The Current Expected Credit Loss standard – or “CECL” as it is more commonly called – will fundamentally change how U.S. financial institutions (FIs) account for credit losses. In the pre-CECL world, smaller financial institutions, including credit unions, used relatively simple approaches to provision for losses. They used actual losses experienced during recent months (typically the last 12) as an estimate of future losses. When it takes effect for these institutions in 2020, CECL will require FIs to calculate expected loss over the lifetime of a loan, requiring substantially more sophisticated analyses. Forecasting credit losses over the life of a loan requires more advance analytical approaches, powered by a much longer historical dataset to track loan performance, granular information about balances, payments, APR and origination vintages. Certain product lines, such as credit cards, will present greater challenges than other products when it comes to CECL calculation. That is because credit cards are fundamentally different from other loan products. They do not have a fixed term; they are revolving, balances fluctuate, and cardholders have options like making minimum, partial or full payments. Moreover, per CECL guidelines, in case of revolving lines, losses should only be considered from current drawn amount. This means that for any future default, FIs need to find a way to estimate the contribution of current snapshot balance in the final loss calculation. Due to the intricate nature of the credit card loans, issuers will need to apply extra care to CECL analysis.Below are the four major challenges and solutions for credit card portfolios under CECL: Life of loan estimationChallenge: For typical installment loan products, the life of a loan and the life of an account are the same. Because credit cards are revolving by nature, it is difficult to determine the estimated life of a particular loan.Suggested action: Retrieve historical data on balances and payments and analyze the balance pay down behavior for different kinds of accounts to determine the average life of credit card loans. In an ideal scenario, use granular information by balance segments (principal balance, interest & fees, promotions balance, etc.) to paint the true picture. Where data is incomplete or unavailable for portions of the portfolio, consider using third-party data for estimation. Balance pay down curve creationChallenge: To estimate the balance pay down curve for credit cards, FIs need to apply future payments on the current snapshot balance. For financial accounting of credit card payments and balances, FIs follow the CARD Act and allocate the received payments based on the APRs of the different balance components. For example, Purchase APR may be lower than Cash Advance APR; hence payments are first applied to the cash advance balance rather than the purchase balance. However, to simulate the true balance pay down curve at the time of the snapshot period, issuers will need granular and accurate forecasts for different balance segments, APRs and payments. Suggested action: Different options are available for amortizing snapshot balances and estimating the pay down curve. These include “First In, First Out” (FIFO), minimum payment, CARD Act simulation or a hybrid of these approaches. Choose the approach based on the data requirement, complexity and effort needed for execution.Portfolio segmentationChallenge: To provide the best view of member behavior, the FASB has prescribed grouping the accounts into homogenous segments for analysis. Credit unions need to consider multiple aspects – riskiness, payment pattern, type of balance – when segmenting portfolios.Suggested action: Segment the portfolio according to similar risk characteristics defined by risk score, delinquency buckets, transactor/revolver, etc. Monitor the performance (i.e. loss rate, average life of loan and shape of balance pay down curve) of the different segments over time. Each segment should have a statistically significant population for downstream analysis and reporting. Event definition for model developmentChallenge: Defining the dependent variable for model development purposes is particularly complex under CECL. Should the credit loss model treat an account that defaulted in the future, but fully paid off the current snapshot balance, as an event or a non-event? Suggested action: When using current models built using the traditional “bad” definition (i.e. any kind of default), make adjustments for accounts that defaulted after the snapshot balance is fully paid off. Otherwise, define events based on accounts that have non-zero balance remaining from the snapshot balance at the time of default.A successful CECL implementation for credit cards begins with the basics. The key is to meet the expectations of regulators and auditors in an efficient, sustainable and scalable manner. By using CECL as a catalyst to centralize and enhance processes, credit unions can improve long-term productivity, increase analytical capabilities and realize long-term value from their credit card portfolios. 39SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Manish Jain Manish Jain is a Vice President for EXL. He has worked in the field of data analytics since 2007, primarily for banking and financial firms in the marketing and risk … Web: https://www.exlservice.com Details
