The Philippines' relatively lower reciprocal tariffs, to be levied by the United States (US) on imports, will shield domestic banks from larger losses due to the economic fallout, according to the debt watcher Moody's Ratings. Across the Asia-Pacific region, where many countries will be slapped...
While no economy in the Asia-Pacific (APAC) region will be resistant against the impact of an even more complicated global trade, the Philippines and other domestically driven economies could easily adapt. “Intensification of geopolitical pressures could further harm the APAC region,”...
Expectations that the Philippines' debt as a share to economic output would stay elevated in the coming years were flagged by debt watcher Moody's Ratings over the weekend, highlighting concerns on affordability when repaying obligations. "Debt to GDP [gross domestic product] will remain higher...
Filipinos are increasingly becoming vulnerable to romance or love scams as the number of potentially fraudulent individuals or entities surged in 2024, Moody’s data revealed. “The number of Filipino entities and people with potential links to romance scams (‘romance scam profiles’)...
The Philippines is expected to achieve a robust economic growth rate this year, driven by rising employment, remittance inflows, and government investment, debt-watcher Moody’s Ratings said. Based on the latest Moody’s Sovereigns – Asia-Pacific Outlook on Wednesday, Jan. 15, the country’s...
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...
