BusinessMirror January 29, 2016

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THE ELEMENT OF SURPRISE

Motoring BusinessMirror

Editor: Tet Andolong

Friday, January 29, 2016

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2015 MITSUBISHI ASX GSR

THE ELEMENT OF SURPRISE S    R S. P

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ANY cars’ abbreviated names, when translated, determine its function or build. Just like the Mitsubishi ASX, its name means “Active Sports Crossover,” which clearly represents the manufacturer’s entry to the popular segment. Originally, its predecessors were classified as small multipurpose vehicles identified as “RVR,” sold only in Japan and Canada. The birth of the ASX in 2010—Outlander Sport in the United States and Indonesia— paved the way for a new class for the European, Latin America, Australia and several Asian countries including the Philippines.

CRITICAL TO SAFETY The integrated tire pressure monitoring system, or TPMS, that exhibits precise tire pressure figures. Now it is easy to determine when it is time to tap up your rubbers.

DNA OF A HIGH-PERFORMANCE CAR 2.0-liter 4B11 engine series is the same substance that propels the high-performing Lancer Evolution X— with forced induction system, reinforced internal components and tuning.

A-Spec tires complement the athletic stance. The cockpit layout is ergonomic and straightforward, allowing any driver to easily find major controls. Enhanced and telescopic steering wheel now has both the audio and cruise control functions aside from the paddle shifters. In between the well-illuminated analog gauges is the information screen that displays vital statistics and notifications. Right in the center panel is not your typical two-din touch-operated head unit. Aside from the Bluetooth connectivity and reverse view, it is equipped with a real-time and accurate GPS navigation system that not only shows where your current location, but more important, emits voice prompts on any road warnings ahead. Interestingly, the same unit is where you can access the integrated tire pressure monitoring system, or TPMS, that exhibited

precise figures. Now it is easy to determine when it is time to tap up your rubbers. The GSR variant’s leather-wrapped seats and expansive legroom are not the only things that bring cabin comfort but, also, there is a new and cozy panoramic glass roof with soothing ambient LED glows. Although it is fixed, the ceiling cover layer is motorized and easy to operate for the passengers to enjoy the view of clear skies while moving. Wait until you get to drive this stunning crossover and you will find yourself amazed with the dynamics. For a naturally aspirated powertrain, the low-end torque was more than just sufficient delivering swift speed increments. What made it superb and fascinating at the same time is the coupled INVECS-III CVT, six-speed automatic gearbox with sports mode. Remarkably, gear shifting

was virtually unnoticeable during operation and it was well in sync with the rpm range. On the other hand, reaching the midrange is where the fun starts, as the motor began to produce significant force. With the available manual method, optimum power band can be achieved and high speed can be grasped in no time. After all, that 2.0-liter 4B11 engine series is the same substance that propels the high performing Lancer Evolution X - with forced induction system, reinforced internal components and tuning so, there is no question as to where the ASX’s delivery is coming from. The handling was also equally impressive with very minimum twist on bended roads and together with the responsive electronic-type with antiback lash system steering that directs exactly where you turn, this scribe was completely in control of the vehicle. Not to mention the smooth ride on levelled roads with least tire rebounds created on rough pavements. As for safety features, the front air bags are actually dual staged along with other elements, such as head protection interior and child tether anchor, among others. Stopping power also demonstrated reliable might in deceleration, thanks to the antilock braking system that is supplemented with electronic brake distribution, brake assist system, and brake override system. The 2015 Mitsubishi ASX GSR is a versatile form of transport for both city and out of town trips. It takes one serious driver to understand the essentials that goes with it, making this compact crossover defi nitely a strong contender in the segment.

