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Forecasters revise up Singapore’s inflation

Professional forecasters have upped their prediction of inflation in Singapore in 2022 and 2023 amid spiraling prices in the past three months, re-opening of domestic services and loosened COVID-19 restrictions.

 

According to the quarterly survey published by the Monetary Authority of Singapore (MAS), 21 economists and analysts said CPI-All Items inflation is most likely to come in between 6.0% and 6.4% for 2022, higher than the 5.5%-5.9% range in the previous survey.

 

Meanwhile, core inflation, exclusive of accommodation and dining costs, was forecast to rise to 4-4.4% from 3.5-3.9%.

 

For 2023, the CPI-All Items inflation is estimated at 5.2%, much higher than 3.5% while core inflation is predicted at 4% compared to 3.1% in the September survey./.

 

VNA

ASEAN officials discuss Community Vision 2045, Timor Leste membership, nuclear free zone

Malaysia hosted the ASEAN Senior Officials' Meeting (SOM) and related meetings in Kuala Lumpur on April 29, according to the country's Foreign Ministry.

Int'l media praises Vietnam’s message of peace on 50th reunification anniversary

The reports widely praised Vietnam’s message of wishing to join the international community in building a future of peace, prosperity, unity, and development.

Thailand's new digital arrival cards to help track criminals

Travellers must apply at least three days before the date of their planned arrival in Thailand.

Vietnam’s heroic epic written in blood: Latin American media

The articles emphasises that the victory on April 30, 1975, when the tanks of the liberation army entered the Independence Palace

Easing tensions in trade relations

The Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), drawing hundreds of global financial leaders, are taking place from April 21 to 26 in Washington, D.C. According to Josh Lipsky, Director of the Atlantic Council’s GeoEconomics Center, this year’s meetings stand apart from previous editions, with a singular, overarching theme of tariffs and bilateral trade negotiations.

Indonesia's Mt. Lewotobi erupts

The eruption sent a column of ash up to 3,500m into the sky, with thick grey-to-black clouds drifting westward and northwestward from the crater.

Plane crash in Thailand kills at least five

The aircraft, carrying five people, crashed into the sea off the Gulf of Thailand near Baby Grande Hua Hin Hotel

PM attends virtual summit on climate action

To effectively deal with these challenges, Prime Minister Pham Minh Chinh highlighted the need for a new global-scale, comprehensive and inclusive mindset and approach;

ASEAN, US hold 37th annual dialogue in Cambodia

The co-chairs highlighted the strong and durable partnership with ASEAN over the past 48 years. They discussed pressing geopolitical issues, including the importance of facilitating a free and open Indo-Pacific.

Thailand postpones import tariffs negotiations with US

Thailand is among the Southeast Asian countries facing the highest import levy rates after its trade surplus with the US more than doubled to about 46 billion USD last year.

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