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Tag: S&P Global Ratings

S&P assigns ‘BB/B’ ratings to Asialink Finance on strong capital

S&P Global Ratings assigned its ‘BB’ long-term and ‘B’ short-term issuer credit ratings to Asialink Finance Corp. on Monday, citing the company’s strong capitalization...

S&P affirms PLDT’s ‘BBB’ ratings on enhancements following cost overrun

S&P Global Ratings has affirmed PLDT Inc's 'BBB' credit rating, citing improved corporate governance and tighter controls over capital expenditure. The outlook is stable. S&P...

S&P Global assigns Group C jurisdiction ranking to Philippines

S&P Global Ratings assigned a Group C jurisdiction ranking assessment to the Philippines’ national insolvency regime, citing a weak legal framework for creditors and...

Philippines GDP per capita seen rising to $5,800 by 2028

S&P Global Ratings expects the Philippines gross domestic product (GDP) per capita to sustain its growth over the medium term, reaching $5,800 by 2028. “Our...

S&P Global affirms Philippines’ ‘BBB+’ credit rating despite infra slowdown

S&P Global Ratings on Thursday affirmed its 'BBB+' long-term and 'A-2' short-term sovereign credit ratings for the Philippines, maintaining a positive outlook. The debt watcher...

S&P sees limited scope in Asia Pacific for further interest rate cuts in 2026

Asia-Pacific's economic growth is expected to hold up in 2026, supported by resilient domestic demand in many economies and a tentative thaw in US-China...

PH stocks rally to 5,800 on peso gain, policy continuity

Local shares jumped back to the 5,800 level on Wednesday as the peso strengthened and after Moody’s Ratings and S&P Global Ratings signaled policy...

Maynilad earns ‘medium green’ rating for climate transition from S&P Global

West Zone concessionaire Maynilad Water Services Inc. received a “medium green” rating in a Climate Transition Assessment from S&P Global Ratings, recognizing its progress...

S&P revises credit outlook for Meralco to positive

S&P Global Ratings revised its credit rating outlook for Manila Electric Co. (Meralco) to positive from stable, while affirming our ‘BBB’ long-term issuer credit...

10 PH banks on solid ground amid tariff tensions

S&P Global Ratings expects the top 10 Philippine banks to cope with tests posed by US tariffs as strong capitalization and liquidity provide a...

Major PH developers pursue growth despite industry strains—S&P

The top four property developers in the Philippines are leading their sector out of a post-pandemic hangover, according to S&P Global Ratings. The entities are...

PH launches US dollar bond offering to fund 2025 budget

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,...

Asia-Pacific sovereign ratings outlook hinges on policy choices, heopolitics

Sovereign credit trends in Asia-Pacific were little changed in the first half of 2024, with only one rating action in the period. S&P Global Ratings...

Asia’s Islamic banking a fertile market

Asia-Pacific Islamic banks can expect steady expansion and broadly stable asset quality in the next few years, according to S&P Global Ratings. “We expect financing...
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