Business & Travel

ignacio.bunye

 

SPEAKING OUT

(Conclusion)

IN the previous column, we discussed the definition of money laundering and how criminals go about the “laundering” process of turning their dirty money into clean cash.

ignacio.bunye

 

SPEAKING OUT

(First of two parts)

ALONG with alleviating poverty, increasing monetary transparency, and improving the public’s financial literacy, one of the Bangko Sentral ng Pilipinas’s advocacies is its contribution to the global fight against money laundering.

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Special to the Filipino Reporter

(All photos by Wendell Gaa)

 

HONG KONG — There is so much about this international metropolis that excites, intimidates, bewilders and fascinates a first-time visitor all at the same time.

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      CARLOS SORRETA

 

The Philippines has urged the United Nations Security Council to take a “balanced” approach to addressing international terrorism and called on governments to “exercise due care and diligence” in issuing travel alerts, the Philippine Star reported.

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MANILA — The Philippines ranked 97th out of 169 countries in the United Nations Development Program (UNDP)’s annual Human Development Report, which measures quality of life.

The Philippines improved in ranking from 2009, when it placed 105th.

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