Sign up | Log in



Home  >>   Daily News  >>   Philippines News  >>   Economy  >>   Philippine executives have transparency
NEWS UPDATES Asean Affairs             27  July 2011

Philippine executives have transparency

Related Stories

July 1, 2011
Philippines foreign debt increases

June 29, 2011
Philippines revises price index

June 20, 2011
Philippines taxes may increase in 2012

June 16, 2011
Philippines credit rating raised

June 8, 2011
Philippine reserves continue rising

May 31, 2011
Philippines growth slows

Philippine executives are more transparent compared with their regional peers, according to an expert on emerging markets.

“We’ve been satisfied with corporate governance in the Philippines for major companies so far because they have been quite transparent,” Dr. Mark Mobius, executive chairman of Templeton Emerging Markets Group told reporters in a briefing.

Mobius said executives in the Philippines were transparent and were able to communicate their messages to their shareholders.

“But smaller companies, that’s another question,” he added.

To further improve a company’s corporate governance ranking, Mobius urged Philippine firms to communicate more with their shareholders and issue quality reports focusing not merely on audited figures, but a management report-updating shareholders on what is happening in the company.

Templeton, which has been investing in the Philippines since 1987, closely looks at a firm’s independent directors, related party transactions, ownership, and history in terms of corporate governance before investing.

“Corporate governance is above anything because unless you have good corporate governance, you have a very real risk of losing all your investments,” Mobius said.

Mobius backed the establishment of the Maharlika Board, a special board for firms subscribing to higher corporate governance standards, saying it would be a “big plus” for the Exchange to boost investor confidence in the Philippines.

While the Maharlika Board and the establishment of real estate investment trusts are laudable, he stressed the need for more companies to go public to provide foreign investors options when investing here.

“We need more shares in the market, to see new companies coming to the market. If they don’t see enough liquidity, they shy away from investing here,” Mobius said.


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    27  July  2011 Subsribe Now !
• Port planned for West Papua
Subcribe: Asean Affairs Global Magazine
• Green energy in Indonesia pushes ahead Asean Affairs Premium
• Internet use expands in Indonesia
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Malaysian FDI to hit US$ 10 billion
• Philippine executives have transparency
• Customers want green products
• Thai drug companies look at AEC
• Vietnamese FDI rises again in July p

Asean Analysis    27  July  2011

Advertise Your Brand
• Is Laos playing it straight? Sponsor Our Events

Asean Stock Watch    27  July  2011 

• Asean Stock Watch-June 27 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2021 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand