Need Help? Contact the Espiya Helpdesk. CLICK HERE


Author Topic: PH credit rating upgraded  (Read 1510 times)

d_sinner78

  • Active - Three Stars
  • ***
  • Posts: 419
  • Karma 41
PH credit rating upgraded
« on: May 08, 2014, 11:16:12 pm »
Good news naman...

MANILA, Philippines—The Philippines has obtained its highest credit rating in history in recognition of the reforms undertaken by the Aquino administration which have allowed the country to outperform its Southeast Asian neighbors in terms of economic growth.

Standard & Poor’s (S&P) on Thursday announced a fresh rating upgrade for the Philippines’ long-term peso and dollar bonds.

From the previous rating of “BBB-,” S&P now rates the Philippines at “BBB,” one notch above minimum investment grade.

Read more: http://business.inquirer.net/170026/ph-credit-rating-upgraded#ixzz31BVG5mqD