Latest articles from Philippines

A cityscape view of the financial Makati district in Manila, Philippines.

Philippines outlines five-year growth plan

February 7, 2023

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

3 Benjamin Diokno

Benjamin Diokno: Sustainable banking for greater resilience

December 29, 2021

Governments 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, 2021

Leading banks significantly increased loan impairment provisions last year, ahead of a projected rise in bad loans this year. 

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Philippines and covid

Philippine banks squeezed as Covid-19 ravages economy

June 11, 2021

Weak credit growth and rising non-performing loans among concerns, as authorities struggle to get virus under control.

Benjamin Diokno teaser

Philippine central bank charts path out of crisis

June 8, 2020

Central bank governor Benjamin Diokno outlines measures taken in response to Covid-19.

Benjamin Estoista Diokno teaser

Benjamin Diokno: how Philippines reforms are working for everyone

October 1, 2019

The Philippines is on the cusp of positive change, and policy reform will help the country to reach its full potential and fight poverty.

BSP teaser

Philippine banks look to home-grown growth

October 1, 2019

The Philippines is seeking overseas investment, but its young population is giving local lenders plenty of opportunities for expansion.

Nestor Espenilla teaser

Nestor A Espenilla, Jr.: problems may be traditional, but solutions cannot be

January 2, 2018

While 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.

Carlos Dominguez teaser

Why the Philippines must reform its tax system to end uneven growth

October 3, 2016

Over 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.

Cesar Purisima

Reforms built to last: Cesar Purisima looks to leave Philippines legacy

May 2, 2016

The 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.

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