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Fund managers voted with their feet and brought 4-month portfolio money back to the US
Foreign fund managers have voted with their feet for a third month in a series and repatriated their investments elsewhere.
According to data published by...
IMF flags country’s corporate debt as among the most vulnerable in Asia
The International Monetary Fund on Thursday flagged corporate debt in the Philippines as among the most vulnerable in Asia and urged the monetary authorities...
Fitch affirms country’s investment-grade status
New York-headquartered Fitch Ratings has affirmed the country’s investment-grade credit rating of ‘BBB’ and revised the outlook to ‘stable’ from ‘negative.’
The sovereign has maintained...
BOP imbalance eases to only $148 million in April
The shortfall created by the country’s foreign currency spending versus its foreign currency earnings moderated to only $148 million in April from the year...
Future-proof energy sector to avert supply crisis – World Bank
The government must be willing to invest large amounts of time and resources in future-proofing the Philippines’ power sector if it is serious in...
