Jun Vallecera

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8-man Japan team arriving to help manage Mindoro ecological disaster

Japan is sending an eight-man team of experts to help the Philippines control and remove an oil slick that is quickly evolving into an ecological disaster.

Fitch Ratings: Phl to prove itself resilient amid low growth, rising risk asset scenario

London- and New York City-headquartered Fitch Ratings said so-called asset-quality risks the various Philippine banks face at present are increasing due to the rising cost of living and higher interest rates.

It’s not easy being a millennial, survey says

More than half or 51 percent of millennials are discouraged from pursuing their chosen career path in full as this has proven inadequate to provide for their financial needs, a study financed by CIMB Bank Philippines show.

Anti-inflation liquidity suppression results in fewer January loan take outs

There were fewer loan take outs among the universal and commercial licensed banks (U/KBs) in January when so-called domestic liquidity, essentially money readily available...

Dollar bond sales push BOP into surplus in January

The country’s balance of payments (BOP), a snapshot of foreign currency earnings minus its expenses, swung into a surplus in January this year from...

Just in

DA rolls out P65M interventions for Albay farmers, fisherfolk

The Department of Agriculture (DA) launched a major regional development initiative on Thursday, with Secretary Francisco P. Tiu Laurel Jr. personally overseeing the distribution of over P65 million in agricultural interventions to local farmers and fisherfolk in this town widely recognized as the “rice granary of Albay.”

Philippines halts poultry importation from Indiana amid bird flu

The Department of Agriculture has imposed a temporary ban on the importation of domestic and wild birds—and their products—from Indiana following confirmed outbreaks of the highly pathogenic H5N1 avian influenza strain.

BSP wins global award for managing foreign currency reserves

The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.

PDIC auctions prime assets via e-bidding

The Philippine Deposit Insurance Corporation (PDIC) will conduct an electronic public bidding for prime corporate and closed-bank properties on April 22–23, offering investors a diverse portfolio of real estate assets across the country through its online bidding platform.
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