Updates

1 April 2011 – We, the Financial Executives Institute of the Philippines (FINEX), the Makati Business Club (MBC) and the Management Association of the Philippines (MAP), express full support to the Bangko Sentral ng Pilipinas (BSP) for its supervisory actions on Banco Filipino. The exit mechanism for banks, as provided by law, is one of the […]

7 March 2011 – The Coalition Against Corruption respectfully asks Congress to expedite the impeachment process involving Ombudsman Merceditas Gutierrez for the sake of truth and justice. Two years ago we said that our country needs an Ombudsman who is a skilled administrator, a committed public defender, a staunch protector of whistleblowers and victims of […]

18 February 2011 – The Makati Business Club wishes to publicly declare our support for the reappointment of Amando M. Tetangco for a second term as Governor of the Bangko Sentral ng Pilipinas beginning 1 July 2011.   Governor Tetangco, a career central banker, began his first term as head of the BSP in July 2005. […]

16 February 2011 – The Makati Business Club welcomes with great relief the Supreme Court’s decision to dismiss the petition filed by Ombudsman Merceditas Gutierrez to have the two impeachment complaints currently lodged against her at the House of Representatives declared as unconstitutional.   It is unfortunate that the five-month suspension of the impeachment process allowed […]