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

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