Japan-based R&I affirms Philippines’ A- rating 

MANILA, Philippines — Japan-based credit watcher Rating and Investment Information Inc. (R&I) has affirmed the Philippines’ investment-grade rating of “A-” with a stable outlook, citing the country’s robust economic base and expectations that growth will recover to around 5 percent from 2027 as budget execution normalizes. “R&I views the disruption stemming from the series of