St Petersburg, May 16: The Russian Anti-Doping Agency (RUSADA) is currently in talks with the United States Anti-Doping Agency (USADA) on Russian experts’ participation in the collection of doping samples from American athletes.“We are now reaching an agreement with the American anti-doping agency on doping testing of US athletes. The USADA trust us,” RUSADA head Yury Ganus said in an interview with Tass news agency on Wednesday. “We (RUSADA) have been carrying out doping tests of Canadian ice hockey players and the international anti-doping society completely trusts us now,” he added.Ganus also said that over 90 percent of the personnel and one hundred percent of inspectors from the RUSADA were replaced in the course of a year and a half and the staff of the Russian Anti-Doping Agency currently works at the most important tournaments.The World Anti-Doping Agency (WADA) Independent Commission carried out an investigation in 2015 in regard to the activities of the RUSADA, the All-Russia Athletics Federation (ARAF), the Moscow anti-doping laboratory and the Russian Sports Ministry, and announced the results of its probe on November 9 that year.The commission accused certain athletes and sports officials of doping abuse and involvement in other activities related to violations of international regulations on performance enhancing substances. The work of the Moscow anti-doping laboratory and RUSADA was eventually suspended.Since January 2016, the doping control in Russian sports has been exercised by RUSADA strictly under the supervision of the British anti-doping agency (UKAD).In June 2017, the WADA granted the Russian Anti-Doping Agency the right to planning and collection of doping samples under the supervision of Britain’s UKAD. (IANS)
PITTSBURGH (AP)— The Pittsburgh Penguins will host Detroit, Columbus and Chicago as part of a six-game preseason schedule released on Wednesday. The Penguins will open the preseason at Columbus on Sept. 24 then host Detroit in the preseason home opener on Sept. 26. Pittsburgh will play Columbus at Consol on Sept. 29 then travel to Chicago on Sept. 30 and Detroit on Oct. 3. The Penguins wrap up the exhibition schedule at home against the Blackhawks on Oct. 5.The 2012-13 regular season schedule will be released sometime later this summer.
Athletes from all around the Boundary, West Kootenays and as far as Edmonton, AB participated in the 2011 Pharmasave Sprint Triathalon in Christina Lake last Sunday. The short circuit allowed for fast times in all the categories ranging from Kids sprint to adults in age categories and team relays. Along with the 134 athletes at the annual event, there were numerous fans cheering everyone on throughout the race along with the volunteers who assisted with race safety, time keeping, and the many other duties that come along with race day. In all, 40 youth and 94 adults took part in the challenge. The overall fastest times posted were: Denise Uhrynuk of Nelson, women (1:24:49); Seth Bitting of Rossland, in the men’s group (1:12:44); Splash, Flash and Dash team, Laureta Boychuk (Edmonton), Keith Robine (Rossland) and Jennifer Ellis (Rossland) in 1:29:08; Sage Robine of Rossland, female youth under 13 (0:40:05); Keiran Marchand of Nelson, male youth under 13 (0:30:41); and the Mid Forkians team of Ethen Argue (Grand Forks), Jackson Phipps (Midway), and Liam McKinley (Grand Forks) (0:30:39). The adult sprint triathalon distances are: 750 metre swim in Christina Lake, 20 kilometre (km) bike ride and a 5 km run. The kid sprint is a shorter race with a 100 metre swim, a six kilometre ride and 2 km run. Check out the photos below by clicking to enlarge and view For the full race results click here
The Selkirk College Saints are assured of at least a share of first place in the BC Intercollegiate Hockey League standings after routing Eastern Washington University 10-1 Saturday at the Castlegar Recreation Complex. The Saints scored early and often during a game where they out-shot their opponents by a margin of 55-13.”Our starts at home have been very good all season and tonight may have been the best yet,” said Saints head coach Jeff Dubois. “We set the tone with our speed and energy and took control of the game very early.” Darnell Dyck opened the scoring for Selkirk less than three minutes into the first period when he stole the puck from an EWU defender and beat Eagles starter Jason Greenwell with a quick wrist shot from the low slot. And the Saints piled on from there, as Thomas Hardy, Cody Fidgett and Dylan Smith all scored to build a 4-0 lead by intermission. Connor McLaughlin and Fidgett extended the Saints’ lead to six midway through the second before Tyler Mort put Eastern on the board off an odd-man rush. But Jackson Garrett replied minutes later to re-establish Selkirk’s six-goal lead. Hardy and Smith each notched their second goals of the night in the third period before Fidgett capped the scoring with his hat trick goal late in the contest. Greenwell made 17 first period saves before being relieved by Derek Moser, who allowed six goals on 36 shots over the remaining 40 minutes of action. James Prigione picked up his fourth win of the season in the Selkirk net with a 12-save effort.”All four lines were rolling and were rewarded with goals, and we got some good offensive contributions from our blueline as well,” said Dubois.”We weren’t pleased with our results in Victoria last weekend, but tonight was a very positive way to close out the first half of the season.” The Saints now take an extended exam and holiday break through December and will return to the ice the week of January 6.The team’s next game comes on Sunday, January 12th when North Dakota-based Williston State University visits Castlegar for an exhibition meeting. Selkirk’s regular season schedule resumes on Friday, January 17 with a visit to Thompson Rivers University. Selkirks improves to a 10-3-0 record, two points ahead of Thompson Rivers University and four points ahead of SFU.Simon Fraser, however, have a pair of games remaining against Eastern Washington on December 6th and 7th.SAINTS BANTER: Logan Proulx capped a tremendous fall semester with four assists against the Eagles and extended his season-long points streak to 13 games. The Selkirk captain currently leads all BCIHL skaters in assists with 20 and sits in a three-way tie for second place with 26 points. . . .The Saints also boast the league’s two top goals scorers in Cody Fidgett (18) and Connor McLaughlin (15).
