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WORLD

Philippines wins Moody’s upgrade

Bloomberg News, Published on 11/12/2014

» The Philippines won a second rating upgrade from Moody’s Investors Service in just over a year, even as the central bank highlighted growth risks in refraining from raising interest rates on Thursday.

WORLD

Myanmar clears $1bn in overdue debt

Bloomberg News, Published on 28/01/2013

» Myanmar cleared about US$1 billion in overdue debt with the Asian Development Bank (ADB) and World Bank using a bridge loan from Japan, opening the door for increased lending as the country seeks to overhaul its infrastructure.