Home2020November (Page 49)

S&P Global Ratings expects the Philippine economy to shrink by 9.5% this year, before growing by 9.6% in 2021. -- PHILIPPINE STAR/MIGUEL ANTONIO N. DE GUZMANA DEEPER-THAN-EXPECTED recession in the Philippines will increase the downside risks for the banking industry, S&P Global Ratings said. "This year's

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