Fitch revises PH outlook from 'stable' to 'positive' (Philippines Daily Inquirer)

International debt watcher Fitch Ratings revised its credit outlook for the Philippines to positive from stable, signaling its intention to grant an upgrade within the next 12 to 18 months. Sovereign credit ratings, which are indications on the government’s ability to repay obligations, are used by investors as proxies for the strength and stability of the…