Philippines

Fitch sees Philippine GDP growth staying above 6% – BusinessWorld – 27/07/2017

The Philippines can be expected to keep growing faster than six percent over the next five years, Fitch Ratings said, noting that strong economic activity and hefty dollar reserves will help maintain the country’s sound macroeconomic footing.

Source:  BusinessWorld, 2017/07/27

By |July 27th, 2017|Categories: News|Tags: , , |

Moody’s affirms Philippines’ Baa2 rating, maintains stable outlook – Moody’s – 27/06/2017

Moody's Investors Service ("Moody's") has today affirmed the Government of the Philippines' Baa2 long-term issuer and senior unsecured debt ratings and maintained the outlook at stable.

Source:  Moody's, 2017/06/27

By |June 29th, 2017|Categories: News|Tags: , , |

China will benefit – Business Mirror – 16/05/2017

President Duterte’s P8.2-trillion infrastructure program may sink the Philippines into deeper debt, an analyst said in a Forbes article on Sunday.

Source:  Business Mirror, 16/05/2017

By |May 17th, 2017|Categories: News|Tags: , , , |

Philippines’ Ratification of Paris Agreement Cheers Climate World – Inside Climate News – 21/03/2017

With its populist leader, Rodrigo Duterte, making a U-turn on the international climate accord, one of the world's most vulnerable countries keeps leading role.

Source:  Inside Climate News, 2017/03/21

By |March 23rd, 2017|Categories: News|Tags: , , |

Philippine foreign worker boom damped by energy price falls – FT – 04/12/2016

Remittance slowdown threatens to damage pillar of strong economic growth

Source:  FT, 2016/12/04

By |December 8th, 2016|Categories: News|Tags: , , , , |

Philippines: Gov’t urged to set clearer direction on energy policy – BusinessWorld – 31/10/2016

President Rodrigo R. Duterte should set clear direction on energy policy amid an apparent conflict between the economy’s growing demand for reliable and affordable electricity and the need to safeguard the environment by reducing greenhouse gas emissions.

Source:  BusinessWorld, 2016/10/31

By |November 3rd, 2016|Categories: News|Tags: , , |

Philippines: Moody’s says political risks ‘less predictable’ – Malaya Business Insight – 19/10/2016

Moody’s Investors Service yesterday said the country’s existing investment grade rating (Baa2) reflects sound economic and fiscal fundamentals but noted that political risks have become “less predictable.”

Source:  Malaya Business Insight, 2016/10/19

By |October 20th, 2016|Categories: News|Tags: , |

Philippines won’t honour UN climate deal, says president

Duterte says Paris climate pact seeks to dictate to developing countries and limit economic growth

Source:  The Guardian, 2016/07/19

By |July 27th, 2016|Categories: News|Tags: , , |

Philippines, a first example of the limited top-down approach in climate change negotiations

Eight months ago, the world leaders were meeting for the COP21 in Paris. The French Presidency wanted so much to make it a success that it might have claimed victory a bit too fast. 2015 had been a tough year for France and settling an international deal on climate change was maybe a way to [...]

By |July 25th, 2016|Categories: Analyst's Insight|Tags: , , , , , |

Philippines Shuts More Nickel Mines on Environment Crackdown

Nickel has jumped about 9 percent this month on supply concerns after Gina Lopez, hired by new President Rodrigo Duterte as environment secretary, began an audit of all mines and imposed a moratorium on approval of new projects. The Philippines is the world’s biggest source of nickel ore, and supplies almost all of the material [...]

By |July 20th, 2016|Categories: News|Tags: , , |