S&P Affirms Philippines’ Investment Grade Credit Rating - BusinessWorld Online

Philippines stays on course for coveted ‘A’ credit rating

MANILA, Philippines — The Philippines remains in contention to secure the coveted “A” credit rating, even as the economic fallout from the sweeping flood control corruption scandal weighs on growth, according to S&P Global Ratings. In its latest review, S&P affirmed the country’s long-term credit rating at triple B plus (BBB+) with a positive outlook, […]...Keep on reading: Philippines stays on course for coveted ‘A’ credit rating

S&P affirms Philippines’ investment grade credit rating - BusinessWorld Online

By Katherine K. Chan S&P GLOBAL RATINGS on Thursday affirmed the Philippines’ investment grade credit rating with a “positive” outlook, noting that its growth prospects remain strong even as the corruption scandal weighs on the economy this year. In a statement, S&P said it kept its long-term “BBB+” and short-term “A-2” credit ratings on the Philippines, as well as its  positive outlook. The “BBB+” sovereign rating is a notch below the “A”-level…