NCAA Season 93’s Best 7: Week 13

first_imgWith the collegiate season in full swing, INQUIRER lists the week’s top seven performers in the ongoing NCAA Season 93 men’s basketball tournament. From their game statistics to their overall impact in the outcomes, everything is weighed to come up with the best players from the week that was.ADVERTISEMENT DAY6 is for everybody Finally, we get some sense of clarity two weeks away from the end of the eliminations.Lyceum and San Beda have already punched their tickets to the playoffs and JRU seems to be following suit after moving a win away from nabbing the third spot.FEATURED STORIESSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’SPORTSFederer blasts lack of communication on Australian Open smogThree more teams are duking it out for the last Final Four spot, making every game for Letran, San Sebastian, and Arellano do-or-die duels.Individually, players are also doing last-ditch efforts on not just helping their respective teams progress, but also put themselves in the conversation for the end of season awards. 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For the second straight week, and fourth time overall, the energetic Lyceum forward tops this week’s rankings.Though the Pirates are facing what could be their toughest stretch yet, Perez is still keeping his numbers up as he leads his team’s bid to sweep the elimination round.Photo by Tristan Tamayo/ INQUIRER.net(2) Jed Mendoza – G, JRU Heavy Bombers16.5 points (4/10 3PT), 5.0 rebounds, 3.0 assistsLast Week: N/AChurning out consistent numbers in JRU’s Final Four drive, Jed Mendoza takes the cake in the team’s 2-0 week.The playmaker’s poise, coupled with his stupendous sniping from downtown was really a big shot in the arm for the Heavy Bombers as they move a win away from clinching a seat in the Final Four.Mendoza has shown that he can be the perfect compliment to Tey Teodoro all season long, but his biggest test will be in its next two games as JRU seeks to formalize its entry to the postseason.Photo by Tristan Tamayo/ INQUIRER.net(3) Andoy Estrella – G, Mapua Cardinals22 points (2-4 3PT), 4 rebounds, 4 assists, 1 steal But as for this past three game days, here are the week’s best performers.Photo by Tristan Tamayo/ INQUIRER.net(1) CJ Perez – F, Lyceum Pirates24 points, 3 rebounds, 3 assists, 3 stealsLast Week: 1CJ Perez continues to prove that he is one of the best, if not the best collegiate player in the country today.ADVERTISEMENT Photo by Tristan Tamayo/ INQUIRER.net(5) Kent Salado – G, Arellano Chiefs16 points, 11 assists, 1 rebound, 1 steal, 1 blockLast Week: N/AKent Salado just brought Arellano out of the depths of elimination, doing it all in the team’s 95-65 beatdown of College of St. Benilde.Fighting for survival, the speedy playmaker’s double-double night against the Blazers kept the Chiefs’ flailing hopes alive as they seek to make a late rally to the Final Four.But the job won’t be easy, as Arellano will have no other choice but to win its next games, starting on Tuesday against San Sebastian.Photo by Tristan Tamayo/ INQUIRER.net(6) Michael Calisaan – F, San Sebastian Golden Stags15 points, 13 rebounds, 1 blockLast Week: N/AAnother solid showing went down the drain for Michael Calisaan as San Sebastian suffered another loss to drop to 7-8. 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How to help the Taal evacuees Nueva Ecija warehouse making fake cigarettes raided, 29 Chinese workers nabbed Last Week: N/AHope may be lost, but that won’t stop Andoy Estrella from giving Mapua its first winning streak of the season.The senior guard was clutch once again as he lifted the Cardinals to a gutsy 76-71 win over Perpetual on Thursday.Mapua may already be out of the running for the Final Four, but that doesn’t mean that Estrella couldn’t get the graceful exit he’s pining for.Photo by Tristan Tamayo/ INQUIRER.net(4) AC Soberano – G, San Beda Red Lions13 points (7-12 3PT), 2.5 reboundsLast Week: N/AAnother sharp-shooter enters this week’s list as AC Soberano unfurled a pair of standout outings in a 2-0 week for San Beda.Already considered as one of the deadliest snipers in the amateurs, the stocky guard showed how lethal he could be as he fired 5-of-7 threes to pour in 17 points in the Red Lions’ 88-51 rout of EAC.That’s exactly the performance coach Boyet Fernandez was looking for as San Beda gears towards its final elimination game against league-leader Lyceum. In ‘Jojo Rabbit,’ Comedy and Drama Collide OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson LATEST STORIES Jake says relationship with Shaina ‘goes beyond physical attraction’ It’s not for the lack of effort, though, as the Golden Stags lost a heartbreaking 60-58 thriller to JRU on Friday.With three games left in its schedule, San Sebastian should have the heightened sense of urgency in the coming weeks if they want to advance to the big dance.Photo by Tristan Tamayo/ INQUIRER.net(7) Rey Nambatac – G, Letran Knights12 points, 15 rebounds, 1 assist, 1 steal, 1 blockLast Week: N/AAlso on the losing end this week was Rey Nambatac.The senior guard tried his hardest to help Letran dent Lyceum’s armor, but in the end, the Pirates were just too much as the Knights fell, 81-69.Though defeated, Letran’s showing was respectable to say the least, with Nambatac being the engine that keeps the team going.But the 23-year-old vowed to not just churn out solid numbers, but also deliver victories, especially with games against San Beda and St. Benilde next in the Knights’ schedule. Ginebra ousts TNT, faces Meralco in PBA Finals rematch View commentslast_img read more

