texas.
His third defense of the title he won in 2016, Mr. Woodley (18-3-1) is out to keep his hold of the 155-lb division gold against Mr. Till (17-0-1), the number two contender in the weight class and undefeated in six UFC fights to date.
Mr. Woodley’s most recent successful title defense was over Brazilian Demian Maia by way of unanimous decision in July last year, where the former frustrated the latter by thwarting every takedown attempt he made on the way to victory.
British Till, meanwhile, was a unanimous decision winner over former number one contender Stephen Thompson in May this year in Liverpool.
Serving as co-main event for UFC 228 is the women’s flyweight title clash between champion Nicco Montano (5-2) of the United States and challenger Valentina “Bullet” Shevchenco (15-3) of Kyrgyzstan.
Other fights in the main card are featherweight Zabit Magomedsharipov against Brandon Davis, women’s strawweight Jessica Andrade versus Karolina Kowalkiewicz, and welterweight Abdul Razak Alhassan vs Nico Price.
In the Philippines, Cignal TV, the country’s foremost direct-to-home (DTH) company, carries UFC matches after they agreed to an extensive deal that will see the UFC beamed on various platforms. — Michael Angelo S. Murillo

Furyk final pick

OVER the weekend, United States Ryder Cup Captain Jim Furyk remained coy regarding his first three selections for the 2018 matches. No doubt, he chose to keep his lips sealed in respect of the process, which required him to wait until the culmination of the Dell Technologies Championship prior to announcing his decision. And, in theory, the long-set schedule works; the very notion of giving him free rein to choose a third of his charges close to the event is predicated on tapping in-form players.
In truth, Furyk didn’t have to agonize at all. Heading into the FedEx Cup Playoffs, Tiger Woods and Phil Mickelson, the two most accomplished names of the current generation, had already claimed spots on the strength of their resumes. And it certainly helped that they sizzled of late. Meanwhile, Bryson DeChambeau was always on the radar, but wound up being a no-brainer following victorious stints in his last two starts.
With the Ryder Cup just two weeks away, Furyk now turns his attention to his final at-large selection. Parenthetically, he will use results in BMW Championship to narrow his options — all the while taking into consideration pairings that would appear to click on paper. He has a deep field to choose from. Among the most notable are Tony Finau (who wound up second and fourth at the initial FedEx Cup stops) and Xander Schauffele (who posted bridesmaid finishes at the Players Championship and British Open).
Regardless of how Furyk goes, the US cannot but be considered favorites to carve their first Ryder Cup triumph in foreign soil since 1993. Then again, they’ve been the safe bet in practically every meet through the last two and a half decades, only to fall short of expectations. Which is to say he will want any advantage he can get, including getting the last man right. In short, he has his work cut out for him.
 
Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994.

PAL moves launch of Sapporo flights to October

Philippine Airlines (PAL) said it will move the launch of its flights to Sapporo from its initial schedule on Monday, Sept. 10, to October, hampered by the effects of the earthquake that hit Japan on Thursday.
“Due to a strong 6.7 earthquake which hit Hokkaido early this morning resulting in power outages and blocked roads, PAL will be postponing the original September 10 launch of its Manila – Sapporo – Manila route to a new date – October 8,” the company said in a post on its official Facebook page.
PAL noted customers who bought tickets going to Sapporo scheduled between Sept. 10 to Oct. 7 may rebook their flights free of charge within 30 days from Oct. 8.
The flag carrier announced in July its plans to fly to Sapporo because of the rising demand from Filipinos to fly to Japan.
PAL said it will fly to Sapporo thrice weekly, its sixth destination linking the country to Japan. It currently offers flights to Fukuoka, Osaka (Kansai), Nagoya (Chubu) and Tokyo (Narita and Haneda), with chartered flights to Okinawa island. — Denise A. Valdez

