Singapore's key consumer price gauge rose 1.9% in November on a yearly basis, lower than economists' forecasts and the smallest rise in nearly three years, official data showed on Monday. The core inflation rate - which excludes private road transport and accommodation costs - was lower than the 2.

Singapore’s core inflation continued its decline in November to a three-year low, beating economists’ expectations, on the back of easing food and services costs. Core inflation, which strips out private transport and accommodation costs to better reflect the expenses of households here,

Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.

Singapore solidified its status as a leading digital assets hub in 2024, granting 13 crypto licenses to a mix of major exchanges and global operators, more than doubling the previous year’s approvals,

Singapore stepped up its efforts to become a leader in digital assets in 2024, while Hong Kong struggled to keep pace in the race to attract crypto businesses. According to a Bloomberg report, Singapore issued 13 crypto licenses to various operators in 2024.