Singapore (VNA) ꧙– The Monetary Authority of Singapore (MAS) has raised theforecast of the country’s economic growth in 2017 from 1.5 percent to 2.3percent.
The forecast came in the context thatSingapore obtained a growth rate of 2 percent last year, higher than theprevious estimate of 1.4 percent. The result was brought by the 2.9 percentgrowth in Q4 2016, coming in above the forecast of 0.8 percent in the lastsurvey. Accordingly, the indicators wereraised in manufacturing, finance and insurance as well as wholesale and retailtrade, with 4.5 percent, 2 percent and 1.1 percent. Meanwhile, new forecasts forconstruction and accommodation, food and service were lower than the previousfigure, with 0.3 percent and 1.3 percent. Singapore’s economy is expected togrow by 2.6 percent in the first quarter of this year. Consumer price index(CPI) and core inflation are projected to come in at 0.8 and 1.3 percent. The inflation forecast for 2017remains at 1.0 percent in the latest survey. Experts also said the unemploymentrate will be 2.4 percent at year-end. The MAS survey is conducted everyquarter with opinions of 23 leading Singaporean economists, after detailed dataof the three previous months was announced. -VNA
The Ministry of Trade and Industry (MTI) of Singapore has forecasted that the country’s economy will expand by between 1-3 percent in 2017 following a growth rate of 2 percent last year.
The Singaporean Government’s budget spending is expected to increase 3.68 billion SGD to 75.07 billion SGD (over 53.6 billion USD) in financial year 2017 - the highest amount so far, said Finance Minister Heng Swee Keat.
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.
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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.
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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.
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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 photo (Photo: AFP/VNA) 
