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Peaceful elections, good credit ratings raise property performance


The first half half of the year will be over in a month. Following a generally orderly May 13 national elections, favorable international credit ratings and property experts’ assessments have shown the property sector is flourishing.

Posted: May 17th, 2013 in Featured Gallery,Headlines,Inquirer Features,Property Guide | Read More »

Local stock index seen hitting 7,400 this year


The Philippine Stock Exchange index may hit the 7,300 to 7,400 level this year as the Philippines attains investment-grade credit rating and further liquidity is released from special deposit account (SDA) rate cuts, investment bank First Metro Investment Corp. said Tuesday.

Posted: March 12th, 2013 in Latest Business Stories | Read More »

PH, other countries hailed for less dependence on foreign funds

UPGRADE.  The Philippines’ debt rating got a boost on Wednesday after Moody’s Investor Service upgraded it by a notch to Ba2.

Moody’s Investors Service has cited the Philippines and other emerging markets in Asia for their declining dependence on foreign funds to support government operations.

Posted: March 1st, 2013 in Latest Business Stories | Read More »

Biz Buzz

Trade Undersecretary Cristino Panlilio is all set to leave his office by Jan. 15. Photo from dti.gov.ph

Waiting game   Most people are betting that Standard & Poor’s will be the first major global credit rating agency that will give the Philippine government its first taste of an investment grade, given the recent change in the agency’s outlook to “positive” from “stable.”   But don’t be surprised if Fitch Ratings beats S&P [...]

Posted: December 30th, 2012 in Editor's Pick,Headlines | Read More »

BSP sees investment grade for PH under Moody’s formula


Despite recent favorable developments in the country’s credit ratings, the Philippines remains the most underrated economy in the world.

Posted: July 9th, 2012 in Headlines | Read More »

Bangko Sentral expects credit upgrade in 2nd half


The Bangko Sentral ng Pilipinas said it believed another credit-rating upgrade for the country was likely in the second half. There is merit to projections of an improvement in the country’s credit scores before the year ends, the BSP said, given the favorable developments in the economic environment. “We share that thought (that an upgrade [...]

Posted: June 11th, 2012 in Headlines | Read More »

Credit watchdogs stand pat on PH rating decision

Moody’s Investors Service and Standard & Poor’s are standing pat on their rating decisions, saying that there is a good reason why they still consider Philippine bonds to be junk.

Posted: May 7th, 2012 in Headlines | Read More »

DOF expects credit ratings upgrade for Philippines


The Philippines should expect an upgrade from credit ratings firms in the near future, given the country’s improved economic prospects under the Aquino administration, the government’s chief economic manager yesterday said.

Posted: March 24th, 2012 in Editor's Pick,Headlines | Read More »

Bank credit ratings face downward pressure

Philippine banks face downward pressures on their credit ratings after the Bangko Sentral ng Pilipinas has scrapped the interest paid on their reserves. AFP

Moody’s Investors Service said banks in the Philippines face downward pressures on their credit ratings following the move of the Bangko Sentral ng Pilipinas to scrap the interest paid on their reserves.

Posted: February 14th, 2012 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Philippine credit rating on track for upgrade


The Philippines’ global credit rating may be raised to investment grade within a year following five “positive actions” from credit watchers in 2011, according to the central bank.

Posted: January 4th, 2012 in Headlines | Read More »

Aquino officials to seek upgrade of PH credit ratings


Some members of President Benigno Aquino III’s economic team accompanying him on his current US visit are to stay behind to ask credit rating agencies to take a second look at the country’s sovereign credit rating which Philippine authorities believe are underrated by two to three notches.

Posted: September 20th, 2011 in Latest Business Stories | Read More »

Moody’s sees 5-6% growth for Philippine economy in 2011, 2012


Moody’s Investors Service has kept a favorable growth outlook for the Philippines, saying the economy could grow between 5 and 6 percent for 2011 and 2012.

Posted: July 11th, 2011 in Latest Business Stories | Read More »



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