Thursday, 6 January 2011

Moody's raises Philippine outlook

By ARRAN SCOTT And RHEA SANDIQUE-CARLOS
Wall Street Journal
http://online.wsj.com/article/SB10001424052748704415104576065290609133416.html?mod=WSJASIA_hpp_LEFTTopWhatNews

Moody's Investors Service Thursday raised its credit rating outlook on the Philippines to positive from stable, bringing into view a possible upgrade for the Southeast Asian nation and highlighting improving economic fundamentals in the region.

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