Philippines receives long overdue upgrade to BBB

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Philippines receives long overdue upgrade to BBB

Morgan Davis
December 11, 2017 08:45 am
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Fitch Ratings upgraded the Philippines to BBB with a stable outlook from BBB- on Monday, thanks to the country’s strong economic performance, a move that some economists said was a long time coming.

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Asia Market newsSSAPeople and MarketsPhilippinesMarket NewsAsiaSoutheast AsiaSovereignsAseanAsia PacificEM People and MarketsSSA People and MarketsEmerging Markets
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Morgan Davis
Deputy editor GlobalCapital Asia
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