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NEW UPDATES Asean Affairs  24 June 2015  

Consumer prices in Singapore fell 0.4% in May

SINGAPORE: Inflation in Singapore came in at -0.4 per cent year-on-year in May, up from -0.5 per cent in April, due to the higher cost of private road transport, said the Ministry of Trade and Industry on Tuesday (Jun 23).

After a 2.1 per cent fall in April, private road transport cost rose 1 per cent  in May, due to higher Certificate of Entitlement (COE) premiums and a smaller correction in petrol pump prices.

Accommodation costs fell by 2.5 per cent in May due to the soft housing rental market, MTI said.

Services inflation fell to 0.5 per cent, from 1.1 per cent in April, mainly due to budgetary measures including the reduction in the concessionary foreign domestic worker levy and the waiver of national examination fees, as well as a smaller increase in telecommunication services fees, the ministry added.

Food inflation was down to 1.8 per cent, from 2.1 per cent in April, as the slower rise in non-cooked food prices more than offset the sharper price increases for restaurant meals, according to the press release.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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