Connect with us

Hi, what are you looking for?

Economy

Local professional chess league set for launch next year: PCAP

THE LOCAL CHESS scene is set to get a boost with the setting up of the first professional league for the sport in the country.

Organized by the Philippine Chess Association of the Philippines (PCAP), and in collaboration with the National Chess Federation of the Philippines (NCFP), the newly organized pro chess league is set for launch next year with the end view of bringing further to the fore the sport of chess, which has experienced a resurgence during this time of the coronavirus pandemic.

In a virtual media conference hosted by the Games and Amusement Board (GAB) on Wednesday, PCAP, which recently got its government license to operate a professional league, said it is bullish of its plans as it provides another platform for players to showcase what they can do and give chess its due recognition as a sport that Filipinos can excel in.

PCAP, through its president Atty. Paul Elauria, said that a number of chess teams have also expressed interest in securing their professional licenses from GAB and compete in their inaugural tournament pencilled to start in January.

As a pro league, PCAP has set up certain regulations pertaining to the salary of the players and composition of the teams.

For the NCAP, the setting up of the PCAP is a welcome development for the sport and expressed hope that the pro league gets to succeed in its mission.

Meanwhile, Wednesday’s media conference was also used as an opportunity to present to Filipino chess icon and Grandmaster Eugene Torre the very first government professional chess license.

Mr. Torre also hailed the newly established professional league, saying “This will go a long way in developing chess and provide opportunities for chess players of all forms, including women and para-athletes.”

The GM did not say if he would join the tournaments, but the PCAP said the door is open for him and that many teams have actually expressed interest in getting the services of Mr. Torre. — Michael Angelo S. Murillo

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

By Keisha B. Ta-asan, Reporter PHILIPPINE BANKS will continue to see improved profits this year, supported by better margins following the central bank’s rate...

Economy

THE PHILIPPINE government’s move to grant value-added tax (VAT) refunds for foreign tourists is expected to boost the tourism industry’s recovery from the coronavirus...

Economy

By Luisa Maria Jacinta C. Jocson, Reporter THE GOVERNMENT should diversify its major growth drivers to rely less on consumption as household spending is...

Economy

By Arjay L. Balinbin, Senior Reporter SMEC Philippines, Inc., a unit of Singaporean infrastructure and urban development consultancy company Surbana Jurong Group, said it...

Economy

THE Securities and Exchange Commission (SEC) warned the public against putting money in three entities, which are soliciting investments without first securing a license....

Economy

DMCI Holdings, Inc. and Union Bank of the Philippines are seen to improve their liquidity and stock valuation after their re-entry to the Philippine...

You May Also Like

Investing

Browsing history makes referring to sites and pages you’ve visited in the past seamless. It’ll help you recall what page you checked out on...

Investing

The minute that any question pops into your head, you can simply ask Google. No longer do we have to pour over books and...

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.