Speech of Secretary Cesar Purisima during FEU’s 85th Commencement Exercise

Finance Secretary Cesar Purisima Speech during the 85th FEU Graduation Ceremonies, Institute of Accounts, Business, and Finance. 29 April 2013 Graduation speeches often take on the character of the person delivering them. I am not a priest, so dont expect me to preach to you. Im not an inventor, so I cant tell you about the magic of scientific discovery. Im not a philosopher, either, so dont... read more

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2013 Philippines Economic Briefing

Closing remarks of Secretary Cesar V. Purisima: During the Philippine Economic Briefing [Delivered at the Reception Hall, PICC, on February 13, 2013] We have witnessed the first new chapters of a success story built on a simple premise that good governance is good economics, sometimes referred to as Aquinomics. Aquinomics is about an unwavering commitment to reform and build institutions... read more

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2013 Extractive Industries Transparency Initiative

TRANSCRIPT Extractive Industries Transparency Initiative speech Finance Sec. Cesar Purisima January 18, 2013 CVP: Good morning to everyone. I actually started my career in the accounting profession but in the mining side of the accounting profession. In fact, my first stint as an auditor is with Atlas Consolidated at that time, the worlds largest mining operation. I also spent some time... read more

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Purisima on Asean Finance Minister Investment Seminar, HK

TRANSCRIPT Speech Finance Sec. Cesar Purisima Asean Finance Minister Investment Seminar, HK October 2012 Purisima: Were here in HK for two reasons. Today, were here for a non-deal roadshow for the Philippines. Tomorrow, the Philippines is hosting the ASEAN Finance Ministers Investment Seminar. We decided to host it in Hong Kong instead of Manila because there are more regional investors and... read more

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Purisima on Cebu Roadshow

TRANSCRIPT Finance Sec. Cesar V. Purisima Cebu Roadshow August 2012   Purisima: It is my distinct honor and pleasure to represent the president of the Philippines in this forum. We are blessed with a president who truly cares; a president who truly wants to transform the country; a president who has the political capital to tackle the difficult challenges we face; and a president who... read more

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Purisima on Asia Finance and Risk Mitigation Forum

  TRANSCRIPT Finance Sec. Cesar V. Purisima Asia Finance and Risk Mitigation Forum Asian Institute Management April 30, 2012 Purisima: We thank the ADB for putting the eye of Asia, the eye of the financial world on the Philippines. In fact, the whole week, there will be an eye on the Philippines featured in CNN. The ADB meeting is like a coming out party for the Philippines under the... read more

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Purisima on Euromoney Conference

TRANSCRIPT Finance Sec. Cesar V. Purisima Euromoney Conference March 27, 2012 Purisima: 2015 is a very important year for us in the Philippines. Thats when we will integrate as one single economic community. In an integrated Asean, the Philippines will have the second largest population and the most mobile population, and this market of close to two trillion will be a very important... read more

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2012 Speech

TRANSCRIPT Speech [As delivered] Finance Sec. Cesar V. Purisima February 10, 2012   *First 8 minutes inaudible   Interest rates are shrinking. In fact, bank will have challenging times also making money. You have to be truly efficient to squeeze that intermediation margin. In the case of your industry, you need bigger capital basis so that 1) you can reduce your overhead; you reduce your... read more

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