Difference between revisions of "Cities of the Philippines"

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==[[Philippines News|News from the Philippines]]==
==[[Philippines News|News from the Philippines]]==
*'''Philippines gets JCR upgrade, nears top credit rating'''
*'''ADB hikes lending to PH to $3B this year'''
*Saturday, April 27, 2019 12:00 am
*Saturday, April 27, 2019


:MANILA, Philippines — The Philippines is close to attaining its first-ever A credit rating after securing an outlook upgrade from Japan Credit Rating Agency Ltd. (JCR) to positive from stable, citing the government’s twin efforts to accelerate infrastructure development and boost revenues through tax reform.
:The Asian Development Bank (ADB) has increased its lending for the Philippines this year and will support, among others, the water sector, according to Takehiko Nakao, ADB president.


:This means the Philippines is now only a step away from securing a single-A credit rating from the Japanese debt watcher ........... [https://www.philstar.com/business/2019/04/27/1912845/philippines-gets-jcr-upgrade-nears-top-credit-rating<font size=4 color=green>Full Story»</font>]
:The ADB said earlier this week lending operations for the Philippines this year will focus on climate resilient infrastructure development to meet expanding demand and raise the country’s competitiveness. There will be several projects and programs in a pipeline expected to reach around $3 billion for 2019 ........... [https://www.malaya.com.ph/business-news/business/adb-hikes-lending-ph-3b-year<font size=4 color=green>Full Story»</font>]


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*'''S&P grants ‘BBB’ rating to govt euro bond offer'''
*'''Philippines gets JCR upgrade, nears top credit rating'''
*Friday, April 26, 2019  
*Saturday, April 27, 2019 12:00 am


:THE government’s planned euro debt market received on Thursday an investment grade score from S&P Global Ratings.
:MANILA, Philippines — The Philippines is close to attaining its first-ever A credit rating after securing an outlook upgrade from Japan Credit Rating Agency Ltd. (JCR) to positive from stable, citing the government’s twin efforts to accelerate infrastructure development and boost revenues through tax reform.


:In a statement, the debt watcher said it had “assigned its ‘BBB’ long-term foreign currency rating to the proposed benchmark-size euro-denominated senior unsecured notes to be issued by the Philippines.” ........... [https://www.manilatimes.net/sp-grants-bbb-rating-to-govt-euro-bond-offer/545391/<font size=4 color=green>Full Story»</font>]
:This means the Philippines is now only a step away from securing a single-A credit rating from the Japanese debt watcher ........... [https://www.philstar.com/business/2019/04/27/1912845/philippines-gets-jcr-upgrade-nears-top-credit-rating<font size=4 color=green>Full Story»</font>]


==Independent Philippine Cities==
==Independent Philippine Cities==
325,636

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