Jun Vallecera

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Australia’s P4I looks to Manila’s transport, telco energy sectors for investment opportunities

The Australian government on Friday committed to share expert knowledge with the Philippines in the areas of transport, telecommunications and energy under an ongoing...

Amazon pitches cloud computing for resource lacked SMBs

Small and medium business enterprises in the Philippines are likely punished by rising inflation averaging at least 5.4 percent this year, making it imperative for SMBs of close to a million to embrace technology and cut operating costs by 10 percent or larger.

As with the world, food inflation hounds the Philippines – World Bank

Food price inflation remains elevated in countries around the world, the Philippines included, where food alone accounts for more than half the consumer price...

Home Credit Philippines sanguine on expanding customer base to 10M

Although officials acknowledge the rising interest rate environment is a tough challenge, consumer finance provider Home Credit Philippines is confident of adding some 70,000 more clients this year and lift its customer base to 10 million from or less 9.3 million at the moment.

Long-haul FDIs continue to push lower in 2022

Foreign direct investments (FDI) flowed inward on net basis last year to $9.2 billion, sharply lower than in 2021 when this aggregated $12 billion. In...

Just in

SEC director arrested in NBI extortion sting

The Securities and Exchange Commission (SEC) said Wednesday that one of its directors has been arrested by the National Bureau of Investigation (NBI) in an entrapment operation over the alleged extortion of a private corporation.

US flags PH labor enforcement, eyes tariff

The Office of the United States Trade Representative (USTR) has found that the Philippines' failure to prohibit and effectively block imports of goods produced with forced labor may unfairly burden US commerce, exposing Philippine exports to potential new tariffs under a Section 301 investigation.

VICT adds hybrid carriers to expand capacity, cut emissions at Port of Melbourne

Victoria International Container Terminal (VICT), the fully automated facility run by International Container Terminal Services, Inc. (ICTSI) at Australia’s Port of Melbourne, has deployed four new Kalmar hybrid automatic container carriers as part of its expansion plan.

DOE transfers power sector function to BARMM-MENRE under new transition deal

The Department of Energy (DOE) and the BARMM’s Ministry of Environment, Natural Resources and Energy (MENRE) have signed two key agreements: a Transition Agreement (TA) on power and electrification, and a Memorandum of Cooperation (MOC) on energy efficiency.
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