30 July 2013 President Jacob Zuma has signed the Prevention and Combating of Trafficking in Persons Bill into law, giving South Africa, for the first time, a single statute that tackles human trafficking holistically and comprehensively. The new law provides for a maximum penalty of R100-million or life imprisonment or both in the case of a conviction. Spokesperson in the Presidency Mac Maharaj said on Monday that the legislative framework dealing with this issue had until now been fragmented. “For instance, the legislation dealing with sexual offences addresses the trafficking of persons for purposes of sexual exploitation only, while the Children’s Act addresses the trafficking of children specifically,” Maharaj said. Besides creating the main offence of trafficking in persons, the new legislation also creates offences such as debt bondage, possessing, destroying or tampering with travel documents, and using the services of victims of trafficking, all of which contribute to innocent persons becoming victims of this modern-day form of slavery. Maharaj warned that the penalties for these offences were appropriately severe, as a deterrent to would-be perpetrators. “The main offence of trafficking in persons, for instance, attracts a maximum penalty of R100-million or life imprisonment or both in the case of a conviction. Compensation is furthermore payable by the perpetrators to their victims.” In addition to creating very specific offences that have a bearing on trafficking in persons, Maharaj said the legislation also focused on the plight of the victims, providing them with protection and assistance to overcome their traumatic experiences. The new legislation gives effect to South Africa’s international obligations in terms of a United Nations Protocol. “While the legislation has been signed into law, its operationalization is dependent on regulations that are required to be made by a number of role-playing departments such as Home Affairs,” Maharaj noted. “This is receiving urgent attention, and the plan is to have the Act put into operation as soon as possible.” Source: SAnews.gov.za
Share Facebook Twitter Google + LinkedIn Pinterest The recent outbreak of avian influenza, a highly contagious viral disease that has infected about 48 million birds in the United States, resulted in a significant loss to the poultry industry. The initial response by the poultry industry to prevent widespread avian influenza was to more stringently enforce the USDA biosecurity measures defined by the USDA Animal and Plant Health Inspection Service (APHIS) (http://healthybirds.aphis.usda.gov). However, the continuous spread of the avian influenza made the industry wonder if the disease is airborne and transmitted through ventilation air of poultry facilities. We are looking at major air emissions — ammonia gas and dust particles — from poultry facilities and their potential effects on poultry health to explore the need of additional biosecurity measures to prevent transmission of infectious diseases among poultry in the future. Ammonia emissions and its health effectsAmmonia is a colorless, irritant gas that is produced from the microbial decomposition of uric acid in poultry manure. NH3 levels can vary from 10 to 80 parts per million (ppm) in poultry houses and are affected by feed protein level, manure management, building facility and ventilation system, bird type and age, and seasonal and diurnal weather conditions. Due to the fact that poultry facilities use ventilation to control indoor air temperature, ammonia concentration in poultry buildings has strong seasonal and diurnal variations and typically is the highest in winter. In addition, ammonia levels in poultry houses are highly dependent on the manure removal and storage system.High ammonia levels indoors are considered a health hazard. Due to its high chemical reactivity, ammonia is a very strong irritant. Exposures to low levels of ammonia usually cause slight eye, nose, and throat irritation. Exposure to ammonia higher than100 ppm can cause more severe irritation of eyes, nose and throat. Higher levels of ammonia exposure can cause keratoconjuctivitis, impaired mucus flow, and ciliary reaction in the trachea. Moreover, there