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Private sector off on September 2021 inflation projections

MANILA - Most private sector institutions have overshot their September 2021 inflation forecasts, with their median projection at 5 percent, or higher than the actual headline inflation rate of 4.8 percent for the period. Based on a newspaper poll, the Department of Finance (DOF) said only John Paolo Rivera of the Asian Institute of Management (AIM), and Emmanuel Lopez of the Colegio de San Juan de Letran, projected a lower rate of 4.5 percent and 4.7 percent, respectively, while 15 others placed their forecasts between 4.9 and 5.2 percent. Standard Chartered economist Jonathan Koh, and Citi's Nalin Chutchotitham, predicted the September inflation rate to be at 4.9 percent. Philippine National Bank (PNB) vice president and head of Equity Research Division Alvin Joseph Arogo, Sun Life Financial (SunLife)'s Patrick Ella, ING Bank NV Manila senior economist Nicholas Antonio Mapa, Ateneo de Manila University (ADMU) economist Ser Percival Pena-Reyes, Rizal Commercial Banking Corp. (

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Thailand May Loosen Some Curbs as Covid-19 Outbreak Eases

Thailand May Loosen Some Curbs as Covid-19 Outbreak Eases Jan 20 2021, 12:31 PM January 20 2021, 10:28 AM January 20 2021, 12:31 PM (Bloomberg) Thailand’s capital and some other provinces are considering relaxing restrictions on businesses and travels in the coming weeks amid a decline in new coronavirus cases in certain regions. (Bloomberg) Thailand’s capital and some other provinces are considering relaxing restrictions on businesses and travels in the coming weeks amid a decline in new coronavirus cases in certain regions. Chiang Mai, the most-populous province in northern Thailand, lifted a ban on serving alcohol in restaurants from Wednesday, while Bangkok Metropolitan Authority is set to meet on Thursday to consider reopening some businesses including massage parlors and gyms.

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Thailand may loosen some curbs as Covid-19 outbreak eases

BANGKOK (BLOOMBERG) - Thailand s capital and some other provinces are considering relaxing restrictions on businesses and travels in the coming weeks amid a decline in new coronavirus cases in certain regions. Chiang Mai, the most-populous province in northern Thailand, lifted a ban on serving alcohol in restaurants from Wednesday (Jan 20), while the Bangkok Metropolitan Authority is set to meet on Thursday (Jan 21) to consider reopening some businesses, including massage parlors and gyms. Thailand, grappling with its biggest Covid-19 outbreak since it first detected a case a year ago, has seen new weekly cases decline in the past week after imposing area-specific measures based on infection risks.

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