Economy
Singapore posts slight drop in cryptocurrency ownership
Singapore posts slight drop in cryptocurrency ownership
The Lion City’s score went down by two points on the 2022 Independent Reserve Cryptocurrency Index.
Singapore is top Asian city in Schroders global index
Its rank went up by three spots.
Inflation to increase ‘by a bigger magnitude’ in coming months: analysts
Inflation further accelerated to 5.4% in March.
Chart of the Day: Inflation accelerates to a sizzling 5.4% in March
Prices of basic goods have been on an uptick since February last year.
Inflation picks up in March at 5.4%
It accelerated due to higher private transport, food, and services inflation.
Government inks deal with New Zealand to boost food, trade innovation
The deals seek to boost bilateral trade and develop sustainable food innovations.
Gov't to counter growth, inclusion, and sustainability challenges in 3 ways
Finance Minister Wong describes the plan as "ambitious" but possible.
Inflation to reach 9-year high of 4.1% in March: poll
The DBS and SMU report found that overall headline inflation expectations rose to 5.7%.
More Singaporeans prioritise livelihood over life, survey shows
The livelihood over life debate ratio was at 3.3.
Finance Minister Wong visits US to attend World Bank-IMF meeting
His visit is from 16 April to 25 April.
What now? Analysts lay their forecasts following Q1 GDP reveal
They still predict growth for 2022 but warn of inflation threats.
Core inflation expected to come in 2.5%-3.5% in 2022
Consumer price inflation will also be raised by more than previously anticipated.
GDP sees moderate growth at 3.4% in Q1
This is as MAS tightens monetary policy and raises inflation forecast.
MAS tightens monetary policy amidst underlying inflationary pressures
The monetary policy will be tightened in two ways.
Singapore and Chongqing strengthen bonds in finance, information, transport
Both agreed to explore opportunities in the digital and green economy.
Market participants expect MAS to recenter upwards sans slope increase
They also expect possible additional tightening of the policy band.
MAS’ band widening is still unlikely: Standard Chartered
But risks such as inflation globally cannot be ruled out.
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