Fitch - Previous Articles

Article Finder
Fitch affirms US rating at 'AAA', hikes outlook
Mar 21, 2014 - 4:26 PM

Fitch affirms US rating at 'AAA', hikes outlook

Fitch raises its outlook for the world's largest economy to stable in part because of the way the US federal debt limit was suspended in February

PH economy in 2013: Wins and losses
Jan 01, 2014 - 5:43 PM

PH economy in 2013: Wins and losses

Here are the biggest stories about the Philippine economy in 2013 - what has been achieved and what else needs to be done

Fitch puts US debt rating on watch for downgrade
Oct 16, 2013 - 11:03 AM

Fitch puts US debt rating on watch for downgrade

The rating agency has warned US of the downgrade after Congress reached no deal to raise the debt ceiling

No debt upgrade for PLDT - Moody's
Jul 26, 2013 - 5:58 PM

No debt upgrade for PLDT - Moody's

PH debt upgrade review has no immediate impact on PLDT's debt rating, says Moody's

Investment grade from Moody's 'coming soon'
Jul 26, 2013 - 11:07 AM

Investment grade from Moody's 'coming soon'

The 4th credit rating upgrade to investment grade is coming "sooner than expected," the central bank chief says

Russia hires J.P. Morgan to avoid ratings downgrade
May 24, 2013 - 9:26 PM

Russia hires J.P. Morgan to avoid ratings downgrade

Russia hires US investment bank J.P. Morgan as its consultant to prevent any downgrade of the country's credit rating from the 3 major ratings agencies

Conference tackles implications of PH investment grade
May 23, 2013 - 11:38 PM

Conference tackles implications of PH investment grade

Officials from the government and private sector will discuss what precisely the recent upgrade of the Philippine investment credit rating means

Business sentiment soars to record high
May 23, 2013 - 7:01 PM

Business sentiment soars to record high

The investment grade credit ratings from Fitch, S&P and Japan group cause business sentiment in the Philippines to reach a record high in the 2nd quarter

Japan grants PH investment grade
May 08, 2013 - 12:33 AM

Japan grants PH investment grade

The Japan Credit Rating Agency Ltd. follows similar upgrades debt watchers Fitch and Standard & Poor's have recently granted the Philippines

Philippines vs Indonesia: Which is 'better'?
May 07, 2013 - 6:14 AM

Philippines vs Indonesia: Which is 'better'?

Asia's two rising economic stars go head to head

More FDIs 6 months after credit upgrades
May 03, 2013 - 5:22 PM

More FDIs 6 months after credit upgrades

Trade Secretary Gregory Domingo says the investment grade rating from Fitch will translate into job-generating investments later this 2013, while S&P's will be in 2014

S&P upgrades PLDT's credit rating
May 03, 2013 - 3:28 PM

S&P upgrades PLDT's credit rating

Just like Fitch, debt watcher S&P also upgrades not just the sovereign rating but also telco giant PLDT's credit rating

PSEi hits new record after credit upgrade
May 03, 2013 - 10:12 AM

PSEi hits new record after credit upgrade

(UPDATED) For the first time, the Philippine Stock Exchange index breaches 7,200 benchmark after debt watcher Standard & Poors upgraded the country's credit rating to investment grade

'Investment grade may push peso to undesirable levels'
May 01, 2013 - 5:55 PM

'Investment grade may push peso to undesirable levels'

A study projects the peso to increase by 4% to 5% against the US dollar in 2013 on the back of strong capital inflows

PH manufacturing industry on the mend
Apr 24, 2013 - 8:31 AM

PH manufacturing industry on the mend

The Philippines manufacturing industry is seeing a resurgence from foreign companies after winning its first investment grade from Fitch

 
Apr 20, 2013 - 5:38 PM

Fitch downgrades UK credit rating to AA+

Fitch strips recession-threatened Britain of its top triple-A rating, moving it down one notch to 'AA+' as a weaker economic outlook continues to push up the country's debt

Hot money swings to net outflow in March
Apr 11, 2013 - 7:30 PM

Hot money swings to net outflow in March

Outflows are due to profit taking in Philippine stocks

#TalkThursday: Cesar Purisima on PH's investment grade
Apr 04, 2013 - 7:58 AM

#TalkThursday: Cesar Purisima on PH's investment grade

#TalkThursday speaks with Finance Secretary Cesar V. Purisima on the Philippines' investment grade status and more.

