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Singapore: Transition to green economy must be orderly to keep inflation in check, job market stable: MAS chief

SINGAPORE – Decarbonising the global economy will induce inflation and trigger a major reset of the labour market, said Mr Ravi Menon, managing director of the Monetary Authority of Singapore (MAS). However, an orderly transition to a greener economy may help keep both inflationary pressures and the disruption in labour markets manageable, he said in […]

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Singapore biz bullish on Cambodia growth prospects

Many international organisations, including the World Bank, International Monetary Fund and Asian Development Bank, have projected good GDP growth for Cambodia in 2022 and the years ahead. The growth predictions are based on the revival in the country’s prospects following the resumption of socio-economic activities after the government effectively controlled the Covid-19 pandemic. Some businesses […]

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Singapore non-oil exports grow at slower pace of 7% in July

SINGAPORE- Singapore’s key exports saw slower growth last month as shipments of non-electronic products eased, with analysts predicting the momentum will continue to cool in the coming months as the global economic landscape darkens. Non-oil domestic exports (Nodx) expanded 7 per cent year on year in July, with June’s growth revised down to 8.5 per cent from […]

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