President's Message
Atty. Benedicta Du-Baladad Message from the President:

Benedicta Du-Baladad

To FINEX members and friends,

November 2017 Issue

We are now on the final stretch of 2017. This year has been one of the busiest and exciting for both FINEX and the country.

Earlier this month, our country was once again placed in the limelight as we hosted this year’s ASEAN Summit. The summit provided us to showcase what our country can share to the world and the creativity of the Filipino people. Indeed, the recent hosting of the ASEAN summit placed our country

Read More
Print PDF


The Financial Executive holds a position of trust and confidence. This fiduciary role should be paramount consideration in his dealings, both internal and external. He must act with utmost fairness and according to the highest moral principles, consciously and consistently pursued.


Loyalty to the Organizations. He should be loyal to the Organization he serves and work towards the attainment of its legitimate goals and objectives. Should he believe strongly that any goal, policy or directive of his Organization is immoral or otherwise illegal, he has an obligation to seek clarification and guidance. If his belief were to remain unshaken, within reason, he should seek to have such a guideline rectified or removed. In an extreme situation, the Financial Executive should prefer to dissociate himself from the Organization, rather than be a party, whether actively or tacitly, to a grave injustice or fraud. 
2.Keeping of Books and Records. He should fully, promptly and accurately document and reflect in the proper books and records, all business transactions of the Organization, in accordance with generally accepted accounting principles and in consonance with the Organization's relevant guidelines and policies.
3.Resource Management. He should prudently manage and conscientiously safeguard the Organization's funds and assets, accurately reflecting them in the record and allowing access and withdrawals only in accordance with established Organization's policies and procedures.
4.Conflict of Interest. He should act in the best interest of the Organization at all times, keeping himself away from situations which would tend to weaken his independence of judgment  and action. He should not only avoid the fact, but also the appearance of conflict of interest.
5.Relationship with Employees. He should act in the best interests of the Organization at all times, keeping himself away from situations which would tend to weaken his independence of judgment and action. He should not only avoid the fact, but also the appearance, of conflict of interest.
6.Compliance with Laws. He should comply with all government laws and regulations, abstaining from any action or activity which may be violative of the same.
7.Contractual Obligations. He should observe strictly the terms and conditions of existing contracts and agreements entered into by the Organization he serves with particular attention to the compliance with the financial terms and conditions of such contracts.
8.Relations with Third Parties. He should promote honesty and fairness in the Organization's relationships with its creditors, customers, suppliers, competitors and with the public at large. He should support clean, healthy competition and the free play of the market forces.
 9.Professional Development, Social and Civic Involvement. He should consciously undertake efforts to upgrade his skills as a financial executive, so that he may consistently render a high level of service to the Organization he serves. He should, likewise, widen his own perspectives by participating in building up the partnership between his Organization and the community in which it operates, and in balancing their respective interests.
 10.Moral Uprightness. While recognizing his own right to privacy, he should nevertheless conduct his private and personal life with due consideration to his position in the management hierarchy, avoiding acts which would tend to reflect adversely on the Organization or to set an improper example for employees.


Forecast and prediction

Manila Times(FINEX FILES)
January 05, 2018

Forecast and prediction

'Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.'Warren Buffett

People often ask me – “What’s going to be the price of bitcoin at the end on 2018”. Without any statistical basis, my unremitting retort is – “I don’t know”.

Golden FINEX rising
J. Albert GamboaBy J. Albert Gamboa

January 5, 2018

Golden FINEX rising

1968 was the year that changed the world, according to Time magazine. Civil rights leader Martin Luther King, Jr. and US presidential candidate Robert Kennedy were assassinated. A youth rebellion paralyzed France and students took over Columbia University in New York. Czechoslovakia tasted freedom for a brief moment in the Prague Spring; Mexico City hosted the Olympics; and the Tet Offensive became the turning point of the Vietnam War.

The Philippine Basketball Association will not die
Zoilo By: Zoilo "Bingo" P. Dejaresco III

January 3, 2018

The Philippine Basketball Association will not die

There were fears politics would put an end to the highly popular Philippine Basketball Association (PBA) tournaments a few weeks ago over a controversial trade involving franchise player Christian Standhardinger.

What to expect in 2018
Mr. George S. ChuaBy Mr. George S. Chua

MANILA BULLETIN (Business Option)
January 2, 2018

What to expect in 2018

My crystal ball tells me that the letter T will loom large in 2018, actually 4 of them, Taxes, Trans portation, Telecommunications, and Tourism. With the recent signing into law of the first phase of the tax reform package, we can see a mixed bag of results that will benefit certain sectors and be disadvantageous to others. Low income earners with an annual income of not more than R250,000 will no longer have to pay any taxes. That is certainly good news for them,

Ethics in media
By Mercedes B. SuleikBy Mercedes B. Suleik

MANILA BULETTIN (Business Option)
December 26, 2017

Ethics in media

The use that people make of the media of social communications can bring about great good or great evil. Today we move in an “information age” wherein all sorts of images, messages, perceptions, and ideas assault our senses every day. Not only is media able to influence society, but they can actually propose ideas and models of behavior that impinge on the whole world.

A Christmas Message
By Dr. Conchita L. ManabatBy Dr. Conchita L. Manabat

December 22, 2017

A Christmas Message

Christmas is one day in a year where most Filipinos take the time and effort to prepare. To some, the preparation commences once the “ber” months start. And of course, there is the usual last minute rush to gear up for it.