Monthly Archives: March 2011

SINGAPORE: The Monetary Authority of Singapore (MAS) is expected to conduct another tightening move at its upcoming monetary policy meeting in April. This is according to analysts who believe that it will likely be milder this time compared to MAS’s … Continue reading →

HONG KONG: China could overtake the United States as the world’s largest economy if it maintains annual growth of eight per cent over the next 20 years, the World Bank’s chief economist said Wednesday. China, which last year overtook Japan … Continue reading →

SINGAPORE: Singapore’s February consumer price index (CPI) rose by five per cent, versus market expectations for a rise of 5.4 per cent. This was due to slower rise in costs of transport, housing and food, according to the Department of … Continue reading →

SINGAPORE: More of Singapore’s affluent are looking to buy properties in global cities like London, to take advantage of the strengthening Singapore dollar which has gained against overseas currencies such as the UK pound, said bankers. The Singapore dollar has … Continue reading →

Vietnam’s government is set to raise electricity prices by 15% on Tuesday, at a time when the population is already struggling with a soaring cost of living. Last week the Vietnamese government also raised the retail prices of oil products … Continue reading →

HONG KONG – Inflation pressures in China and India mounted on Tuesday as data showed manufacturing costs jumped last month, raising the prospect of fresh rate rises. The news came as the countries’ central banks struggle to contain prices and … Continue reading →