Philippine business groups will prioritize the expansion of “green” economy interventions to ensure environment friendly operations and sustainable economic recovery from the raging health and economic crisis. “The interconnected challenges in public health, the economy, and the...
Philippine industry leaders called on the private sector to take the lead in the country’s digital transformation to ensure safe and sustainable economic recovery. During a virtual roundtable discussion organized by the Stratbase ADR Institute on “The Private Sector as a reliable partner to the...
Banks’ standing as trusted financial institutions will have new yardsticks with the Bangko Sentral ng Pilipinas (BSP) up-coming rule on reputational risk management. It took time but BSP Deputy Governor Chuchi G. Fonacier said the...
The Bangko Sentral ng Pilipinas (BSP) is proposing the use of satellites to bring financial products and services to the unbanked and underserved areas, and these are locations that are beyond the reach of telecommunication companies. BSP Governor Benjamin E. Diokno, who has a goal of bringing 50...
The Bangko Sentral ng Pilipinas (BSP) has done enough and should be more careful in dispensing monetary stimulus or risk financial instability, according to an ex-central bank official. “Monetary policy should guard against itself,” said former BSP Deputy Governor Diwa C. Guinigundo,...
Retired Supreme Court Associate Justice Antonio Carpio and a lawyers’ group warned of violation of the Constitution and national security risk if Congress enacts law to remove telcos as a public utility open to foreign control. Retired Supreme Court Associate Justice Antonio Carpio (JOHN JEROME...
