Singapore's central bank eased monetary policy Friday for the first time in almost five years on expectations that inflation and economic growth will slow this year.
Singapore Inflation Eases to Over 3-Year Low
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.
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.
Prime Minister Lawrence Wong said that escalating tensions between the two countries could lead to catastrophic global consequences.
The first subsea cable system directly connecting Singapore to the American west coast has been granted a landing license by the US, according to Keppel Ltd., bolstering the city-state’s push as Asia’s leading digital hub.
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."
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.
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.
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.
SINGAPORE – Sixteen Malaysian s linked to a transnational scam syndicate, which caused victims to lose more than $1.4 million, were nabbed in Kuala Lumpur on Jan 13 in a raid by the Malaysian police.
As the dollar prepares for its worst weekly loss in two months, global markets ride a wave of optimism fueled by Trump's trade chatter, while the yen steadies itself for a likely rate hike.