Rains to prevail across most parts of the Philippines due to LPA, ‘habagat’

 

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Jul 16, 2024 #ManilaBulletinOnline #ManilaBulletin #LatestNews

The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Tuesday, July 16 said a low pressure area (LPA) and the southwest monsoon are expected to bring rain showers across most parts of the country in the next 24 hours. READ MORE: https://mb.com.ph/2024/7/16/rains-to-... Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBull...

Celebs welcome Willie’s return to TV

 

Willie Revillame is flanked by Win Girls (from left) Roberta Tamondong, Gab Basiano, Christine Bermas, Boobsie Wonderland, Inday Fatima, Cindy Miranda, and Ana Ramsey at the ‘WIL-come Back Party’ on Sunday at the New Frontier Theatre in Quezon City.

Charmie Joy Pagulong - The Philippine Star 

July 16, 2024 | 12:00am

MANILA, Philippines — Some local celebrities wished Willie Revillame well and for his newest show, “Wil To Win,” to be a success. Willie mounted a “WIL-come Back Party” on Sunday at the New Frontier Theatre in Quezon City.

In a video greeting, shown on a stage screen, “FPJ’s Batang Quiapo” star Coco Martin congratulated the host for his grand comeback on television via his TV5 program.

“I’m sure that you will help a lot of people and make them happy,” Coco told Willie. “You already know (this) and I always say this to you, ‘You are my personal idol.’ I admire you because of the goodness of your heart, (you’re) helping a lot of people and (you’re a) professional. God bless you and more power to you. I hope we will see each other soon. We love you.”

In response, Willie expressed his gratitude to Coco for his kind words and greetings, quipping, “I like your bangs ha (laughs). Coco, thank you. Coco is very kind. Coco, to Julia (Montes) and to your kids, family, thank you. We spent time together during Holy Week. And I hope that you will invite me as a guest in ‘Batang Quiapo.’ I will give you jacket.”

Richard Gomez, as well, extended his congratulations to Willie, saying, “I hope that ‘Wil To Win’ will soar up, soar high. There’s nothing that I want but to wish you the best.”

“Kuya Wil is a friend, brother of every Filipino,” described Randy Santiago of Willie. “He has changed the beliefs of every person. Kumbaga siya ay isang kakampi. That’s what Filipinos saw in him, talagang tinatangkilik siya.”

Aga Muhlach, on the other hand, cited how Willie’s show will bring joy to people.

“It also gives inspiration and happiness (to them),” he added. “Willie always said that life is difficult nowadays, so we have to be happy. We have to extend help. Maraming nag-aabang sa kanya because he has helped so many people. A lot of people have already lost hope. When they see Willie, they feel that they have hope.”

“We’ve received plenty of questions and we want to make sure that we’ve answered them all,” Willie said during the event. “We want to start making people happy and give away prizes to the viewers kaya tuloy-tuloy na ‘to.”

During the “WIL-come Back Party,” the veteran TV host handed out prizes to audiences and viewers and also entertained the audience by performing Tagalog songs.

Willie was joined by Win Girls Ana Ramsey, Inday Fatima, Christine Bermas, Cindy Miranda, Boobsie Wonderland, Gab Basiano, and Roberta Tamondong on stage.

“Wil To Win” airs from Monday to Friday at 5 p.m. on TV5 and other Cignal channels.

BSP: Remittances growth hit 5-month high in May to $2.58B

 

By: Ian Nicolas P. Cigaral - @inquirerdotnet

Philippine Daily Inquirer / 02:06 AM July 16, 2024

Money sent home by Filipinos abroad posted its best expansion in five months in May, although figures showed growth of remittances might be plateauing despite the peso’s weakness.

Cash remittances coursed through banks amounted to $2.58 billion in May, up by 3.6 percent compared with a year ago, the Bangko Sentral ng Pilipinas (BSP) reported on Monday. Data showed this was the highest year-on-year growth of remittances since December 2023.

