Singapore's Manufacturing Output Jumps 8.5% In November
Singapore's 2025 Industrial Production Outlook Remains Cloudy -- Market Talk
Singapore's Manufacturing Output Grew at a Faster Rate in November -- Market Talk
Singapore's Manufacturing Output Increases 8.5% in November
Who will implement the reserve requirement ratio cut and interest rate cut first as expectations rise to the maximum? Industry predictions suggest that the likelihood of a reserve requirement ratio cut by the end of the year is relatively high, while an i
① Currently, it has entered the observation period for policy effects, and the signals for reserve requirement ratio and interest rate cuts are unclear. The probability of an interest rate cut this week is low, but the likelihood of a reserve requirement cut before the end of the year is higher, and the interest rate cut may have to wait until 2025 for a suitable opportunity; ② A domestic interest rate cut may further increase short-term Exchange Rates pressure, and the probability of a short-term reserve requirement cut is greater than that of an interest rate cut. Recently, the Renminbi's exchange rate against the US dollar has declined, reflecting more of a passive depreciation nature.
MAS Likely to Maintain Status Quo Despite Cooler Inflation -- Market Talk
Spinee OP : Singapore and China will enhance capital markets cooperation, planning a cross-border e-CNY pilot.
MAS and PBCDCI are embarking on a pilot that will allow travelers from both countries to use e-CNY for tourism spending in Singapore and China.