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Credit Rating Brings Sunshine To 7107 Islands

Category: Real estate, Posted:20 Apr 2013 | 06:00 am

Uber credit agency Fitch Ratings recent upgrade of the Philippines has been a huge moral victory for the often-overlooked South East Asian nation.
Under President Benigno Aquino the country has managed to provide an economic uplift of large scale proportion.
What is important is the rating list provides a platform for wider foreign investment given many funds only place money in countries who have this standing
As in all of Asia's countries though, watch is on currency appreciation driven by a flood of inflowing money and a battle over keeping inflation at bay.

Other News

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Phuket’s World Class Creative Mad Metal Men

Category: Tourism, Posted:15 Jan 2021 | 09:15 am The Underwood Art Factory with its crazy, cool, innovative metal sculptures and fabrication is one of the island’s best global exports to some of the leading design hotels around the globe. Founder John Underwood’s long-term work with renowned design guru Bill Bensley has seen his work showcased in countless iconic locations and properties. The Underwood […]
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Travel Between Bangkok and Phuket Without Quarantine Allowed

Category: Tourism, Posted:13 Jan 2021 | 10:40 am There is currently a lot of confusion on whether travel between Phuket and Bangkok is allowed, and whether a 14-day quarantine is required. The Phuket Covid-19 Information Centre have posted in Thai language only that temporary visitation is allowed (not more than 14 days). Those coming from the maximum controlled areas, high-risk areas and four […]
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Is A Forced Closure Order For Phuket Hotels Needed?

Category: Hotels, Posted:10 Jan 2021 | 18:18 pm On Saturday 9th January a new order from the Phuket governor that requires a 14-day quarantine for arrivals from Thailand’s ‘red zone’ areas has thrust the island’s hotel and tourism sector into unknown territory. The impact over the past week, post-New Year on travel to the island has methodically ground down airlift to the point […]