But despite that increase, remittances might not be receiving a significant boost that typically comes from a weak peso, which is now trading at the 58-per dollar level.

Year-to-date, remittances had grown by an annualized rate of 3 percent to $13.37 billion.  Data showed cash transfers from Filipinos abroad have been growing at around 3 percent since late 2022, with the BSP projecting the average growth of such inflows to settle at that level again in 2024.

Jeremaiah Opiniano, professor at University of Santo Tomas and executive director at the Institute for Migration and Development Issues, said this trend may “signify a plateau” that had not changed so far despite the currency’s slump.

Stability

“For the past two months (April and May 2024), overseas Filipinos did not take advantage of the low currency exchange rates to motivate them in sending more money,” Opiniano said.

“One would wonder if the efforts of Filipinos abroad to earn more and send money home may have been stretched,” he added.

Money sent home by Filipinos overseas is a major source of purchasing power in the Philippines, where consumption typically accounts for over 70 percent of gross domestic product (GDP). That said, a plateauing remittance growth may translate to sub-par support to consumer spending.

But John Paolo Rivera, senior research fellow at state think tank Philippine Institute for Development Studies, is seeing “stability” in the current trend.

“Historically, as BSP data reflects, remittances have been consistently stable and increasing given the volume and distribution of Filipinos all over the world driven by various motives in sending remittances,” Rivera said.

Dissecting the BSP’s report, remittances from land-based Filipino workers went up by 3.8 percent to $2.06 billion in May while those from sea-based workers inched up by 2.6 percent to $520 million.

PVL Reinforced Conference fires off Tuesday

Jul 15, 2024 02:29 PM

  

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AT A GLANCE

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Six teams open their respective title campaigns on Tuesday, July 16, when the Premier Volleyball League Reinforced Conference fires off at the Philsports Arena in Pasig City.

Creamline seeks for an unprecedented ninth PVL title when the Reinforced Conference fires off on Tuesday, July 16, at the Philsports Arena. (File Photo/PVL Images)

Galeries Tower and Nxled raise the curtain in their 2 p.m. tussle, while Chery Tiggo and Farm Fresh both seek for strong starts when they collide at 4 p.m.

But focus will be on multi-titled Creamline, which squares off with PLDT at 6 p.m. as it guns for an unprecedented ninth league title this import-flavored conference last played in 2022. 

Apart from parading their respective acquisitions in the inaugural Rookie Draft held last week, the teams are also expected to showcase their respective imports to add fuel in their bids.

The Cool Smashers, banking on their All-Filipino Conference title victory, are leaning on American import Erica Staunton to boost the squad as they play without star player Jema Galanza due to national team duties.

The 6-foot-1 Staunton boasts of credentials as a two-time All-NCAA member, having played for Northeastern University and University of Georgia.

Staunton is expected to team up with a formidable lineup spearheaded by Tots Carlos, Michele Gumabao, Pangs Panaga and rookie libero Aleiah Torres, who was selected 12th overall in the draft.

PLDT is also bursting with promise with the expected return of Mika Reyes in the fold to join forces with veteran setter Kim Fajardo, Fil-Canadian Savi Davison, Majoy Baron, new recruit Angge Alcantara and Russian reinforcement Elena Samoilenko.

Galeries Tower, meanwhile, will have Brazilian import Monique Helena and rookie Julia Coronel in teaming up with Jewel Encarnacion, Roma Joy Doromal and Dodee Batindaan, while Nxled will have Krich Macaslang, Lycha Ebon, Jho Maraguinot and Bang Pineda.

Not to be outdone are Chery Tiggo, which has Katherine Bell, Ara Galang, EJ Laure and Abi Maraño, and Farm Fresh, which has a new coach in Shota Sato and promising players in Jolina Dela Cruz, Trisha Tubu, Caitlin Viray and Colombian import Yeny Murillo.