President's Message
Atty. Benedicta Du-Baladad Message from the President:

Benedicta Du-Baladad


To FINEX members and friends,

PRESIDENT’S REPORT
November 2017 Issue

We are now on the final stretch of 2017. This year has been one of the busiest and exciting for both FINEX and the country.

Earlier this month, our country was once again placed in the limelight as we hosted this year’s ASEAN Summit. The summit provided us to showcase what our country can share to the world and the creativity of the Filipino people. Indeed, the recent hosting of the ASEAN summit placed our country

Read More
2017 Year-Round Corporate Sponsors

PARTNERS :

DIAMOND :

GOLD :

Affiliations
Ads
Salute to the BSP governor!
Print PDF
Atty. Benedicta Du-Baladad Atty. Benedicta Du-Baladada
BUSINESS WORLD (FINEX Folio)

May 19, 2017

Salute to the BSP governor!

FINEX Folio is a rotating column of members of the Financial Executives Institute of the Philippines appearing every Friday in BusinessWorld, opinion section.

On July 2, Amando M. Tetangco, Jr. will officially bow down after twelve (12) successful years as the governor and chairman of the Monetary Board of the Bangko Sentral ng Pilipinas (BSP).

In recognition of his significant contribution to the country’s economic growth, and strengthening confidence in the country amidst local, regional and global challenges, the Financial Executives Institute of the Philippines (FINEX), together with The American Chamber of Commerce of the Philippines, Inc. (AMCHAM), European Chamber of Commerce of the Philippines (ECCP), CIBI Foundation, Inc., Makati Business Club (MBC), Management Association of the Philippines (MAP) and the Philippine Chamber of Commerce and Industry (PCCI), will honor Governor Tetangco in a Special Testimonial Luncheon on May 24, 2017.


During the same event, FINEX will award the FINEX-Gov. Amando M. Tetangco, Jr. Professorial Chair for Monetary Policy and Financial Sector Development. The perpetual fund will be used to award professorial chairs in the field of economics, particularly on monetary policies and financial sector development, or to fund research related to these studies.

Governor Tetangco is attributed with strengthening the BSP’s ability to uphold growth through its monetary and banking policies. Inflation was maintained at low levels, thereby allowing the central bank to keep the policy rates stable. The country has attained the union of high economic growth and low inflation for many years.

The Philippines has been making relevant growth in promoting a more inclusive financial system, with financial inclusion, financial education, and consumer protection enhanced under Mr. Tetangco’s watch. He convened the 15-member inter-agency body to craft and implement the National Strategy for Financial Inclusion (NSFI) which aims to optimize collective efforts to achieve inclusive growth. The NSFI was officially launched on July 1, 2015. In 2014, the Economist Intelligence Unit (EIU) named the Philippines as the top country in Asia -- and third in the world -- with the most conducive environment for financial inclusion.

The BSP governor’s effective leadership was proven by various accolades. He has been recognized consistently by a number of international institutions as one of the world’s best central bank governors.

In February 2017, Mr. Tetangco was awarded 2016 Outstanding Achievement Award by FinanceAsia for his contributions to Philippine economic development and to the improvement of central banking standards in the region.

In 2016, Global Finance, a New York-based magazine, hailed Mr. Tetangco as one of the world’s top central bankers for the 8th time. Mr. Tetangco earned an “A” grade alongside with the central bank heads of Israel, Lebanon, Paraguay, Peru, Russia, Taiwan and United Kingdom. The Global Finance’s Central Bank Report Cards grade central bank governors of almost 75 jurisdictions in areas such as inflation control, economic growth goals, currency stability and interest rate management.

The Management Association of the Philippines also named Mr. Tetangco Management Man of the Year in 2015. Distinctions were not only regarded to him, but also to the organization he serves. Truly, all the recognitions are deserved by Governor Tetangco.

As we move towards the new era of the central bank under the leadership of its new head, Nestor A. Espenilla, Jr., let us be thankful for the past 12 years of monetary stability and may it continue to be so in the years to come.

Atty. Benedicta Du-Baladad is the managing partner and CEO of Du-Baladad and Associates (BDB Law) and president of FINEX.

FEATURED ARTICLES
PH-OGP, The Philippine Open Government Partnership. Part 2
Santiago F. Dumlao Jr.By Santiago F. Dumlao Jr.

BUSINESS MIRROR (Free Enterprise)
September 22, 2017

PH-OGP, The Philippine Open Government Partnership. Part 2

Simply, we wish to bring to greater awareness this ongoing program that promises long-lasting positive influence to good governance in government, with the strong engagement of the private sector. Let the PH-OGP brochure say it in a capsule:

Read more...
Energy and infrastructure
Flor G. TarrielaBy Flor G. Tarriela

Business World (FINEX Folio)
September 22, 2017

Energy and infrastructure

At the successful 2 nd  Annual Philippines Energy and Infrastructure Forum held recently sponsored by PNB Capital, BPI Capital and PJS Law, topics included the Golden Age of Infrastructure, the new role of the Public-Private Partnership Center (PPPC), optimal financing strategies for energy and infrastructure projects, legal implications of the competition law on energy and infrastructure sectors, and the energy mix in the future.

Read more...
Outdoor advertising for MSMEs
J. Albert GamboaBy J. Albert Gamboa

MANILA TIMES(FINEX Files)
September 22, 2017

Outdoor advertising for MSMEs

Peace talks have collapsed between the Philippine government and the National Democratic Front-Communist Party of the Philippines-New People’s Army (NDF-CPP- NPA), with the Reds blaming President Rodrigo Duterte for the breakdown of negotiations.

Read more...
PH-OGP, The Philippine Open Government Partnership. Part 1.
Santiago F. Dumlao Jr.By Santiago F. Dumlao Jr.

BUSINESS MIRROR (Free Enterprise)
September 20, 2017

PH-OGP, The Philippine Open Government Partnership. Part 1.

Simply, we wish to bring to greater awareness this ongoing program that promises long-lasting positive influence to good governance in government, with the strong engagement of the private sector. Let the PH-OGP brochure say it in a capsule:

Read more...
Overstepping authority
J. Albert GamboaBy J. Albert Gamboa

MANILA BULLETIN(Business Option)
September 19, 2017

Overstepping authority

Business owners in major Philippine cities are in a quandary about the way their local government units (LGUs) are implementing President Rodrigo R. Duterte's Executive Order 26 that regulates smoking in enclosed public places and conveyances.

Read more...
Breaking barriers to competitiveness
J. Albert GamboaBy J. Albert Gamboa

BUSINESS WORLD(FINEX Folio)
September 15, 2017

Breaking barriers to competitiveness

The Financial Executives Institute of the Philippines (FINEX) will hold its 49th Annual Conference at the Fairmont Hotel in Makati City on Oct.13. Organized by the FINEX Week Committee, its theme is “Breaking Barriers to Competitiveness in the ASEAN Financial Sector” with the following rationale:

Read more...
Partners