Purisima: We welcome the upgrade, but we are still a notch underrated The Department of Finance welcomed news of Moody's upgrading the Philippines' credit rating from Baa3 to Baa2 by…
Credit rater cites continued favorable growth prospects relative to peers The Philippines secured another credit-rating upgrade from Moody’s Investors Service, which recognized the country’s declining debt burden, favorable growth prospects…
"We are pleased to find out that Moody's Investors Service, after much deliberation, has raised the Philippines to an investment grade rating, with a positive outlook. The Philippines' sound fiscal…
“It is with great pride that I learned today that Ratings and Investment Information, Inc., changed the Philippine Rating Outlook to 'Positive' from 'Stable' while affirming our investment grade rating…
"We thank S&P for recognizing the continued improvement of the country's fundamentals. With this action, we are now only half a step towards formally gaining investment grade, which the market…
A little more than two years after the Aquino administration took office, the Philippines has successfully placed itself just one notch below investment grade in all three major credit ratings…
"We thank Moody's for recognizing the significant progress that the Aquino administration has undertaken to improve the country's economic fundamentals. This 9th positive ratings action is another affirmation of the…
Manila, Philippines, August 24, 2012 - Following the successful investor presentations of the Philippine Government in the United States last June, the country's economic team led by Finance Secretary Cesar…
This is one more step in our march towards investment grade, towards reducing the gap between the market rating and the credit rating, and more importantly towards a more sustainable…
