Standard & Poor’s - updates

Rappler's latest stories on Standard & Poor’s


S&P confirms U.S. AA+ rating with stable outlook

Apr 03, 2020 - 1:45 PM

The stable outlook comes from the view that the 'unprecedented' US stimulus package will limit the decline in growth and 'set the stage for recovery in 2021'

OUTBREAK. A person wearing a mask is seen in New York City on March 14, 2020, as the coronavirus continues to spread across the United States. Photo by Jamie McCarthy/Getty Images/AFP

Dubai economic slump to persist until 2022 – S&P

Sep 04, 2019 - 8:45 AM

Standard and Poor's expects low oil prices, the US-China trade war, and political turmoil to hurt Dubai's economy

EXPLAINER: What's in it for us if the PH has good credit ratings?

May 09, 2019 - 1:54 PM

The Philippines has its highest credit rating to date. But what does that mean for Filipinos?

S&P cuts China's debt rating over 'financial risks'

Sep 21, 2017 - 5:25 PM

S&P, which downgraded China's debt from AA- to A+, is the second major credit ratings agency to slash the Asian giant's rating

This photo taken on April 25, 2017 shows a general view of the central business district in Beijing. Nicolas Asfouri/AFP

PH keeps investment grade ratings – for now

May 11, 2016 - 7:30 PM

For now Standard and Poor’s Moody’s and Fitch all keep the country’s credit rating at investment grade as the country prepares for a Duterte presidency

PH credit ratings at risk if 'wrong' leaders elected – Palace

Apr 25, 2016 - 3:17 PM

The Palace says economic improvements made in the past years will only be put to waste if Filipinos elect the wrong leaders on May 9


S&P affirms PH’s BBB rating, projects incomes to rise

Apr 21, 2016 - 10:01 PM

S P projects growth in real per capita income to rise from the 4 1 recorded last year to 4 4 this year

S&P lowers China outlook to negative

Mar 31, 2016 - 11:00 PM

Standard Poor s says the Chinese government is facing more economic and financial risks

epa05202337 Commercial and residential buildings of Shenzhen are seen from the Diwang Building observatory deck, in Shenzhen, Guangdong Province, China, 09 March 2016. According to the outline of the 13th five-year plan, China?s average annual rate of growth will slow from 7.8 per cent in the past five years to around 6.5 per cent, and per capita disposable income will also fall, from 7.7 per cent to around 6.5 per cent. EPA/FREDDY CHAN

S&P: Change in PH leadership unlikely to reverse economic reforms

Mar 07, 2016 - 7:34 PM

The credit rating agency and local and US based business leaders express confidence the country s next leaders will not disrupt economic momentum

Philippines gets credit rating upgrade from NICE

Jan 23, 2016 - 9:54 AM

With this latest credit rating action from NICE Fitch Ratings remains the only agency that assigns the minimum investment grade to the Philippines

UP A NOTCH. The upgrade anchors on improved government transparency and enhanced environment backed by expanded infrastructure

Inflation continues to drop, hits 0.4% in September

Oct 06, 2015 - 3:11 PM

The low inflation environment in the first 9 months of 2015 is seen to persist throughout the rest of the year the NEDA chief says

DROP. Headline inflation continues to hit below 1% for the third consecutive month, as September 2015 record falls to 0.4%, the National Economic and Development Authority (NEDA) reports Tuesday, October 5, 2015.

S&P lowers anew GDP forecast for Philippines

Sep 11, 2015 - 2:32 PM

S P cuts the gross domestic product growth forecast for the country to 5 6 this year and 2016

SLASH. S&P lowers the GDP growth forecast for the Philippines to 5.6% this year and 2016, the second time S&P revised the GDP growth outlook for the Philippines.