is an increased susceptibility to respiratory disease and secondary infections with high levels of ammonia exposure. High ammonia levels may also indirectly cause lower body weights, reduced feed efficiency, and a decrease in egg production in laying hens. Dust in poultry housesDust is often called particulate matter (PM) and when it is biologically active, it is also called bioaerosol. PM is categorized into TSP (total suspended particles), PM10, and PM2.5 (dust particle with aerodynamic diameter less than 10 μm and 2.5 μm, respectively). PM10 and PM2.5 are criteria air pollutants regulated by National Ambient Air Quality Standards (NAAQS) defined in the Clean Air Act. From a health point of view, PM is also categorized as inhalable dust (PM with a diameter less than 100 μm), respirable dust levels (PM with a diameter less than 4 μm), and thoracic dust (4 μm less than PM with a diameter less than 100 μm).PM10 concentrations in poultry houses range from 0 to 4.5 mg/m3 and PM2.5 data is very limited now. Inhalable dust levels in poultry houses range from 4.8 to 20.2 mg/m3 and the respirable dust levels range from 0.19 to 1.8 mg/m3. The OSHA PEL (permissible exposure limit) for TSP is 15 mg/ m3 and for respirable dust is 5 mg/ m3. PM concentrations in some poultry buildings can sometimes exceed the OSHA indoor air quality standard. Dust particles host bacteria and virusDust in poultry houses is classified as organic dust and considered to be biologically active compared to inorganic dust. Poultry dust contains food, fecal material, broken feather barbules, skin debris, fungal fragments and spores, bacteria and bacterial fragments, viruses, and particles of litter, with skin debris and feather barbules being the major constituents in caged layer dust.Bacteria are generally 1-2 µm (micrometer) in diameter and associated with respirable dust particles. Viruses and bacterial rarely remain viable in an isolated state and in air and are usually attached to inert host particles that are lager than the organisms. Therefore, dust particles play a crucial role in the dispersal, survival and deposition of airborne pathogens in animal buildings. Dust at animal facilities can contain enteric pathogens (e.g. Salmonella, Campylobacter, pathogenic E. coli) and virus (such as avian influenza). Dust affects healthThe microbial fraction of dust is of fundamental importance to health as it can be a causative agent of disease. After reviewing the composition and high level of dust concentrations in poultry facilities, it is not surprising to see that dust emissions from poultry facilities could act as biohazard carriers and have been primarily associated with respiratory illnesses such as bronchitis, organic dust toxicity syndrome (ODTS), hyper-reactivity airway disease, chronic asthma, and membrane irritation. Animal health and productivity can also be reduced by excessive dust exposure. Researchers have linked increased bird mortality to high dust concentrations in an enclosed laying house.Furthermore, dust (when combined with other air contaminants such as ammonia) has been documented to enhance respiratory diseases in poultry, increase mortality rates, and reduce bird growth. Dust irritates the respiratory tracts of birds and ammonia gas acts as a chemical irritant. The mechanical irritation of dust to the respiratory epithelium, its interference with mucous production and its damage to the cilia lead to an increased susceptibility to infection by aerosolized microbes, such as E. coli, which might not otherwise have an impact on the bird’s health.In summary, dust and ammonia emissions in poultry buildings affect health. Control of ammonia and dust levels in poultry houses may become very necessary for reduced transmission of infectious disease, such as avian influenza, and improved health. A group of researchers at Department of Food, Agricultural and Biological Engineering of The Oho State University is actively developing and field-testing effective engineering technologies to control ammonia and dust emission at poultry facilities, such as ammonia wet scrubber and electrostatic precipitation based dust control devices. See airquality.osu.edu for more detailed information.
