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Singapore keeps its title to the most expensive city for individual people with a high network, reports Global Wealth and Lifestyle Report Julius Baer 2025.
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The Central Bank of Singapore warned that the economy of the city-state “is projected moderately in the second half of 2025 from its strong pace in (the first half), as it retained its monetary policy of the invariable.
Singapur’s monetary power said it would have the width and level at which its political range is focused on trading from Trump administration.
“In particular, the trade-related sector should see the rollback,” the Central Bank said in a statement about monetary policy on Wednesday.
The economy that depends on Singapore’s exports evaded the technical recession In the second quarter, the growth increased by 1.4% in the quarter more than a quarter and is not expected to reduce 0.5%.
In the second year, Singapore GDP grew 4.3% in the second quarter, accelerating from 4.1% in the first three months and winning expectations.
Unlike most countries, Singapore does not use interest rates to manage its monetary policy, and instead strengthens or weakens the Singapore dollar on the basket of its major trading partners in politics.
The exact course is not set; Instead, the SGD may move within the set policy range, the exact levels of which are not revealed.
The move comes after the Central Bank has decreased the monetary policy twice earlier in 2025 and said that now “in the appropriate position to respond to the risk of medium-term prices.”
The decision also comes after reported the comments of the Deputy Prime Minister Ghan Kim Yong This stated that the US is “incomplete” as to whether the tariff level remains 10% for Singapore imports in the US
Gan was in the US from July 20 to July 26, and he said that “the US did not discuss a discount on the base tariff.”
Singapore was injured by 10% Levi, despite the trade deficit from the US and has concluded a free trade agreement since 2004.
On April 2, the city state did not receive a “tariff letter” and did not come to the transaction with the United States with “Liberation Day”.
Singapore’s economy is highly dependent on exports while export consists 178.8% GDP city-state In 2024, according to the World Bank.
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