Philippines : the next Asian tiger / Josn Galang

Emerging from the 1980s -- Embracing democracy and political stability -- Economic overview -- History of the economy -- II The economy -- Profile of the economy -- Government economic policies -- Introducing the free market -- Trade liberalisation -- Infrastructure development -- III A regional partner -- At the heart of Asia -- Major regional trade and investment partners -- The Association of South-East Asian Nations (ASEAN) -- The ASEAN free trade area -- Expanding and investing in neighbours -- IV The corporate sector -- Major conglomerates and holding companies -- Corporate finance -- V The financial sector -- The role of the central bank -- Review of the banking system -- Market liberalisation and competition: foreign banks arrive insurance companies -- VI The equity market -- Market performance -- Market structure and operation -- Main traded stocks -- Indices -- Unification -- Listing requirements -- International Philippine equities -- Continuing reforms -- Market transparency and research -- Clearing, settlement and custody -- VII The debt markets -- Government securities -- The corporate debt markets -- Current concerns -- Raising international capital: public and private -- Derivatives and structured finance VIII Foreign investment -- History of foreign investment -- Investment incentives -- Investment strategy -- Foreign investment in the 1990s -- Portfolio investment -- IX The regulatory environment -- Regulatory agencies -- Aspects of corporation law -- The foreign investment act of 1991 -- Regulation of the financial system -- Incentives to foreign investment -- X Taxation and accounting -- Taxation -- Introduction -- Resident corporations -- Other foreign corporations -- Partnerships and joint ventures -- Taxation of individuals -- Withholding taxes -- Estate and gift taxes -- Indirect taxes -- Social security taxes and other payroll taxes -- Local taxes -- Tax treaties -- Financial reporting and auditing -- Statutory requirements -- Sources of accounting principles -- Accounting principle and practices -- Financial reporting -- Audit requirements -- Accounting profession.