Philippines

Asia Risk 15: Rafael Consing, ICTSI

Corporates were hit hard by derivatives losses linked to investments and low-cost hedges during the financial crisis. But most companies have benefited by using derivatives to manage financial risks. Joti Mangat and Georgina Lee talk to one such company,…

A natural progression?

The widescale demand for catastrophe bonds in Asia has been heralded for many years now. But outside Japan and to a lesser extent Taiwan, overall penetration of catastrophe insurance in Asia remains low. Is this all about to change?

The Philippines power market

Power prices in the Philippines are some of the most expensive in Asia. It is hoped government plans to open the electricity distribution market will improve competition and reduce tariffs, writes David Hayes

Philippine Central Bank issues IAS 39 guidelines

The Philippine central bank, Bangko Sentral ng Philipinas (BSP), has issued guidelines for the adoption of financial reporting standards set by the International Accounting Standards (IAS) Board, including IAS 39 which deals with derivatives.

Philippines SEC drafts FX reporting guidelines

PHILIPPINES - The Philippines' Securities and Exchange Commission (SEC) last week announced draft guidelines on the preparation of foreign currency-denominated financial statements for corporations in the country.