^
+ Follow FITCH AND MOODY Tag
FITCH AND MOODY
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1381699
                    [Title] => ADB downgrades Phl growth outlook
                    [Summary] => 

Lower government spending, higher inflation, and monetary tightening forced the Asian Development Bank (ADB) to revise its economic outlook on the Philippines downwards.

[DatePublished] => 2014-10-19 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 913900 [Title] => Gov’t optimistic of rating upgrade [Summary] =>

The Philippine government is optimistic  that the country could notch its first-ever investment grade rating this year, following last week’s meetings with debt watcher Fitch Ratings which they described as “very positive.”

[DatePublished] => 2013-02-28 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 701785 [Title] => 'Instant gratification' [Summary] =>

After one year in office, opinion is diverse over the performance of President Noynoy Aquino with the majority still supportive and hopeful that things will get better.

[DatePublished] => 2011-07-03 00:00:00 [ColumnID] => 133593 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [3] => Array ( [ArticleID] => 299751 [Title] => EVAT to reduce NG borrowing needs by 31% [Summary] => The National Government’s net financing requirement is expected to go down by 31 percent to P150 billion in 2006, from P216 billion in 2005 if the expanded value-added tax (EVAT) will be implemented, a ranking government official said.

Finance undersecretary Gil Beltran said the government will have to lower its financing requirement because of the proceeds that would be realized from the new tax law.

"Our borrowings will be cut due to the drop in the budget deficit if new VAT law is implemented," Beltran said.
[DatePublished] => 2005-10-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 204930 [Title] => Stocks to move within a narrow range ahead of Q1 corporate earnings results [Summary] => Local stocks are likely to move within a narrow range this week as the follow through buying that caused last week’s technical rebound could be capped by economic and corporate concerns, particularly as investors await firmer data on first quarter earnings.

"We expect the market to move on a tight range in the coming days with upside rather limited as macro and political overhangs would cap any rallies ensuing from any favorable news on corporate earnings," a report by RCBC Securities said,
[DatePublished] => 2003-05-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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