Fitch affirms PH’s ‘BBB’ rating

FITCH Ratings has affirmed the Philippines’ investment grade rating at “BBB” with a stable outlook after noting the country’s robust medium-term growth potential and stable debt level. “The ‘BBB’ rating and Stable Outlook reflect the Philippines’ strong medium-term growth, which supports a gradual reduction in government debt/GDP (gross domestic product) …

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Cyber invasion

“The infiltration happens during office hours in Beijing, from 8 a.m. to 5 p.m., Monday to Friday, suggesting a structured effort. Likely targeted by massive spying operations with the use of the internet, the Philippines has entered a conflict that it needed to confront immediately even ahead of threats transpiring …

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Global concern it is

Anticipating the resumption by PXP or any other Philippine-led service contractors in the area, China has been deploying a mass of vessels in the area, harassing seacraft manned by Philippine servicemen on supply missions to the beached BRP Sierra Madre at Ayungin Shoal which is within the Reed Bank Keen …

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Sweden seeks stronger ties with Philippines

At the Swedish National Day celebration on Thursday were (from left) Sweden’s Defense Minister of Pål Jonson, Swedish Ambassador Annika Thunborg and Defense Secretary Gilberto Teodoro. MANILA, Philippines — The embassy of Sweden in Manila held its Swedish National Day celebration on June 6 with a focus on enhancing bilateral …

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Tax probe ordered into Mayor Guo’s assets, partners

Bureau of Internal Revenue (BIR) Romeo Lumagui, Jr. announced on Friday they have formally opened an investigation into possible tax evasion charges against Bamban, Tarlac Mayor Alice Guo and her companies. In a press statement, Lumagui said he has ordered BIR personnel to look into the names and entities mentioned …

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