
Most foreigners granted citizenship & PR aren’t economically active
(Photo Asiaone) (Jul 27) — Immigration statistics revealed by the Government for the first time showed that, between 2007 and last year, the majority of those granted citizenship and permanent residence were not economically active — with the number of dependents outstripping working individuals. During this period, there...

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%
(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...
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