SPECIFICATIONS ■

Vehicle 2015 Mitsubishi ASX GSR

■ Type Compact Crossover ■ Engine 2.0-Liter 4-In Line 16-Valve DOHC

MIVEC Gasoline fed (4B11) ■ Maximum power 148 Hp at

6,000 rpm

■ Maximum torque 197 N-m at 4,200 rpm ■ Transmission INVECS-III CVT automatic

with Six-Speed Sports Mode

DIMENSIONS ■ ■ ■ ■ ■ ■ ■

Overall length 4,295 mm Overall Width 1,770 mm Overall Height 1,625 mm Wheelbase 2,670 mm Curb weight 1,350 kg Tire size 215 / 60 R17 Price as tested P1.248 million

MOTORING THUMBS UP

■ ■ ■ ■ ■

Responsive 4B11 naturally aspirated motor Engine low-end torque delivery INVECS III CVT transmission seamless gear shifting Panoramic roof glass with ambient LED lights Wide range emitting HID headlamps

THUMBS DOWN

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Manually adjusted front seats Limited vision via rearview mirror

SERENA GOES FOR RECORD

Sports

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USA Today

Clinic Square in Minneapolis, Advocate Center in Chicago and BioSteel Centre outside of Toronto. The Timberwolves, who have a Mayo Clinic sports medicine center on site, invested in a facility that would help players and help ensure the future of NBA basketball in Minnesota as owner Glen Taylor develops his succession plan, the organization’s chief strategy and development officer Ted Johnson said. “We’re in a business where the difference between good and great can be fractions of a second, millimeters on your vertical,” Johnson said. “When you translate that into the business of our players, those differences between good and great translate into millions of dollars. We felt it was important that we demonstrate our commitment to our players. “If they play for the Minnesota Timberwolves, they will have a home that is second to none, and in that facility, we will be able to develop you to your absolute best potential and give you the greatest opportunity possible to be the best you can be.” These facilities are replacing outdated ones that lack modern necessities and amenities. The Wizards’ practice court inside the Verizon Center has just one court. Basketball staffers’ offices are spread throughout the arena. It’s not designed for optimal performance for athletes or front-office employees. When Wizards President Ernie Grunfeld toured the Bulls’ practice center, he left impressed and wanted to replicate a lot of the Bulls had. Many of these facilities were built with a specific, aesthetic design—open spaces and fewer walls for transparency while fostering a collaborative effort among employees, an entrance that directs players by the offices of the general manager and head coach and by the kitchen and training/health rooms and plenty of glass for natural light and views. The flow of the building—the way players enter and exit—was important. If you need to talk to the coach or GM or a teammate or get food, treatment, exercise, workouts on the floor, you have to pass all those areas at least twice. Hinkie said he often had breakfast with Shane Battier when they were with Houston. It’s supposed to be a welcoming and inviting space 24/7/365.

But local economists said Filipinos hardly benefited from this high economic growth being touted by the Aquino administration. Outgoing Economic Planning Secretary Arsenio M. Balisacan said the 6.2-percent average growth in six years was “remarkable” as this was supported by concrete investments that created jobs.

6.2%

Average GDP growth during President Aquino’s term

THIS January 28 photo shows National Statistician Lisa Grace S. Bersales (from left), Outgoing Economic Planning Secretary Arsenio M. Balisacan and National Economic and Development Authority Deputy Director General Emmanuel F. Esguerra during a news briefing on the performance of the Philippine economy in the fourth quarter of 2015. Balisacan said during the briefing in Quezon City that the economy grew at its fastest in the last three months of last year. NONOY LACZA

| FRIDAY, JANUARY 29, 2016 mirror_sports@yahoo.com.ph sports@businessmirror.com.ph Editor: Jun Lomibao Asst. Editor: Joel Orellana

If Serena Williams wins Saturday’s final against No. 7-seeded Angelique Kerber, she’ll equal Steffi Graf’s record of 22 Grand Slam singles title, a record in the Open era, and the second-most in history behind Margaret Court’s 24.

