Moody’s Analytics is projecting that the Bangko Sentral ng Pilipinas (BSP) will further reduce its key interest rate by another 25 basis points (bps) in December. According to Moody’s Analytics, this forecast is based on the country's continued low inflation rates and stable price...
Moody’s Analytics expects that this year’s dismal foreign trade performance will rebound next year, aligning with government expectations. “The trade performance this year has been underwhelming, but we see opportunities for a pickup in 2025,” Moody’s Analytics said. In August, the...
The rate of increase in consumer prices likely slowed to its lowest level since October 2020, with forecasts indicating a decline to 2.5 percent for September, from 3.3 percent in August. Stefan Angrick, Moody’s Analytics senior economist, explained that the significant decrease in inflation is...
The Philippines retained its investment-grade credit rating from Moody’s Ratings. While a more favorable action would have been ideal, the New York-based agency cited several factors that influenced its decision to affirm the ‘Baa2’ score with ‘stable’ outlook. Moody’s is known for its...
Moody’s Investors Service affirmed China Banking Corporation’s (China Bank) deposit and issuer credit ratings at Baa2 on the back of its strong capitalization and profitability. In a disclosure to the Philippine Stock Exchange, the bank said the rating is a notch above the minimum investment...
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...
Moody's Investors Service has affirmed the investment grade credit rating, with stable outlook, of China Banking Corporation (China Bank) on the back of the Bank’s strong capitalization, profitability, and liquidity amid the COVID-19 pandemic. 31493 In its September 3, 2021 report, Moody’s...
The Philippines’ repositioned approach in managing the economic impact of the prolonged pandemic could provide the much-needed support for recovery, Moody’s Analytics said. Moody's Analytics Steven G. Cochrane, Moody’s Analytics economist said in a note on Thursday, Sept. 2, that the...
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...
The Philippines may suffer long-lasting economic losses owing to prolonged coronavirus pandemic that took a heavier toll on small businesses and low-income families, think-tank Moody’s Analytics said. Makati CBD skyline Steven Cochrane, Moody’s Analytics chief economist for Asia-Pacific said...
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...
Financial technology (fintech) companies in the Philippines are poised to overtake brick and mortar banks, debt-watcher Moody’s Investors Service said. In a commentary on Thursday, July 15, Joyce Ong, Moody’s analyst said that fintech has “abundant room” for growth in the country as 70...
