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

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.

Puregold, GCash push digital shift for stores 

Puregold Price Club, Inc. and GCash are expanding digital payment and financial management tools for sari-sari stores, a move aimed at accelerating financial inclusion and helping thousands of small retailers modernize their operations.

SM Prime hits pause on P18B bond sale

SM Prime Holdings Inc. has put the brakes on a planned bond offering of up to P18 billion, opting to wait for more favorable market conditions as it seeks funding for an ambitious expansion and redevelopment program across the country. 
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