SERENA WILLIAMS is the overwhelming favorite—against No. 7-seeded Angelique Kerber (above)—and not just based on recent form. AP

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The Associated Press

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ELBOURNE, Australia—Serena Williams is one win away from another Grand Slam milestone after beating Agnieszka Radwanska, 6-0, 6-4, in an Australian Open semifinal that was almost a noncontest between the players who’ll be Nos. 1 and 3 in the next women’s rankings. If Williams wins Saturday’s final against No. 7-seeded Angelique Kerber, she’ll equal Steffi Graf’s record of 22 Grand Slam singles title, a record in the Open era, and the second-most in history behind Margaret Court’s 24. Williams is the overwhelming favorite, and not just based on recent form. She continued her perfect streak in Australian Open semifinals, and she has won all six finals she’s contested at Melbourne Park. “I definitely block it out,” Williams replied to a question about equaling Graf’s mark. “I was one off last year, too! “If I don’t win on Saturday, I’ll still be one off.” Despite all her success, it is a loss that is inspiring Williams in this tournament. She was two matches away from a calendar-year Grand Slam in 2015 when she lost to Roberta Vinci in the US Open semifinals. “Physically I’m feeling a lot better, mentally I needed that break after the Open,” she

said, but “I didn’t think I would do this well this fast. I’m really excited to be in the final— it just kind of blows my mind right now.” Kerber ended Sydney-born British player Johanna Konta’s surprising run with a 7-5, 6-2 semifinal win to reach her first Grand Slam final. Konta was the first British woman since 1983 to reach a major semifinal. Kerber has one win in six matches against Williams—in 2012. Graf was the last German player to win the women’s title in Australia, in 1994, and Kerber is asking for some advice. “So Steffi, write me please,” she said, laughing with the crowd on Rod Laver Arena. Williams’s win over fourth-seeded Radwanska provided another yet reminder of her dominance in the women’s game. She has won 39 of her last 40 Grand Slam matches across six major tournaments. Williams hasn’t played a left-hander so far this tournament and said that, combined with Kerber’s win over two-time champion Victoria Azarenka in the quarterfinals, were making her wary. “She took out a really tough opponent in Victoria. You can’t underestimate Kerber,” Williams said. “She’s beaten me before, too, and pretty good. I know that she brings a lot to the game.” The first set of the semifinals was over in 20 minutes, with Williams hitting 18 winners and Radwanska, in her fifth major semifinal, registering one—in the fourth game. The second set was closer, with Radwanska holding serve three times and breaking Serena’s powerful serve once. But the 34-year-old Williams lifted again to finish it off, winning the last eight points and closing with three aces and a big forehand winner. Williams remains unbeaten in nine matches against Radwanska, whom she beat in the 2012 Wimbledon final. “She goes on court and she just wants to kill it. Going like full power for everything,” Radwanska said. “So I don’t think anyone can really play on that kind of level at all. She started unbelievable, with such a power and speed. I was just standing there kind of watching her playing.” With the roof on Rod Laver Arena closed because of a thunderstorm closing in, the most obvious noise in the first set was the chirping of trapped birds who’d taken shelter in the stadium. The chirping intensified as Williams served in the sixth game of the second set, and she looked up angrily after her off-balance forehand from the baseline conceding her only service break of the match. Williams finished with eight aces—all in the second set—and has lost only 26 games in six rounds in a dominating run that included a 6-4, 6-1 win over No. 5 Maria Sharapova in the quarterfinals, a rematch of the 2015 final.

