Political unrest sparked by public discontent over corruption, cost of living pressures and a perceived lack of economic opportunities for young people poses a...
Fitch Ratings said Thursday it expects the Islamic finance industry in the Association of Southeast Asian Nations (ASEAN) to reach $1 trillion by end-2026,...
Finance Secretary Ralph Recto on Wednesday welcomed Fitch Ratings’ reaffirmation of the Philippines’ ‘BBB’ credit rating with a ‘stable’ outlook, citing the country’s strong...
Fitch Ratings on Tuesday affirmed the Philippines’ long-term foreign-currency issuer default rating (IDR) at ‘BBB’ with a stable outlook.
It said the ‘BBB’ rating and...
Washington—US President Donald Trump ignited a potentially ruinous global trade war Wednesday as he slapped 10 percent tariffs on imports from around the world...
Fitch Ratings upgraded the viability ratings of Philippine banks, citing improved financial metrics driven by the country’s robust economic environment over the past three...
Land Bank of the Philippines receives an upgraded viability rating (VR) from Fitch Ratings, rising from ‘bb’ to ‘bb+’, reflecting the bank’s improved standalone...
Fitch Ratings said Wednesday it upgraded the viability ratings (VR) of five Philippine banks, while affirming their issuer default ratings (IDR).
It said the VR...
The Philippine government on Thursday launched a benchmark-sized bond offering, its first offshore debt transaction this year.
The benchmark 10-year bonds represent direct, general, unconditional,...
Fitch Ratings said the Philippine government initiatives to develop the Islamic finance industry are likely to support the sector’s growth in the medium to...
Credit rating agency Fitch Ratings recognized the sound monetary policy in curbing inflation in the Philippines.
Inflation, which averaged 6 percent in 2023, slowed down...
Fitch Ratings said most Asia-Pacific digital banks face higher credit risks than incumbent rivals due to their focus on underserved or unbanked market segments.
It...
