ONCE again, the Monetary Authority of Singapore (MAS) caught the market off-guard – delivering an easing stroke by flattening the Singapore dollar policy band on Thursday, after tempering its core inflation forecast for 2016.
Flattening expectations
Singapore's central bank has flattened the Singapore dollar policy band, opting for zero per cent appreciation. BT explains why.
Despite MAS move, Singdollar remains Fed-driven: analysts
THURSDAY'S policy shift by the Monetary Authority of Singapore (MAS) to a zero per cent depreciation stance jolted the Singapore dollar, but the currency is still likely to be driven more by US Federal Reserve developments.
Singapore's NRA Capital emerges as valuer of 1MDB's Cayman investments
SINGAPORE's boutique finance house NRA Capital was roped in to value 1Malaysia Development Berhad's US$2.318 billion controversial Cayman Islands investment by fund manager Bridge Capital Partners.
Our Singapore Fund to benefit projects that build national identity
THE government will subsidise up to 80 per cent of the development costs for meaningful projects that build national identity or meet social and community needs, capped at S$50,000 per project.
Science briefs : Study: Fast food high in industrial chemicals
April 15, 2016 5:00 AM
Fast food has never been known for being healthy, but it may be even more harmful than previously thought.
Halimah closes debate with call to embrace change
SINGAPORE – Hailing the 2016 Budget as one to be remembered for slaying “not one but two sacred cows”, Speaker of Parliament Halimah Yacob yesterday laid out the challenge faced by the Government in helping Singaporeans navigate the current “period of…
Source link
WP declines invite to dialogue, will debate proposed changes in Parliament
SINGAPORE – The Workers’ Party (WP) has declined the Constitutional Commission’s invitation to speak at public hearings on the proposed changes to the Elected Presidency (EP), preferring instead to debate the matter when the Constitutional Amendment Bill is…
Source link
Age an obstacle to finding work: Senior job seekers
SINGAPORE – Since March, finding another full-time job has become Madam Han’s utmost priority and she has been painstakingly filling out countless forms to apply to five different hospitals.
The 55-year-old, who did not want to give her full name, left her…
Source link
Arts groups critical of Govt still receiving State funding
Many arts groups that have put up productions which criticised the Government continue to be funded by the State, and they have had their funding increased over the years, Ms Grace Fu said in Parliament yesterday.
The Minister for Culture, Community and Youth…
Source link
