Chua Hak Bin

MAS maintains Singdollar policy stance in Oct, citing a rebound in Singapore's economy in 2021 - THE EDGE SINGAPORE

Singapore economy

MAS maintains Singdollar policy stance in Oct, citing a rebound in Singapore's economy in 2021

The Monetary Authority of Singapore (MAS) has maintained its monetary policy stance – in line with expectations from market watchers – at its half-yearly review on Oct 14.

Singapore's GDP remains in the red with 7% slump in 3Q2020: MTI - THE EDGE SINGAPORE

Singapore economy

Singapore's GDP remains in the red with 7% slump in 3Q2020: MTI

Singapore’s Gross Domestic Product (GDP) slumped 7% year-on-year in 3Q2020 ended September, according to advance estimates penciled by the Ministry of Trade and Industry (MTI) on Oct 14.

Government measures to prevent economy from contracting by 5.6%, but Singapore still expected to face a full year recession - THE EDGE SINGAPORE

Singapore economy

Government measures to prevent economy from contracting by 5.6%, but Singapore still expected to face a full year recession

The close to $100 billion in relief measures disbursed has prevented Singapore’s economy from a further 5.6% in 2020 and 4.8% in 2021, says the Monetary Authority of Singapore (MAS).

Singapore economy

MTI to release advance 3Q GDP estimates on Oct 13; strong growth may trigger policy shift, says Maybank

SINGAPORE (Oct 6): The Ministry of Trade and Industry announced it will release the advance estimates for growth in Singapore's gross domestic product (GDP) in the third quarter of this year at 8am

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