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Philippines gets surprise credit upgrade

MANILA, Philippines — The Philippines achieved a credit rating of A after Tokyo-based Japan Credit Rating Agency (JCR) upgraded the country’s credit rating to A- from BBB+ to reflect the resilience of the economy amid the coronavirus disease 2019 or COVID-19 pandemic. Bangko Sentral ng Pilipinas Governor Benjamin Diokno said the upgrade and stable credit […]

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Vietnam ready to implement EVFTA, EVIPA

The Hanoitimes – The soon implementation of both the EVFTA and EVIPA would create new driving forces for further cooperation between Vietnam and the EU. Vietnam is ready to implement both the EU – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA), according to Le Thi Thu Hang, spokesperson of […]

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Philippines bags coveted ‘A’ rating from Japan agency

MANILA, Philippines — The Philippines on Thursday secured its first ever “A” credit rating from Japan Credit Rating Agency Ltd. (JCR), which validated the strength of the economy to withstand the coronavirus disease-2019 (COVID-19) pandemic. The Japan-based debt watcher, whose ratings matter to Japanese companies, the country’s top investors, upgraded the Philippines to “A-” and assigned a “stable” outlook on […]

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