Lawrence Agcaoili – The Philippine Star February 10, 2022 | 12:00am MANILA, Philippines — The Philippines fell to eighth place in macro risk assessment ranking last year, from second spot in 2020, as the cover for foreign obligations and fiscal position declined due to the pandemic, according to DBS Bank Ltd. of Singapore. In its latest emerging markets risk heatmap, DBS said the Philippines and Thailand have downshifted from strong external positions. “The pandemic has been harsh on the Philippines, as it slipped from number two in 2020 to number eight in 2021,” DBS said in the report. This i…

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