The central bank expressed confidence that other credit rating agencies would recognize the Philippines’ sound macroeconomic fundamentals and further upgrade its investment rating after last week’s rating action by Standard & Poor’s Ratings Services (S&P).
S&P on May 8 raised the country’s long-term sovereign credit rating to BBB from BBB- with a stable outlook. The latest upgrade follows S&P’s rating action in May 2013, when it assigned the Philippines an investment grade rating.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.