Economy
MAS, Swiss gov’t body agree to push for data connectivity in finance
MAS, Swiss gov’t body agree to push for data connectivity in finance
They will work with other countries and authorities to promote financial growth.
Economy ‘moderately’ increases by 3.7% YoY in Q1: MTI
On a quarterly and seasonally adjusted basis, it grew by 0.7%.
How will the looming monetary policy tightening in October affect inflation
OCBC forecasts an "upside risk."
Chart of the day: Core inflation rises to record breaking 3.3%
This is the highest since core inflation hit 3.5% in January 2012.
Q1 GDP growth estimate may be revised up to 3.7% QoQ: analysts
The current flash estimate for Q1 GDP growth is 3.4%
Clear mandate needed to undertake WTO reform, Gan urges
APEC economies must urge MC12 in a systematic manner.
Foreign wholesale trade up by 13.6% QoQ in Q1
On a yearly basis, it grew by 46.7%.
Exports growth to taper in Q2 due to China, Russia-Ukraine issues: OCBC
Global supply chain woes may not be resolved soon.
Exports growth slows to 6.4% in April
In March, exports rose by 7.7%.
Singapore, Pacific Alliance’s work plan to boost digital economy, green energy
Both parties will review the work plan to ensure progress.
Grace Fu goes to Switzerland, Denmark to tackle climate action progress
Both events will be held in the first week and second week of May.
CLI positive China’s policy may address uncertainties
China has the intention to soften and balance economic impact, CLI said.
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.
Commentary
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