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Policemen and personnel of the Department of Trade and Industry seize unlicensed firecrackers and fireworks at a stall in Bocaue, Bulacan on Dec. 28, 2020. Stores selling firecrackers sprouted as Filipinos prepare to greet the new year. PHOTO BY JOHN ORVEN VERDOTE

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BSP seen unlikely to touch rates this year

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The Philippine central bank would probably pause monetary easing this year until previous rate cuts lead to substantial credit growth, according to Standard Chartered...