The Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) have raised their full-year forecast for overall inflation to between 1 percent and 2 percent in 2021, up from the previous prediction of 0.5 percent-1.5 percent.
Singapore (VNA) - The Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) have raised their full-year forecast for overall inflation to between 1 percent and 2 percent in 2021, up from the previous prediction of 0.5 percent-1.5 percent.
The forecast for core inflation was kept unchanged, at 0 percent to 1 percent.
The latest monthly consumer price data showed that overall inflation in June was 2.4 percent, the highest level in seven years. Consumer prices have now risen for six straight months.
However, core inflation, which excludes private transport and accommodation costs, was decreased to 0.6 percent in June, due mainly to the steeper decline in the cost of retail and other goods.
The two agencies said core inflation in Singapore will continue to gradually increase in the coming quarters, but the return to tighter measures under phase two will dampen the momentum in underlying inflation./.
The Embassy of Vietnam in Singapore is staying in touch with the Vietnamese community in Singapore and guiding them to follow local regulations on pandemic prevention and carry out protective measures so as to protect themselves, their families and the community, spokesperson for the Foreign Ministry Le Thi Thu Hang said during a regular press conference of the ministry held virtually on July 22.
The COVID-19 pandemic has created motivation for digital transformation process and sped up the adaption of cloud computing in organisations and businesses.
Singapore’s National Day Parade (NDP) this year will be postponed to August 21 after the end of the latest COVID-19 restrictions, the Ministry of Defence (Mindef) said on July 22.
Singapore and the Pacific Alliance (PA) have concluded negotiations on a free trade agreement, towards the signing of the deal in late 2021, the Singaporean Ministry of Trade and Industry announced on July 22.
Member countries of the Association of Southeast Asian Nations (ASEAN) are preparing for the ASEAN Online Sale Day 2021, which is slated for August 8-10.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Illustrative image (Photo: Xinhua/VNA) 
