Japan: Philippines A Good Payer

[monroy]

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^ Don't forget the VAT, at 12% among the highest in Asia...

[brian joshua]

di na jd d.i tantong pwera gaba ang pinas rn

[æRLO]

taud2x naman na nga news nga Philippines is relatively good at keeping up with it's loans. Karun lang jud na nigawas.

[CoolUkoy]

This is not to dampen our spirits but our sovereign bonds are still rated at BB or Ba3 (depending on which rating agency) which is below investment grade. Indonesia has already overtaken us with an investment grade rating as of this year. Aside from religiously paying our financial obligations, the current administration should also give priority to growing the economy by spending for infrastructure and attracting direct foreign investments.

[lhorenzoo]

this is good news....atleast naa tay good news na mabasa di lang puro bad news ba..

[SioDenz]

This is not to dampen our spirits but our sovereign bonds are still rated at BB or Ba3 (depending on which rating agency) which is below investment grade. Indonesia has already overtaken us with an investment grade rating as of this year. Aside from religiously paying our financial obligations, the current administration should also give priority to growing the economy by spending for infrastructure and attracting direct foreign investments.

ayaw nlan expect sa atung government. Cge rag gukod atung presidente sa iyang mga kontra mao wa na kahuna huna anang growing the country. Nagsalig lang atung gobyerno sa Dollars ipadala sa mga OFW.

[chris_bern]

Aside from religiously paying our financial obligations, the current administration should also give priority to growing the economy by spending for infrastructure and attracting direct foreign investments.

lage unta.. kaya lang dili man sya focus na e push through ang ana nga idea.. murag ang nag pa attract lang man sa foreign investments diri run sa pinas kay ang transparency sa LGU and peace and order situation while doing business in certain places in the philippines.

[CoolUkoy]

It is very risky to rely heavily on remittances from our OFWs (roughly 13% of GDP) and DFIs (which is actually very small) from BPO companies (they do provide much needed jobs for our educated unemployed workforce). We should not put our eggs in one basket. But, back to topic, the Japanese are quite shrewd in giving loans. Interest rate might appear to be very low but they more than make up for this (and earn much more) by ensuring that Japanese companies and consultants get the bulk of the contracts.

[brownie]

may lng pd lge ta sa mga gipangloan

[ironmack08]

Another Check for Philippines.....