MANILA, Philippines — The Home Development Mutual Fund, commonly known as Pag-IBIG, has received the highest evaluation granted by the Commission on Audit (COA) for its financial statements. In a ...

GDP contracted by 9½ percent in 2020—a much steeper decline than during the Asian Financial Crisis (AFC)—but it is now recovering with the easing of containment measures and economic policy support.

MANILA, Philippines — The Securities and Exchange Commission (SEC) wants to exempt micro, small and medium enterprises (MSMEs) from the mandatory submission of audited financial statements in a bid to ...

Financial statements are essentially the report cards for businesses. They tell the story, in numbers, about the financial health of the business. The information found on the financial statements of ...