Fitch Upgrades Philippines in Win for Duterte’s Economic Plans
December 11, 2017

Fitch Ratings raised the Philippines sovereign rating in a boost for President Rodrigo Duterte’s economic plans, which include a tax reform that’s set to strengthen the fiscal outlook.

The rating on the nation’s long-term foreign currency-denominated debt was raised one Continue reading

Philippine GDP Growth Exceeds 6% for a Ninth Consecutive Quarter
November 23, 2017

The Philippine economy grew more than 6 percent for a ninth consecutive quarter, cementing its position as one of the fastest-expanding in the world.

Key Points
  • Gross domestic product increased 6.9 percent in the third quarter from a year earlier, Continue reading

U.S. Growth at Above-Forecast 3% on Consumers and Businesses
November 3, 2017

The U.S. economy expanded at a faster pace than forecast in the third quarter, indicating resilient demand from consumers and businesses even with the hit from hurricanes Harvey and Irma, Commerce Department data showed Friday.

Highlights of Third-Quarter GDP (First Continue reading