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Philippines finance secretary reaps rewards of good governance

Philippines finance secretary reaps rewards of good governance

March 1, 2013

The days of the Philippines being one of Asia's underachievers are looking to be a thing of the past, according to the country's finance secretary, Cesar Purisima. The secret to the island nation's success, he tells The Banker, is good governance and a president that the country can unite behind.

Philippines back to full health

Philippines back to full health

March 1, 2013

Confidence is running high in the Philippine banking sector as the country enjoys low interest rates and improved stability. But with the 2015 deadline for the economic integration of the Association of South-east Asian Nations approaching, increased competition and a reshaping of the market seems inevitable.

Cesar Purisima, finance secretary, Philippines

Philippines finance secretary seeks greater Asean co-operation

June 30, 2011

Cesar Purisima, the finance secretary of the Philippines discusses tthe changing role of the Asian Development Bank and recent changes in the Philippines' financial environment.

Banco de Oro plans to grow through recession

October 28, 2009

As 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

Finance minister Margarito Teves on reducing debt and raising revenues

October 28, 2009

The 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

Amando Tetangco

October 4, 2009

The 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

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Filipino banks advance with care

October 4, 2009

The 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

Asia banks increase global role

October 5, 2008

Asian banks have avoided the worst of the credit crunch and shown steady economic growth. China is predictably the big winner, accounting for 41 of the Top 200 and dwarfing India’s aggregate sum. Writer Stephen Timewell.

Margarito Teves

October 5, 2008

The impact of the international slowdown on the Philippines economy has been more severe than expected, but revenue collections are on track and overseas remittances remain strong, says the Philippines finance secretary.

Amando Tetangco

October 5, 2008

Despite the international credit crunch, banks in the Philippines grew lending by 24% in the first half of 2008 and asset quality continues to improve, says the Bangko Sentral ng Pilipinas (BSP) governor.

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