S&P cuts 2015, 2016 PH GDP forecast

Jul 09, 2015 - 4:24 PM

Standard Poor s lowers its forecast for the country to 6 this year and the next citing a phase of ‘steady state of slower growth’ in the Asia Pacific region

PH gets credit rating upgrade from Japan

Jul 06, 2015 - 6:32 PM

The latest upgrade from Japan Credit Rating Agency is the 22nd positive rating action for the country from international credit rating agencies like S P Moody’s and Fitch

‘Hot money’ leaving PH surges in May

Jun 12, 2015 - 3:20 PM

Profit taking outward remittance of sales proceeds of PSE listed stocks and peso government securities previously kept in interim peso deposits result in 569 million net outflows in May

S&P maintains investment grade for PH

Apr 25, 2015 - 6:26 PM

The government is aiming for an A category rating over the medium term

PH gets another boost from Moody’s

Dec 11, 2014 - 8:34 PM

The credit rating agency ups its investment grade rank for the country to a notch citing stable outlook but warns that the government s growth target for 2014 might be too hard to achieve

Stalling global corporate spending to remain weak: S&P

Jul 01, 2014 - 1:15 PM

Worldwide corporate investments are expected to dip this year stalling at around 3 3 trillion for 3 years in a row the agency says

STALLED. The fall in investment has been particularly hard in emerging countries, including China, where corporate spending is predicted to fall 4% this year after a similar slump in 2013. File photo by AFP PHOTO / WANG ZHAO

Shutdown cost US economy $24B: S&P

Oct 17, 2013 - 9:36 AM

The partial US government shutdown has taken 24 billion out of the economy and will cut growth in the 4th quarter significantly S P says

SHUTDOWN. A view of a hall on Capitol Hill September 29, 2013 in Washington, DC. AFP/Brendan Smialowski

S&P: PH rating upgrade depends on reforms

Aug 20, 2013 - 10:01 AM

The debt rating agency is closely watching government reforms to shore up revenue and investments

Conference tackles implications of PH investment grade

May 23, 2013 - 11:38 PM

Officials from the government and private sector will discuss what precisely the recent upgrade of the Philippine investment credit rating means

Business sentiment soars to record high

May 23, 2013 - 7:01 PM

The investment grade credit ratings from Fitch S P and Japan group cause business sentiment in the Philippines to reach a record high in the 2nd quarter

Internet, technology and online investing

May 03, 2013 - 11:17 PM

Online investing is made easy by companies like COL Financial the Philippines’ leading online stockbroker

GET STARTED WITH ONLINE INVESTMENT. What do you need to start? P5,000 for an initial deposit. Apply for an online account and fill out the application form. Graphic by Emil Mercado/

S&P upgrades PLDT's credit rating

May 03, 2013 - 3:28 PM

Just like Fitch debt watcher S P also upgrades not just the sovereign rating but also telco giant PLDT s credit rating

MARKET LEADER. A man checks his mobile phone as he passes the headquarters of the Philippine Long Distance Telephone Co. at the Makati central business district. AFP Photo

PSEi hits new record after credit upgrade

May 03, 2013 - 10:12 AM

UPDATED For the first time the Philippine Stock Exchange index breaches 7 200 benchmark after debt watcher Standard Poors upgraded the country s credit rating to investment grade

Rappler Newscast | May 2, 2013

May 02, 2013 - 8:50 PM

Mancao escapes from the NBI PH gains its 2nd investment grade rating from Standard Poor’s Montenegro: it will ll take 2 years to solve Mindanao s power problem

PH wins second investment grade

May 02, 2013 - 5:35 PM

4th UPDATE S P s upgrade of the Philippines credit rating to investment level is the 2nd vote of confidence from rating firms

ANOTHER INVESTMENT GRADE. The Philippines won its second investment grade rating in less than two months on May 2

Human factor averts stocks disaster

Apr 24, 2013 - 12:21 PM

When fake tweets threaten business it s the human nature of fact checking that trumps the technology of computerized stock trading

FAKE TWEETS, BAD BUSINESS. Fact-checking traders helped stop an automated trading disaster

PH expects another investment grade in 2013

Apr 03, 2013 - 4:31 PM

The central bank is aiming for another credit rating upgrade from either Moody s or Standards Poor s

ONE MORE TIME. The BSP is eyeing another investment grade rating for the country in 2013.

