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LATEST ARTICLES
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Analysts are keeping a close eye on regional as well as US monetary policy as they attempt to plot a course for the currencies of the countries that form the Association of Southeast Asian Nations. -
A new programme announced at COP26 plans to speed up progress away from coal-fired power in Indonesia and the Philippines by buying out plants, shutting them down, and helping to provide a cleaner alternative.
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In May, Benjamin Diokno, governor of Bangko Sentral ng Pilipinas (BSP), proudly announced the formation of a new ‘bad bank’ asset management company regime under the Financial Institutions Strategic Transfer Act - known by the bold and bracing acronym, FIST.
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The ‘bad bank’ asset management company recently launched in the Philippines has not just been designed to make life easier for the banks, it could boost growth as well.
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Rather than just handling payments, one mobile-phone technology entrepreneur wants to extend small lines of short-term credit to the financially excluded.
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Attorney Mel Georgie Racela runs the Anti-Money Laundering Council Secretariat in the Philippines, one of two agencies tasked with getting to the bottom with the country’s involvement in the Wirecard scandal. He talks to Chris Wright.
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The country’s response to the scandal is a chance to show good governance.
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The head of UnionBank of the Philippines tells Euromoney that Covid-19 will spell the end of cash and boost the prospects of banks that offer customers the best digital banking services.
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The ADB’s policy chief tells Euromoney the Manila multilateral is ready for the worst, but wonders what world will emerge from Covid-19, as sovereign states balk at funding needs, and commercial banks step back from funding infrastructure.
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When the Philippines needed a new central bank governor earlier this year, no one expected the president to pick an outsider for the job. During his first months in office, Benjamin Diokno has promised – and started – to deliver measures to spur expansion.
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As part of Euromoney's 50th anniversary coverage, we profile some of the biggest names that we interviewed for our May Asia focus.
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Vast infrastructure initiative taking shape, minister says; insists PPP will be used, not just Chinese soft loans.
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Why is nobody in Asia worrying about trade wars and rate hikes?
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Before taking the top job at the Philippine central bank, Nestor Espenilla Jr was known for his toughness on financial crime – now he says he is enabling the banking system to go from strength to strength… providing it sticks to the rules.
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In April Philippine president Rodrigo Duterte took a characteristically drastic step. He closed Boracay. It is an indication of the environmental threat from marine pollution. Can the private sector help clean up the seas?
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Cesar Purisima was secretary of finance of the Philippines when Typhoon Haiyan devastated much of the country. It was a lesson he hadn’t forgotten when he became the founding chair of the V20, a vehicle for the world’s most climate-vulnerable nations to speak collectively.
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Reaction to Philippine president Rodrigo Duterte’s appointment of Nestor Espenilla Jr as the new governor of the central bank, Bangko Sentral ng Pilipinas (BSP), has been publicly positive.
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Asian banks are increasingly proving themselves to be much more than just volume-hungry lenders.
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After the success of the first phase of the Philippines’ local debt consolidation programme, the republic’s treasurer, Omar Cruz, announced in August the launch of an additional debt exchange offer.
