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With another upgrade, weight on banks seen lifted

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Banks could be allowed to set aside even less money to cover their holdings of government IOUs if the Philippines were to receive another credit upgrade from a second major ratings firm.

Posted: June 16th, 2014 in Headlines | Read More »

How can I benefit from credit upgrade?

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pse

Q: The stock market went up last week because of the credit rating upgrade by S&P for the Philippines. I am curious about how this credit rating will exactly affect our economy and the stock market in general. Can you explain?—Marjeline Lao by e-mail

Posted: May 14th, 2014 in Columnists,Inquirer Columns | Read More »

Credit upgrade means more social projects, infra, jobs in PH

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INQUIRER FILE PHOTO

The latest sovereign ratings upgrade the Philippines won from Standard & Poor’s (S&P) this week gives the country more than just bragging rights for having earned its highest credit rating ever.   Officials said the improved rating, which they claimed represents the international community’s more favorable view of the Philippine economy, should translate into tangible […]

Posted: May 10th, 2014 in Headlines,Latest Business Stories | Read More »

BSP eyes measures to curb peso climb

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Bangko Sentral ng Pilipinas building INQUIRER FILE PHOTO

The Bangko Sentral ng Pilipinas said 2013 could be a challenging year as far as preventing an even steeper appreciation of the peso was concerned, noting that a potential investment grade credit-rating for the country could drive more foreign portfolio investments.

Posted: December 23rd, 2012 in Editor's Pick,Headlines | Read More »

BSP gears up for PH credit upgrade with P30B fund

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bsp-logonew

The Bangko Sentral ng Pilipinas will pursue P30 billion in additional capitalization that Malacañang has yet to provide, in an effort to prepare the regulator for an anticipated investment-grade credit rating scenario.

Posted: October 22nd, 2012 in Latest Business Stories | Read More »

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