The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

Philippines tries to match promises with delivery

Long overdue fiscal prudence and a rising economic tide have presented the Philippines with its best chance in decades for sustainable economic growth. Chris Leahy reports.

Philippines call centres: Hot seats

IT IS LUNCHTIME at the Department of Budget and Management and everywhere, staff tuck into their lunchboxes with evident relish. Everyone that is except the department head, secretary Rolando Andaya. Pulling on another cigarette, he listens intently to a local official’s entreaty for more funds to rebuild his barangay’s (parish) school, destroyed in a fire. The supplicant is not alone: the line of local lobbyists snakes out of Andaya’s office and into the corridors of the dilapidated office building.

"It’s pretty much like this every day of the week," says Andaya, "but it’s election time now so everyone wants to see me."

Gary Teves, finance secretary

"We’re going to need a lot of help from the private sector, and we need to send them the right signals: that government will get out of business"  Gary Teves, finance secretary

There is much to talk about.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree