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Concerns over fiscal discipline present as KKDW spent billions above approved allocations

THE Rural and Regional Development Ministry (KKDW) has repeatedly spent well above its approved allocations for rural road projects, with the Federal Treasury warning that such commitments could place further pressure on the country’s finances. Chief...

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Dollar debasement is favouring Singapore’s currency, analysts say

The Singapore dollar is tracking the US currency in an inverse direction more closely than any other in Asia.

  • Singapore dollar tracking US dollar in inverse direction more closely than any other Asian currency.
  • Inverse correlation reaches most negative level since May 2024.
  • Dollar debasement trade and Singapore's economic growth benefit Singapore dollar.

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