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Philippines, Singapore push open banking system

MANILA, Philippines – The Philippines is set to pursue an agreement with Singapore as part of efforts to open up the banking industry aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said the Philippines has already entered […]

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Philippines: Exporters urge reforms to hit $100-B target early

MANILA, Philippines – Exporters are calling on both the public and private sector to implement reforms necessary to help boost exports as they set their sights on achieving an ambitious $100-billion revenue target over the medium term. Philippine Exporters Confederation Inc. (Philexport) president Sergio Ortiz-Luis Jr. said there is a need for sustained efforts on […]

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Middle East crisis beneficial to Philippines — PEZA

MANILA, Philippines – The Philippines stands to benefit from an ongoing diplomatic crisis in the Middle East as more trade and investments are seen going toward the country, Philippine Economic Zone Authority (PEZA) director general Charito Plaza said. “The Qatar crisis is to our advantage because while they have an embargo with their neighboring countries, […]

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