Take context from the input text and decide on the accurate relationship between 'Philippines' and 'ASEAN' from the options provided.
Options: member of, business division, creator, parent organization

MAKATI CITY - Central bank of Philippines Deputy Governor Diwa Guinigundo speaks at second ASEAN fixed income summit TUESDAY, SEPTEMBER 29 TOKYO - OECD E-Leaders 2015 (to Sept. 30).
member of