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The official bank rate has existed in various forms since 1694 and has ranged from 0.1% to 17%. [7] The name and meaning (depositing vs lending) of this key interest rate has changed over the years. The current name, Official Bank Rate , was introduced in 2006 [ 7 ] and replaced the previous Repo Rate (repo is short for repurchase agreement ...
The Singapore Tiger Standard, an English morning daily newspaper, was accused as "anti-Merdeka" by S. Rajaratnam, [7] and was closed in 1959 after the People's Action Party came to power. [ 8 ] In 1971, the Government crackdown on newspapers perceived to be under foreign influence or with subversive tendencies; saw the closing of The Eastern ...
This rate is revised periodically. However, there is no predetermined schedule. The repo rates are changed reactively depending on the economy. As in other countries, repo rates affect the money flow into the nation's economy and affect the inflation and commercial banks' lending or interest rate. As of May 2020, the Bank Rate is 4.65%. [14]
[3] [4] At the archive's launch, it included 14 newspapers, [5] including the New Nation, Sin Chew Jit Poh, [6] Nanyang Siang Pau, Berita Harian, the Singapore Weekly Herald, the Straits Mail, [3] The Business Times, today, Streats, the Malayan Saturday Post, the Straits Observer, and the Straits Telegraph and Daily Advertiser. [7]
The Business Times is a Singaporean financial newspaper under SPH Media, a media organisation with businesses in print, digital, radio, and outdoor media in Singapore. The paper is published Monday to Saturday, with the Saturday edition called The Business Times Weekend. It had a circulation (print and digital) of 39,500. [citation needed]
It commenced in June, 2000, and it was set up to oversee liquidity on a daily basis and to monitor market interest rates. For the LAF, two rates are set by the RBI: repo rate and reverse repo rate. The repo rate is applicable while selling securities to RBI (daily injection of liquidity), while the reverse repo rate is applicable when banks buy ...
Berita Harian (Malay for "Daily News") is the sole Malay-language broadsheet newspaper published in Singapore. It is published daily from Monday to Saturday, and on Sunday as Berita Minggu (Malay: "Sunday News"). It was founded on 1 July 1957. The newspaper was revamped in May 2013. It had an average daily circulation of 52,500 in 2012 ...
The newspaper's average daily sales had dropped to 60,000, according to Warren Fernandez, Editor-in-Chief of the English/Malay/Tamil Media group of SPH, before it became a freesheet. [ 6 ] On 17 October 2016, Singapore Press Holdings announced a 10% cut of staff, [ 7 ] [ 8 ] [ 9 ] and that My Paper and The New Paper (TNP) would be merged to ...