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Philippines may be out of recession in Q2 but recovery prospects still dim

Philippines may be out of recession in Q2 but recovery prospects still dim
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Philippines out of recession but recovery hopes dim

Philippines out of recession but recovery hopes dim
phnompenhpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phnompenhpost.com Daily Mail and Mail on Sunday newspapers.

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Base effect-driven rebound expected in Q2; recovery path uncertain — poll

Base effect-driven rebound expected in Q2; recovery path uncertain — poll
cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.

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More expensive loans, fewer jobs loom with Fitch Ratings 'negative' outlook

More expensive loans, fewer jobs loom with Fitch Ratings negative outlook
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Metro Manila (CNN Philippines, July 13) With a major international debt watcher recently dialing down on its expectations of the Philippines, some economists are flagging its potential repercussions on the economy and livelihoods.
Earlier this week, Fitch Ratings revised its outlook for the country from stable to negative, with the rise in risks to the country s credit profile due to the COVID-19 health crisis and the economy s scars from it among the reasons it cited.
While the global credit rater affirmed its BBB rating for the Philippines, a negative outlook means the likelihood is there for a downgrade of the country s investment grade, UnionBank chief economist Carlo Asuncion told CNN Philippines. ....

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More expensive loans, fewer jobs loom with Fitch Ratings 'negative' outlook

More expensive loans, fewer jobs loom with Fitch Ratings 'negative' outlook
cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.

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