24 Sep '11, 3am

Is your dollar not stretching as far these days? Singapore inflation nears 3-year high

SINGAPORE - Consumers in Singapore have been badly stung by inflation that has risen to the highest level in almost three years even as dark clouds hovered over the economic outlook, data showed yesterday. The consumer price index (CPI) was 5.7 per cent higher in August than the same month last year, according to the Department of Statistics, accelerating from July's 5.4 per cent rise and exceeding the economists' consensus forecast of 5.2 per cent. The jump was the highest since October 2008. Stoking the price increase were higher private road transport costs, up 12.5 per cent, and accommodation costs, up 9.9 per cent. Food prices rose a more moderate 3 per cent. CIMB economist Song Seng Wun said that what caught everybody off was the steep climb in the private transport costs. He said Certificate of Entitlement (COE) premiums had been rising all the way to last month. Bu...

Full article: http://www.todayonline.com/Hotnews/EDC110924-0000269/Cons...

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jamiechin.com 27 Sep '11, 6am

:3 Posted on September 27, 2011 by Jamie Work time at the Bat Cave. This entry was posted in Snapshots . Bookmark the perm...

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sgflea.livejournal.com 28 Sep '11, 4pm

Royal Malaysian Police Force Goes High Tech and High Definition via @vernieman

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vernonchan.com 24 Sep '11, 3am

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straitstimes.com 24 Sep '11, 12am

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