The Philippines has announced an ambitious five-year plan to capitalise on strong economic results.
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Latest articles from Philippines

Benjamin Diokno: Sustainable banking for greater resilience
December 29, 2021Governments and banks alike need to embed fighting climate change into their operations, writes the governor of the central bank of the Philippines.
Philippine banks ramp up impairment provisions
October 18, 2021Leading banks significantly increased loan impairment provisions last year, ahead of a projected rise in bad loans this year.

Philippine banks squeezed as Covid-19 ravages economy
June 11, 2021Weak credit growth and rising non-performing loans among concerns, as authorities struggle to get virus under control.

Philippine central bank charts path out of crisis
June 8, 2020Central bank governor Benjamin Diokno outlines measures taken in response to Covid-19.

Benjamin Diokno: how Philippines reforms are working for everyone
October 1, 2019The Philippines is on the cusp of positive change, and policy reform will help the country to reach its full potential and fight poverty.

Philippine banks look to home-grown growth
October 1, 2019The Philippines is seeking overseas investment, but its young population is giving local lenders plenty of opportunities for expansion.

Nestor A Espenilla, Jr.: problems may be traditional, but solutions cannot be
January 2, 2018While the Philipines enjoys a growing economy and stable finances, we do not underestimate the tough challenges of poverty, demographic change, technological advances and geopolitical risks. These can only be countered by looking outside the traditional solutions, says Nestor A Espenilla, Jr, the governor of the Bangko Sentral ng Pilipinas.

Why the Philippines must reform its tax system to end uneven growth
October 3, 2016Over the past few decades, the Philippines has enjoyed stellar economic growth but its poverty rates have remained unacceptably high. Its newly appointed finance secretary explains how his tax reforms will bring an end to this situation.

Reforms built to last: Cesar Purisima looks to leave Philippines legacy
May 2, 2016The Philippines has grown to have some of the strongest economic fundamentals in south-east Asia, thanks in no small part to the economic policies rolled out by finance secretary Cesar Purisima over the past six years. He talks to Stefania Palma.