A SHIFT to anti-immigrant policies in the United States could pose risks to the Philippines’ credit rating, as it could disrupt remittance flows that have been supporting strong domestic consumption, Moody’s Investors Service said in a report. Read the full story.
ECONOMISTS expect the country’s gross domestic product (GDP) growth to have stayed robust last quarter, with household consumption, investment and government spending being more than enough to offset the pull from the contraction in net exports. Read the full story.
NET foreign direct investments (FDIs) to the Philippines logged the highest in four months in August and pulled the year-to-date tally closer to the central bank’s forecast for the full year. Read the full story.