SPORTS

Proposed pay hike for state workers gasping for air with 3 sessions to go

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SERENA GOES FOR RECORD AMDEN, New Jersey—On a construction site across the Delaware River from Philadelphia, 76ers General Manager Sam Hinkie stood in the middle of an unfinished building. It’s the location of the 76ers new $80-million, 120,000-square-feet practice facility and business offices. No courts yet. No locker rooms. Just an empty two-floor structure with beams and stairs that is scheduled to be completed before training camp opens in the fall. Standing on what will be the location of a practice court, Hinkie envisions his ideal scenario. It’s September, players are in town ahead of training camp, working out. They are on the court, in the weight and conditioning room, in the hydrotherapy pools. Perhaps doing yoga or getting a massage. Hinkie wants an environment “in which everybody sees how hard everybody else is working,” he said. “The goal is to encourage you to work at your craft—three hours beats two hours and four hours beats three.” They are creating a place where 76ers players, coaches, front-office staff and other basketball staffers have access to the best in equipment, training, sports science, video and concierge services. “We want it to be the Four Seasons of practice facilities,” Hinkie said. He is not alone. The 76ers are one of several National Basketball Association (NBA) teams that have invested or will invest millions of dollars in practice facilities. In the next three years, at least one-third of NBA teams will have new state-ofthe-art practice buildings. n The Chicago Bulls opened their $25-million practice facility in September 2014, and it’s across the street from the United Center. n The Minnesota Timberwolves opened their $25-million downtown Minneapolis building last June. The Toronto Raptors ($20 million-plus) and Brooklyn Nets ($50 million) will open theirs in February. n The Los Angeles Lakers and Indiana Pacers expect to finish new practice facilities in 2017, and the Washington Wizards’ is scheduled for completion in 2018. n The Milwaukee Bucks, Sacramento Kings and Golden State Warriors will have new practice digs when they move into new arenas. n The New Orleans Pelicans opened a new facility in 2013. n The Atlanta Hawks want to break ground on a new practice facility this year. n The Portland Trail Blazers and Detroit Pistons have made recent renovations. To help offset the cost and enhance relationships, teams seek naming rights deals. It’s the Hospital For Special Surgery Training Center in Brooklyn, The Courts at Mayo

B C U. O  C N. P

B J M N.  C

BusinessMirror

NBA TEAMS INVEST BIG ON PRACTICE FACILITIES

Growth during Aquino’s term fastest in 40 years–Balisacan

C  A

EQUALLY STUNNING REAR Roof mounted spoiler with LED lamp complements well with the curvatures and black trim underneath.

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H E c h a nce of t he pro posed Salary Standardization Law (SSL) of becoming a law is getting dimmer, with the provision on the indexation of pensions of retired uniformed personnel remaining as the lone stumbling block to its passage. Delegates of the Senate and House of Representatives to the bicameral conference committee have indicated that they will not yield their respective positions on the bill with only three session days left in the 16th Congress. Sen. Antonio F. Trillanes IV said

If we agree on it, we would have to cut the budget for social services, health care, infrastructure.”–Gonzales the Senate wants to include the pension of veterans and retired military and uniformed personnel in the coverage of the bill subject to availability of funds. But Majority Leader and Liberal Party Rep. Neptali M. Gonzales II of Mandaluyong said the House of Representatives will not change its position suspending the indexation of pensions of retired uniformed personnel.

The budget for the coverage of military and police retirees is not included in the P57.9-billion appropriation for the original SSL endorsed by the Department of Budget and Management under the General Appropriations Act (GAA) of 2016. “They are not members of the GSIS/SSS [Government Ser vice Insurance System/Social Security C  A

Private firms hope for bigger role in Vietnam economy

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P.  |     | 7 DAYS A WEEK

ATTRACTIVE AND SPORTY The separation of the black mesh-type bumper, integrated with chrome-accent grille from the superwiderange HID headlamps with silver extension, created a sharp-looking fascia along with the daytime running lights furnished fog lamps.

BEYOND COZYNESS With the new and cozy panoramic glass roof with soothing ambient LED glows, passengers will enjoy the view of clear skies while moving.

