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Philippine Central bank chief sees no urgency to adjust ‘policy’

  Bloomberg The Philippines central bank sees no urgency to adjust its policy stance with inflation forecast to ease after peaking in the third quarter, Governor Amando Tetangco said. Consumer-price growth will reach close to 4 percent this year before slowing, Tetangco said in an interview in Cebu, south of Manila on Tuesday. With “the inflation forecast being within the ...

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Bank Indonesia’s top woman fights CPI with more than rates

  Bloomberg Rosmaya Hadi enlisted the help of 2,000 religious leaders to fight inflation when she ran Indonesia’s central bank in West Java region. In the world’s largest Muslim country, Hadi got them to spread a message of moderation in mosques on the eve of the Eid Al Fitr festival last year, when Indonesians usually step up spending on food ...

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BA unveils new investment plans to up earnings

  Dubai / Emirates Business British Airways (BA) on Thursday launched its investment plans for customers, focusing on excellence in the premium cabins and more choice and quality for all. The investments include: £400 million in Club World (long-haul business class), introduction of Club Europe on UK domestic services, new lounges, First Wing direct security and lounge access at Heathrow, ...

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