S&P Archives | Be Korea-savvy
S&P Maintains ‘AA’ Rating for South Korea, Projects 2.2% Growth in 2024

S&P Maintains ‘AA’ Rating for South Korea, Projects 2.2% Growth in 2024

SEOUL, April 30 (Korea Bizwire) – Global credit appraiser S&P Global Ratings said Tuesday it has maintained its credit rating on South Korea at “AA,” with a stable outlook. S&P has kept South Korea’s long-term sovereign credit rating at the third-highest level on the company’s table since August 2016, when it upgraded the rating by [...]

Philips Receives High Score for its ESG Practices from S&P Global Ratings

Philips Receives High Score for its ESG Practices from S&P Global Ratings

Amsterdam, the Netherlands, March 30 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that its strategy to do business responsibly and sustainably has been validated by S&P Global Ratings. Evaluated across the Environmental, Social and Governance (ESG) dimensions of S&P Global Ratings’ assessment, Philips received a score of [...]

S&P Upgrades S. Korea’s Sovereign Rating to Record High of AA

S&P Upgrades S. Korea’s Sovereign Rating to Record High of AA

SEJONG, Aug. 8 (Korea Bizwire) – Global credit appraiser Standard & Poor’s (S&P) raised South Korea’s sovereign rating one notch to a record high of AA from AA- on Monday, with a stable outlook on the country’s steady growth and flexible fiscal and monetary policies.  “The upgrade reflects our assessment that Korea’s strong record of [...]