- The Confederation of Indian Industry (CII), led by Mukundan, discussed necessary industry reforms in India in light of the ongoing West Asia crisis.
- Montek Singh Ahluwalia advises on Indian economic policy and outlook, noting how the West Asia crisis impacts global oil prices and supply chains.
- Climate patterns like El Nino are weakening monsoons, while the West Asia conflict drives up global energy prices and contributes to a projected GDP slowdown.
- El Nino and the West Asia crisis are adding volatility to food prices, impacting fuel costs and exchange rates.
Maybank provided inflation forecasts for Singapore, noting that El Niño and Gulf War costs are driving up food prices.
1 report, 1 independent
Updated Aug 1
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What happened
Maybank provided inflation forecasts for Singapore, noting that El Niño and Gulf War costs are driving up food prices.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Minister Foo Cexiang addressed rising prices of infant formula in Singapore.Sub-event
Maybank forecasts inflation in Singapore, citing El Niño and Gulf War costs as key drivers.1 source
Keep exploring
The entities involved
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Singapore
sovereign island country and city-state in maritime Southeast Asia
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El Niño
Spanish rap artist
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Maybank
Malaysian universal bank
Related events
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- McKinsey analyzes Singapore's economic trends, noting that energy costs from the Middle East conflict are driving up import prices.
- Climate event strains domestic food production capacity while the central bank raises rates to combat inflation in the Philippines.
- Grace Fu addresses food resilience in Singapore as the nation stockpiles rice to safeguard food security amid El Nino and geopolitical shocks.
- Forecasting warmer and drier weather conditions in Singapore due to the influence of El Niño.