Fresh off of the anemic 2016 Q1 GDP 0.5% on an annual basis, which translate to 0.125% “growth” for the first quarter, comes more dire news for the US. 193 more words
Tags » Monetary
SINGAPORE: The Bank of Japan (BOJ) kept its powder dry on Thursday (Apr 28), reiterating its commitment to raise the monetary base by 80 trillion yen annually and left the rate it charges commercial banks on certain reserves at 0.1 per cent. 232 more words
SINGAPORE: Wage growth will likely moderate in 2016 amid tepid employment demand and reduced tightness in Singapore’s labour market, the Monetary Authority of Singapore (MAS) said in its biannual macroeconomic review on Wednesday (Apr 27). 300 more words
SINGAPORE – The gloom blanketing Singapore’s economy is likely to deepen this year as global growth remains subdued, according to the country’s central bank.
In its twice-yearly Macroeconomic Review released on Wednesday (April 27), the Monetary Authority of Singapore (MAS) said negative business sentiment has become more pervasive and unemployment is expected to rise this year even as wage growth slows. 242 more words
THE Singapore economy is expected to see modest gains in the quarters ahead, the Monetary Authority of Singapore (MAS) said on Wednesday in its twice-yearly review, while keeping to the guidance of 2016 GDP growth at between one and 3 per cent. 388 more words