Monetary Authority of Singapore Managing Director Ravi Menon said policymakers need to be proactive in these times as stronger economic growth may lead to an inflation pickup.
The coming year is considered very significant for companies as they adopt Blockchain, the software behind digital currency Bitcoin, to harness its immense potential in the sector of business, money, and society.
Japans Prime Minister Shinzo Abes gamble paid off as his ruling bloc secured two-thirds of majority in the Lower House in the snap election. Following the results, Abe promised to deal firmly with North Korea amid the rising tensions in the region.
As per reports from the Energy Market Authority (EMA) in a media release to Channel NewsAsia on Friday, October 20, the Open Electricity Market is set to provide consumers with different choices thus making the course flexible.
According to Singapore Management University, Singaporeans inflation expectation has moderated in the month of September as global markets face persistently low inflation despite accommodative monetary policies and significant policy uncertainty such as increasing protectionism.
According to the latest Julius Baer wealth report, Hong Kong displaces Shanghai and Singapore as the most expensive cities for high net worth individuals in Asia.
Advanced economic estimates from the Singapore's Ministry of Trade and Industry (MTI) showed that the city-state's gross domestic product (GDP) expanded by 4.6% in the third quarter of 2017.
The Monetary Authority of Singapore (MAS) kept the monetary policy unchanged on Friday, but left room to tighten in future because of stronger economic growth.