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Fitch cuts outlook for Japan credit rating on virus impact

Kyodo News
Posted at Jul 29 04:51 PM

While maintaining the sovereign rating at A, Fitch warned that "sharply wider fiscal deficits in 2020 and 2021, as we project, will add significantly to the country's public debt, which even before the pandemic was the highest among Fitch-rated sovereigns as a share of GDP." Read more »

Moody’s affirms Philippines’ Baa2 rating, keeps 'stable' outlook

ABS-CBN News
Updated as of Jul 16 07:55 PM

Moody’s Investors Service has affirmed the Philippines’ credit rating of “Baa2” with a “stable” outlook, the Bangko Sentral ng Pilipinas said Thursday. Read more »

Philippines has enough funds to fight COVID-19: Budget chief

Jessica Fenol, ABS-CBN News
Posted at Jul 08 01:56 PM

The Philippines has enough funds in its war chest to respond, fight and mitigate the impact of the coronavirus pandemic, Budget Secretary Wendel Avisado said Wednesday. Read more »

Philippines hopes to raise P400B to fund pandemic recovery

ABS-CBN News
Posted at Jun 16 12:35 PM

The Philippines plans to raise up to P400 billion in borrowings to help fund its recovery from the coronavirus pandemic, a finance official said Tuesday.   Read more »

Remittances poised for drop due to virus as BSP pledges to do 'whatever it takes'

ABS-CBN News
Updated as of Jun 16 01:47 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Tuesday dollar remittances this year could shrink due to the coronavirus pandemic, adding he would do "whatever it takes" to support the economy. Read more »

Philippines must pass anti-terror bill to stay off 'gray list': AMLC

Reuters
Updated as of Jun 14 12:20 PM

The Philippines risks being included in an international "gray list" of nations falling short of global money-laundering rules if it fails to enact and effectively implement a new anti-terrorism bill, its anti-money laundering body warned on Saturday. Read more »

BSP chief says S&P credit rating, outlook 'a big vote of confidence' for Philippines

ABS-CBN News
Posted at May 31 11:01 AM

Debt watcher S&P's BBB+ long-term credit rating with a stable outlook for the Philippines is a "big vote of confidence," Bangko Sentral ng Pilipinas governor Benjamin Diokno said Sunday as Metro Manila prepared to ease into general community quarantine amid the COVID-19 pandemic. Read more »

Moody's keeps Philippines' credit rating, outlook as it flags virus risk

ABS-CBN News
Updated as of May 12 10:54 AM

Moody's Investor Service said Tuesday it kept its credit rating and outlook on the Philippines, as it highlighted the economic risk of the COVID-19 pandemic and resulting lockdowns. Read more »

Philippines' path to first 'A' credit rating stalls at Fitch due to pandemic

ABS-CBN News
Posted at May 08 08:17 AM

Fitch Ratings said Friday it lowered its outlook for the Philippines to "stable" from "positive" citing uncertainty over the COVID-19 pandemic, keeping the nation's credit score at one notch below what would be its first ever A rating. Read more »

S&P Global on outlook for Philippine economy, banks

ABS-CBN News
Updated as of Apr 30 05:23 PM

S&P Global Ratings associate director Nikita Anand discusses the prospects for the Philippine economy as the COVID-19 lockdown approaches the second month. Read more »

Moody’s: Postponing debt payments ‘not forgivable’, will lead to downgrade

ABS-CBN News
Posted at Apr 29 07:04 PM

The credit ratings firm on Wednesday said postponing debt payments even during the COVID-19 crisis would be “not forgivable” and would “equate to a default.”   Read more »

SWS: Duterte admin's satisfaction rating rises to 'excellent'

ABS-CBN News
Updated as of Mar 06 02:57 PM

Public satisfaction with the administration of President Rodrigo has risen to "excellent", according to an opinion survey released Friday. Read more »

SWS survey: Majority of Pinoys believe AFP can quell foreign threats, rebels, terrorists

ABS-CBN News
Posted at Mar 05 08:37 PM

MANILA - Most Filipinos believe the country's military can defend the Philippine territory, including the West Philippine Sea, against foreign threats and quell communist rebels and terrorists, a Social Weather Stations (SWS) survey released Thursday showed. Read more »

VP keeps 'good' satisfaction rating; Senate, House leaders 'very good': SWS

ABS-CBN News
Updated as of Mar 03 05:50 PM

The public remained satisfied with Vice President Leni Robredo after her brief stint as drug war co-chair, while more Filipinos approved of House Speaker Alan Peter Cayetano's performance in the last quarter of 2019, an independent survey showed Tuesday. Read more »

Moody’s completes review of PH credit rating

ABS-CBN News
Updated as of Feb 15 06:44 PM

Moody's said Saturday it completed its periodic review of the Philippines' credit rating, after rival debt-watcher Fitch upgraded its outlook on the Philippines.  Read more »

BSP's Diokno says 'urgent' reforms key to first 'A' credit rating

ABS-CBN News
Posted at Feb 12 02:02 PM

The Corporate Income Tax and Incentives Rationalization Act (CITIRA), the Passive Income and Financial Intermediary Tax, amendments to the Anti-Money Laundering Act of 2001 and Agri-Agra laws and reforms in financial consumer protection and deposit secrecy support the government's "Road to A" initiatives, Diokno said. Read more »

Philippines at 'A' credit rating doorstep due to 'very strong' economy: Fitch

ABS-CBN News
Updated as of Feb 12 11:39 AM

The debt watcher upgraded the Philippines' outlook to "positive" from "stable," meaning its current "BBB" rating, or one notch below "A," could be upgraded once certain criteria are met. Read more »

Philippines nears first 'A' credit rating after Fitch upgrades outlook

ABS-CBN News
Updated as of Feb 11 08:42 PM

Debt watcher Fitch Ratings on Tuesday said it upgraded its outlook on the Philippines to positive from stable while affirming its BBB rating. Read more »

Duterte reaches record-high 'excellent' satisfaction rating: SWS

ABS-CBN News
Posted at Jan 21 09:03 PM

President Rodrigo Duterte received a new record-high satisfaction rating in the fourth quarter of 2019, a Social Weather Stations survey revealed Tuesday. Read more »

As PH welcomes 2020, Duterte admin says ‘the best is yet to come’

Arianne Merez, ABS-CBN News
Updated as of Jan 02 11:36 PM

The best is yet to come for the Philippines in the remaining years of President Duterte’s administration, Malacañang said Thursday. Read more »