Singapore Profit

Inflation is set to hit 5% next year in the first quarter. What does this mean? It means that if your returns from fixed deposits or investments are less than 5%, you actually lose money because the value of your money cannot keep up with the inflation rate. Interest rates from fixed deposits have not [...]

Popularity: 3% [?]

Singapore’s Gross Domestic Product increased by 6.4%, and the Consumer Price Index increased by 2.9% compared to a year ago. Economists were expecting a 5.1% increase. The Consumer Price Index change is due to costlier fuel prices and an increase in the goods and services tax. Hence, inflation could be between 1.5% and 2% this [...]

Popularity: 5% [?]