The Marcos administration received a fresh vote of confidence as Standard & Poor’s reaffirmed the Philippines’ BBB+ credit rating while keeping its positive outlook for the country—a signal that a rating upgrade may be within reach.
Two of the country’s largest business organizations expressed strong support for the Department of Finance and the Bureau of Internal Revenue following the suspension of all field audits and related enforcement actions under Revenue Memorandum Circular RMC 107-2025.
Speaking before members of the Anvil Business Club, Go said the Marcos administration has achieved significant policy milestones in its first two years but now requires private sector collaboration to accelerate progress.
The Marcos administration’s economic managers, led by Secretary Frederick Go briefed some 500 Japanese business leaders in Tokyo during a recent Philippine Economic Briefing to highlight the Philippines' growth potential.