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09 Jun 21

MAS leaves monetary policy unchanged amid COVID-19 uncertainties, low inflation

  • Millennium group
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SINGAPORE: Singapore’s central bank left its monetary policy unchanged on Wednesday (Apr 14), as widely expected, on the back of weak inflation and uncertainties from the COVID-19 pandemic. In its half-yearly monetary policy statement, the Monetary Authority of Singapore (MAS) said it is maintaining “a zero per cent per annum rate of appreciation” of its […]
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09 Jun 21

Still possible for Singapore’s economy to grow 6% or more this year, economists say

  • Millennium group
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SINGAPORE: There is still a possibility for Singapore to chalk up growth of 6 per cent or more this year, according to economists who do not expect the recently imposed COVID-19 curbs to throw the economic recovery off course for now. These economists have pencilled in full-year estimates of 6 per cent to 7 per cent growth, […]
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