investment grades - updates

Rappler's latest stories on investment grades


RAM upgrades Philippines' credit rating

Aug 31, 2018 - 6:46 PM

A higher credit rating translates to more foreign investments and a lower borrowing cost for both the government and private sectors

Japanese credit watcher maintains Philippines' investment grade rating

Dec 19, 2017 - 7:00 PM

Tokyo-based R&I is optimistic that the Duterte administration's infrastructure plan will sustain the country's solid economic growth

Fitch upgrades Philippines' credit rating

Dec 11, 2017 - 12:26 PM

(UPDATED) The upgrade from BBB- to BBB is due to strong economic growth and the tax reform initiative

Fitch affirms PH investment grade rating at BBB-

Mar 30, 2017 - 2:10 PM

The rating comes with a positive outlook that indicates an upward trend for credit ratings over a one to two year period

Tax reform, infra push may boost PH credit rating – Moody's

Oct 19, 2016 - 8:00 AM

UPDATED The credit rating agency however warns that President Rodrigo Duterte s rhetoric towards critics has the potential to strain long standing security and trade relations

PH state of lawlessness to have limited impact on credit rating – Moody's

Sep 07, 2016 - 7:10 PM

While the credit rating agency doesn t see any risk in the short term it warns that increasingly controversial law and order policies could detract attention from economic reforms

Japan Credit Rating Agency affirms PH's BBB+ rating

Aug 03, 2016 - 5:00 PM

The rating comes with a stable outlook indicating resilience to external shocks and a relatively sound fiscal position

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


Gov't unsatisfied with Fitch's PH credit rating

Apr 08, 2016 - 8:30 PM

The Philippines is still underrated as it outperforms its neighbors in Southeast Asia in terms of economic growth drivers Finance Secretary Cesar Purisima says

UNDERRATED. Financial markets believe the Philippines is much less of a credit risk compared with other countries enjoying higher credit ratings. Image from Shutterstock

Fitch raises PH outlook to positive

Sep 24, 2015 - 10:24 PM

The Philippines is still underrated as it continues to outperform its single A rated neighbors in Southeast Asia Finance Secretary Cesar Purisima says

POSITIVE. The revised credit outlook and the likely credit rating upgrade from Fitch Ratings are a reflection of what financial markets say all along about the Philippines’ creditworthiness, Finance Secretary Cesar Purisima says.

Fitch affirms BPI’s investment grade

May 04, 2015 - 8:30 PM

BPI along with BDO and Metrobank are seen to maintain relatively high core capitalization in the medium term

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

Fitch affirms Philippines' 'BBB-' rating

Mar 18, 2015 - 12:13 PM

The country s BBB rating is one notch below the rating assigned to the Philippines by Moody’s Investors Service and Standard Poor’s

PH deserves a Fitch upgrade – DTI chief

Feb 04, 2015 - 2:51 PM

Trade Secretary Gregory Domingo says the Philippines deserves a Fitch rating upgrade 3 notches higher to investment grade citing stable growth and investor confidence in the country

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

Urban decay threatens hot Philippine economy

Oct 12, 2014 - 1:28 PM

Many infrastructure projects take up 3 administrations to finish and with Aquino s term in its last stretch an expert says a multi administration plan is needed to solve infrastructure woes

URBAN DECAY. Experts say infrastructure development in the Philippines must keep up with the growing economy to sustain growth. Photo by Francis Malasig/EPA

S&P raises PH credit rating anew

May 08, 2014 - 7:30 PM

The upgrade follows the agency s May 2013 decision to give the Philippines investment grade status

Qantas struggles as Moody's downgrades airline to 'junk'

Jan 09, 2014 - 9:54 AM

UPDATED Qantas is now rated Ba2 by Moody s and BB by Standard and Poor s meaning it is considered a junk product by professional investors

Photo courtesy of Qantas.

Thank OFWs for PH upgrade - report

Oct 04, 2013 - 9:28 AM

The country s army of overseas Filipino workers OFWs deserve recognition for the investment grade ratings instead of the government a FinanceAsia report says

THANK YOU. Millions of overseas Filipino workers deserve the recognition for the country's investment grade ratings, a report says. File photo by AFP /Fayez Nureldine

Rappler Newscast | October 3, 2013

Oct 03, 2013 - 9:52 PM

Former president Arroyo face plunder charges over Malampaya fund PH wins investment grade from Moody s White house talks fail to end gov t shutdown

PH stocks rise after Moody's upgrade

Oct 03, 2013 - 2:39 PM

Stocks reverse morning session s losses as the Philippines wins investment grade rating from Moody s

PH wins investment grade from Moody's

Oct 03, 2013 - 12:06 PM

Moody s cites the Philippines robust economic growth fiscal consolidation and improved governance for the rating upgrade