Sign up for a free trial and get instant access to this article as well as GBA’s complete library of premium articles and construction details. Start Free Trial Already a member? Log in This article is only available to GBA Prime Members You’re striving to minimize your carbon footprint, and your house is energy efficient. Through diligent conservation efforts, you’ve greatly reduced the amount of natural gas and electricity required to run your home.Bravo! But how does your residential energy budget compare to your transportation energy budget? You may be happy to brag about your low utility bills — but if you’re anything like me, you’re probably a little ashamed of your gasoline budget.How much energy are you pumping into your car? To figure out the relative importance of residential energy versus vehicle energy, let’s do the math.According to data compiled by the Energy Information Administration, the average American household spent $1,841 on residential energy in 2005, not including transportation. Consumption of energy for space heating, hot water, and electrical appliances averaged 97,734,040 Btu (site energy) per household:Of course, residents of cold states use more fuel for space heating than residents of warm states. Different areas of the country tend to use different fuels; while residents of rural Maine use more heating oil, kerosene, and firewood than the national average, they use much less natural gas.If you want to perform your own calculations, here’s how to convert fuel use to Btu:The best data I found on automobile transportation are from 2001. In that year, the average American household had 1.9 vehicles; these cars averaged 23.4 miles per gallon. On average, each household bought 908 gallons of gasoline (108,960,000 Btu) to drive 21,252 vehicle miles.In other words, we use about 11% more energy for personal automobile transportation than we use to run our homes. If you’ve managed to cut your residential energy use to a level that is significantly below the national average, then transportation is probably responsible for the bulk of your carbon footprint.You can estimate the actual…
MOST READ Offseason trade acquisition Kyrie Irving had nine points, four rebounds and three assists, and free agent pickup Gordon Hayward added five points and five rebounds as the Boston Celtics beat the Charlotte Hornets 94-82 Monday night in the preseason opener for both teams.Rookie Jayson Tatum, the third overall pick in June’s draft, finished with nine points, five rebounds and four assists. Aron Baynes added 10 points and five rebounds and three assists for Boston. The Celtics also shot 11 of 31 from the 3-point line.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“We’re building a foundation,” Irving said. “We understand that a few other teams that we’re playing against, they’re starting from the bottom as well…For us, we gotta take advantage of games like this.”Dwight Howard, who was traded by Atlanta to Charlotte this summer, finished with seven points, 10 rebounds and six turnovers in his Hornets debut. Jeremy Lamb had 17 points. LATEST STORIES BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight Nonong Araneta re-elected as PFF president Read Next LaVar Ball pulling son LaMelo out of SoCal high school View comments Irving and Hayward, the jewel pieces of an offseason reconstruction that has left only Celtics intact from last year’s roster, sat out the second half.In other games, the Washington Wizards beat the Guangzhou Long-Lions 126-96 in one of two exhibition games between NBA and international teams on Monday. In addition, the Utah Jazz beat the National Basketball League’s Sydney Kings 108-83. It is the first time an NBL team faced an NBA team on American soil.GRIZZLIES 92, MAGIC 84Mario Chalmers had 19 points in 20 minutes, Jarell Martin added 16 points and the Grizzlies defeated the Magic in both teams preseason opener.Orlando led 65-64 late in the third quarter before the Grizzlies closed the period on an 8-0 run, which included six by Chalmers. Memphis led by as many as 10 in the final period.ADVERTISEMENT Fire hits houses in Mandaluyong City The Spurs (0-1) played their starters for two quarters, giving the Kings a chance to showcase their young second unit. Rookie De’Aaron Fox shined in the extra playing time, scoring a game-high 16 on 7 of 8 shooting from the field.The Kings (1-0) outscored the Spurs 23-16 in the fourth quarter.SPURS: Kawhi Leonard, Tony Parker and Rudy Gay all sat out. … Patty Mills finished with 11 points and three assists in 17 minutes off the bench.KINGS: Skal Labissiere finished with 15 points, connecting on 7 of 10 shots. Buddy Hield added 12 points and four rebounds.UP NEXT: These teams are set to meet again Friday in San Antonio.NUGGETS 113, LAKERS 107Garry Harris scored 25 points in 21 minutes, Nikola Jokic added 16 and the Nuggets (2-0) defeated the Los Angeles Lakers.Kentavious Caldwell-Pope led the Lakers (0-2) with 15 points, five rebounds and four assists. Lonzo Ball finished with eight points and four assists, but also had four turnovers in his second preseason game.NUGGETS: Paul Millsap finished with 11 points, two assists, two blocks and two steals.LAKERS: Julius Randall had a solid night with 12 points and 10 rebounds in just 23 minutes.UP NEXT: Lakers host the Nuggets again on Wednesday. Kyrie