As a result of higher energy and food costs, Singapore’s core inflation accelerated to 3.3 percent year-on-year in April from the 10-year high of 2.9 percent in March.
Hanoi (VNA) - As a result ofhigher energy and food costs, Singapore’score inflation accelerated to 3.3 percent year-on-year in April from the 10-year high of 2.9 percent in March.
This is the highest since January 2012,when core inflation came in at 3.5 percent, according to a joint release of the Monetary Authority of Singapore (MAS) and the Ministry of Trade andIndustry (MTI).
Core inflation excludes accommodationand private transport costs, which tend to be significantly influenced bysupply-side administrative policies and are volatile, they said.
The headline consumer price index, oroverall inflation, stood at 5.4 percent year-on-year in April, the same asin March, as private transport inflation moderated.
MAS and MTI noted external inflationarypressures remain strong amid elevated global commodity prices, as well asongoing supply chain frictions driven by both the Russia-Ukraine conflict andthe regional pandemic situation.
In the near term, heightenedgeopolitical risks and tight supply conditions will keep crude oil priceselevated, they added./.
There is urgency to hasten efforts to transform Singapore’s workforce to drive socio-economic growth as the country is recovering from the COVID-19 pandemic, said an article published by The Business Times.
The Singaporean government has earmarked nearly 500 million SGD (about 367.55 million USD) to boost tourism recovery, said Minister of State for Trade and Industry Alvin Tan on April 6.
The Monetary Authority of Singapore (MAS) on April 14 tightened monetary policy, the third time since October 2021, with the aim to combat inflation that is expected to heat up.
Singapore wants to further promote cooperation with Vietnam in clean and renewable energy, Singaporean Ambassador to Vietnam Jaya Ratnam said at a recent working session with Deputy Minister of Industry and Trade Dang Hoang An in Hanoi.
Indonesia and Singapore plan to build an international container port in Kendal industrial park - a joint venture between the two countries - in Central Java of Indonesia, Singapore's Finance Minister Lawrence Wong has said.
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: The Star) 
