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Philippines starts opening bank sector to Asean peers
MANILA, Philippines - The Philippines is set to sign agreements with two more countries as early as next month 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 in a speech during the 29th National Convention of the Bankers Institute of the Philippines (BaiPhil) the Philippines would forge an agreement with two more ASEAN countries after signing a pact with the Bank N... Large UK delegation to explore prospects in Philippines infra, education
MANILA, Philippines - The Philippines is hosting this week a large business delegation from the United Kingdom to be led by Trade Envoy to the Philippines Richard Graham.The 30-member delegation will explore trade and investment opportunities in the areas of education and infrastructure.“The UK will be more global and outward looking than ever. The Philippines, where I worked many years ago, and Southeast Asia is a very important market for the UK,” said Graham, who will be in Manila and Iloilo from March 21 to 24 to reaffirm the tr... Foreign investments seen to sustain upsurge
MANILA, Philippines - Despite external economic challenges, the Philippines continues to see strong inflow of foreign direct investments (FDI), driven by the recovery in the manufacturing sector and the sustained growth in the services sector, according to the Bangko Sentral ng Pilipinas (BSP).“Manufacturing for instance is picking up again in addition to the usual sources of growth like services. This will continue to be an attraction. Plus the fact that our economic fundaments remain sound and a young population that is economically a...
IRO Message
The newly approved Philippine Development Plan (PDP) 2017-2022 is now available for download at The first medium-term plan to be anchored on a national long-term vision, or AmBisyon Natin 2040, the PDP 2017-2022 represents the collective vision and aspirations of Filipinos for themselves and for the country.

The PDP al...
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