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Archive for the ‘Snippets’ Category
SDP: By-election result makes desire for change clear

SDP: By-election result makes desire for change clear

The result of the by-election is an unambiguous sign that the people of Singapore want to see democratic change. The people of Punggol East have strongly indicated that they need to have their voice heard on matters affecting them. It is important that the PAP pays heed and clears the obstacles to the improvement of our country. The... 

Singapore Inflation Accelerates, Narrowing Scope to Ease Policy

Singapore Inflation Accelerates, Narrowing Scope to Ease Policy

Bloomberg- Jan 23, 2013 Singapore’s inflation rate rose to the highest in three months in December, reducing the central bank’s scope to ease monetary policy to boost growth. The consumer price index rose 4.3 percent from a year earlier, after climbing 3.6 percent in November, the Department of Statistics said in a statement... 

Bank probes find manipulation in Singapore’s offshore FX market – source

Bank probes find manipulation in Singapore’s offshore FX market – source

Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the offshore foreign exchange market, according to a source with knowledge of the inquiries. The discovery widens a global lending rate scandal into new markets, as fallout from the Libor case puts banks under added scrutiny... 



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