Jun Vallecera

4 POSTS

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

EV brands expand Philippine lineups as oil prices rise

More than 15 automotive brands are showcasing electric vehicles (EVs) at the 14th Philippine Electric Vehicle Summit, underscoring growing competition in the local market as rising global oil prices sharpen the economic case for alternatives to imported fuel.

Eala loses in Ningbo, but wins a spot in rankings

Alex Eala may have run out of answers against fellow southpaw Diana Shnaider in Ningbo, but her China campaign still delivered a little consolation: a one-place climb in the world rankings.

Budget watchdog participation welcomed in gov’t road projects

The Department of Agriculture (DA) has formally welcomed the support of budget monitoring group People’s Budget Coalition (PBC) in overseeing the implementation of the government’s farm-to-market road (FMR) projects, citing enhanced accountability, proper use of public funds, and stronger rural development as key benefits.

Dry spell escalates agri losses to P8.57 billion 

Rising temperatures and widespread dry spells caused by the ongoing El Niño have pushed initial agricultural losses in the Philippines to P8.57 billion, marking a nearly 25 percent increase from the P6.87 billion reported late last month.
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