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MAS raises inflation forecast this year to 4-4.5%

MAS raises inflation forecast this year to 4-4.5%

Singapore's central bank now expects 2012 consumer inflation of 4.0%-4.5% compared with 3.5%-4.5% previously Singapore's central bank says current monetary policy stance of gradual, modest currency appreciation remains appropriate The central bank flags euro-zone crisis as key concern for Singapore's economy (27 Jul) -... 

Singapore’s central bank says growth may fall below 1%

Singapore’s central bank says growth may fall below 1%

(25 Jul) - Singapore’s growth may fall below 1 percent should the U.S. and Chinese economies slump and the European crisis worsen significantly, the central bank said as it bolstered reserves to counter market turmoil. The island’s current gross domestic product growth forecast of 1 percent to 3 percent is based on assumptions... 

Millions Of Immigrants Cause Tension In Singapore

Millions Of Immigrants Cause Tension In Singapore

(NPR, Jul 26) - In a bid to avoid an aging society and dearth of workers, Singapore has welcomed roughly two million immigrants in the past two decades. In recent years, the topic of immigration has dominated the political landscape, with urbanites increasingly concerned about competition for jobs, housing and transportation,... 



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