Singaporean economy forecast to expand 0.7 pct in 2019: MAS World

Singaporean economy forecast to expand 0.7 pct in 2019: MAS

The Singapore economy is expected to grow 0.7 percent this year, up from 0.6 percent in the previous survey in September, according to the latest quarterly poll of professional forecasters by the Monetary Authority of Singapore (MAS) released December 11.
Singapore promotes “green finance” development World

Singapore promotes “green finance” development

Singapore will launch a green investment programme worth 2 billion USD, which aims to provide capital for “green” funds in the country, Education Minister Ong Ye Kung said at the Singapore FinTech Festival on November 11.
Singaporean central bank eases monetary policy World

Singaporean central bank eases monetary policy

Singapore on October 14 decided to ease monetary policy for the first time in more than three years as the national economy has narrowly avoided recession in the third quarter of 2019.
Singapore expected to ease monetary policy soon World

Singapore expected to ease monetary policy soon

As Singapore continues to see sluggish trade and growth data, with core inflation at a three-year low, economists forecast the central bank to ease monetary policy in its upcoming review and provide some support to the economy.
Singapore’s economic growth likely to be weaker this year World

Singapore’s economic growth likely to be weaker this year

The Singapore economy is likely to end the year weaker than earlier expected in the context that the ongoing tension between the US and China has stalled three of the world’s growth engines — trade, manufacturing and investments, warned Monetary Authority of Singapore (MAS) Managing Director Ravi Menon on June 27.
Singapore’s economy to grow 2.6 percent next year World

Singapore’s economy to grow 2.6 percent next year

The Monetary Authority of Singapore (MAS) on December 12 announced the results of its recent survey that Singapore’s economy will grow only 2.6 percent in 2019 due to the negative impacts of protectionism and a trade war between the US and China, the world’s first and second largest economies.
Singapore’s October exports up 8.3 percent World

Singapore’s October exports up 8.3 percent

Singapore’s exports growth picked up the annual pace in October and handily beat forecasts, thanks to a continued surge in pharmaceutical shipments though the key electronics sector contracted again.
Singapore’s inflation likely to rise slightly in 2018 World

Singapore’s inflation likely to rise slightly in 2018

Singapore’s inflation is forecast to rise slightly this year due to the impacts of global petrol and food prices, according to the Monetary Authority of Singapore (MAS) and the Ministry for Trade and Industry (MTI).
Rising food, service prices push Singapore’s inflation up in June World

Rising food, service prices push Singapore’s inflation up in June

Increase in the prices of food and services pushed Singapore’s Consumer Price Index (CPI) in June up by 0.6 percent year-on-year, according to a joint report by the Singaporean Ministry of Trade and Industry and the Monetary Authority of Singapore (MAS) released on July 23.
Singapore’s GDP forecast to grow 3.2 percent in 2018 World

Singapore’s GDP forecast to grow 3.2 percent in 2018

The Monetary Authority of Singapore (MAS) – the central bank - said on March 14 that economists have raised their forecasts for the country’s economic growth in 2018, as they upgraded their views on private consumption as well as wholesale and retail trade.