MAS: Singapore can keep lid on inflation

Growth in the Singapore economy will continue to be supported by factors that underpinned the robust growth in 2005, the managing director of the Monetary Authority of Singapore told a press briefing on Thursday 20 July.

Heng Swee Keat was speaking at a briefing to release the central bank's annual report.

The MAS says inflation should fall within the targeted range of 1 to 2 percent this year, and for 2007, it is expected to hit the lower end of the 1 to 2 percent range.

Mr Heng said, "The energy

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