‘Mind your int’l relations’

Japanese debt watcher Rating and Investment Information Inc. (R&I) affirmed over the weekend the Philippines’ investment grade at “BBB,” a notch above the minimum, highlighting the country’s sound fundamentals, while urging the government to also pay attention to its international relations.

The BBB rating came with a “stable” outlook, indicating the likelihood that factors supporting the rating will be more or less firm over the medium term under the leadership of President Rodrigo Duterte.