Inflationary pressure INFLATION data for April 2022, which will be the key focus this week, is expected to remain at around 2%. Malaysia’s consumer price index (CPI) in March 2022 rose 2.2% to 125.6 against 122.9 in March 2021, surpassing the average inflation for the January 2011 to March 2022 period which stood at 1.9%. Bloomberg estimates a 2.2% growth year-on-year … [Read more...] about The week ahead – Inflationary pressure, Singapore CPI, GDP, Monetary policy decisions
Pasir ris singapore
Brunei is heavily dependent on its hydrocarbon resource wealth, which provides more than half of the nation’s income. The government has highlighted its concerns about the nation’s oil dependence, which leaves it vulnerable to economic shocks. Brunei sees diversification as integral to its economic development and has outlined plans to reduce oil dependency and develop other … [Read more...] about Moving Away from Oil: How Can Brunei Diversify its Economy?
KUALA LUMPUR: Share prices on Bursa Malaysia closed lower on Monday as worries grow that the Fed’s interest rate increases will slow the economy. At closing, the FBM KLCI ended 6.59 points, or 0.43% at 1,542.53. It dipped to an intraday low of 1,540.09 and hit an intraday high of 1,556.43. The broader market displayed its weakness as profit-takers triumphed over … [Read more...] about FBM KLCI pares losses but still in red
JAKARTA, May 23 (Reuters): Asian currencies overcame early market pressure to edge higher against a tepid US dollar on Monday, while the Singaporean dollar rose to a 2-1/2-week high after data showed the city-state witnessed its fastest rise in core inflation in a decade. South Korea's won and the Taiwanese dollar rose 0.3% and 0.1%, respectively, while the Thai baht and … [Read more...] about Emerging markets: Bank Indonesia’s policy meeting on Tuesday awaited as Asian FX edges higher as dollar weakens
Follow us on Telegram for the latest updates: https://t.me/mothershipsg A Singaporean man allegedly lost S$15,000 after making a trade using online brokerage Tiger Brokers. Kong Weng Hong, 29, told Mothership he sold about US$5,000 (S$6,976) worth of a US-listed penny stock in April 2022. After the trades went through, he realised that he was charged … [Read more...] about S’porean man allegedly lost S$15,000 after unexpected high transaction fees using Tiger Brokers