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PH seen getting another upgrade

Debt watcher Moody’s Investor Service, the only rating firm that still considers the Philippines as junk, has hinted at a possible upgrade for the country following the country’s better-than-expected first quarter economic growth.

Posted: June 3rd, 2013 in Headlines | Read More »

Gov’t pushes bid to get rating upgrade

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The government has set aside P30 billion from this year’s national budget as contingency fund for the Public-Private Partnership program. “This [P30 billion] will cover commitments made and obligations of the national government in the concession agreements for PPP projects,” Budget Secretary Florencio Abad (in photo) was quoted as saying in a report on the 2014 national budget published by Global Source. INQUIRER FILE PHOTO

Government economic managers on Wednesday expressed confidence in the government’s achieving investment-grade credit rating this year as they further advance reforms and what they described as mounting investor confidence in the country.

Posted: February 14th, 2013 in Editor's Pick,Headlines | Read More »

Philippines seen to finally make investment grade

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Global credit watchers Moody’s Investor Service and Standard and Poor’s recently cited improvements in the Philippine economy and hinted at a possible rating upgrade for the country in the short term.

Posted: March 27th, 2012 in Latest Business Stories | Read More »

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