'PH investment grade likely in 6 to 8 months'

Mar 12, 2013 - 7:51 PM

A credit rating upgrade is certain within the year says investment banker Roberto Dispo

CREDIT RATING. The Philippines' upgrade to investment grade is just a formality, says Finance chief Cesar Purisima

Why PH is one of world's sexiest

Feb 14, 2013 - 10:57 AM

Foreign investors are quietly making their way into the Philippines swelling attendance in business events and dollar inflows into local capital markets

ECONOMIC MANAGERS. An annual briefing by the country's economic managers and top businessmen attract record high attendees. Photo by Franz Lopez

Korean agency upgrades PH credit rating outlook

Feb 13, 2013 - 3:07 AM

The sin tax reform law and improvements in tax collection have prompted a South Korea based NICE Investors Services Co Ltd to upgrade its outlook on the Philippines to positive

S&P faces US govt suit over mortgage bond ratings

Feb 05, 2013 - 11:30 AM

S P says the Justice Department civil suit targets its ratings in 2007 of certain collateralized debt obligations which triggered the 2009 global crisis

INFOGRAPHIC: What a credit rating upgrade means for Filipinos

Jan 30, 2013 - 2:04 PM

An investment grade is a seal of good housekeeping It tells investors it is safe to do business in the country and encourages them to put huge capital here

Roubini: PH should get investment grade

Jan 28, 2013 - 6:33 PM

Nouriel Roubini s pronouncements in a Manila summit are expected to be catalysts for the much anticipated ratings upgrade of the Philippines in 2013

ROUBINI. Economics and international business professor Nouriel Roubini attends a World Economic Forum (WEF) meeting in Davos. File photo by AFP

S&P upgrades PH credit rating outlook

Dec 20, 2012 - 4:56 PM

International credit rating agency Standard Poor s S P revised the credit rating outlook on the Philippines to positive from stable citing the country s moderately strong growth and the Aquino government s improved capacity to pursue its reform agenda

S&P cuts Greece rating to 'selective default'

Dec 06, 2012 - 12:34 PM

Standard Poor s cut Greece s already junk level debt rating to selective default Wednesday December 5 after the country launched an operation to buy back debt at a big discount

S&P downgrades world's oldest bank to junk status

Dec 06, 2012 - 12:34 PM

Standard Poor s on Wednesday December 5 cut its credit rating for troubled Italian bank Monte dei Paschi di Siena the world s oldest surviving lender to speculative grade status of BB from BBB

Credit rating of Sharp cut to junk; Panasonic downgraded too

Nov 02, 2012 - 5:40 PM

The 6 notch cut in Sharp s rating was in response to its 5 6 B annual loss forecast Panasonic s downgrade was also due to its loss projection this year

Moody's upgrades PH ratings

Oct 29, 2012 - 1:19 PM

This is a vote of confidence for the country s economic performance All 3 major debt rating agencies including S P and Fitch now rate the Philippines just one step below investment grade

S&P warns of little iron ore respite for miners

Oct 02, 2012 - 1:38 PM

S P says a slowdown in China the world s largest producer and consumer of steel and sluggishness in Europe have seen iron ore prices dive from their peak of more than US 180 per ton to below 90 per ton in the past two months

Japan's Sharp Corp downgraded to junk status

Aug 31, 2012 - 3:21 PM

Standard Poor s cuts its credit rating on Sharp Corp to junk status following huge losses at the struggling Japanese consumer electronics giant

PNoy: We will work for investment grade status

Jul 05, 2012 - 4:40 PM

His makes the statement a day after global debt watch S P upgraded the Philippines rating to one notch below investment grade

S&P now rates PH one notch below investment grade

Jul 04, 2012 - 8:21 PM

S P upgrades the Philippines credit rating citing mainly the country s improving fiscal position and debt level

What happened to India's economic star?

Apr 29, 2012 - 1:25 PM

India s economic star is fading fast as a spluttering economy and reform paralysis put the country s prized investment grade rating at risk and spook foreign investors