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Latest articles from Philippines

Sibling rivalry

April 6, 2008

The Tan brothers, Nestor and Lorenzo, are helping to reshape the Philippines’ banking industry. Ian Gill reports on how their international expertise is helping to break the shackles of traditional financial empires.

Lenders on the up as property market booms

September 30, 2007

An unprecedented array of mortgage products is putting home purchases within reach of lower-income Filipinos – and helping banks achieve their best loan growth in a decade. 

Manila focuses on middle market

April 1, 2007

With larger companies shifting to China, Filipino banks have been focusing on their retail clients as well as the mid-sized enterprise market. Dan Barnes reports.

Movement of jobs, people and capital

September 4, 2005

Jaime Augusto Zobel de Ayala II says that demographics mean that exporting jobs or workers is becoming a vital part of doing business in a global economy.

Philippine Banks

July 31, 2005

The Philippines did not suffer from the Asian crisis as badly as its neighbours. Ironically, the result has been a banking system that has taken longer to recover.
Many banks are still dealing with non-performing loans (NPLs) – arguably the highest in the region – that are about 10% of the system. Although down from their peak of 18% in 2001, a comparison with the 5% in 1997 is a better indication of what still needs to be done.

Political upheaval masks Philippine soundness

July 31, 2005

While political drama grabs the headlines, Philippine reform efforts are paying off in the form of economic gains, and intentions for further improvements remain intact. Karina Robinson reports from Manila.

Driven by faith and overdue reforms

July 31, 2005

Philippines President Gloria Macapagal-Arroyo gives Karina Robinson a glimpse of the tenacity that is now keeping her in power.
“She has a PhD in politics,” says a top official about President Gloria Macapagal-Arroyo of the Philippines, when discussing whether the youthful 58-year-old with a 1985 doctorate in public finance is a technocrat or a politician.

The Philippines kicks off economic reform

November 4, 2004

The Philippine government is taking significant steps to improve the country’s economy. But much still needs to be done. Stephen Timewell reports.

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