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

PH economic freedom ranking ‘significantly better’

PH economic freedom ranking ‘significantly better’ By Joyce Ann L. Rocamora   MANILA (Philippines News Agency) — The Philippine Embassy in Washington DC cited the country’s “moderately free” economic status in the Heritage Foundation 2018 Index of Economic Freedom (IEF) as “significantly better” than the global and regional averages. On Saturday (Philippine Time), Philippine Ambassador to … Continue reading