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Singapore's central bank may ease monetary policy outside its half yearly reviews if oil prices fall more sharply or China's economy takes a turn for the worse, but economists say a repeat of last January's surprise easing is unlikely for now.
The Future Economy Committee chaired by Finance Minister Heng Swee Keat will form five subcommittees to deep dive into specific areas as part of their work to set the direction for Singapore's economic future.
Global commodities player Trafigura Group has appointed Mr Tan Chin Hwee as its chief executive officer for Asia-Pacific, making him the first Singaporean and Asian to be named in such a senior position in the firm.
The American Chamber of Commerce in Singapore (AmCham) officially opened its newly expanded office in Orchard on Monday (Jan 11). AmCham said in a statement that the enhanced platform will enable it to better support its growing membership with "advocacy, insights, and connections".
Moody's cut Malaysia's sovereign credit rating outlook to stable from positive on Monday (Jan 11) due to the negative impact of changes in the external environment on the Southeast Asian economy's growth.
China stock markets extended a global rout on Monday (Jan 11), sending Asian shares to their lowest in over four years as as doubts mounted about Beijing's ability to manage the world's second-biggest economy.