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

Rappler Newscast | July 26, 2013

Jul 26, 2013 - 8:50 PM

Favored NGOs receive almost half of misused PDAF Moody’s puts PH on review for upgrade Facebook surprises Wall Street with reported revenue

Investment grade from Moody's 'coming soon'

Jul 26, 2013 - 11:07 AM

The 4th credit rating upgrade to investment grade is coming sooner than expected the central bank chief says

Moody's reviews PH for likely debt upgrade

Jul 25, 2013 - 8:41 PM

Moody s says it will likely elevate the Philippine government s debt rating to investment grade

Moody's lifts US outlook to 'stable' from 'negative'

Jul 19, 2013 - 1:10 PM

Ratings firm Moody s raises its outlook on the United States to stable from negative citing progress in putting the federal government s debt on a more sustainable path

Moody's to upgrade PH credit rating after 7.8% growth?

Jun 03, 2013 - 1:28 PM

Let the country s stellar economic performance in the 1st quarter and the possibly better growth in the 2nd speak for themselves says President Aquino

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

PSEi barrels to 29th record high

May 10, 2013 - 11:16 AM

PSEi hits 7 223 05 on Friday May 10

Holcim to build new PH plant

May 08, 2013 - 7:14 PM

The new 550 M plant is expected to a have a capacity of 2 5 million metric tons annually

NEW PLANT. Holcim Philippines secures first pass approval to build a $550 million-worth plant in Bulacan from its Zurich-based parent firm, Holcim Ltd. on the back of an expected surge in cement demand. Photo provided by Holcim

Japan grants PH investment grade

May 08, 2013 - 12:33 AM

The Japan Credit Rating Agency Ltd follows similar upgrades debt watchers Fitch and Standard Poor s have recently granted the Philippines

Philippines vs Indonesia: Which is 'better'?

May 07, 2013 - 6:14 AM

Asia s two rising economic stars go head to head

Which is winning the battle between the two rising economic stars?

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

'Investment grade may push peso to undesirable levels'

May 01, 2013 - 5:55 PM

A study projects the peso to increase by 4 to 5 against the US dollar in 2013 on the back of strong capital inflows

ARRESTED APPRECIATION. Authorities may "carry out strong measures" to stall the appreciation of the peso. Photo by AFP

PH manufacturing industry on the mend

Apr 24, 2013 - 8:31 AM

The Philippines manufacturing industry is seeing a resurgence from foreign companies after winning its first investment grade from Fitch

Manufacturing industry on the rise following Philippines first investment grade

Montinola: Consing to make BPI a regional player

Apr 18, 2013 - 6:40 PM

Montinola believes Consing will position BPI as one of the best Asean banks in the near future

Power crisis blocks investments into Mindanao

Apr 11, 2013 - 7:47 PM

Expert says the investment grade rating may not be enough to counter the Mindanao power crisis harmful effects on foreign direct investments FDI

POWER COSTS. A worker repairs power lines in Iligan. Residents in Mindanao need to cough up more cash to get stable electricity supply. RAPPLER/John Javellana

Hot money swings to net outflow in March

Apr 11, 2013 - 7:30 PM

Outflows are due to profit taking in Philippine stocks

DOLLAR RESERVES. A bank teller shows off dollar bills. Photo from AFP

PH bizmen 2nd most optimistic in world

Apr 11, 2013 - 9:58 AM

Filipino business leaders are more confident than their ASEAN and global counterparts according to a survey of Grant Thornton International

FDI down 45.3% in January

Apr 10, 2013 - 7:04 PM

The Coca Cola purchase by Mexico s FEMSA accounted for bulk of the 576 million investments in January

DROP IN FDI. The country's Foreign Direct Investments posted a 45.3% contraction in January 2013, two months before the country received its investment grade rating from Fitch Ratings. Photo from AFP

More car sales after PH credit upgrade

Apr 05, 2013 - 9:21 PM

Car distributors are confident that the country s investment grade rating would have a positive effect on car sales

Insurance, finance firms coming to PH

Apr 04, 2013 - 5:47 PM

More multinational finance companies not just BPOs are eyeing the Philippines as a location to set up regional offices

ALL EYES ON PHILIPPINES. Finance companies are looking towards PH. Photo by Rappler/John Javellana

#TalkThursday: Cesar Purisima on PH's investment grade

Apr 04, 2013 - 7:58 AM

TalkThursday speaks with Finance Secretary Cesar V Purisima on the Philippines investment grade status and more

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 remains underrated - Purisima

Apr 01, 2013 - 4:18 PM

The recently granted investment grade status is great but this still does not reflect how foreign investors view the country as an investment destination