SG seen keeping currency appreciation on inflation risks
The Singapore dollar has risen 2.7% in the past three months against the U.S dollar - the biggest gainer among South-east Asia's biggest economies. (9 Oct) - The Monetary Authority of Singapore will probably refrain from easing monetary policy this month as taming inflation takes priority over reviving economic growth. The...
Manila casinos taking on Singapore
An artist's rendering shows the glass dome at Universal Entertainment Corp.'s Manila Bay Resorts in this handout image provided to the media. Source: Universal Entertainment Corp. via Bloomberg.(10 Oct) Macau casino mogul Lawrence Ho said gambling revenue in the Philippines “could easily” double to $4 billion...
US MNCs up investments in Singapore
In contrast, Singapore companies' investments in the US were less impressive but still notable. (Photo: SPH) (16 Oct) - Despite tough economic conditions, multinational corporations (MNCs) from the United States have upped their investments in Singapore, giving the city-state the honour of hosting the single largest US...
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