S'pore continues to do well in global rankings
At least three reports this year have given Singapore top marks in many areas of economic influence, including the ease of doing business, legal and political framework, economic stability and government efficiency. Singapore has also leapfrogged Hong Kong in a ranking of the most influential commercial centres around the world. Singapore's high marks boost investor confidence and attract foreign investment and more multinationals to set up operations here and so increase opportunities for local enterprises.
- The Straits Times, H19
India's latest moves to cap inflation may fail
India's latest measures to contain inflation, which has accelerated to a seven-year high, may not be enough to stop it from accelerating beyond 10%. The commerce ministry on Friday raised its inflation estimate for the week ended April 5 to 7.71% from 7.14%. The Reserve Bank of India raised the benchmark rate to 8% last week.
- The Business Times, P18