Sat.Aug 17, 2013 - Fri.Aug 23, 2013

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PH can handle financial market volatility say global credit watchers S&P and Fitch

SourceFit

The Philippine economy can manage the recent volatility of the financial market thanks to its strong fundamentals – buoyed by remittances and earnings from exports and business process outsourcing (BPO) firms – according to global credit watchers Standard & Poor’s (S&P) Ratings Services and Fitch Ratings. . According to the two financial service companies, the Philippines will not only remain afloat despite the sentiment-led market turbulence, its credit rating will rem