*** BREAKING NEWS *** Singapore, December 11, 2014 -- Moodys Investors Service has today upgraded the rating of the Government of the Philippines by one notch to Baa2 from Baa3. The outlook is stable. The key drivers of the decision are: 1. Ongoing debt reduction, aided by improvements in fiscal management; 2. Continued favorable prospects for strong economic growth, and 3. Limited vulnerability to the common risks currently affecting emerging markets In a related rating action, Moodys has upgraded the governments foreign currency shelf rating to (P)Baa2 and the ratings for the liabilities of the countrys central bank, Bangko Sentral ng Pilipinas (BSP), to Baa2. The outlook on these ratings is stable. * * * * * * * * * * * * * * * KAILAN KA PA MAG-IINVEST? PAG MAUNLAD NA ANG PILIPINAS? ISIP ISIP ULIT! IPON O INVEST: bit.ly/IponOInvest Investing DOs and DONTs: bit.ly/MyInvesting101 Mutual Fund Investing thru PhilEquity: bit.ly/MutualFundInvestingthruPhilEquity Property Investment for Rental Income: The Linear Makati - only P16,000++ per month! More Details: bit.ly/LinearMakati * * * * * * * * * * * * * * * * Visit Our Website: Website: maginvestkapinoy/ Follow Us on Twitter: Twitter: https://twitter/maginvestkpinoy Like Us on Facebook: Facebook: https://facebook/MagInvestKaPinoy.SAVE.INVEST.RETIRE
Posted on: Thu, 11 Dec 2014 08:50:28 +0000