News Articles on fitch-solutions

ABS-CBN News
Posted at Nov 23 07:22 PM

The peso has picked up in recent weeks after falling to as low as P59 to the dollar in early October. Read more »

PH economy seen to grow faster in 2022 before waning next year: Fitch Solutions

ABS-CBN News
Posted at Nov 11 12:25 PM

Fitch Solutions on Friday said it raised its Philippine economic growth forecast for 2022 due to the faster-than-anticipated third-quarter output. Read more »

PH current account deficit to widen: Fitch Solutions

ABS-CBN News
Posted at Jul 11 05:43 PM

Fitch Solutions said it expects the Philippines’ current account deficit to further widen because of higher food and energy prices. Read more »

Fitch Solutions raises its BSP rate hike forecast to 3.25 percent in 2022

Jessica Fenol, ABS-CBN News
Posted at Jun 27 09:20 AM

The Bangko Sentral ng Pilipinas may hike its key policy rate to 3.25 percent by the end of the year, Fitch Solutions said Monday, after revising its forecast higher due to "mounting inflationary pressures." Read more »

Infrastructure likely to stay at 'forefront' under Marcos: Fitch Solutions

ABS-CBN News
Posted at Jun 09 12:23 PM

Fitch Solutions Inc said the incoming administration of President-elect Ferdinand Bongbong Marcos Jr. is likely to focus on infrastructure. Read more »

Fitch Solutions sees 'policy continuity' under Marcos Jr.

ABS-CBN News
Updated as of May 11 12:26 PM

Fitch Solutions =said it was expecting a "smooth transition" and a policy continuity after former Senator Ferdinand "Bongbong" Marcos Jr. won the 2022 polls. Read more »

Philippines to grow 6 percent in 2022: Fitch

Warren de Guzman, ABS-CBN News
Posted at Mar 30 07:59 PM

Fitch Solutions said the Philippines would be the third best performer in Asia for the year, behind only India and Vietnam. Read more »

PH budget deficit seen to narrow in 2022: Fitch Solutions

ABS-CBN News
Posted at Jan 14 12:18 PM

The Philippines' budget deficit is seen to narrow in 2022 but is likely to remain higher compared to its pre-pandemic level, Fitch Solutions told ANC. Read more »

BSP seen to 'gradually' tighten monetary policy in 2022

Jessica Fenol, ABS-CBN News
Posted at Dec 17 01:34 PM

The Bangko Sentral ng Pilipinas could begin gradually tightening monetary policy in 2022 by bringing interest rate to 2.75 by the end of next year, Fitch Solutions said Friday. Read more »

BSP seen hiking rates by 75 bps in 2022

ABS-CBN News
Posted at Nov 22 11:18 AM

The Bangko Sentral ng Pilipinas will keep its benchmark rate steady this year but is likely to hike rates by 75 basis points next year, Fitch Solutions said on Monday. Read more »

Fitch Solutions raises PH economic forecast to 4.5 percent in 2021

ABS-CBN News
Posted at Nov 10 02:08 PM

Fitch Solutions on Wednesday said it revised upwards its 2021 economic forecast for the Philippines to 4.5 percent from 4.2 percent. Read more »

Sara in presidential race still possible: Fitch Solutions

ABS-CBN News
Posted at Oct 12 01:07 PM

Sara Duterte-Carpio may still run for president despite not filing her candidacy for the post, Fitch Solutions said Tuesday, citing a "loophole" in the country's electoral laws. Read more »

BSP seen to hasten rate hikes in 2022: Fitch Solutions

ABS-CBN News
Posted at Sep 27 10:46 AM

The Bangko Sentral ng Pilipinas is likely to implement faster key policy rate hikes in 2022 up to a total of 75 basis points, Fitch Solutions said Monday. Read more »

Fitch Solutions sees peso weakening in near term

ABS-CBN News
Posted at Sep 22 04:57 PM

Fitch Solutions said this was because of the uncertainty around the country’s handling of the COVID-19 crisis, low rates, and weakening fundamentals. Read more »

Fitch Solutions sees risk of political instability ahead of polls

ABS-CBN News
Posted at Sep 13 03:58 PM

Policy-making may be affected by "political jostling" at a time when Philippine economic recovery remains weighed down by the COVID-19 pandemic. Read more »

Fitch Solutions lowers Asia outlook on Delta threat

ABS-CBN News
Posted at Aug 30 02:03 PM

Fitch Solutions lowered its growth outlook for Asia’s emerging economies on Monday citing the fresh disruptions caused by COVID-19’s Delta variant. Read more »

PH told to address cycle of lockdowns to boost recovery

ABS-CBN News
Posted at Aug 17 01:12 PM

The cycle of lockdowns in the Philippines remains a threat to its economic recovery, Fitch Solutions said Tuesday, after it downgraded its outlook for the country this year. Read more »

Fitch Solutions downgrades PH growth outlook

ABS-CBN News
Updated as of Aug 14 11:19 PM

Fitch Solutions on Thursday downgraded its growth forecast for the Philippines to 4.2 percent from an earlier outlook of 5.3 percent saying the country continues to struggle amid new COVID-19 outbreaks Read more »

Any COVID lockdown extension a risk to Philippine economic growth prospect: analyst

ABS-CBN News
Posted at Aug 02 11:45 AM

The Philippine economy could grow by 5.3 percent this year but a further extension to the new Delta lockdown could hurt prospects, Fitch Solutions said Monday. Read more »

PH consumer spending seen fully recovering only in 2022 as vaccination lags

ABS-CBN News
Posted at Jul 29 01:47 PM

Fitch Solutions noted that the Philippines' vaccination drive lags behind the wider Asia region, with just 9.9 percent of the population having received at least one dose on July 23. Read more »

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