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Reyes names Gilas Final 12

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first_imgGilas Pilipinas coach Chot Reyes. Photo by Tristan Tamayo/INQUIRER.netTAIPEI—With the enemy’s roster littered with pesky guards, Gilas Pilipinas coach Chot Reyes has decided to include Jio Jalalon as his third point guard in the Filipinos’ Fiba World Qualifying match with Chinese Taipei Friday night here.Able to defend as hard as anyone in the region, Jalalon won the spot over Baser Amer and joins Jayson Castro and Terrence Romeo in the Philippine Team backcourt that definitely doesn’t lack the firepower.ADVERTISEMENT Tim Cone, Ginebra set their sights on elusive All-Filipino crown MOST READ View comments Don’t miss out on the latest news and information. Bicol riders extend help to Taal evacuees Cloudy skies over Luzon due to amihan Jury of 7 men, 5 women selected for Harvey Weinstein rape trial In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ June Mar Fajardo, Japeth Aguilar, Gabe Norwood, Troy Rosario, RR Pogoy, Calvin Abueva and Matthew Wright round out Reyes’ team for the Taiwanese.Sports Related Videospowered by AdSparcRead Next Christopher Tolkien, son of Lord of the Rings author, dies aged 95 Taal victims get help from Kalayaan town Home fans spur Bataan to first win LATEST STORIES Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award “We needed an extra zone-buster, that’s why we chose Allein,” Reyes explained as the Filipinos try to sustain a five-year winning run against the Taiwanese and stay firmly in second place in Group B behind Australia.Andray Blatche will again play a key role for the Filipinos, who labored under a bum start last November before hacking out a 90-83 victory in the second window held at Mall of Asia Arena in Pasay.Quincy Davis III will again be the force in the middle for the Taiwanese, whom he gave a handsome early lead seven months ago by shooting 12 points in the opening period only to lose steam when it mattered. The 6-foot-10 center finished with 20 points.Gilas will have another game after this one, happening on Monday at Philippine Arena in Bocaue, Bulacan, where they clash with world power Australia. He can change his roster for that game as allowed by the rules.Tickets for the game have been sold out days before, with a big number of overseas Filipino workers failing to secure tickets with the home crowd gobbling up most of it to assure full support for the Taiwanese.ADVERTISEMENT Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Volcano watch: Island fissures steaming, lake water receding Amer loomed to be a logical choice for the spot, playing incredibly well for Meralco in the PBA Commissioner’s Cup. But it seems that Jalalon is a much better defender, something which Reyes will need for the 7 p.m. game against the Taiwanese at Taipei Heping gym.Carl Bryan Cruz and Cadet Troy Rike were the other cuts as Reyes finalized his 12-man lineup before practicing for the last time on Thursday night at Jheng Jhong sports facility.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crown“We’ve always had a pesky point guard who could put pressure and be a pesky defender,” Reyes told TV5. “And that’s the role of Jio Jalalon. That’s why we’ve kept those three point guards in the Final 12, and that leaves Baser (Amer) out of the equation.”Cruz, also a hard-nosed defender, lost out a slot to Allein Maliksi, the former Santo Tomas ace who can light it up from afar.last_img read more

Beginning of the end

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first_imgDear Editor,It has been reported in the media that after three years of mismanagement and continuous heavy operating losses, the Government has transferred control of the Guyana Sugar Corporation (GuySuCo) — Guyana’s largest agricultural industry and employer — from the Ministry of Agriculture to the Ministry of Finance, where it will be managed by the National Industrial and Commercial Investment Limited (NICIL) and its Special Purposes Unit (SPU).NICIL/SPU has been mandated to ensure that GuySuCo is returned to profitability, and NICIL/SPU has wasted no time in accomplishing this assignment by firing GuySuCo’s long-time chairman, Professor Clive Thomas, and its board of directors, and replacing them with a new board, with Mr Heath-London as the newly appointed Chairman.The track record of the newly appointed team suggests that they have little or no experience in formulating plans and executing policies to turn around an agriculture-based company in deep financial trouble and plagued with a host of diverse technical, management and agricultural problems. Nevertheless, it seems that the way forward for GuySuCo is still being determined, particularly with respect to the management of its three operating estates and privatization/leasing/selling of the assets of the remaining four.Today’s prices show that sugar is being sold on the world market at less than US$0.14/lb, while it is costing GuySuCo an estimated US$0.40/lb to produce. To eliminate this differential and return GuySuCo to profitability, the cane fields will have to be converted for full-scale mechanization (which is not possible with the existing fields’ layout); improved cane varieties would have to be planted for higher yields of TC/TS; and there would have to be modernization of the manufacturing process and farming equipment for higher production and efficiencies. The existing acreage under cultivation would also have to be increased to reduce overhead costs.Two major constraints among others have prevented GuySuCo from implementing programmes to return itself to profitability — lack of timely capital investments to upgrade and diversify its rundown facilities and equipment, and failure to train its personnel to acquire the knowledge and skills for diversified manufacturing. This was clearly evident at the Skeldon estate, where an ultra-modern factory was poorly operated and managed, while anticipated cane production increase never materialized to meet the factory’s designed processing capacity.There was also the half-hearted attempt at field mechanization, and the failed diversification efforts at Wales after the estate had closed.A loan of $30 billion being sought by NICIL to upgrade the three operating estates (Albion, Blairmont, Uitvlugt) with the intent of returning them to profitability is a ‘pipe dream’ for reasons stated above. SPU will be seeking a loan of about $15 billion to refurbish the four closed estates (Skeldon, Rose Hall, Enmore, Wales) to make them attractive for investors to buy/lease, as was recommended by NICIL’s consultant, PwC, based on the premise that to obtain premium prices for the closed estates, they should be presented to investors as going concerns, functional at both the field and factory levels.This is likely to be a ‘no go’, as investors are aware of the Government’s dilemma and will be looking at the estates as ‘fire sales’, and then convert their acquired bounty of abandoned sugar lands into real estate development and other financially lucrative deals for quick profitable turnovers (as Houston/Versailles Estates have done) and avoid venturing into sugar manufacturing with limited or no growth and questionable profitability.It is evident that the Government has lost its way, groping in the dark with no clear coherent plan to return GuySuCo to profitability, nor does it know how to bite the bullet and wind down the industry and find/create jobs for the laid-off workers.Guyana’s Treasury cannot continue to subsidize GuySuCo indefinitely at the expense of other urgently needed national programmes. The adverse social and economic effects of laid-off sugar workers will sooner or later spill over into the communities at large. The growing crime rate in Georgetown and other urban areas with high unemployment clearly indicates what could happen when large segments of the society are unemployed/unskilled and are wandering around.Yours faithfully,Charles Sohanlast_img read more

Police raid mining camp, 5 arrested with illegal shotgun

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first_imgFive persons have been taken into Police custody following the discovery of an illegal shotgun and pellets at a mining camp at Laurubang Backdam, Mazaruni River, Region Seven.Based on reports received, Police ranks in ‘F’ Division were on an ATV patrol when they received vital information, and they went to a mining camp and carried out a search, during which one 12-guage, single- barrel shotgun was found, along with 100 pellets.At the time of the raid, five men were at the mining camp, and they have all been taken into custody. They are being processed for court in the new week.last_img read more