While Japan Credit Rating Agency’s (JCR) retained an investment-grade credit rating of “A-” with a “stable” outlook for the Philippines, it raised the challenge of narrowing income disparity tied to infrastructure and rural development, and a setback on fiscal reforms that could hurt this...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said the Japan Credit Rating Agency’s (JCR) latest affirmation of the Philippines’ “A-” credit rating with a stable outlook is expected to strengthen confidence among Japanese investors in the country. On Thursday, June 5, JCR...
The Japan Credit Rating Agency Ltd. (JCR) affirmed the Philippines’ credit rating, but it expects a slow pace economic recovery this year due to the rapidly spreading Delta variant. Japan Credit Rating In a statement, JCR said Monday, Sept. 6, that it maintained the credit rating for the...