This writer was able to test the top-ofthe-line 2015 Mitsubishi ASX in radiant Sonic Blue color. What supposed to be just another compact crossover experience turned out to be a persuasive encounter. At a glance, the front mask resembles the sporty and aggressive look of the Lancer, which belongs to the same Mitsubishi GS Platform. The separation of the black mesh-type bumper-integrated with chrome-accent grille from the superwide-range HID headlamps with silver extension created a sharp-looking fascia along with the daytime running lights furnished fog lamps. Silhouettes on the hood match the ones on the flanks and accentuated further by the matte-finish plastic trims surrounding the lower panels. New designed two-toned 17-inch alloy wheels with 215 / 60 R17 96H Yokohama

Friday, January 29, 2016 Vol. 11 No. 113

N terms of economic performance, President Aquino did better than his five predecessors as average GDP growth between 2010 and 2015 posted a 40-year high of 6.2 percent, the National Economic and Development Authority (Neda) said on Thursday.

RYAN REYNOLDS

Henry Ford Awards Best Motoring Section 2007, 2008, 2009, 2010 2011 Hall of Fame

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INSIDE

LIFE

A broader look at today’s business

FTER a decade of uneven progress, foreign and local businesses hope the reshuffled leadership of Vietnam’s ruling Communist Party will double down on modernizing an economy dominated by state companies. Once a much-hyped rising star among developing Asian nations, foreign perceptions of Vietnam have

swung between fears it was on the verge of a financial collapse to seeing it as a rival to China as the world’s factory floor. Problems, such as episodes of high inflation, festering bad debts at state banks and riots in 2014 against Chinese-owned factories, have underlined the risks of doing business. At the same time, Vietnam’s young

PESO EXCHANGE RATES n US 47.8880

work force, high if volatile growth rates and low wages have attracted a steady stream of long-term foreign investment involving companies from Intel to Samsung. New free-trade agreements have also sent a positive signal to investors. A five-yearly party congress this week rearranged the deck of top leaders. Among the changes, Prime

Minister Nguyen Tan Dung, who has pushed economic liberalization, was unsuccessful in maneuvering to become party general secretary, which is defacto the No. 1 leadership position, and will leave the inner circle. The old guard incumbent, Nguyen Phu Trong, was reelected as general secretary.

FILINVEST BAGS MIMOSA DEVELOPMENT CONTRACT B VG C

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LARK Development Corp. (CDC) has awarded the contract for the development, operation and management of the vast Mimosa Leisure Estate in Clark, Pampanga, to the Gotianun-led Filinvest Developemnt Corp. (FDC). The company said on Thursday the agency gave the notice of award for the deal covering 201.64 hectares of land through a 50-year lease agreement on January 27. “We are very bullish about the Clark area and the prospects of Clark as an international airport hub, given the growth in this tourism corridor and the congestion experienced in Metro Manila airports,” FDC and Filinvest Land Inc. (FLI) President Josephine Gotianun Yap said. The company and its property-development unit will jointly develop the property. The Filinvest group was the lone bidder for the contract. On January 15 it submitted a bid of P800 million, the minimum acceptable bid. The Mimosa Estate is inside the Clark Freeport Zone, some 100 kilometers north of Metro Manila. Currently the property includes an operating hotel with 303 rooms and 34 villas under the Holiday Inn brand, as well as a 36-hole golf course. The estate will be developed through a joint venture, with the Gotianun group holding 95 percent, and CDC the remaining 5 percent. The 50-year lease is renewable for another 25 years. “The Filinvest group brings its expertise in large-scale real-estate development to the table,” it said. Its previous developments include the 244-hectare Filinvest City in Alabang, Muntinlupa, and the 70-hectare City di Mare at the South Road Properties in Cebu City, both joint ventures with the government. “Together, FDC and FLI bring more than five decades of experience to manage and develop the former Mimosa property,” Yap said. The company will soon begin mapping out its development plan for S “F,” A the estate.

S “V ,” A

n JAPAN 0.4038 n UK 68.1686 n HK 6.1447 n CHINA 7.2798 n SINGAPORE 33.4343 n AUSTRALIA 33.8144 n EU 52.1740 n SAUDI ARABIA 12.7701

Source: BSP (28 January 2016 )


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