Singapore’s central bank eased its monetary policy for the first time in nearly five years, saying economic growth is likely to slow this year and inflation will stay contained.
A company controlled by billionaire property tycoon Kwek Leng Beng will start selling premium condos in central Singapore in the next two weeks as the local housing market shows signs of recovering.
For 2024, core inflation averaged 2.4%, pulling back sharply from the 4.2% rate seen in 2023. The headline measure came in at 2.7% versus 4.8% in 2023, suggesting that policymakers' efforts to tame ...