Inflation in Singapore expected to peak in Q4. (Photo: AFP/VNA) Singapore (VNA) - Inflation in Singapore is expected to peak in the next two to four months and will start to ease thereafter, Deputy Prime Minister and Finance Minister Lawrence Wong has said. In an interview granted to Bloomberg, Wong said inflation rates here may very well settle at a higher rate given the geopolitical environment, supply chain issues and how economies are transitioning towards becoming more sustainable. He added that the extent of this easing towards the year end and where the new inflation rates will stabilise at are big uncertainties. Wong noted that they are not likely to return to the rates Singapore had been used to over the last decade or so, as zero to 1% inflation was a historical anomaly and never used to be so low. The Monetary Authority of Singapore (MAS) has already tightened monetary policy four times in the last nine months to dampen inflation, Wong said, adding … [Read more...] about Inflation in Singapore expected to peak in Q4: official
Mcmillan woods partners singapore pac
Novartis, FPT Long Chau partner to support cardiovascular patients
With this signing ceremony, Novartis and FPT Long Chau launched a comprehensive partnership focusing on strengthening the consultation capability of pharmacists in cardiovascular, diabetes, oncology, and ophthalmology areas. Joining hands to protect the hearts The project aims to improve awareness in the community and supporting patients with early screening and detection of cardiovascular diseases and treatment compliance. Specific activities include strengthening pharmacist consultation efficiency. Accordingly, Novartis will cooperate with specialized associations to offer training for FPT Long Chau pharmacists, help them improve their counseling effectiveness, and provide trainings and practical skills to optimize treatment for outpatients. To develop healthcare projects on digital platforms, Novartis and its partner will co-create and implement disease awareness programs, initiate question-and-answer platforms with experts, consult on drug use, nutrition, provide … [Read more...] about Novartis, FPT Long Chau partner to support cardiovascular patients
Singapore’s non-oil domestic exports expand by 7% in July
Ilustrative image (Photo: Xinhua) Hanoi (VNA) - Singapore's non-oil domestic exports ( NODX ) expanded 7% year-on-year in July, with June's growth revised down to 8.5% from 9% previously, Enterprise Singapore , a government agency, reported on August 17. This is the 20th consecutive month for Singapore's NODX to grow year on year. The electronic NODX increased by 10.3% year-on-year in July, following a 4.1% increase in June. Meanwhile, the non-electronic NODX in July expanded by 6.1% compared to the same period last year. On a month-on-month seasonally adjusted basis, Singapore's NODX increased by 1.4% in July to 17.8 billion SGD (12.9 billion USD), after the previous month saw a 3.2% growth. The country’s non-oil re-exports (NORX) grew by 25.2 % year-on-year in July, following a 31.4% expansion in the previous month. Both electronic and non-electronic NORX saw an increase. Its oil domestic exports in July surged by 97.1% compared to the same month last year, and … [Read more...] about Singapore’s non-oil domestic exports expand by 7% in July
Hanoi seeks cooperation with Singapore in urban management, social housing development
At the meeting. (Photo: hanoimoi.com.vn) Hanoi (VNA) – Hanoi is seeking experience from Singapore in urban governance , social housing development and enhancing capacity for cadres, Chairman of municipal People’s Committee Tran Sy Thanh has said. Referring to the municipal resolution on the city’s master planning for 2030, with a vision to 2045, the Hanoi official asked Singapore to provide support in terms of experts in this regard. For his part, the ambassador said Singapore always attaches great importance to developing the partnership with Vietnam, affirming that he will try his best to strengthen the relationship between Hanoi and Singapore. VNA … [Read more...] about Hanoi seeks cooperation with Singapore in urban management, social housing development
Denmark extends agri-food expertise to Vietnam
With expertise and advanced technology, Danish firms are expected to develop Vietnam's agri-food industry for high efficiency and sustainability. A delegation of 13 leading Danish agri-food firms in Solutions for Livestock & Food Production, Food Processing Technologies, Ingredients and Climate Control Solutions is giving expertise to Vietnamese partners Representatives of Danish companies attend the seminar held in Hanoi on August 17. Photos: Embassy of Denmark in Hanoi The delegation, which works in areas important for improving agri-food production towards high efficiency, green, and sustainability, expects to share experiences and introduce world-leading and well-proven Danish solutions in agri-food production and look for opportunities to cooperate with Vietnamese companies. The expertise was shared at during Seminar – Business Matchmaking held in Hanoi and Ho Chi Minh City on August 16-19. The events are part of a joint effort between the Embassy … [Read more...] about Denmark extends agri-food expertise to Vietnam
Seventh Moscow Conference on International Security opens
The Vietnamese delegation, led by General Ngo Xuan Lich, member of the Politburo, Deputy Secretary of the Central Military Commission, Minister of National Defense, attended the conference. The conference focused on global and regional security issues, counter-terrorism, security in Europe and the Middle East, the situation in the Asia Pacific region, and the role of multilateral cooperation mechanisms in dealing with challenges. Russian President Vladimir Putin sent to the conference a message, which was read by Nikolai Patrushev, Secretary of the Security Council of Russia, at the opening ceremony of the conference. In his opening remarks, General Sergei Shoigu, Russian Minister of Defense, reviewed issues in Russia’s relations with NATO, countries inside and outside the region, and traditional partners in Asia Pacific. He stressed that Russia’s strategic partnership with China, India, Vietnam, Laos, and Myanmar is practical, and Russia is promoting partnership with Brunei, … [Read more...] about Seventh Moscow Conference on International Security opens