Napocor wins investment grade from Fitch
Apr 03, 2013 - 4:56 PM

Napocor wins investment grade from Fitch

Fitch ups Napocor credit rating to BBB-, similar to the investment grade rating of the Philippines

PH expects another investment grade in 2013
Apr 03, 2013 - 4:31 PM

PH expects another investment grade in 2013

The central bank is aiming for another credit rating upgrade from either Moody's or Standards & Poor's

PH remains underrated - Purisima
Apr 01, 2013 - 4:18 PM

PH remains underrated - Purisima

The recently granted investment grade status is great, but this still does not reflect how foreign investors view the country as an investment destination

'Dr Doom' lauds PH credit upgrade
Apr 01, 2013 - 1:53 PM

'Dr Doom' lauds PH credit upgrade

Renowned economist Nouriel Roubini's prediction that the Philippines would achieve investment grade within the year has come true

PSEi nears 7,000 after credit upgrade
Apr 01, 2013 - 10:10 AM

PSEi nears 7,000 after credit upgrade

Investors flocked to the stock market on the first trading day after international credit rating agency Fitch upgraded the Philippines to investment grade status

PH income below investment grade countries' average
Mar 30, 2013 - 8:19 AM

PH income below investment grade countries' average

Despite upgrading the Philippines to investment grade, Fitch Ratings notes that incomes remains below the average

Fitch expects slower PH growth in 2013
Mar 29, 2013 - 3:58 PM

Fitch expects slower PH growth in 2013

Fitch projects a 5% to 5.5% growth for the Philippines in 2013, lower than government's 6% to 7% target

Rappler Newscast | March 28, 2013
Mar 28, 2013 - 10:04 PM

Rappler Newscast | March 28, 2013

US drops a dummy ordnance on South Korea. Largest cyber attack slows Internet

Fitch rates PLDT above investment grade
Mar 28, 2013 - 6:22 PM

Fitch rates PLDT above investment grade

PLDT's above-investment-grade rating is a first in Philippine corporate history

PH real estate industry welcomes investment grade
Mar 28, 2013 - 3:35 AM

PH real estate industry welcomes investment grade

Philippine's first investment grade rating to signal a boost in the Philippine Real Estate industry

Rappler Newscast | March 27, 2013
Mar 27, 2013 - 8:53 PM

Rappler Newscast | March 27, 2013

PH gets investment grade rating. USS guardian out of Tubbataha by April 1. North Korea cuts military hotline to South Korea

A first: Investment grade rating for PH
Mar 27, 2013 - 2:45 PM

A first: Investment grade rating for PH

This is the first time in history that the Philippines achieves an investment grade, which is a vote of confidence on A-lister countries considered safe to invest in

'PH investment grade likely in 6 to 8 months'
Mar 12, 2013 - 7:51 PM

'PH investment grade likely in 6 to 8 months'

A credit rating upgrade is certain within the year, says investment banker Roberto Dispo

Why PH is one of world's sexiest
Feb 14, 2013 - 10:57 AM

Why PH is one of world's sexiest

Foreign investors are quietly making their way into the Philippines, swelling attendance in business events and dollar inflows into local capital markets

INFOGRAPHIC: What a credit rating upgrade means for Filipinos
Jan 30, 2013 - 2:04 PM

INFOGRAPHIC: What a credit rating upgrade means for Filipinos

An investment grade is a seal of good housekeeping. It tells investors it is safe to do business in the country, and encourages them to put huge capital here

Roubini: PH should get investment grade
Jan 28, 2013 - 6:33 PM

Roubini: PH should get investment grade

Nouriel Roubini's pronouncements in a Manila summit are expected to be catalysts for the much anticipated ratings upgrade of the Philippines in 2013

 
Jan 22, 2013 - 7:17 PM

Each Filipino owes over P57,000 as PH debt climbs to P5.4-T

The Philippines' outstanding debt climbs 9.1% to P5.381 trillion as of end-November 2012 from the year before

 
Nov 05, 2012 - 5:00 PM

Moody's rating upgrade trims PH's borrowing cost by 1%

The rating upgrade would also trickle down to ordinary borrowers as interest rates on housing, auto, and other loans also go down

 
Nov 02, 2012 - 5:40 PM

Credit rating of Sharp cut to junk; Panasonic downgraded too

The 6-notch cut in Sharp's rating was in response to its $5.6-B annual loss forecast. Panasonic's downgrade was also due to its loss projection this year

 
Oct 29, 2012 - 1:19 PM

Moody's upgrades PH ratings

This is a vote of confidence for the country's economic performance. All 3 major debt rating agencies, including S&P and Fitch, now rate the Philippines just one step below investment grade

Uniqlo to phase out wool from mulesing
Jun 29, 2012 - 12:30 PM

Uniqlo to phase out wool from mulesing

The fashion brand heeds the call of animal rights activists.

 
Jun 19, 2012 - 10:22 PM

Fitch: below-investment grade rating for PH stays

Despite efforts of the economic managers to highlight the government's governance and anti-poverty efforts, credit agency Fitch Ratings decided to keep its current below-investment grade rating, at least for now

 
Jun 18, 2012 - 7:59 PM

Fitch downgrades India's outlook to negative

Fitch Ratings downgraded India's credit outlook from stable to negative on Monday, June 18, saying that the country's growth potential will deteriorate without a quickening of structural reforms

 
May 14, 2012 - 3:54 PM

Asia safe from Europe woes, no China hard landing: Fitch

Asian economies are better shielded from Europe's financial woes than other regions and China is unlikely to undergo a "hard landing" despite recent gloomy data, credit watchdog Fitch says