BusinessWeek, 26 Apr 2010
April 26 (Bloomberg) -- Singapore’s tighter monetary policy is “appropriate” as the island’s economic recovery is becoming more entrenched, Trade Minister Lim Hng Kiang said today.
“We expect some inflationary pressures to emerge as the economy recovers,” Lim, who is also deputy chairman of the Monetary Authority of Singapore, said in response to questions in parliament today. Full Story