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NTUC Income to expand digital offerings to Indonesia, Vietnam, Malaysia through partnerships

SINGAPORE – Insurer NTUC Income is expanding its operations to Indonesia, Vietnam and Malaysia through strategic partnerships with leading insurance companies in these countries. The partnerships will be built on the insurance-as-a-service model, in which insurers deliver personalised insurance products to the customer in a simplified way while taking into account when and how they require them. NTUC […]

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Singapore’s inflation rises to 1.2pc in Sept

SINGAPORE (XINHUA) – The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) said yesterday that the MAS core inflation rose to 1.2 per cent on a year-on-year basis in September from 1.1 per cent in the previous month. The increase was largely driven by higher food inflation, said the authorities. Meanwhile, […]

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Singapore: Economists raise inflation forecasts after Sep core, headline inflation rates surprise on upside

SINGAPORE’S core and headline inflation rates edged up marginally in September, surprising private-sector economists who had expected them to hold steady, and prompting some to revise inflation forecasts upwards. While the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) maintained their inflation forecasts for 2021 and 2022, their outlook has […]

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