Finance minister Margarito Teves on reducing debt and raising revenues
Margarito Teves, secretary of the Department of Finance of the PhilippinesThe Philippines' finance minister says that the archipelago's economy has remained relatively resilient during the downturn compared with its export-dependent neighbours. But the budget deficit remains an ongoing problem. Writer Michelle Price
Nestor Tan
Nestor Tan, president of Banco de OroAs one of the Philippines' most dynamic bankers, Nestor Tan has overseen a series of acquisitions and mergers that have transformed Banco de Oro into the largest bank in the country by assets. Now he is eager for further growth by capitalising on opportunities presented by the recession. Writer Michelle Price
Filipino banks advance with care
Sending profits home: remittances account for 10% of the Philippines' gross domestic productThe Philippines has managed to all but sidestep the global economic slump and its banking sector is in good shape, but broader structural changes in the Filipino economy will bring new challenges. Writer Michelle Price
Amando Tetangco
Amando Tetangco, governor of Bangko Sentral Ng PilipinasThe governor of Bangko Sentral Ng Pilipinas talks about how the central bank took swift and effective action to ensure that the Philippines was not badly hit by the credit crunch. But he warns that exiting a liberal monetary policy stance may bring its own risks. Writer Michelle Price





