Be in a silent church with silent people and have someone remark "oh you're so pretty and sexy right now," and you will have people turning heads to the person being referred to.

Be in a noisy market palengke and say the same thing to the same person and the only on ethat will take the compliment is you.

Hong Kong, January 25, 2008 — Moody's Investors Service has changed to positive from stable the outlook on the Philippines' key ratings and ceilings. The rating action is prompted by progress in stabilizing public sector finances and an easing in the government's dependence on external financing.

The affected ratings include the B1 long-term government foreign- and local-currency ratings, the B1 foreign-currency bank deposit ceiling and Ba3 foreign currency country ceiling.

"Improved macroeconomic conditions and fiscal performance are mutually reinforcing each other," said Moody's Senior Vice President Tom Byrne. "Low inflation has anchored inflationary expectations, despite upward pressure from high international food and oil prices."

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