Noticias de dinero

Michelin to start rating hotels

PARIS: From stars to keys the Michelin Guide will start rating hotels in the same way as restaurants, it announced on Thursday. The editors say they want to create a “trusted reference” that helps travelers cut through the vast array of online hotel suggestions. NEW SUBJECT Cooks attend the award ceremony of Michelin stars for

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Noticias de dinero

A.M. Best downgrades Malayan rating • Jasper Y. Arcalas

CREDIT rating agency A.M. Best Rating Services Inc. downgraded the long-term issuer credit ratings (ICR) of Malayan Insurance Co. Inc. to “bbb” from “bbb+” as it sees the insurance firm’s capital adequacy to “remain under negative pressure.” In a recent statement, A.M. Best said the downgrade reflects the insurance firm’s “weakened” balance sheet strength fundamentals.

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Noticias de dinero

Moody’s: US shutdown to put credit rating at risk

WASHINGTON: Moody’s ratings has warned that a US government shutdown this weekend, amid political deadlock in Congress, would have negative implications for the country’s top-tier credit rating. Just four months after barely avoiding a credit default, the world’s largest economy is facing a government shutdown at the end of the month due to a concerted

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Noticias de dinero

Filinvest Land bonds secure triple-A rating

PROPERTY developer Filinvest Land Inc. (FLI) on Monday said that its planned bond issuance of up to P12 billion had earned the highest issue credit rating, along with a stable outlook, from Philippine Rating Services Corp. (PhilRatings). FLI said the proposed bonds, with a principal amount of P10 billion and an oversubscription option of P2

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Entretenimiento

apple: CERT-In issues ‘high’ severity rating for vulnerabilities detected in Apple products

The Indian Computer Emergency Response Team (CERT-In) has put out a “high” severity vulnerability report where it said that multiple vulnerabilities have been reported in Apple products which could allow an attacker to execute arbitrary code, escalation of privileges or bypass security restrictions on the targeted system. “These vulnerabilities exist in Apple products due to

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Noticias de dinero

Country Garden credit rating lowered

BEIJING: Moody’s further downgraded the credit ratings of Chinese property developer Country Garden on Thursday as the heavily indebted firm negotiates with creditors to avoid defaulting on a bond repayment. The real estate giant, which has long been deemed financially stable, was unable at the beginning of August to make two interest payments, while China’s

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Noticias de dinero

Globe Telecom ESG rating raised to ‘AA’

GLOBE Telecom on Wednesday said that Morgan Stanley Capital International (MSCI) had upgraded its ESG (environmental, social and governance) rating to “AA,” which the telco claimed was the highest rating so far among local companies. “This MSCI AA rating is a testament to Globe’s steadfast commitment to sustainability practices and a historic feat for the

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Noticias de dinero

The need to review the rules on VAT zero rating

THE amendments to the National Internal Revenue Code of 1997 (Tax Code), introduced by Republic Act (RA) 11534 (Create) and by RA 10963, or the “Tax Reform for Acceleration and Inclusion” (Train), particularly on the imposition of value-added tax (VAT) on indirect exports and limiting the transactions subject to zero-rated VAT, have caused an uproar

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Global

White House disagrees with US government credit rating downgrade

For just the second time in United States history, the US Government has had its credit rating downgraded. Ratings agency Fitch cut its rating from triple-A to double-A plus, in response to an expected fiscal deterioration over the next three years and a high and growing general government debt burden. The White House responded saying

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