The Philippine banking sector has strengthened significantly in recent years, tracking general economic trends and benefitting from prudent measures put into place over time to boost capital and improve supervision, corporate governance and transparency. Most institutions are now in good shape. They are both profitable and sound, able not only to...
THE COMPANY: Philippine Long Distance and Telephone (PLDT) was founded in 1928, and currently stands as the leading telecommunications provider in the Philippines. Through its three principal business groups – fixed line, wireless, and information and communications technology (ICT), PLDT offers the...
THE COMPANY: Megaworld (MEG) is one of the country’s leading residential condominium developers and business process outsourcing (BPO) office space providers. Indeed, the company pioneered the development of mega-communities – integrated townships that locate residences, workplaces and commercial centres...
In actively considering a liberalisation programme, the Philippines is hoping to better align itself with the more open of its regional peers and better integrate itself with the global economy. Reform is a top priority. At the same time, it needs to move carefully. While the country’s various impediments to trade and investment have held it back in...
While the Philippine banking sector has been fast liberalising, its openness to foreign investment has been inconsistent. Brief periods of reform have been followed by stretches of policy stagnation in terms of market access for global institutions. Though there is no overarching strategy in this regard, a number of laws and regulations have worked...
THE COMPANY: DMCI Holdings (DMC) was incorporated in 1995 as a holding company to consolidate the businesses of the Consunji family.
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