“A few hours ago, we received word that the US Government would enter a partial shutdown due to political disagreements over the passage of the next budget. This is highly unfortunate for the rest of the world, as even countries like the Philippines are taken on a wild economic ride because of the political game of chicken in Washington.
Read More“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 of BBB-. The gains of good governance are again recognized by those who monitor world economies, with our tax collection reforms and our landmark sin tax reform law contributing greatly to the positive outlook.
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