Singapore, August 20 (ANI): S&P Global Ratings on Friday placed the long-term issuer and issue credit ratings on Tata Steel Ltd, Tata Motors, ABJA Investment Co Pte Ltd, TML Holdings Pte Ltd and Jaguar Land Rover Automotive Plc on creditwatch with positive implications.
Singapore, Aug 19 (ANI): Emerging southeast Asian economies are facing intense headwinds from persistent Covid-19 pandemic waves, S&P Global Ratings said on Thursday, adding that private consumption and services will be hit hardest.
Melbourne [Australia], June 1 (ANI): Credit losses are set to fall across most Asia Pacific banking systems over the next two years, S&P Global Ratings said on Tuesday.
S&P affirms CCC-plus/C on Sri Lanka ratings with stable outlook ANI | Updated: May 31, 2021 15:36 IST
It also affirmed short-term foreign and local currency credit ratings at C. The transfer and convertibility assessment is CCC-plus. The outlook remains stable, said S&P, reflecting that risks to Sri Lanka are relatively balanced over the next 12 months.
The threat of external deterioration is partially offset by the country s access to official funding and accommodative macroeconomic policies which are likely to boost domestic demand recovery.
The ratings reflect S&P s assessment that risks to debt-servicing capacity remain elevated and the government s access to external financing is increasingly dependent on official support and favourable economic and financial conditions.