State-run Land Bank of the Philippines (Landbank) said the reason debt watcher Fitch Ratings opted to retain the government financial institution’s (GFI) ‘BBB’ investment rating was its sound fundamentals and solid governance. “Our investment-grade rating was affirmed because our...
The Philippines continues to enjoy strong access to global capital markets and investors ' trust despite a downgrade in the country 's credit outlook rating, Malacañang said. Global debt watcher Fitch Ratings has downgraded its outlook on the Philippines’ investment-grade status from...
Vice President Sara Duterte cautioned Filipino families to prepare for more difficult economic conditions in the coming months, citing rising fuel costs and increasing prices of basic goods, while urging households not to compromise on education spending. In her speech at the Rambakan Festival in...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Sunday, March 22, said the easterlies will continue to affect the entire country, bringing generally warm and humid conditions along with isolated rain showers and thunderstorms. Based on its latest weather...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday, Feb. 27 said generally fair weather will prevail across most parts of the country over the coming week, with isolated rain showers expected due to the easterlies and localized thunderstorms. In its...
Several parts of the Philippines will continue to experience rainy and cloudy conditions as the Intertropical Convergence Zone (ITCZ), the northeast monsoon (amihan), and prevailing easterlies affect different regions, raising the risk of flash floods and landslides in vulnerable areas. In its...
One to two more tropical cyclones may still enter or develop within the Philippine Area of Responsibility (PAR) in December, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said, citing climatological records. The next cyclones on the agency’s list are...
After back-to-back typhoons, Filipinos can expect a brief respite as the country remains free from tropical cyclones over the coming week, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said. In its weather outlook for Nov. 14 to 21, PAGASA said the...
Cloudy skies and scattered rains are expected to continue over several parts of the country in the coming days due to the combined effects of the Intertropical Convergence Zone (ITCZ) and the shear line, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said the southwest monsoon, or “habagat,” and easterly winds will be the dominant weather systems affecting the country from Aug. 15 to 22, based on the latest weather outlook. From Aug. 15 to 16, PAGASA...
The Philippines will experience mostly cloudy skies, scattered rains, and isolated thunderstorms in the coming week due to the ongoing influence of the shear line and the northeast monsoon (amihan), based on the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA)...
Metro Manila and parts of Luzon are likely to experience cloudy skies with scattered rains and thunderstorms this weekend, as the shear line and the northeast monsoon (amihan) continue to affect the country, based on the Philippine Atmospheric, Geophysical and Astronomical Services Administration...
