Central bank expected to hold monetary policy.

By bne IntelliNews October 12, 2010
Singapore is likely to maintain its monetary policy stance of modest and gradual appreciation of its dollar as a slowing of the global economic recovery keeps a lid on prices. As reported by Reuters News, the Monetary Authority of Singapore (MAS) tightened policy by moving the centre of its Singapore dollar policy band upwards and shifting its policy to modest and gradual appreciation for the currency in April on the back of annual double-digit economic growth in the first quarter.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss