Yahoo! Philippines News - Latest Philippines News & International News Headlines: Indonesia leads Phl in race to investment grade

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Indonesia leads Phl in race to investment grade Oct 18th 2012, 16:03 MANILA, Philippines - The Philippines has to overcome hurdles before it can reach investment-grade rating, debt watcher Standard & Poor's Ratings Services (S&P) said, justifying its decision to put the country's credit outlook behind Indonesia, South East Asia's largest economy.

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