CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

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Fitch boost to Manila

Published: 29 Mar 2013 - 10:47 pm | Last Updated: 03 Feb 2022 - 02:38 pm

A vendor stands next to his display of eyeglasses and belts on a side street at Manila’s Makati financial district yesterday. Fitch Ratings raised the Philippines’ credit rating to investment grade, a first for the Southeast Asian nation, in a move expected to boost investment and lift the country’s long-term growth potential.