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Local companies losing Govt tenders to foreign entities

first_imgUnstable exchange ratesLocal companies participating in public tenders at home are at a disadvantage since they are mandated to price their products in Guyana dollars, whereas their overseas-based counterparts/competitions are allowed to bid in US dollars.With the Guyana dollar slipping rapidly, local companies/bidders are forced to make a decision between hedging upfront – which puts them at risk of overpricing their products and, therefore, losing the tender – and adopting the current rate, which carries the risk of future exchange losses as they scramble to fulfil contractual obligations. Either way, local companies are at a big disadvantage.A local businessman explained that the information on the bid datasheet must be submitted in Guyana dollars for local companies.“I would say that puts us at a disadvantage if you have a fluctuation of the currency,” he explained.In this regard, the entrepreneur said businesses could risk losing tenders.He said in situations where there was uncertainty in the foreign exchange market, the bids should be allowed to be submitted in US dollars.Two other businessmen also spoke with this publication and shared similar views, saying that the Government of Guyana, in light of the circumstances, should either mandate all companies to bid in US dollars or use a predetermined exchange rate for the bid along with a proviso for a plus or minus adjustment in pricing within the time-frame of the expected contract.Observers have outlined that the decline in export revenue from key sectors was likely to persist in 2017 and beyond owing to the decreased investment in the key export sectors, given the unfavourable business climate and onerous taxes that increase the operating cost of export businesses.Available forecasts suggest that imports will increase further over the next five years by an annual average of 6.8 per cent. It, therefore, means the demand for foreign currency will increase in the near future.But given the contraction in supply of foreign currency and demand pressures, the market participants anticipate continued shortage of foreign currency.As a result of the low supply versus high demand, the value of the local dollar has declined.If this situation persists, as many economists have forecasted, the value of the Guyana dollar will continue to plummet. In the end, the lower value of the Guyana dollar will result in higher prices for the consumer goods which are overwhelmingly imported. The inflationary pressures will place further pressure on the average Guyanese who is already bombarded by job layoffs, consequent to the economic slowdown in all sectors of the real economy save gold mining.Exchange ratesIn fact, Opposition parliamentarian and former Junior Finance Minister Juan Edghill has posited that Government’s current intervention on the issue of exchange rates was contributing to the problem.“Now if the Central Bank continues to take money from our foreign reserve and dump it in the market to control pricing, sooner or later, we would have bigger problems because we will have a reduced foreign reserve and if you are not earning, how long will they be able to continue to do that,” Edghill pointed out to reporters at a press conference on Wednesday.He went on to outline that this was not a sustainable move, adding that at this time what was required was the stimulation of exports and incentivising of the business sector in such a way that the economy could boom and money would circulate.“Money is currency and anytime it’s not moving and you’re hoarding it, you will have exactly what we have here – you can’t blame people for holding onto their money, because they’re prospecting and they’re looking to see what is going to happen because of the uncertainties.“So, what is required is not the bullying that is taking place by the Administration, but we need to see fiscal policies that eliminate the uncertainties that exist, we stimulate exports and we allow people to be able to trade. If the money is being devalued, we have to admit it,” Edghill asserted.The former Junior Finance Minister added that the situation the country found itself in today was being fuelled by uncertainty because of the “ineptitude, mismanagement and the lack of vision and direction” of the coalition Administration. He noted that it was a worrying situation and one that needed to be fixed.last_img read more

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