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→News from the Philippines
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==[[Philippines News|News from the Philippines]]== | ==[[Philippines News|News from the Philippines]]== | ||
*''' | *'''S&P gives higher score for Philippine banking industry''' | ||
* | *Monday, March 1, 2019 | ||
:The | :MANILA, Philippines — The Philippines’ banking system bagged a higher score from S&P Global Ratings, citing “improvement in the institutional framework” after President Rodrigo Duterte signed into law the “New Central Bank Act.” | ||
: | :In a statement, the global debt watcher revised its Banking Industry Country Risk Assessment, or BICRA, on the Philippines to group “5” from group “6”, saying the enactment of Republic Act 11211 “strengthens the supervisory powers and monetary functions of the country's central bank.” ........... [https://www.philstar.com/business/2019/02/28/1897499/sp-gives-higher-score-philippine-banking-industry<font size=4 color=green>Full Story»</font>] | ||
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*''' | *'''Revenues of key industries up 8% ''' | ||
* | *Sunday, January 20, 2019 | ||
: | :The total gross revenue of major industries expanded by 8.1 percent in the third quarter of 2018, with the growth led by finance, real estate and manufacturing, data released by the Philippine Statistics Authority (PSA) showed. | ||
: | :However, the PSA data showed gross revenue index in the third quarter grew at a slower pace versus the 8.6 percent growth in the same quarter of the previous year ........... [https://www.malaya.com.ph/business-news/business/revenues-key-industries-8<font size=4 color=green>Full Story»</font>] | ||
==Independent Philippine Cities== | ==Independent Philippine Cities== | ||