PLDT Inc (PHI.N)
14 Dec 2017
(The following statement was released by the rating agency) SINGAPORE, December 12 (Fitch) Fitch Ratings has upgraded PLDT Inc.'s Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BBB+', from 'BBB', and simultaneously affirmed the Philippine telco's Long-Term Local-Currency IDR at 'BBB+' and National Long-Term Rating at 'AAA(phl)'. The Outlook is Stable. The upgrade follows the upgrade of the Philippines' Country Ceiling on 10 December 2017 (see <a href="https://www.fitchratings.com/
MANILA PLDT Inc, one of only two wireless carriers in the Philippines, said on Monday its digital applications unit could bring in a Chinese partner and even PLDT itself is open to tying up with a mainland firm.
MANILA, Nov 27 PLDT Inc, one of only two wireless carriers in the Philippines, said on Monday its digital applications unit could bring in a Chinese partner and even PLDT itself is open to tying up with a mainland firm.
* Confirms commentary on co's 2018 budget mentioned in business mirror (internet edition) article Source text for Eikon: Further company coverage:
* Consolidated core income in 9M2017 is 7 percent higher at 23.2 billion pesos
* Co to invest nearly 7 billion Pesos in trans-pacific cable system Source text for Eikon: Further company coverage:
* Confirms statements made by Chairman and CEO regarding expected double digit growth in revenues of Home And Enterprise businesses Source text for Eikon: Further company coverage:
(The following statement was released by the rating agency) SYDNEY/BANGKOK, October 16 (Fitch) Fitch Ratings has affirmed Thailand-based telecommunications company Advanced Info Service Public Company Limited's (AIS) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BBB+' with a Stable Outlook. The agency has also affirmed its National Long-Term Rating at 'AA+(tha)' with a Stable Outlook and National Short-Term Rating at 'F1+(tha)'. At the same time, Fitch has affirmed subsi
By Sumeet Gaikwad Oct 4 Philippine and Indonesian shares posted record closing highs on Wednesday as overnight gains on Wall Street buoyed sentiment across Asia, while Thailand edged down after scaling a 24-year peak. MSCI's broadest index of Asia-Pacific shares outside Japan rose as much as 0.3 percent. Philippine stocks extended gains to a fourth session, led by financial and telecom stocks, as expectations of a tax overhaul continued to boost investor optimism.
(Corrects to remove reference to U.S. in paragraph 5) By Sumeet Gaikwad Oct 4 Most Southeast Asian shares rose on Wednesday with the Philippines and Indonesia hitting record highs, tracking gains on Wall Street, while sentiment also got a boost after the World Bank raised its growth forecasts for developing East Asia and the Pacific region. The three major U.S. stock indexes and the Russell 2000 posted record high closes for the second straight day on Tuesday, helped b