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Philippines is top emerging economy—French firm

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Growth-sign

The Philippines is among the top countries with “emerging economies,” a French credit body said in its latest economic publication.

Posted: March 28th, 2014 in Latest Business Stories | Read More »

Fitch affirms PH investment grade rating

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AFP FILE PHOTO

The Philippines’ “investment grade” status was affirmed by Fitch on Tuesday, citing the country’s strong macroeconomic fundamentals.

Posted: March 25th, 2014 in Latest Business Stories | Read More »

PSBank gets triple-A credit rating from PH Rating Services Corp.

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Screengrab from http://www.psbank.com.ph

The Metrobank group’s thrift bank arm Philippine Savings Bank has obtained a triple-A credit rating from local credit watcher Philippine Rating Services Corp. for a proposed debt issuance of up to P3 billion.

Posted: February 27th, 2014 in Latest Business Stories | Read More »

Won in a million

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To the bright boys of our leader Benigno Simeon (aka BS), when we get some good news from foreign credit rating agencies, such as the recent “investment grade” given by Moody’s Investor Service, all the credit belongs to our leader, BS.

Posted: October 13th, 2013 in Columnists,Inquirer Columns | Read More »

Moody’s upgrades PH credit rating to `investment grade’

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National Treasurer Rosalia de Leon: Overreaction.  INQUIRER FILE PHOTO

International debt watcher Moody’s Investor Service has upgraded the country’s sovereign credit rating to “investment grade,” citing the economy’s resilience in the face of volatility in financial markets due to its healthy growth prospects.

Posted: October 3rd, 2013 in Latest Business Stories | Read More »

Moody’s starts review of PH rating

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The government’s failure to spend its budget within schedule will be one of the main issues to be discussed in meetings between state economic managers and representatives from Moody’s Investor Service this week.

Posted: July 29th, 2013 in Headlines | Read More »

S&P: Improving global economy a boon to PH

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Standard & Poor's

An improving global economy and favorable local developments are increasing the Philippines’ chances of getting an investment grade soon, according to ratings agency Standard and Poor’s.

Posted: March 14th, 2013 in Latest Business Stories | Read More »

Top CEOs bullish on Philippines

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A Filipino trader blows a horn during the last day of trading this year at the Philippine Stock Exchange in the financial district of Makati on Dec. 28, 2012. 2012 is claimed to be one of the best years ever for the Philippine economy, with the GDP expected to surpass 5 to 6 percent and the stock market ending the year on its 38th record high.  AP/AARON FAVILA

The year 2012 is claimed to be one of the best years ever for the Philippine economy, with the gross domestic product expected to surpass the government’s target of 5 to 6 percent and the stock market ending the year on its 38th record high, making it the second-best performing market in Asia behind Thailand.

Posted: December 30th, 2012 in Latest Business Stories,Photos & Videos | Read More »

BSP sees increase in foreign investments in ’13

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The Bangko Sentral ng Pilipinas has expressed optimism that foreign direct investments will increase in 2013, citing the country’s improving macroeconomic fundamentals and prospects of an upgrade in its credit rating. “We are quite optimistic about FDIs due to reports by investment promotion agencies on interest among foreign firms to relocate to the Philippines or [...]

Posted: December 25th, 2012 in Editor's Pick,Headlines | Read More »

S&P raises Philippines outlook to ‘positive’

Standard & Poor's

Standard and Poor’s raised its outlook on the Philippines’ credit rating to “positive” from “stable” on Thursday, boosting the prospects of a long-sought investment-grade rating as early as next year.

Posted: December 20th, 2012 in Latest Business Stories | Read More »

S&P raises Meralco’s long term-credit rating

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meralco-logo

Standard & Poor’s Rating Services has raised the long-term corporate credit rating of Manila Electric Co. (Meralco), the country’s biggest power distributor, to BB- from B+ due to the utility’s improved business and financial risk profiles.

Posted: November 28th, 2012 in Latest Business Stories | Read More »

Moody’s cuts France’s top credit rating to ‘Aa1′

moodys_logo

The international ratings agency Moody’s cut France’s top credit rating by one notch to “Aa1″ Monday and maintained a negative outlook, meaning that another downgrade was possible.

Posted: November 20th, 2012 in Latest Business Stories | Read More »

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