Singapore avoided a technical recession, with quarterly GDP growth coming in a 1.5% on a seasonally adjusted basis, after a contraction in the previous quarter.
Singapore avoided a technical recession, with quarterly GDP growth coming in a 1.5% on a seasonally adjusted basis, after a contraction in the previous quarter.
By Xinghui Kok, Anshuman Daga and Chen Lin SINGAPORE (Reuters) -Singapore tightened monetary policy as expected for the fourth time this year to combat
Singapore's central bank on Friday (Oct 14) tightened monetary policy for the fourth time this year to rein in inflation running near a 14-year high. The Monetary Authority of Singapore (MAS), at a scheduled policy meeting, said it will re-centre the mid-point of the exchange rate policy band known as the Nominal Effective Exchange Rate, or S$NEER. There will be.