06 Jan Vietnam, Philippines, other Asia-Pacific sovereigns face credit downgrades from flood risk if they fail to adapt: Fitch
Posted at 03:00h
in Asia
Countries in south and southeast Asia are the most exposed to flooding risks in the Asia-Pacific region, and sovereigns with a lower capacity to adapt are likely to face negative rating pressure, according to Fitch Ratings.Flooding, one of the most common types of natural disaster,...