Climate Risk and Credit Stability in the Philippines
A Growing Financial Risk that Businesses Cannot Ignore Over the years, the Philippines has been known for its exposure to numerous natural disasters. Yet, a recent study from Fitch Ratings emphasized a more complex problem: climate-related risks are now becoming a related financial and credit concern for the country’s economy. According to Fitch Ratings, a […]
PFRS 18: New Accounting Standard for Philippine Financial Reporting
A Major Financial Reporting Shift Is Approaching in 2027 Financial reporting is about to go through an evolution — and it has been considered significant in recent years. With the issuance of the International Financial Reporting Standards (IFRS) 18 by the International Accounting Standards Board (IASB) in April 2024, its international adoption is set to […]
Expert Insights on Artificial Intelligence, FinTech, Forensics, and Corporate Governance
Last March 6, 2026, industry leaders, finance professionals, technologists, and governance experts from other regions gathered at the Golden Phoenix Hotel Manila for the forum “Artificial Intelligence, Forensics, FinTech, & Corporate Governance”. The event was partnered by Babylon2k and its trusted partner, UHY M.L. Aguirre & Co., CPAs, that brought together over 200 participants both […]
Digital Innovation That Includes Everyone: Insights from the Cotabato ICT Summit
from Babylon2k’s Founder & Senior Partner of UHY M.L. Aguirre & Co.,CPAs at the Cotabato 1st ICT Summit Michael L. Aguirre Establishing Your Digital Fortress Last March 3, 2026, leaders from the government, academe, non-government organizations, MSMEs, and the private sector gathered in Kabacan for the Cotabato 1st ICT Summit, wherein they had an overall […]
Expanding AI in 2026: What Asia-Pacific Enterprises Must Get Right
Way back, Artificial Intelligence (AI) was just a side experiment, but now? — it is one of the boardroom-level investment priorities. A recent study entitled “Lenovo CIO Playbook 2026: The Race for Enterprise AI”, with insights from the International Data Corporation (IDC), found that 96% of enterprises across the Asia Pacific Region plan to increase […]
Why Sustainability Reporting Matters Now: From ESG to Mandatory Disclosure
For a long time, Environmental, Social, & Governance (ESG) and Sustainability Reports were primarily regarded as branding instruments, serving to highlight and showcase various initiatives. In the present, that era is over. Sustainability Reporting is now entering the same regulatory mandate as Financial Reporting. With the establishment of the International Sustainability Standards Board (ISSB) under […]
Corporate Housekeeping in the Philippines: A Guide for Corporate Secretaries
With the recent major updates and monitoring from the Securities and Exchange Commission (SEC), such as increasing transparency standards and digital filing systems like eFAST and HARBOR — companies have no room for missed filings, outdated documents, and careless recordkeeping. Indeed, today’s stricter regulatory landscape makes corporate housekeeping not just an administrative duty; but rather, […]
How to Account for Inventories: A Practical Guide for Businesses
For many businesses and startups, Inventory is one of the crucial assets on the balance sheet — practically because it is the main derivation of sales. Yet, it is also one of the most misunderstood. Inventory is not just about “stock”; it is cash sitting on your shelves or in your stockrooms. If recorded inappropriately, […]
Philippine SEC Updates: What Businesses Should Know in Early 2026
SEC Just Changed the Compliance Landscape The Securities and Exchange Commission (SEC) has released major regulatory updates this first quarter of 2026, and notably — these are not just procedural changes but substantial in form. The changes are pertinent to: Statutory audit requirements Authorized Capital Stock (ACS) increases Beneficial Ownership Disclosures through HARBOR General Information […]
Global Tech Failures: Why Philippine Businesses Must Respond Immediately
Most of the corporate entities today — from banking systems, to logistics platforms, e-commerce stores, and other forms of business organizations, are exposed to the growing risk of global technology failures as they rely on major cloud providers. With the recent service failures in 2025, indeed, global technology providers are not immune to technical disruptions. […]