Singapore’s economy to weaken in third quarter: MAS World

Singapore’s economy to weaken in third quarter: MAS

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 eases in March World

Singapore’s core inflation eases in March

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%.
Forecasters revise up Singapore’s inflation World

Forecasters revise up Singapore’s inflation

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 aims to be a global crypto hub ASEAN

Singapore aims to be a global crypto hub

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 releases July inflation figures World

Singapore releases July inflation figures

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).
Singapore tightens monetary policy to fight inflation World

Singapore tightens monetary policy to fight inflation

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 posts year-on-year growth of 4.8% in Q2 World

Singapore posts year-on-year growth of 4.8% in Q2

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.
Analysts cut Singapore 2022 growth forecast World

Analysts cut Singapore 2022 growth forecast

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).