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Chinese manufacturers are pretty bullish on the Philippines

Chinese manufacturers are pretty bullish on the Philippines
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BPI sees impact of rate hikes to be felt in housing by 2025

AYALA-led Bank of the Philippine Islands (BPI) expects the impact of accelerating interest rates in three years to four years’ time. “We are anticipating the lower appetite to come in three years to four years’ time because these [rate hikes] will affect the sales of the developers during the pandemic,”…

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