core inflation, monetary authority of Singapore
Singapore's overall inflation has continued to slow, coming in at 2.4% for 2024. That's lower than the 4.8% from the year before. Market watchers said the trend might give authorities room to address other economic concerns.
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Singapore home prices rose at the same pace as initially estimated in the last quarter of 2024, amid speculation that the government may intervene to cool the market this year.
Singapore's prime minister has formed a committee to review electoral boundaries, the poll body said on Wednesday, an indicator that a general election in the city-state could come soon.
Economists are split on whether Singapore's central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies U.S. President Donald Trump introduces in his second term.
Prime Minister Lawrence Wong said that escalating tensions between the two countries could lead to catastrophic global consequences.
Singapore on Friday loosened its monetary policy for the first time since 2020, as it strives to boost growth. The Monetary Authority of Singapore said it would slightly reduce the slope of its exchange rate policy band, known as the Singapore dollar nominal effective exchange rate or S$NEER.
Fortunately, Singapore Prime Minister Lawrence Wong thought a full split was unlikely: "I can’t see how a full decoupling can happen at this stage."
Alessandro Palombo told BI Dubai and Singapore are both great cities for doing business but a luxury lifestyle can look very different in each hub.
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Singapore’s central bank eased its monetary policy for the first time in nearly five years, saying economic growth is likely to slow this year and inflation will stay contained.