Another good news to all investor in the Philippines, we receive another investment upgrade from Standard and Poor. From "BBB- now upgraded to "BBB".
Almost a year when Philippines raised its investment grade from the same Standard and Poor when we received an upgrade of "BBB"- and now it was upgraded again.
What does it mean?
Upgrades to investment ratings for stocks and fixed-income securities are issued by equity and bond analysts respectively at brokerage houses. In the context of portfolio management, the term "upgrade" also refers to a strategy whereby the risk profile and quality of the portfolio is improved by including blue-chips in it, while eliminating speculative stocks. (source: Investopedia)
The debt watcher also noted the upgrade "reflects the country's strong external liquidity and international investment position, combined with an effective monetary policy framework relative to the country's income level," while maintaining low inflation and interest rates.
With this investment upgrade, more investor around the world are being optimistic that the Philippines will gains more revenue and increase its GDP that will show a strong economy.
In this investment upgrade it encourage more and more foreigner to investment in the country but my question is how about my fellow kababayans? When they will start to invest?
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