The latest quarterly Singapore Index of Inflation Expectations (SInDEx) survey from DBS Bank and SMU found that people's expectations of how much prices will rise in the year ahead hit a nine-year high in March this year. The findings are in line with another survey by the Monetary Authority of Singapore (MAS), which indicates inflation remains a challenge this year. SMU Assistant Professor of Finance Aurobindo Ghosh, the founding principal investigator of the survey, said “Singapore being a small, open economy is vulnerable to all these risk factors.”
The latest quarterly Singapore Index of Inflation Expectations (SInDEx) survey from DBS Bank and SMU found that Singaporeans' one-year-ahead inflation expectations reached 4.1% in March 2022 from 3.2% in December 2021, the highest since December 2012 when it posted above 4%. DBS and SMU also found that overall headline inflation expectations rose to 5.7%, from the 3.1% recorded in December 2021. This is after adjusting potential component-wise behavioural biases and re-combining across components.
In a commentary, SMU Associate Professor of Finance and Lee Kong Chian Fellow Liang Hao, who is also a management committee member at the Singapore Green Finance Centre, and SMU students Anwesha Agarwal and Caleb Low Wei Sheng discussed the two key factors driving demand for data centres (DCs) and why there is a need to balance the ever-increasing demand for DCs with operating them in a sustainable manner.
FNCE316 is an SMU-X course designed to teach undergraduates the basic concepts underlying personal financial literacy and how to translate this classroom knowledge into practical solutions for real organizations at the forefront of financial innovation. This is the first module of its kind to be offered at a local university, and is taught by SKBI Director, Prof Dave Fernandez & SKBI Visiting Faculty, Prof Joanne Yoong.
One in three young adults in Singapore had “unmanageable debt”, according to a study by the Citi Foundation-SMU Financial Literacy Programme for Young Adults, which surveyed 1,068 respondents aged between 18 and 30 from March to April last year on topics such as debt and savings. Assistant Professor of Finance (Education) and Director of the programme Aurobindo Ghosh explained the three common reasons why such a significant proportion of young Singaporeans had unmanageable debt.
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