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S&P affirms investment grade rating of Philippines

S&P affirms investment grade rating of Philippines

Philippines’ investment grade credit ranking continues to exhibit good performance, according to Standard & Poor. The world’s leading index provider and the foremost source of independent credit ratings recognizes the sound macroeconomic fundamentals that are seen to help the economy stay on a path of rising incomes. The rating remains at BBB, which is a notch higher than the minimum score within the investment-grade scale. “The ratings on the Philippines reflect our ...

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