Philippine authorities continue to struggle against online scams due to supposed issues with the SIM Registration Act despite ongoing crackdowns, the Presidential Anti-Organized Crime Commission (PAOCC) recognized. Photo generated via Grok/X AI PAOCC Executive Director Undersecretary Gilbert...
Moody’s Analytics sees no respite yet for Filipino consumers reeling from skyrocketing prices in recent months as demand for goods and services continued to outpace supply in the domestic market. In a research note on Monday, Feb. 20, Moody’s Analytics said high inflation will be sticking...
House Speaker Martin Romualdez says Moody’s Investors Service’s positive forecast for the Philippines in 2023 confirms that the country is "on the right track" under President Ferdinand "Bongbong" Marcos Jr. House Speaker Martin Romualdez (left) and President Ferdinand "Bongbong" Marcos Jr....
Debt-watcher Moody's Investors Service has affirmed China Banking Corp.’s investment grade credit rating in view of its improved capital and profitability to mitigate risks to asset quality. In a statement, China Bank said that in maintaining the its deposit and issuer ratings at Baa2 with a...
shutterstock_511326337 Moody's Investors Service gave a stable outlook for Asia Pacific's telecommunications sector in the next 12-18 months, according to the agency's latest report. Based on its Nov. 30, 2021 report, the Philippines' rising data consumption and broadband use continue to drive...
Debt-watcher Moody’s Investors Service is upbeat about the Philippines’ recovery prospects from the pandemic, expecting the economy to outperform most of the sovereigns it rates in terms of average growth up to 2025. In its latest credit analysis report on the Philippines, Moody’s cited its...
Debt-watcher Moody’s Investors Service has lowered its forecast on the Philippine economy for the year as coronavirus battle enters another phase of uncertainty. In a research note released Wednesday, July 21, Moody’s said it is now projecting that the country’s economy, as measured by gross...
The government is still bullish about the country's economic recovery especially if the public will continue to observe health protocols and get vaccinated to combat the coronavirus pandemic. A Taguig City resident receives the first dose of AstraZeneca coronavirus vaccine at the McKinley cinema in...
Moody’s Investors Services has returned its “stable” outlook for Philippine banks with the economy’s gradual but “mild” improvement this year and despite that banks’ asset risks are still on high side. “We have changed the Philippines' banking system outlook to ‘stable’...
The credit rating and research units of Moody’s Corp. said the risk of another economic recession is rising in the Philippines as the nation struggles with a resurgence of the coronavirus infections that resulted in renewed quarantine measures. Debt-watcher Moody’s Investors Service and...
Moody’s Analytics says International economists have sounded the alarm over the Philippines’ economic situation as the World Bank said the nation is suffering a triple whammy blow from the COVID-19 pandemic, while Moody’s Analytics describes the unfolding events in the country as...
As its loan commitments are generally backed by the national government, Moody’s Investors Service indicated that such sovereign support could spare state-run Power Sector Assets and Liabilities Management Corporation (PSALM) from default on its financial commitments. That as the ratings agency...
