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Tulfo wants 'health rating' on food packaging

Jauhn Etienne Villaruel, ABS-CBN News
Posted at Jan 26 01:09 PM

Sen. Raffy Tulfo said the rating system on labels of packaged food products would allow Filipinos to have a better knowledge of the food they eat. Read more »

Gov't urged: Postpone sovereign wealth fund to protect credit rating

ABS-CBN News
Updated as of Dec 05 10:48 AM

The Philippine government should consider holding off in launching a sovereign wealth fund to protect its credit rating amid the challenging global environment, a business group president said on Monday. Read more »

S&P affirms PH investment-grade rating, stable outlook

ABS-CBN News
Updated as of Nov 21 10:46 AM

S&P Global Ratings said it has affirmed the Philippines' investment-grade long-term BBB+ rating and short-term sovereign A-2 credit rating as the economy recovers. Read more »

Fitch keeps Philippines' BBB rating with negative outlook

ABS-CBN News
Updated as of Oct 27 06:40 PM

Fitch said the 'BBB' rating balances strong growth, external finances and a credible economic policy framework against lagging structural indicators. Read more »

PH borrows $2 billion from foreign lenders via bonds

ABS-CBN News
Updated as of Oct 06 06:07 PM

The Philippines has borrowed $2 billion from foreign lenders via a bond offering to fund its budget, the Bureau of Treasury said on Thursday. Read more »

Fitch lowers outlook for UK rating to negative

Agence France-Presse
Posted at Oct 06 08:38 AM

Fitch lowered the outlook for its credit rating for British government debt from stable to negative after new Prime Minister Liz Truss announced a crash program of debt-fueled tax cuts. Read more »

PH shoots for highest investment grade territory: Marcos

Jessica Fenol, ABS-CBN News
Updated as of Sep 20 05:52 PM

President Marcos said the Philippines is gearing up to reach the highest investment grade credit rating territory in the next few years. Read more »

Moody's affirms Philippines Baa2 ratings with 'stable' outlook

Jessica Fenol, ABS-CBN News
Updated as of Sep 19 10:45 AM

Moody's Investor Service has affirmed the Philippines Baa2 ratings with a stable outlook citing its capacity to meet external debt payments, policy continuation and strong recovery from the COVID-19 pandemic. Read more »

Moody's, S&P downgrade Credit Suisse, sinking shares

Agence France-Presse
Posted at Aug 03 08:38 AM

Ratings agencies Moody's and Standard & Poor's downgraded scandal-hit Credit Suisse, given the restructuring Switzerland's second-biggest bank will have to undertake in a more challenging environment. Read more »

SWS: Duterte maintains 'very good' net satisfaction rating in April 2022

ABS-CBN News
Posted at Jul 13 09:14 PM

Former President Rodrigo Duterte maintained a 'very good' satisfaction rating weeks before Filipinos chose his successor, the SWS said. Read more »

Robredo office gets highest COA rating for 4th straight year

ABS-CBN News
Updated as of Jun 29 10:44 AM

Vice President Leni Robredo on Wednesday said her office received the highest rating from the COA for the fourth straight year. Read more »

[OPINION] All the King’s horses

Dean Dela Paz
Updated as of Jun 23 10:14 AM

High taxes and aggressive collection efforts will remain go-to instruments to mitigate adverse fiscal deficits and rating downsides. Unfortunately, these inflict heavily on businesses yet to recover, and a population cursed with inadequate wages worsened by historic inflation and the threat of stagflation. Read more »

Fitch Ratings revises outlook on PH banks to 'stable'

ABS-CBN News
Posted at Jun 02 09:36 AM

Fitch Ratings revised its outlook on Philippine banks to stable from negative due to continued economic recovery and waning COVID-19 pandemic risks. Read more »

S&P downgrades Chinese state-backed developer Greenland

Agence France-Presse
Posted at May 30 09:17 PM

Standard & Poor's on Monday downgraded Chinese state-backed property developer Greenland over fears the company would default on a bond payment. Read more »

PH debt-to-GDP ratio balloons to 63.5 pct in March

ABS-CBN News
Updated as of May 13 10:06 AM

The Philippines' debt-to-GDP ratio ballooned to 63.5 percent in March from 60.4 percent in December, government data showed. Read more »

J.P. Morgan downgrades PH citing 'myriad challenges'

Jessica Fenol and Michelle Ong, ABS-CBN News
Posted at May 11 12:09 PM

J.P. Morgan said it recommends selling into a possible post-election hope rally as the Philippines faces higher inflation, debt, and slower government spending among others. Read more »

Steady PH credit rating affirms recovery strategy: BSP

ABS-CBN News
Posted at Apr 19 01:10 PM

A Japan-based debt watcher's decision to affirm the Philippines' BBB+ credit rating highlighted the success of the government's recovery efforts, an official said. Read more »

Russia says will 'go to court' if declared in default

Agence France-Presse
Posted at Apr 11 09:02 PM

Russia last week paid its foreign dollar debt in rubles after it was unable to process the payment in foreign currency due to sanctions over Ukraine. Read more »

Fitch to withdraw ratings on all Russian entities

Reuters
Posted at Mar 24 08:32 AM

Fitch will withdraw ratings on all Russian entities and their subsidiaries in order to comply with European Union sanctions, the ratings agency said, as Western nations tighten their grip around Moscow's economy. Read more »

S&P cuts Russia's ratings to 'CC' on debt default risk

Reuters
Posted at Mar 18 08:22 AM

S&P on Thursday lowered its long-term sovereign credit rating on Russia to "CC" from "CCC-", as the country reported difficulties meeting debt-service payments on the due date on its US dollar-denominated 2023 and 2043 Eurobonds. Read more »