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exchange rate
Singapore economy
MAS is set to extend policy pause on geopolitical tensions
Any surprise tightening will complicate the already-fragile growth
October 12, 2023
Results
GYP Properties report over four times higher earnings of $4.1 mil for 1H21
Revenue for the period surged nearly 10 times to $42.4 million from $4.5 million previously.
February 10, 2021
Global Economy
Markets shrug off exit of UK’s May in June; Hong Leong Asia to privatise cement unit
(June 3): June 7 will mark the end of Theresa May’s tenure as British Prime Minister, after a three-year leadership fraught with bad mistakes, resignations, controversy and widely panned policies. Her time as PM will be defined by her inability to deliv
May 31, 2019
Currencies
Stubbornly strong Singapore dollar signals new inflation battle
(Aug 28): Singapore’s dollar is approaching the upper boundary of its trading band as speculation mounts that the central bank will boost the exchange rate for a second time this year to combat inflation.
August 28, 2018
Fintech
CIMB promotion guarantees best exchange rate to transfer funds online from Singapore to Malaysia
SINGAPORE (Aug 21): CIMB Bank Singapore has launched the Singapore-Malaysia Online Funds Transfer promotion which guarantees customers get the best exchange rates in the market to remit money to Malaysia.
August 21, 2018
Singapore economy
Why MAS has no key rate
(Apr 6): Singapore monetary policy can sound a little back-to-front. While for most countries tighter policy equates to higher borrowing costs, it’s not necessarily the case for the Asian city-state, where interest rates can rise when the central bank i
April 06, 2018
MAS Friday decision guide: No move seen as growth set to flatline
SINGAPORE (Oct 13): Singapore’s central bank is being put to the test as it navigates a sluggish economy and falling consumer prices with a policy tool focused on the currency.
October 13, 2016
Yuan rises from two-month low on bets PBOC backing exchange rate
SINGAPORE (May 11): China’s yuan advanced from a two-month low amid speculation the central bank is trying to ease depreciation concerns.
May 11, 2016