CNA938 Rewind - MAS tightens Singapore monetary policy for second straight time
Singapore's Monetary Authority (MAS) has tightened its monetary policy for the second consecutive time, defying market expectations. The central bank cited stronger economic growth in the second half of the year and persistent external inflationary pressures that are expected to continue feeding through to consumer prices. Andrea Heng and Hairianto Diman get an analysis on the latest with Dr Taimur Baig, Managing Director and Chief Economist, DBS Bank