Latest news with #PBA
New Straits Times
a day ago
- Business
- New Straits Times
Business awards' roadshow in Klang draws over 100 participants
KUALA LUMPUR: The 2025 Platinum Business Awards (PBA) National Roadshow has drawn more than 100 participants in Klang, representing the local manufacturing, services and retail industries. The roadshow seeks to motivate businesses to take part in the esteemed awards programme, encouraging them to overcome self-imposed boundaries and strive for national-level recognition. SME Association of Malaysia national president Dr Chin Chee Seong said it remains dedicated to supporting the long-term growth of small and medium enterprises (SMEs). This is by enhancing their competitiveness in an ever-evolving market landscape and steering them towards more structured, forward-looking business models. "We have established a strong presence across the country through our branch and member networks, which extend beyond state lines to regional levels. "This allows us to connect deeply with local businesses and truly understand their real needs," he said in his speech. SME Association of Klang president Alan Tan Fuu Soon said the city has a deep historical heritage and has been home to many capable and forward-thinking entrepreneurs. "True business strength doesn't lie in size, but in remaining steadfast during challenges and staying true to one's values. Klang entrepreneurs are shining examples of steady progress and continual breakthroughs," he said. Alan added that PBA seeks to recognise businesses that are steadfast, adaptable and dedicated to contributing to society.
GMA Network
4 days ago
- Business
- GMA Network
Terrafirma stays as talks of franchise sale with Valientes bogged down, says PBA
The Terrafirma Dyip will continue to play in the PBA after talks regarding the sale of its franchise to Zamboanga Valientes bogged down. League commissioner Willie Marcial and corporate secretary Ogie Narvasa announced the development on Friday. "Regarding doon sa Terrafirma-Valientes negotiation, nag-bog down. Hindi nag-materialize ang deal nung dalawa," Marcial said. "Ang Terrafirma ay patuloy pa ring sasali sa atin. Twelve teams pa rin tayo sa 50th [season]." TERRAFIRMA STAYS IN THE PBA PBA Commissioner Willie Marcial and Corporate Secretary Ogie Narvasa said the talks between Terrafirma and Zamboanga Valientes bogged down and the Dyip will remain for the 50th season. @gmasportsph — JK Carandang (@jk_carandang) July 18, 2025 Last April, Valientes said a deal regarding the Terrafirma franchise acquisition was about to happen. Months after, however, the agreement did not push through. "Lumabas there were terms and requirements for both teams, hindi nag-meet," Narvasa said. "It's a mutual decision not to pursue the sale of the purchase." The league said Terrafirma is now planning on retooling their lineup for the upcoming season. "Nu'ng meeting, sinabi ni [Terrafirma] Governor Bobby [Rosales] na they have plans already. They have plans to beef up their lineup," Narvasa said. The league added that Terrafirma, at the moment, is not for sale and no other franchises are looking for prospective buyers. "May mga nagbigay sa akin ng intention na gusto sumali na international teams. Tingnan natin, pero nagbigay na ng letter of intent. Kung magkakasundo naman tayo, kung magkakasundo kami, baka sakali may guest team." Valientes previously said owning a PBA team was part of their goal to showcase Zamboangueño talent. The last time the PBA welcomed another company in the league was in 2022 when it took over the Alaska franchise. —JKC, GMA Integrated News
GMA Network
15-07-2025
- Sport
- GMA Network
PBA: Youthful Rain or Shine reloads with addition of veteran Stanley Pringle
Rain or Shine has injected a veteran guard into its youthful core, signing Stanley Pringle as the Elasto Painters look to break their title slump come next PBA Season 50. Rain or Shine announced Pringle's arrival on Tuesday with the former top overall pick and four-time PBA champion inking a two-year deal with the franchise. The 38-year-old guard previously suited up for Terrafirma following a five-year stint with Barangay Ginebra. Pringle now joins a youth-laden Rain or Shine bannered by Adrian Nocum, Gian Mamuyac, Anton Asistio, Andrei Caracut, Keith Datu, and Santi Santillan, who all played crucial roles in Rain or Shine's fourth semifinals appearance in a row. Rain or Shine's most recent semis stint saw them falling to perennial tormentor TNT during their Season 49 Philippine Cup playoffs duel, where the Elasto Painters bowed out of contention following a Game 6 loss. —JMB, GMA Integrated News
Business Recorder
15-07-2025
- Business
- Business Recorder
SME, agri financing: Aurangzeb lauds SBP and banks for stellar growth
