Singapore is the most active country in the region in terms of venture capital and startup enterprises.
The seasonally adjusted unemployment rate came at 3.97% in April, its highest since June 2014 and up from 3.92% in March.
MAS says it expects the core inflation to continue to accelerate and disinflationary effects of recent policy actions to ease going forward.
The April consumer price data is due on 23 May and the final Q1 GDP data will be out on 25th.
The Philippine Peso has, however, been the sole gainer.
Lee makes first trip to Russia in 40 years to attend the ASEAN-Russia Commemorative Summit in Sochi.
The ringgit is down 2.4% and the Singapore currency has fallen 1.3% on the week.
In Southeast Asia, Vietnam is leading the fast-growing economies in the region, helped by rapidly growing exports.
Taiwan contracted 0.84% in Q1 this year, after shrinking 0.8% and 0.52% in the third and fourth quarters of last year.
Overall unemployment rate was steady at 1.9%.
While overall resident wage growth was 3.5 percent in 2015, the growth this year will moderate to about 2.5–3.0 percent.
The NZD/USD pair is likely to test 0.7200 as fresh multi-month high, as long as the 0.6750 support holds.
AUD/USD dropped 1.8% on the day to 0.7605 from the previous close of 0.7748.
The contingent risks from 1MDB's liabilities could be higher than the government's actual guaranteed exposure.
Biomedical manufacturing output expands 23.1 percent in March 2016, compared to the same period a year ago.