Philippines

Fitch Ratings outlook revision on PH welcome dev't

Fitch Ratings outlook revision on PH welcome dev’tBy Joann Villanueva MANILA (Philippines News Agency) — An economist of ING Bank Manila dubbed as a welcome development Fitch Rating’s upgrade of its outlook on the Philippines’ credit rating from “stable” to “positive” on account of the sustained improvement of macroeconomic policies. In a statement, ING Bank … Continue reading

Philippines

Philippine gov’t eyes A credit rating over the next 2 years

PH gov’t eyes A credit rating over the next 2 years By Joann Villanueva MANILA (Philippines News Agency) – Philippine officials aim to elevate the country’s investment grade credit rating to A level over the next two years given the sustained robust domestic growth and proven resiliency. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno, … Continue reading

Palace welcomes Moody’s positive report on PHL economy
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Palace welcomes Moody’s positive report on PHL economy

Palace welcomes Moody’s positive report on PHL economy MANILA (Philippines News Agency) — Malacanang on Tuesday welcomed the international credit rating firm Moody’s latest forecast that the Philippines’ economy likely grew by 7.05 percent in the final quarter of 2016. “We welcome the most recent report released by the global debt watcher, Moody’s, stating that … Continue reading

Alberta issues statement on Moody’s credit downgrade
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Alberta issues statement on Moody’s credit downgrade

News Release Statement from Minister Joe Ceci on Moody’s credit rating   President of Treasury Board and Minister of Finance Joe Ceci issued the following statement about Moody’s credit downgrade. “Today’s credit rating downgrade is a disappointment. Around the world, companies and governments engaged in petroleum production are facing ratings downgrades. In Alberta, we are … Continue reading