Fitch Solutions sees greater investment risk in PH media/telecom space

Fitch Solutions sees greater investment risk in PH media/telecom space

MAY 23, 2020The facade of ABS-CBN network headquarters in Quezon City. The NTC ordered ABS CBN to cease and desist from broadcasting on television and radio program ( last May 05, 2020 ) one day after the company’s 25 year operating franchise expired.EDWIN BACASMAS London-based think tank Fitch Solutions has warned of heightened investment risks […]
Fitch downgrades outlook for PH

Fitch downgrades outlook for PH

Debt watcher Fitch Ratings has kept the Philippines’ investment grade credit rating of “BBB” but will unlikely upgrade it in the near term given the global as well as domestic economic and fiscal decline caused by the COVID-19 pandemic. In a statement Thursday night,...