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S&P sees room for Philippines credit rating upgrade
philstar132d ago

S&P sees room for Philippines credit rating upgrade

The Philippines stands out as one of only three Asia-Pacific economies with a positive sovereign rating outlook for 2026, as improving fiscal and external balances strengthen the country’s credit profile despite political and geopolitical headwinds, according to S&P Global Ratings.

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Taiwan to Hike U.S. LNG Imports After Reaching Trade Deal
oilprice132d ago

Taiwan to Hike U.S. LNG Imports After Reaching Trade Deal

After striking a trade and investment deal with the United States last month, Taiwan plans to hike imports of U.S. LNG this year to have American gas account for about a third of its supply. “We plan to increase purchases of natural gas from the U.S. to 30%-33% this year from about 10% now,” Fang Jeng-zen, chairman of Taiwan’s state-held oil and gas company CPC Corporation, told reporters on Thursday, as carried by Reuters. Taiwan wants to buy more gas from the U.S. and will reduce imports from other suppliers, said the Economy...

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Voters Reject Motion To Cut Town Budget By $933K
caledonianrecord132d ago

Voters Reject Motion To Cut Town Budget By $933K

LITTLETON — After making an unsuccessful motion on Monday to reduce the school district budget by $2 million, or about 10 percent, former Select Board member Carrie Gendreau made another motion during Wednesday’s town deliberative session to reduce the proposed...

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Inflation quickens to 11-month high
philstar132d ago

Inflation quickens to 11-month high

Inflation accelerated to an 11-month high in January, amid faster increases in utility and restaurant and accommodation costs, according to the Philippine Statistics Authority.

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Typhoon shocks pose risk to growth – IMF
philstar132d ago

Typhoon shocks pose risk to growth – IMF

More frequent and destructive typhoons are increasingly acting as a double shock to the Philippine economy, with new analysis from the International Monetary Fund (IMF) showing that severe storms can simultaneously push up inflation and drag down output.

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