Irving of the Boston Celtics looks on during the first half against the Charlotte Hornets at TD Garden on October 2, 2017 in Boston, Massachusetts. Maddie Meyer/Getty Images/AFPBOSTON — Boston fans have been patiently waiting to get their first glimpse of the new era of Celtics basketball.They finally got it, and it revealed a team with a lot of upside.ADVERTISEMENT Typhoon Kammuri accelerates, gains strength en route to PH LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Jonathan Isaac led the Magic with 15 points, followed by Mario Hezonja with 12.MAGIC: Jonathon Simmons, Orlando’s biggest offseason pickup, had a couple of highlight-worthy dunks and scored nine points in his Magic preseason debut. …Aaron Gordon and Evan Fournier each played 15 minutes, scoring eight points apiece.GRIZZLIES: With center Marc Gasol (sprained ankle) and forward JaMychael Green both sitting, coach David Fizdale experimented with a smaller lineup of Brandan Wright at center, Chandler Parsons at power forward, and James Ennis at small forward along with Wayne Selden and Mike Conley at the guard spots.UP NEXT: Orlando (0-1) is at Dallas on Thursday. Memphis (1-0) visits Philadelphia on Wednesday.MAVERICKS 106, BUCKS 104Jonathan Motley hit a layup with 4.1 seconds left to lift the Mavericks to a win over the Bucks. Motley scored all nine of his points in a fourth quarter that saw the Mavericks outscore the Bucks 31-20.Dallas’ starters were pulled after one quarter of action. Harrison Barnes was 4 of 6 from the field and had nine points. Dirk Nowitzki had five points in 10 minutes of action.Khris Middleton led the Bucks with 12 points, followed by John Henson with 11 points and four rebounds.BUCKS: Rashad Vaughn finished with 20 points for Milwaukee and missed a 30-footer at the buzzer. … Greg Monroe had 12 points and seven rebounds.MAVERICKS: Nerlens Noel played 15 minutes off the bench and had five points and two steals.UP NEXT: Bucks (0-1) host Indiana on Wednesday. Dallas hosts Chicago on Wednesday.KINGS 106, SPURS 100LaMarcus Aldridge had 17 points in 16 minutes of action in the Spurs’ loss to the Kings in the preseason opener for both teams. Don’t miss out on the latest news and information. Frontrow holds fun run to raise funds for young cancer patients Fire hits houses in Mandaluyong City Brace for potentially devastating typhoon approaching PH – NDRRMC Trending Articles PLAY LIST 00:50Trending Articles00:59Sports venues to be ready in time for SEA Games01:27Filipino athletes get grand send-off ahead of SEA Games01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games
Joshua Pacio. Photo by Tristan Tamayo/INQUIRER.netMANILA, Philippines—Joshua Pacio is on his second reign as the ONE World strawweight champion, and the Team Lakay youngster said he’s far from reaching his full potential.The 23-year-old Baguio native reclaimed his gold when he knocked Yosuke Saruta out 2:43 into the fourth round in the co-main event of ONE: Roots of Honor with a crushing right knee to the temple.ADVERTISEMENT Cayetano: Senate, Drilon to be blamed for SEA Games mess Sports Related Videospowered by AdSparcRead Next ONE CEO believes Joshua Pacio won the fight PLAY LIST 00:52ONE CEO believes Joshua Pacio won the fight00:50Trending Articles00:59Sports venues to be ready in time for SEA Games02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Luke Walton reaches agreement to be Sacramento Kings coach LATEST STORIES Hontiveros presses for security audit of national power grid Pacio’s victory erased his earlier loss to Saruta, who earned the controversial split decision win back on January 19 in Jakarta.“There are so many people saying that this is my pinnacle, that this is my peak but I still have many years left in me,” said Pacio in Filipino Saturday at Mall of Asia Arena. “This isn’t my peak, I still have so many things to learn. The other fighters are leveling up, so I too should level up.”FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsPacio (14-3) had his first reign as champion when he beat Yoshitaka Naito on Sept. 22, 2018 in Jakarta but his rule over the strawweight division lasted just four months after he lost to Saruta.Sityodtong immediately ordered a rematch and it was in the second bout that Pacio showed that he truly was king of the 125-pound division. SEA Games hosting troubles anger Duterte Pacio and Saruta (19-9) were locked in a tight contest for the first three rounds with neither fighter getting clear control over the other.Saruta scored an early knock down and complimented it with a couple of takedowns but it was Pacio who had the better striking game continually pushing back the Japanese with spinning heel kicks.“Our first fight had a lot of errors, some said it was 50-50,” said Pacio. “Some said I won, some said I didn’t, but this time I didn’t leave it to the judges’ hands.”“Coach Mark (Sangiao) told me that when I enter the cage I should be 101 percent confident and that I shouldn’t hesitate to throw combinations and that’s what I did.”ADVERTISEMENT Philippine Arena Interchange inaugurated Private companies step in to help SEA Games hosting DA eyes importing ‘galunggong’ anew Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue Panelo: Duterte ‘angry’ with SEA Games hosting hassles Don’t miss out on the latest news and information. MOST READ View comments