The last few days saw a bombardment of news from the media about Singapore’s latest budget policy. If there were too much budget jargon going on there for you, let us help you understand how it might affect you.
You know how it goes. You’re out and about in Singapore, you’re patting your pockets, turning out your wallet and checking the ash tray of your car. There’s never a gold ingot around when you need one.
WIth fears of a credit bubble hitting Singapore, the banking sector and the Monetary Authority of Singapore (MAS) have spoken up about the lack of data and scare tactics – MAS Regulator’s Statement “Serious observers and investors are not in doubt about the country’s financial health.”