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The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Singapore’s headline inflation rate remained steady at 0.8% in June, staying at its lowest level in over four years. The inflation figure was lower than the 0.9% expected by economists, and comes ahead of … Read more
Taco Bell is expanding its Live Más Café concept, opening 30 more locations before this fall. The fast food chain is betting heavily on increased beverage sales. The move comes a month after McDonald’s shut down its CosMc’s spinoff. McDonald’s might be grounding CosMc’s, but Taco Bell thinks there’s still a lot of potential in … Read more
View of MAS building, Singapore Lee Yen Nee Singapore on Monday eased its monetary policy for the second straight time, as the city-state posted a lower-than-expected GDP growth of 3.8% for the first quarter, according to advance estimates. The Monetary Authority of Singapore had eased its policy stance in its January meeting too, loosening policy … Read more
Signage for the Monetary Authority of Singapore is displayed outside the central bank’s headquarters in Singapore, on October 22, 2019. Singapore’s central bank tightened its monetary policy on Thursday, saying the widely forecast move will slow the inflation momentum. Ore Huiying | Bloomberg | Getty Images Singapore’s consumer price index grew 0.9% year on year … Read more
Jack Ma, founder of Alibaba Group, attends a dinner with medical workers, who worked on the frontline of the battle against the novel coronavirus in Central China’s Hubei province, at a hotpot restaurant on June 6, 2020 in Hefei, Anhui Province of China. Zhang Yazi / China News Service—Getty Images
On 13 January 2025, Singapore officially banned the operation of Polymarket, a prominent crypto-based prediction platform. Singapore’s Monetary Authority (MAS), the country’s central bank and financial regulator, cited several reasons for the ban. Polymarket was reportedly operating without the necessary licenses required under Singapore’s Payment Services Act. This legislation mandates that entities offering payment or … Read more
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