Essayer OR - Gratuit

GS Kuminga stalemate

Business World Philippines

|

September 17, 2025

Jonathan Kuminga is chasing the right to steer his own future. The Warriors have placed increasingly generous offers on the table, and his continued holdout underscores just how much he wants the next chapter of his career to unfold on his terms. From his vantage point, control is the only currency with value.

- ANTHONY L. CUAYCONG

Jonathan Kuminga is chasing the right to steer his own future.

The outlines of the dispute are clear enough. The Warriors first dangled a two-year package worth $45 million, with a team option that would enable them to pivot should they so desire. The latter appears to be nonnegotiable; the same option remained when they later sweetened the pot to three years at $75.2 million. Kuminga and his camp have balked at both, clearly angling to pair higher pay with structural changes to the deal: a player option and the preservation of his no-trade clause, even if attached to a shorter duration. His stubbornness does not come without risk, but it bears noting that each time he has gone to the negotiating table, the balance of power has tilted in his favor.

PLUS D'HISTOIRES DE Business World Philippines

Business World Philippines

Business World Philippines

Flashback

Nostalgia is in the air during and after the holiday season.

time to read

4 mins

January 16, 2026

Business World Philippines

Peso slips to fresh record low on rate cut bets

THE Philippine peso weakened to a new record low against the dollar on Thursday as markets priced in the possibility that the Bangko Sentral ng Pilipinas (BSP) could cut interest rates ahead of the US Federal Reserve.

time to read

2 mins

January 16, 2026

Business World Philippines

China, Canada move to reset ties as Carney visits

China is willing to deepen cooperation with Canada while eliminating \"interference,\" Foreign Minister Wang Yi told his Canadian counterpart at a meeting in Beijing on Thursday.

time to read

1 mins

January 16, 2026

Business World Philippines

Gov't partnerships with private sector seen to boost transparency in public works projects

TAPPING PRIVATE and development partners for state infrastructure projects may help improve efficiency and transparency as the Philippine government continues to deal with the economic fallout from a corruption scandal linked to public works.

time to read

5 mins

January 16, 2026

Business World Philippines

Remittances dip to 6-month low in Nov.

MONEY SENT HOME by overseas Filipino workers (OFW) fell to its lowest level in six months in November, the Bangko Sentral ng Pilipinas (BSP) reported.

time to read

2 mins

January 16, 2026

Business World Philippines

PERA could boost returns for state pension funds

STATE PENSION FUNDS in the Philippines could unlock higher returns while reducing market risks by linking stock investment loan programs to the personal equity and retirement account (PERA) framework, analysts said.

time to read

1 min

January 16, 2026

Business World Philippines

Philippines risks slowdown this year as election spending effect wanes

THE PHILIPPINES risks losing economic momentum in 2026 unless reforms are carried out to extend the lift from election-related spending last year, according to a state think tank.

time to read

4 mins

January 16, 2026

Business World Philippines

It’s the corruption, sir

The October year-on-year plunge in FDI is not a statistical accident. It is a verdict.

time to read

5 mins

January 16, 2026

Business World Philippines

Job shortage tops worries of Philippine business leaders – WEF

A SHORTAGE of jobs is emerging as the biggest worry for Philippine business leaders, according to the World Economic Forum (WEF), a sign that economic growth risks falling short of what's needed to absorb workers over the next two years.

time to read

2 mins

January 16, 2026

Business World Philippines

PHL seen indirectly affected by Trump's 25% tariff on some chips

US PRESIDENT Donald J. Trump's 25% tariff on certain semiconductors, particularly on advanced computing chips, is likely to affect Philippine manufacturers only indirectly, an analyst said.

time to read

2 mins

January 16, 2026

Listen

Translate

Share

-
+

Change font size