Jun Vallecera

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PH money market ‘has disappeared’ — BSP chief

Top News Jun Vallecera Jun Vallecera -
The money market in the Philippines where banks and financial institutions go for their short-term funding requirements has practically disappeared, according to the main man at the central bank, Bangko Sentral ng Pilipinas governor Eli Remolona Jr.

Panay Rail Line to become digital farm-to-market backbone under new proposal

Transport & Logistics Jun Vallecera Jun Vallecera -
In a major push to modernize agriculture and logistics in Western Visayas, Panay Railways, Inc. (PRI), Philtrak Inc., and the Department of Science and Technology (DOST) recently launched a proposal to transform the long-decommissioned Panay railway into a Farm-to-Market Digital Logistics Integrated Backbone (FM-DLIB).

“We Are Not in Batanes”

Corporate Jun Vallecera Jun Vallecera -
“We are not in Batanes,” said KONE Philippines managing director Peterri Kyrklund, contrasting the serene, undeveloped landscapes of the northern Philippine province with the rapidly urbanizing cities across the region. The quip came as KONE emphasized the pressing need to modernize aging vertical transport infrastructure in Asia-Pacific.

JICA aided crisis management tool launches in Manila

Communications & Technology Jun Vallecera Jun Vallecera -
The chief representative of the Japan International Cooperation Agency (JICA), Takashi Baba, on Thursday declared the 2023 disaster resilience feasibility study effective and the...

Fuel costs, not tariffs, keep 2GO on edge, says SM Investments chief

Transport & Logistics Jun Vallecera Jun Vallecera -
Rising fuel prices, not global trade tensions or tariff-related supply disruptions, are the primary concern for multimodal transport and logistics firm 2GO, according to SM Investments Corp. president and CEO Frederic C. DyBuncio.
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Cheaper power could unlock 161,000 jobs, World Bank says

Energy & Mining 0
Accelerating power sector reforms could slash electricity prices, create more than 161,000 jobs and lift about 730,000 Filipinos out of poverty by 2030, with the World Bank arguing that lower energy costs may be one of the country's biggest catalysts for faster and more inclusive economic growth.

AI can unlock globally competitive Filipino innovations, IPOPHL

Communications & Technology 0
Intellectual Property Office of the Philippines (IPOPHL) Director General Teodoro C. Pascua said artificial intelligence could become a powerful engine for transforming Filipino ideas into globally competitive products, provided innovation is matched with stronger protection of intellectual property rights.

Supreme Court ruling reels in Philippine seafood export risks

Opinion 0
The Supreme Court's decision striking down Fisheries Administrative Order No. 266 has cast a wide net over the Philippines' fisheries sector, raising questions that reach well beyond the country's waters. 

Eala-Pegula finals match rescheduled 

Context Dispatch 0
After hours of weather delays, organizers of the Mubadala DC Open postponed the women's singles final between Alex Eala and Jessica Pegula to noon Monday (midnight Tuesday in Manila) to allow the championship match to resume under safer conditions. Play was repeatedly interrupted by rain, forcing officials to suspend action for the safety of players and spectators. World No. 3 and top seed Pegula rallied from an early 3-4 deficit to capture the opening set, 6-4. Eala responded by taking the first game of the second set and built a 2-1 lead before another downpour halted play once again. Organizers said Sunday’s tickets will be honored while 1,000 more will be offered to fans who want to watch the finals.
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