00:00The Philippines Improved BBB Credit Rating from Feech signals strong economic reforms in the country's ability to pay its debts on time.
00:09This rating is expected to attract more investors, create more jobs, and allow the government to borrow money at lower interest rates.
00:17It also shows the country's solid economic performance and stability compared to its Aston neighbors.
00:24Malacanang praised the rating as proof that the Philippines remains a trustworthy and promising investment destination.