It sounds like a truism, but the economy works best when there is price stability — when inflation is low, stable and predictable. This is because people and businesses are better able to plan how they save, spend and invest, which are needed to help the economy to grow.
Even when global markets are increasingly volatile and economies fluctuate, Singapore’s monetary-policy framework continues to remain effective in maintaining price stability here.
By now, dire prognostications about the economic impact of Covid-19 have been repeated so widely and often that the world is already braced for a tough road ahead.
The global pandemic caused by the Covid-19 virus has impacted all aspects of global supply chains; from the supply of raw materials and the availabilit
The year began with the phase one signing of a trade deal between the U.S. and China. However, détente between the superpowers might only be temporary.
