Private sector economists expect Singapore's economy to weaken further in the third quarter with a gross domestic product growth forecast of 1%, according to the quarterly survey by the Monetary Authority of Singapore (MAS) released on September 6.
Singapore’s core inflation, exclusive of private transport and accommodation costs, rose 5% year on year in March, lower than the 5.5% recorded in February and experts’ estimate of 5.1%.
After focusing on curbing inflation, the Monetary Authority of Singapore (MAS) has decided to pause monetary policy tightening as it considers growing risks confronting the economy.
The Monetary Authority of Singapore (MAS) said on March 23 that the Nexus Project prototype of the Bank for International Settlements (BIS) has successfully connected with the payment systems of Europe, Malaysia and Singapore.
The Monetary Authority of Singapore (MAS) said on March 16 that the exposure that Singaporean banks - DBS, OCBC and UOB - have to troubled banking giant Credit Suisse are "insignificant.”
Singapore's core consumer prices in November 2022 rose 5.1% year on year, according to a report by the country’s Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI).
Professional forecasters have upped their prediction of inflation in Singapore in 2022 and 2023 amid spiraling prices in the past three months, re-opening of domestic services and loosened COVID-19 restrictions.
Singapore wants to be a global crypto hub, but not be a centre for trading and speculating on cryptocurrencies, Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), has said.
Singapore is likely to experience a tough year in 2023 with high inflation and slow economic growth, according to the latest report by Monetary Authority of Singapore (MAS).
Singapore recorded a year-on-year increase of 4.8% in July core inflation, compared to the 4.4% rate in June, according to the country’s Ministry of Trade and Industry (MTI).
Inflation in Singapore is expected to peak in the next two to four months and will start to ease thereafter, Deputy Prime Minister and Finance Minister Lawrence Wong has said.
The Monetary Authority of Singapore (MAS) has recently further tightened its monetary policy by raising the mid-point of the Singapore dollar Nominal Effective Exchange Rate policy band to its prevailing level to fight price pressures.
Singapore’s economy expanded 4.8% year on year in the second quarter of 2022, led by the manufacturing sector, according to advance estimates released by the country’s Ministry of Trade and Industry (MTI) on July 14.
Private-sector analysts have shaved their growth forecast for Singapore for 2022, with the sharper-than-expected rise in inflation and slower economic activity in China among the downside risks for the Southeast Asian nation's economy, according a quarterly survey released by the Monetary Authority of Singapore (MAS).
As a result of higher energy and food costs, Singapore’s core inflation accelerated to 3.3 percent year-on-year in April from the 10-year high of 2.9 percent in March.
The Monetary Authority of Singapore (MAS) on April 14 tightened monetary policy, the third time since October 2021, with the aim to combat inflation that is expected to heat up.
Private economists kept their forecast for Singapore's 2022 economic growth at 4 percent, according to a survey recently released by the Monetary Authority of Singapore (MAS).
The year-on-year inflation rate in Laos jumped to 6.25 percent in January, the highest figure recorded since January 2020, according to the Lao Statistics Bureau.
Singapore's economy will grow by 4 percent next year, likely be driven by improvements in the construction sector as well as manufacturing and finance, according to a survey of professional forecasters.
The Monetary Authority of Singapore (MAS) announced on October 1 that it will launch a data and information-sharing platform, named Cosmic, to prevent money laundering, terrorism funding and proliferation financing.
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