What a great consolation to find that the Editorial Notes we had last March 2017 about "Women Empowerment in the Philippines", had found its way to be published in the International Accounting Bulletin (IAB) last March 2017 as requested by Morison KSi's Global Executive Office, our Firm's (Villaruz, Villaruz & Co., CPAs) international affiliation in the line with the celebration of International Women's Day.
Women Empowerment in the Philippines
It is truly remarkable how women in the Philippines are truly empowered. Impressively, among the 144 countries surveyed by the World Economic Forum's Global Gap 2016 report, the Philippines is number one in gender equality in Asia, and seventh in the world.
As we step into the New Year, we have two options to be excited or to be anxious of what the year has in store for us. But no matter how pessimistic our view of the year ahead, the best alternative is really to see it in a more positive note.
December is that time of the year when we are able to see in retrospect what has happened during the year, how the country has progressed, how we have been and how our lives were changed. Hopefully, most, if not all, happened for the better.
This month, we give tribute to the CFO–the Chief Financial Officer–a Trusted Partner in a company’s growth and progress. CFOs are an important and integral part of the company’s leadership . . .
Sustainable economic growth and progress. Inclusive growth and development. Peace and order. Better means of transportation system. Comfortable roads and ease of communications. Better access to Education for the poor. Housing for the poor. Better lives for the Filipinos. These are our simple dreams for the nation.
It is important for us to be forward thinking and visionaries. How could we have avoided the recent illegal transfers of funds into our country’s financial system? How could we have prevented this from happening? Many questions and many options. In this day and age, we could have modern and real time technology to assist us but have we maximized what technology can offer us? Your answer is as good as mine. Definitely not. We still have a lot of rooms for system improvements in this area. A lot to hope and wish for. For good and clean elections to happen so that the needed infrastructures, both technological and structural reforms are implemented soonest.
Vibrant faith and greater hope usher every coming of a new year. For our country, we see good economic indicators that 2016 will be a good year for the Philippines. Moody’s Investors Service’s report released last February 1, 2016 showed the Philippines' rapid economic growth of 6.3% for the fourth quarter of 2015 notwithstanding the unstable global financial condition.The country's annual growth of 5.8% is considered respectable despite negative global external factors.
FINEX is a non-stock, non-profit, non-political association which aims to promote the progressive and innovative application of financial knowledge and skills in beneficial service to society and in support of financial inclusion for all Filipinos.