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Economics

Moving on up

The ratings upgrade means cheaper interest rates on Philippine government borrowings and thereby, aid President Benigno Aquino III's efforts toward achieving its growth target of 7.5% this year.

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Read more: President Benigno Aquino III,  Standard & Poor,  BBB,  May,  M People The Philippines,  Economics,  Asia,  Brazil,  Fitch Ratings,  GDP,  India,  Indonesia,  March,  Moody,  Movin,  MSCI World index,  November 2013,  October,  President Fidel Ramos,  PSE index,  Russia,  September quarter,  Sick Man,  Spain,  Super Typhoon Haiyan,  Thailand