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                    [Title] => Ayala’s A-rating reaffirmed by Japan Credit Rating Agency
                    [Summary] => 
The Japan Credit Rating Agency Ltd.  has reaffirmed Ayala Corp.’s A- foreign currency long-term issuer rating with a stable outlook, citing the strength of the conglomerate’s diversified portfolio, resilient earnings base and prudent financial management.

                    [DatePublished] => 2026-06-12 00:00:00
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                    [SectionName] => Business
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                    [ArticleID] => 2473811
                    [Title] => Philippine economic outlook steady – JCR
                    [Summary] => 
 The Philippine economy remains resilient on the back of strong growth, easing inflation and fiscal consolidation efforts under the Marcos  administration, according to Japan Credit Rating Agency.

                    [DatePublished] => 2025-09-19 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2025/09/18/b121520232023-07-1822-26-24_2025-09-18_20-11-36442_thumbnail.jpg
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                    [ArticleID] => 2448470
                    [Title] => Japan credit watcher affirms Philippines rating
                    [Summary] => 
The Japan Credit Rating Agency (JCR) has affirmed its A- rating on the Philippines, citing the country’s sustained high economic growth, robust domestic demand and low external debt levels as key factors behind the stable outlook.

                    [DatePublished] => 2025-06-06 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 2338869
                    [Title] => Japan credit rater bullish on Philippine growth this year
                    [Summary] => The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd.  said.
                    [DatePublished] => 2024-03-08 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/03/08/182024-01-1418-25-182024-01-3120-19-39_2024-03-08_00-11-21116_thumbnail.jpg
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                    [ArticleID] => 2250747
                    [Title] => Japan credit agency affirms A- rating, stable outlook for Philippines
                    [Summary] => Japan Credit Rating Agency has affirmed the Philippines’ investment-grade credit rating of A- with a stable outlook as it maintained that the country’s fiscal soundness is intact, but said that income disparity must be addressed.
                    [DatePublished] => 2023-03-11 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
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                    [ArticleID] => 2125292
                    [Title] => JCR affirms Philippine’s rating, stable outlook
                    [Summary] => Tokyo-based Japan Credit Rating Agency Ltd. has affirmed the A-credit rating and stable outlook of the Philippines despite the delayed economic recovery due to mobility restrictions from rising COVID cases.
                    [DatePublished] => 2021-09-07 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 2020273
                    [Title] => Philippines gets surprise credit upgrade
                    [Summary] => The Philippines achieved a credit rating of A after Tokyo-based Japan Credit Rating Agency upgraded the country’s credit rating to A- from BBB+ to reflect the resilience of the economy amid the coronavirus disease 2019 or COVID-19 pandemic.
                    [DatePublished] => 2020-06-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2020/06/11/diokno_2020-06-11_19-11-55570_thumbnail.jpg
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                    [ArticleID] => 1334146
                    [Title] => Japanese agency affirms Phl’s ‘BBB’ rating
                    [Summary] => 
Japan Credit Rating Agency Ltd. has affirmed its ‘BBB’ rating on the Philippines with a stable outlook amid expectations the country’s strong economic growth will be sustained.

                    [DatePublished] => 2014-06-13 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1439008
                    [AuthorName] => Kathleen Martin
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140613/Japan-with-map-2.jpg
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JCR

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                    [ArticleID] => 2534522
                    [Title] => Ayala’s A-rating reaffirmed by Japan Credit Rating Agency
                    [Summary] => 
The Japan Credit Rating Agency Ltd.  has reaffirmed Ayala Corp.’s A- foreign currency long-term issuer rating with a stable outlook, citing the strength of the conglomerate’s diversified portfolio, resilient earnings base and prudent financial management.

                    [DatePublished] => 2026-06-12 00:00:00
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                    [Focus] => 1
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                    [SectionName] => Business
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                    [ArticleID] => 2473811
                    [Title] => Philippine economic outlook steady – JCR
                    [Summary] => 
 The Philippine economy remains resilient on the back of strong growth, easing inflation and fiscal consolidation efforts under the Marcos  administration, according to Japan Credit Rating Agency.

                    [DatePublished] => 2025-09-19 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
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                    [ArticleID] => 2448470
                    [Title] => Japan credit watcher affirms Philippines rating
                    [Summary] => 
The Japan Credit Rating Agency (JCR) has affirmed its A- rating on the Philippines, citing the country’s sustained high economic growth, robust domestic demand and low external debt levels as key factors behind the stable outlook.

                    [DatePublished] => 2025-06-06 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 2338869
                    [Title] => Japan credit rater bullish on Philippine growth this year
                    [Summary] => The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd.  said.
                    [DatePublished] => 2024-03-08 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/03/08/182024-01-1418-25-182024-01-3120-19-39_2024-03-08_00-11-21116_thumbnail.jpg
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                    [ArticleID] => 2250747
                    [Title] => Japan credit agency affirms A- rating, stable outlook for Philippines
                    [Summary] => Japan Credit Rating Agency has affirmed the Philippines’ investment-grade credit rating of A- with a stable outlook as it maintained that the country’s fiscal soundness is intact, but said that income disparity must be addressed.
                    [DatePublished] => 2023-03-11 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 2125292
                    [Title] => JCR affirms Philippine’s rating, stable outlook
                    [Summary] => Tokyo-based Japan Credit Rating Agency Ltd. has affirmed the A-credit rating and stable outlook of the Philippines despite the delayed economic recovery due to mobility restrictions from rising COVID cases.
                    [DatePublished] => 2021-09-07 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 2020273
                    [Title] => Philippines gets surprise credit upgrade
                    [Summary] => The Philippines achieved a credit rating of A after Tokyo-based Japan Credit Rating Agency upgraded the country’s credit rating to A- from BBB+ to reflect the resilience of the economy amid the coronavirus disease 2019 or COVID-19 pandemic.
                    [DatePublished] => 2020-06-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2020/06/11/diokno_2020-06-11_19-11-55570_thumbnail.jpg
                )

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                    [ArticleID] => 1334146
                    [Title] => Japanese agency affirms Phl’s ‘BBB’ rating
                    [Summary] => 
Japan Credit Rating Agency Ltd. has affirmed its ‘BBB’ rating on the Philippines with a stable outlook amid expectations the country’s strong economic growth will be sustained.

                    [DatePublished] => 2014-06-13 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1439008
                    [AuthorName] => Kathleen Martin
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140613/Japan-with-map-2.jpg
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abtest