KARACHI: The Finance Minister Muhammad Aurangzeb on Monday appreciated the State Bank of Pakistan (SBP) and banks for achieving stellar growth of 41 percent in SME finance and appreciable growth of 15 percent in agri financing during FY25. He was addressing a meeting of banks' CEOs/Presidents at SBP head office Karachi. The meeting was co-chaired by the Governor SBP Jameel Ahmad and also attended by Chairman Pakistan Banks Association Zafar Masood, senior officials of Ministry of Finance and the SBP. According to an statement issued by the Khurram Schehzad Advisor to finance minister, during the meeting Minister also emphasized that the macroeconomic stability has been achieved through difficult and unpopular decisions and collaborative efforts of all stakeholders including SBP and banks. Embrace SME financing as core business, SBP asks banks He added that the Government is pursuing sustainable and inclusive economic growth for which the role of SMEs and agriculture sectors is pivotal. He emphasized that the banks should work with the same sprit to enhance priority sector financing with a particular focus on increasing outreach to the small and marginalized segments and underserved areas in digital settings. Governor Jameel Ahmad in his welcome address expressed gratitude to the finance minister for taking various initiative for promotion of priority sector financing including introduction of risk coverage schemes for SMEs and Agri finance. While expressing satisfaction over the growth in SME and Agri finance during FY25, he emphasized banks to aggressively expand their exposures in the priority sector given the incentive structure put in place by government. Deputy Governor SBP Saleemullah made a detailed presentation on the progress made by banks in agriculture and SME financing and digitization. During FY25, agriculture credit disbursement reached to Rs2,535 billion which is 14 percent higher than FY24. Moreover, the outstanding credit portfolio increased by 12 percent to Rs981 billion with number of borrowers increasing by 9 percent to 2.95 million at the end of FY25. Likewise, outstanding SME financing has reached to Rs 692 billion with around 272,600 borrowers at the end of FY25 witnessing unprecedented growth of 41% in financing and 55 percent in number of borrowers. The chairman PBA appreciated the SBP and Ministry of Finance for the continuous support to the banking industry in promoting agriculture and SME financing and the development of digitization ecosystem. On behalf of the banking industry, the chairman PBA pledged to expand priority sector financing at an accelerated pace during FY26 as well. Copyright Business Recorder, 2025
GMA Network
11-07-2025
- Sport
- GMA Network
CJ Perez dedicates PBA Philippine Cup Finals stint to young dreamers
San Miguel's PBA Season 49 Philippine Cup finals run means more than basketball for CJ Perez. The flashy guard said he's dedicating his and his Beermen's return to the championship round to young basketball aspirants especially those who struggle to chase opportunities in Manila because of a lack of resources, like he once did. "Dine-dedicate ko 'tong finals na 'to para sa mga batang nangangarap kagaya ko, 'yung mga galing probinsya na mga takot pumunta dito sa Maynila kasi natatakot silang walang matirhan or hindi sila makuha," Perez said during the finals press conference on Friday. "'Yun 'yung isang inspiration ko na may mga players from other provinces na walang budget pumunta dito, hindi nila alam kung paano sila maguumpisa, 'yun 'yung isang inspiration ko." "I dedicate these finals to the kids who dream like me, those from the provinces that are scared to come here to Manila because they are scared that they won't have a place to live or that they wouldn't earn a spot... That's one of my inspirations, the players from other provinces who don't have the budget to come here, they don't know where to even start, that's one of my inspirations.] Perez is marching on to his fourth PBA finals and chasing a potential third title with the franchise. The former NCAA MVP first tasted a finals appearance back in the 2022 Philippine Cup, when the Beermen went all the way winning the title against, incidentally, TNT. In Season 48, they made the finals twice but had contrasting results after ruling the Commissioner's Cup against Magnolia and bowing to Meralco in the Philippine Cup finals that allowed the Bolts to capture their breakthrough crown in history. It was a tough ride for San Miguel in the ongoing Season 49 as they failed to make the Governors' Cup finals before missing the playoffs for the first time in 10 years in the Commissioner's Cup. But behind Perez and other core members of the Beermen, San Miguel is now back in familiar territory as they take on the Tropang 5G in the Philippine Cup finals. And just being on this big stage is already an honor for Perez, as he hopes to inspire the younger generation in their pursuit of a basketball dream. "Being in the finals and playing basketball, 'yung nilalaro mo 'yung mahal mo, it's an honor," the 31-year-old Perez said. [Being in the finals and playing basketball, playing the game you love, it's an honor.] —JMB, GMA Integrated News
