Singapore's CPI is up 5.4% on year!
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1148618/1/.html
Yet at this point in time our exports are weakening due to strong Singapore Dollar. I have mentioned it before, we need a change from our exchange rate policy. Basically we do not interfere with interest rates. We combat inflation by strengthening our Singapore Dollar. Yet interest rates are at an all time low! Finance Minister are you listening? Of course not, I'm a nobody to him. Perhaps I should go to my elected president to air my views?
Yours Sincerely,
Daryl Lum
(+65) 9009 8731
visit my website @ www.DarylLum.com
read my blog @ www.DarylLum.blogspot.com
