Philippines News News Philippines » Finance: What Should Annual Financial Statements in the Philippines Include?
Annual financial statements in the Philippines cover financial position, performance, cash flows, equity, disclosures, and applicable audit requirements.
News Philippines » Finance: Philippine Finance Chief Sees 7% Growth Despite Political Noise
(Bloomberg) -- The Philippine economy can grow as much as 7% this year, aided by interest-rate cuts that will support investment and consumption, according to Finance Secretary Ralph Recto who also ...
News Philippines » Finance: Philippine finance secretary says interest rates may be higher for longer
MANILA, March 21 (Reuters) - Philippine Finance Secretary Ralph Recto said on Thursday interest rates may stay "higher for longer", but could see the first cut this year. Recto, who has a seat as ...
News Philippines » Finance: Philippine digital finance use climbs to 62% in 2025
Only 32% of respondents could reach banks despite 79% awareness. The use of electronic devices for financial transactions continued to rise in the Philippines in 2025, but access to banks and other ...
News Philippines » Finance: Philippines financial system still on solid footing
“We see pockets of vulnerability in energy- and interest-rate-sensitive sectors and in valuation pressures from higher bond yields. Nonetheless, the financial system remains on solid footing. Banks ...
News Philippines » Finance: Philippines Removed From Watchdog’s Money-laundering ‘Grey List’
The Financial Action Task Force (FATF) has removed the Philippines from its money-laundering “grey list” of countries due to improvements in its systems for combating money laundering and terrorist ...
News Philippines » Finance: Philippines Not in Rush to Cut Rate, Finance Head Sees June Hold
Philippine Finance Secretary Benjamin Diokno, who’s a member of the central bank’s rate-setting panel, expects the key rate to stay at the current level for the rest of year as inflation remains ...
News Philippines » Finance: Philippine Financial Industry Set to Drive Embedded Finance Growth by 42% Annually – Report
The Philippines’ financial industry is poised to accelerate the development of non-financial applications within the embedded finance sector by over 42% annually, according to a recently released ...
News Philippines » Finance: Philippines’ Finance Chief Wary of New Taxes Upon High Inflation
The Philippines has shelved plans to impose more taxes on junk food and sweetened beverages, its new finance chief said on Wednesday, culling the list of proposed new levies amid elevated consumer ...
News Philippines » Finance: Philippine Banks Partner with JUST Finance to Launch PHPX Stablecoin
A group of prominent Philippine financial institutions has teamed up with Web 3.0 fintech firm JUST Finance to introduce PHPX, the first bank-collateralized Philippine Peso stablecoin. This initiative ...
News Philippines » Finance: CNN Philippines To Shutter; Cites Financial Losses
After nine years in business, CNN Philippines will discontinue its news and production operations on all media platforms effective January 31. The news organization, which is a franchise holder of the ...