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Briefs: Singapore's core inflation hits 13-year high; MAS grants in-principle licenses to three crypto firms

The Edge Singapore
The Edge Singapore6/23/2022 11:20 PM GMT+08  • 7 min read
Briefs: Singapore's core inflation hits 13-year high; MAS grants in-principle licenses to three crypto firms
Crypto.com signage during the Bitcoin 2022 conference in Miami, Florida, US, in April this year. Singapore-based Crypto.com revealed that it is one of those given in-principle approval for a DPT licence. Photo: Bloomberg
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Quoteworthy: "This generation sees discriminatory laws and regulations as unjustifiable, and they’re calling for a more inclusive and fair Singapore.” — Clement Tan, Pink Dot SG spokesperson at the Pink Dot 2022 Pride Parade on June 18

Singapore all-items CPI up 5.6% y-o-y in May; MAS core inflation up 3.6% y-o-y

Singapore’s core and headline inflation continued to grow in the month of May, with core inflation reaching its highest level in 13 years, since December 2008.

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