PBA cuts refs pool for finals Joaquin Henson (The Philippine Star) - August 12, 2019 - 12:00am MANILA, Philippines — The PBA started this season with a pool of 21 referees and for the ongoing Commissioner’s Cup finals, director of basketball operations Eric Castro confirmed the other day that the league is rotating a corps of only 13 to assure a higher level of officiating. The corps of 13 is broken down into three Class A, three Class B, three Class C and four Class D referees. Before a finals game, a draw is held to choose one referee from each class to comprise the four-strong unit to work the contest. The draw is supervised by Castro and employs a computer system where representatives of the two opposing teams press a key to determine the four picks. From the initial cast of 21, five were relegated to the PBA D-League for more experience, one passed away (Emy Tangkion), one resigned to pursue a career as a … [Read more...] about PBA cuts refs pool for finals
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How they fought rice cartels, price spikes a century ago That the average age of Filipino farmers is 60 was reported two years ago, so the figure needs updating. Sons leave the tillage for easier work, perchance as municipio fixer, jueteng runner, or jitney barker. Farming is so neglected it has lost appeal. Irrigation and harvest facilities are scant, fertilizer and pesticide so costly. Farmers are at the mercy of middlemen. To please consumers, agencies import food rather than assist producers. Kickbacks are taken from paving farm-to-market roads. In rice the government is set to boost farm yields and end imports, long overdue. But resisting change, appointees are into old moneymaking rackets. All the more farmers will be turned off. Many present mistakes had been committed before, and tested solutions forgotten. Authorities never learn. A century ago US colonial officials encountered farm and food crises. From the Philippine Commission report of 1903 … [Read more...] about How they fought rice cartels, price spikes a century ago
A Good Class Bungalow (GCB) at 80 Belmont Road will be auctioned next week in a mortgagee sale with a guide price of $42 million, property consultancy Knight Frank Singapore said yesterday. That works out to a price tag of about $1,557 per sq ft (psf). The auction will take place at 2.30pm on Tuesday at the Connection Room on Level 3 of Amara Singapore hotel. The two-storey freehold property has a land area of 27,000 sq ft and floor area of 15,714 sq ft. Its sprawling grounds include a covered car porch, lift, swimming pool, playground, basketball court and landscaped garden. "Given the rarity of a GCB of this size being put up for auction, we anticipate the response to be good," said Knight Frank Singapore head of auction and sales Sharon Lee. GCBs have a minimum plot size of 1,400 sq m, or 15,069 sq ft, according to the Urban Redevelopment Authority. Two GCBs in the vicinity have been sold in the past year, Ms Lee said. One was a 15,004 sq ft GCB at 63 Belmont Road, which sold for … [Read more...] about Belmont Road bungalow to be auctioned with guide price of $42m
MANILA -- For P5000,000 a night, guests can enjoy a 1,400 square-meter villa that has five bedrooms, bathrooms with bathtubs, kitchen, 16-seater dining room with a bar, gym, spa with sauna, entertainment room, and sizeable outdoor space with a pool and jet tub. Okada Manila just unveiled its most luxurious room offering something that is definitely fit for a king. This is the integrated resort complex's first three of its five planned villas. Located on the third floor of the Pearl Wing, the villas are Okada Manila's most expensive rooms. Director for sales and marketing Julius Santos clarified that the P500,000 rate is an introductory price because the published rate is at a much higher P800,000 on weekdays and P1 million on weekends. “It comes down to supply and demand eventually, whether there's a huge demand and we're hoping there will be. So the prices will increase proportionately,” he said during the unveiling party. And surprisingly after initially offering it a … [Read more...] about This hotel unveils luxury villas priced at P500K a night
PETALING JAYA: Bitcoin, the most heatedly debated subject in the financial market a year ago, has seen some renewed interest recently when its price topped the US$8,000 (RM33,360) mark on May 15. This marks a year-to-date increase of over 100%, but how would bitcoin perform this time around and what is driving its rally? As at 6pm today, bitcoin price was trading at around US$7,975 (RM33,261), compared with US$8,099 (RM33,779) on May 15, according to blockchain and cryptocurrency online portal Coindesk. Recall that bitcoin hit its peak of over US$20,000 (RM83,820) in late 2017, but it was followed by a sharp plunge in early 2018 with its price reaching a low of US$3,339 (RM13,993). According to Yusho Liu, CEO of Coinhako, a crypto exchange platform based in Singapore, the spike in demand for cryptocurrencies recently was not an overnight surge as people have been monitoring the price movement all along for the past six to 12 months and the volume on its platform has doubled over the … [Read more...] about Bitcoin price on ascent again – is it a fluke?