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.
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.
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.
The Philippines has weathered the emerging markets storm that began in 2015 relatively well, meaning that its central bank has not needed to follow global trends and ease monetary policy. How has central bank governor Amando Tetangco achieved this? Stefania Palma finds out.
The launch of the Asean Economic Community has opened up a new wave of opportunities. However, with Western banks pulling back from Asia and domestic banks all-powerful in the region's more developed markets, it may only be the Greater Mekong region that sees any discernible change to its financial landscape in the near future.
The annual Microscope global report on financial inclusion provides a kind of open-source regulation for fostering the right environment to give everyone access to banking and credit services, wherever they are, writes Michael Schlein, president and chief executive of Accion.