A Singapore-style system won’t work in Hong Kong
The city state's managed currency float has worked for it in the past, but its performance since the financial crisis has not been spectacular. (17 Oct) - I was a bit disappointed," writes a dissatisfied reader in response to Tuesday's Monitor column, which aimed to debunk the notion that Hong Kong should peg its currency to...
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...
Sri Lanka pushing for Singapore-style casino
An architectural model of John Keells Holdings PLC's gaming resort on Beira Lake in Colombo. (9 Oct) - Louise Fernandez has visited Sri Lanka about five times in the past decade, drawn by its white sandy beaches, tea plantations and historic temples. The South Asian island is about to give her more reasons to return. Sri...
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