Fitch Ratings: PH’s outlook now positive

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Tue, 11 Feb 2020 16:20:56 +0000

Country to remain among fastest-growing economies in region, says credit rater FITCH Ratings raised its outlook for the Philippines from stable to positive, indicating that the country’s “BBB” investment-grade credit rating is one step closer to being upgraded. In a statement on Tuesday, the international credit ratings agency said the upward revision reflected its “expectations […]

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Fitch Ratings trims PH growth forecast

Credit to Author: The Manila Times| Date: Wed, 24 Apr 2019 08:41:51 +0000

DEBT watcher Fitch Ratings cut its gross domestic product (GDP) growth forecast for the Philippines this year, tagging the delayed national budget and external factors as reasons for the downward adjustment….READ

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Fitch affirms PH credit rating

DEBT watcher Fitch Ratings affirmed the Philippines’ “BBB” lower medium investment grade rating with a stable outlook. “The Philippines’ sovereign ratings balance a favourable growth outlook, government debt levels that are below peer medians, a net external creditor position and policies geared towards maintaining macro[economic]stability against lower income per capita and weaker governance and business […]

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