Moody's eyes Philippines' $100bn infrastructure boom with PhilRatings stake
Moody's is the first global credit rating agency to invest in a domestic player.
September 22, 2026
Last Tuesday (October 29), Standard & Poor's changed its credit outlook on the Philippines from stable to negative. The decision came after the government's announcement that the nine-month budget deficit had reached Ps166.5 billion ($31.4 billion), already over the official Ps155 billion prediction for the full-year.
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