Enterprises need support through fiscal policies

Enterprises need support through fiscal policies

The recent sharp interest rate cut of the State Bank of Vietnam (SBV) is said to be in time and will affect positively enterprises but these impacts are in the medium and long term.
Banks offer preferential interest rates for enterprises affected by Covid-19

Banks offer preferential interest rates for enterprises affected by Covid-19

Amid the context that the outbreak of an acute respiratory disease caused by the novel coronavirus (Covid-19) is happening complicatedly, causing negative impacts on economic growth, the State Bank of Vietnam (SBV) ordered commercial banks not to increase interest rates, including mobilizing interest rates.
The Monetary Authority of Singapore (MAS) manages monetary policy through exchange rate settings, rather than through interest rates. (Photo: todayonline.com)

Singaporean central bank eases monetary policy

Singapore on October 14 decided to ease monetary policy for the first time in more than three years as the national economy has narrowly avoided recession in the third quarter of 2019.

Banknotes of Singapore (Photo: www.straitstimes.com)

Singapore expected to ease monetary policy soon

As Singapore continues to see sluggish trade and growth data, with core inflation at a three-year low, economists forecast the central bank to ease monetary policy in its upcoming review and provide some support to the economy.

Illustrative image (Source: Internet)

Singapore likely to keep monetary policy unchanged

Singapore’s central bank is likely to keep its monetary policy stance on hold in its meeting next month as inflation eases and the growth outlook for the export-reliant economy dims.
Pre-tax profits of listed banks are forecast to rise by 45.2 per cent in 2018 (File Photo)

Tightened monetary policy forecast for Q4 2018

The State Bank of Vietnam (SBV) will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk sectors in the third quarter didn’t adversely affect the country’s economic growth, according to experts.