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Filipinos are expected to spend more next year especially on recreation amid government stimulus measures for sectors badly hit by the coronavirus pandemic, and as more people return to work, according to Fitch Ratings. Household spending will probably grow by 5.7% in 2021 after shrinking

By Beatrice M. Laforga, Reporter The Philippine central bank raised P70 billion in short-term securities on Friday due to strong liquidity. The Bangko Sentral ng Pilipinas (BSP) fully awarded the 28-day bills it had auctioned off out of P120.55 billion worth of total bids, making the offer

By Beatrice M. Laforga, Reporter The Philippine central bank raised P70 billion in short-term securities on Friday due to strong liquidity. The Bangko Sentral ng Pilipinas (BSP) fully awarded the 28-day bills it had auctioned off out of P120.55 billion worth of total bids, making the offer