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

BSP issues new AI governance principles for financial entities 

The Bangko Sentral ng Pilipinas (BSP) has introduced a new set of voluntary governance principles to guide BSP-supervised financial institutions (BSFIs) in safely adopting artificial intelligence. Issued in June under Memorandum No. M-2026-031, the framework helps institutions innovate and improve customer service while protecting consumers, managing risks, and maintaining trust in the financial system.

Airport City opens doors at Clark

The Luzon International Premiere Airport Development (LIPAD) Corporation has officially launched the Clark AeroDistrict, marking the debut of the country’s first world-class airport city.

Marcos satisfaction rating improves, remains in red

President Ferdinand Marcos Jr.'s public satisfaction rating improved in June but remained in negative territory, according to the latest Social Weather Stations survey. The poll found 38 percent of adult Filipinos satisfied with the President's performance, 45 percent dissatisfied, and 17 percent undecided, yielding a net satisfaction rating of negative 7, classified by SWS as "neutral." The result marked an eight-point improvement from the record-low negative 15 posted in March, driven by gains across all major geographic areas and among most demographic groups, although Metro Manila and Mindanao continued to post negative net satisfaction ratings.

IBPAP warns insider fraud threatens outsourcing industry’s credibility

The Information Technology and Business Process Association of the Philippines (IBPAP) is calling for tougher action against insider cybercrime, warning that fraudulent acts committed by a small number of employees could damage the country's reputation as one of the world's leading outsourcing destinations.
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