Japan Debt Watcher Affirms Philippines’ ‘A-’ Rating - BusinessWorld Online

Japan debt watcher keeps Philippines' ‘A’ rating

MANILA, Philippines — The Japan Credit Rating Agency (JCR) kept the Philippines’ hard-won “A” rating on expectations that the economy would sustain its “high” growth while staying resilient against external shocks. In a statement on Thursday, the debt watcher, whose credit opinion matters to Japanese investors, affirmed the country’s badge of creditworthiness while keeping its […]...Keep on reading: Japan debt watcher keeps Philippines' ‘A’ rati…

Japan debt watcher affirms Philippines’ ‘A-’ rating - BusinessWorld Online

THE JAPAN Credit Rating Agency (JCR) has again maintained the Philippines’ “A-” rating with a “stable” outlook, citing the country’s resilient economic growth and continued fiscal consolidation. In a news release on Thursday, JCR affirmed the country’s foreign currency and local currency long-term issuer rating at “A-” and kept its “stable” outlook. “The ratings mainly reflect Philippines’ high and sustained economic growth supported by solid do…

Japan Credit Rating Agency affirms Philippines' A– credit rating

Japan Credit Rating Agency Ltd. (JCR) has affirmed its long-term issuer rating on the Philippines as it cited the country’s sustained economic growth.