BusinessMirror August 03, 2021

Page 1

By Jun Lomibao

vault—a López (roundoff, back handspring with half turn entry and front layout somersault with half twist), but was near flawless in the second with a final-best 14.866—a Dragulescu (a handspring double front with half turn)—for a total 14.716 performance. South Korea’s Shin Jeahwan lived up to his billing and won the gold medal with 14.783, with Russian Olympic Committee’s Denis Ablizian settling for the silver also with 14.783 but with an inferior score in his second vault. Armenia’s Artur Davtyan snatched the bronze medal with 14.733. “I was that close,” said Yulo, the

Sports Editor

T

OKYO—Carlos Yulo came so close to clinching a medal in his Olympic debut, finishing fourth in the men’s pole vault final of gymnastics at an almost empty Ariake Gymnastics Centre. The culprit was a misstep in his landing in his first vault. “I went outside in my landing in my first vault,” said the 21-year-old Yulo, the youngest among the eight finalists. “Had I not done that, it would have helped me land a medal because I did better in my second vault.” Yulo earned 14.566 in his first

PETECIO

2019 men’s floor exercise world champion. “It’s really disappointing.” On Tuesday, all eyes will be on Nesthy Petecio as she steps atop the ring for the biggest fight of her life. Petecio shoots for the country’s second medal after weightlifter Hidilyn Diaz when she battles Japanese Sena Irie in the women’s featherweight final at the Kokugikan Arena. The fight is set at 12:05 p.m. (Manila time). Also on Tuesday, Carlo Paalam eyes a slot in the men’s flyweight medal round when he battles Olympic and world champion Shakhobidin Zoirov of Uzbekistan at 12:15 p.m. (Manila time).

TOKYO OLYMPICS MEDAL COUNT RANK

TEAM/NOC

1

People’s Republic of China

28

17

16

61

2

United States of America

21

24

16

61

GOLD SILVER BRONZE TOTAL

3

Japan

17

6

10

33

4

Australia

14

4

14

32

5

ROC

12

21

17

50

6

Great Britain

11

10

12

33

7

France

6

10

7

23

8

Republic of Korea

6

4

9

19

9

Italy

4

9

15

28

10

Netherlands

4

7

6

17

11

Germany

4

5

11

20

12

New Zealand

4

3

4

11

13

Czech Republic

4

3

1

8

14

Canada

3

4

7

14

15

Switzerland

3

4

5

12

16

Croatia

3

2

2

7

50

PHILIPPINES

1

0

0

1

SOURCE: OLYMPICS.COM | AS OF AUGUST 2, 2021 | 8:15 P.M

Yulo misses bronze, out Petecio targets PHL’foe s 2nd gold Marcial knocks Armenian

COVID IMPACT HAUNTS PHL FACTORY GROWTH T

w

By Bianca Cuaresma

n

Tuesday, August 3, 2021 Vol. 16 No. 293

P25.00 nationwide | 2 sections 22 pages |

@BcuaresmaBM

HE Philippine manufacturing sector continued to expand in July, albeit at a slighter pace, as lingering effects of lockdowns continue to affect the industry. In its latest report on Philippines Purchasing Managers Index (PMI), global think tank IHS Markit said the

country posted a PMI of 50.4 in July, down from the 50.8 reading in June. Continued on A2

BOC BEATS 7-MO GOAL WITH P359.93-B TAKE By Bernadette D. Nicolas

@BNicolasBM

T

HE Bureau of Customs (BOC) collected P359.93 billion from January to July this year, breaching its target collection for the said period. The bureau exceeded its P345.584-billion goal for the seven-month period by 4.2 percent. The revenue collection from

January to July this year was also 18.83 percent above its actual collection of P302.91 billion in the same period in 2020. “Indeed, the bureau continues to prove the intensified collective efforts of all ports this year, not to mention, the improvement of the volume of importation while maintaining border security and trade facilitation,” the BOC said in a statement on Monday. See “BOC,” A2

Hundreds of people—mostly seafarers and cruise-ship workers and some arriving as early as 2 a.m.—wait in line to get vaccinated against Covid-19 at The Tent at Vista Global South. The events venue, converted into a vaccination site, is the biggest of Las Piñas City’s 15 vaccination sites. Amid the rising number of Delta variant cases in the country, the House Committee on Health will begin hearing a bill seeking to impose mandatory vaccination against the virus, but government has been advised to first make sure it is vaccinating as many people as possible. The country recorded over 8,000 Covid-19 cases for three straight days from Friday to Sunday. NONIE REYES

DOLE eyes ₧4-B funds to aid workers in ECQ By Samuel P. Medenilla @sam_medenilla

T

170 YEARS Manila Archbishop Jose Advincula is joined by BPI President and CEO TG Limcaoco in a special Holy Mass to celebrate BPI’s 170th anniversary on Monday. The service was held at the RCAM Chapel at Archdiocesan Chancery Arzobispado de Manila Building, and streamed live to BPI employees and stakeholders in compliance with community quarantine guidelines. Story on A2.

PESO EXCHANGE RATES n US 50.2230

HE Department of Labor and Employment (DOLE) is eyeing to tap its funds of around P4 billion for its emergency employment program to provide much-needed cash aid for people to be affected by the two-week enhanced community quarantine (ECQ) in Metro Manila. It issued the statement as the national government aims to finalize the guidelines for its cashaid program on Tuesday amid appeals from labor groups to release the assistance before the end of the week. In an online press briefing on

Monday, Labor Undersecretary Dominique R. Tutay disclosed they may have to use their remaining Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) to provide the financial aid. She said the budget would have been used to provide emergency employment to marginalized workers, including those displaced by natural calamities, until the end of the year. “ Technically, if there was no ECQ we would have allocated it for that. But if we will be allowed, we can reallocate if for the purpose [of cash aid],” Tutay said. Continued on A2

n JAPAN 0.4581 n UK 69.7999 n HK 6.4618 n CHINA 7.7721 n SINGAPORE 37.1060 n AUSTRALIA 36.8536 n EU 59.6097 n SAUDI ARABIA 13.3917

Source: BSP (August 2, 2021)


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.