11 Quotes by Euben Paracuelles

High oil prices are kind of benefiting Singapore in a way. We're seeing some increase in the order books of all these companies, the oil rig manufacturers.

The hike in pump prices, and electricity and gas tariffs that have also been raised, fed through to overall consumer prices. Given that the MAS expects a higher pass-through from oil, and for inflation to be higher even in 2006, the current policy stance will remain appropriate.