Bitcoin falls off another cliff as cryptocurrency slump deepens

Cryptocurrencies dropped sharply for the second time in less than 24 hours, sinking toward a nine-month low amid concern that broader adoption of digital assets will take longer than some anticipated.
Bitcoin, the largest cryptocurrency, tumbled as much as 9.8% and was trading at $6,422 as of 1:25 p.m. in Hong Kong, according to Bloomberg composite pricing. The Bloomberg Galaxy Crypto Index, a gauge of the largest digital assets, traded near its lowest level since November 2017 as rival coins Ripple, Ether and Litecoin also fell.
Cryptocurrency bulls who counted on an expanding user base to drive up prices have been dealt a string of recent disappointments. Business Insider reported on Wednesday that Goldman Sachs Group Inc. was pulling back on near-term plans to set up a crypto trading desk, while trading platform ShapeShift AG said on Tuesday that it will begin asking users for personal information — a policy that may drive away customers who value anonymity. The moves follow last month’s decision by U.S. regulators to reject another round of Bitcoin exchange-traded fund proposals.
“A lot of retail investors’ hopes for a bigger institutional presence were really being driven by Goldman Sachs,” Stephen Innes, head of trading for Asia Pacific at Oanda Corp., said by phone from Singapore. “This is just a negative, negative sign as far as liquidity goes.”
While many banks and institutional investors are dipping their toes into the world of cryptocurrencies, concerns about everything from money-laundering to market manipulation and unclear regulations have prevented widespread adoption. The market value of virtual currencies tracked by CoinMarketCap.com has slumped about 75 percent from its January peak to $204 billion.
The next key level to watch for Bitcoin is $5,000, according to Innes, who said a drop below that threshold may cause losses to accelerate. — Bloomberg

Approved foreign investment pledges up by 70% in second quarter

Approved foreign investment pledges rose by 70.4% in the second quarter, its highest in almost three years, the Philippine Statistics Authority said.
Preliminary PSA data showed approved foreign commitments by the country’s seven investment promotion agencies (IPAs) growing to P30.9 billion from P18.2 billion recorded in the same period last year.
The second-quarter result brought foreign commitments in the first half to P45.2 billion, 10% more than the P41 billion a year ago. — Vincent Mariel P. Galang

UnionBank to raise P20 billion via commercial papers

UnionBank of the Philippines is set to raise P20 billion through issuance of debt instruments to raise fresh funds.
In a regulatory filing on Thursday, Sept. 6, the Aboitiz-led UnionBank said its board of directors approved during its regular meeting the issuance of a bond or commercial paper amounting to P20 billion.
The fundraising activity can be done in multiple tranches.
Banks can now raise fresh funds through corporate bonds with greater ease starting this month, as new rules do away with having to secure approval from the Bangko Sentral ng Pilipinas to deepen domestic capital markets. — Karl Angelo N. Vidal

Credit Suisse expects BSP to raise rates by 50 base points

Financial services firm Credit Suisse said the local central bank needs to hike its interest rates by 50 basis points (bp) to dampen inflation expectation as the robust economic growth “comes at a cost.”
In a media briefing on Thursday, Sept. 6, Credit Suisse Managing Director and Chief Economist for Asia Pacific Ray Farris said that the Bangko Sentral ng Pilipinas (BSP) will likely raise its benchmark rates by 50 bp to temper inflation.
“We see a reasonable chance the BSP will want to send a signal to the markets that they recognize that the inflation is too high and it wants to ensure that it will come back under control by raising rates faster,” Mr. Farris told reporters. “We see a good chance for a 50 bp rate hike.”
Mr. Farris added that the central bank needs “re-establish a degree of balance in the system” to maximize economic growth in a longer period.
“You’re not really sacrificing growth because if you want to maximize growth over long periods of time, you need to keep inflation stable and low. So if the BSP doesn’t act and inflation continues to rise, it’s going to get worse.” — Karl Angelo N. Vidal

ADVERTISEMENT
ADVERTISEMENT