Singapore’s economic growth slowest in decade World

Singapore’s economic growth slowest in decade

Singapore's economy expanded by its slowest rate in a decade in the second quarter of this year, raising fear of a recession and monetary policy easing in October, according to a Reuters article.
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 lowers 2016 GDP forecast World

Singapore lowers 2016 GDP forecast

Singapore has lowered its economic growth forecast for 2016 to between 1-2 percent, down from the initial range of 1-3 percent, the Singaporean Ministry of Trade and Industry (MTI) said on August 11.
Singapore to loosen monetary policy ASEAN

Singapore to loosen monetary policy

The Monetary Authority of Singapore (MAS) announced on October 14 that it will ease its monetary policy for the second time this year in an effort to foster economic growth.