The Money Awareness and Inclusion Awards (MAIA) welcomed the SMU Sim Kee Boon Institute for Financial Economics (SKBI) onboard as official Knowledge Partner for three years on Mar 15. SKBI is also the exclusive sponsor of MAIA’s newest award category for green financial literacy education, which will now be named “The Sim Kee Boon Institute for Sustainable Finance Literacy Prize”. The winner of the award will receive a prize of S$1,000. SMU Professor of Finance (Practice) and Director of SKBI Dave Fernandez said, “As an academic institute whose key areas of focus are financial inclusion and literacy, sustainable finance and financial technology, we are pleased to be a part of the Money Awareness and Inclusion Awards. We are strong believers in the need to facilitate the exchange of ideas and best-practices. The MAIAs offer a new and dynamic platform to achieve this worldwide.”
According to the Singapore Index of Inflation Expectations (SInDEx) report, jointly compiled by the SMU Sim Kee Boon Institute for Financial Economics with DBS Group, the pressure of tightening monetary policy and geopolitical turmoil, coupled with the rising demand after the recovery of the pandemic and the uncertain economic environment, has led local residents to project that the overall inflation rate one year ahead will rise to 4.6%, up from 3.8% in the last quarter. SMU Assistant Professor of Finance (Education) Aurobindo Ghosh, who leads this survey, noted that consumers have mixed views on the future direction of inflation, possibly because the monetary policy to curb price increases has yet to bear fruit. He explained that as an open and small international market, prices in Singapore may rise in the short term, and then experience a long-term downward trend
According to the Singapore Index of Inflation Expectations (SInDEx) report, jointly compiled by the SMU Sim Kee Boon Institute for Financial Economics with DBS Group, the pressure of tightening monetary policy and geopolitical turmoil, coupled with the rising demand after the recovery of the pandemic and the uncertain economic environment, has led local residents to project that the overall inflation rate one year ahead will rise to 4.6%, up from 3.8% in the last quarter. SMU Assistant Professor of Finance (Education) Aurobindo Ghosh, who leads this survey, noted that consumers have mixed views on the future direction of inflation, possibly because the monetary policy to curb price increases has yet to bear fruit. He explained that as an open and small international market, prices in Singapore may rise in the short term, and then experience a long-term downward trend
According to the Singapore Index of Inflation Expectations (SInDEx) report, jointly compiled by the SMU Sim Kee Boon Institute for Financial Economics with DBS Group, the pressure of tightening monetary policy and geopolitical turmoil, coupled with the rising demand after the recovery of the pandemic and the uncertain economic environment, has led local residents to project that the overall inflation rate one year ahead will rise to 4.6%, up from 3.8% in the last quarter. SMU Assistant Professor of Finance (Education) Aurobindo Ghosh, who leads this survey, noted that consumers have mixed views on the future direction of inflation, possibly because the monetary policy to curb price increases has yet to bear fruit. He explained that as an open and small international market, prices in Singapore may rise in the short term, and then experience a long-term downward trend
According to the Singapore Index of Inflation Expectations (SInDEx) report, jointly compiled by the SMU Sim Kee Boon Institute for Financial Economics with DBS Group, the pressure of tightening monetary policy and geopolitical turmoil, coupled with the rising demand after the recovery of the pandemic and the uncertain economic environment, has led local residents to project that the overall inflation rate one year ahead will rise to 4.6%, up from 3.8% in the last quarter. SMU Assistant Professor of Finance (Education) Aurobindo Ghosh, who leads this survey, noted that consumers have mixed views on the future direction of inflation, possibly because the monetary policy to curb price increases has yet to bear fruit. He explained that as an open and small international market, prices in Singapore may rise in the short term, and then experience a long-term downward trend
The inaugural International Conference on ESG and Climate Governance will take place at Singapore’s Marina Bay Sands, 26 and 28 June 2023. The event will bring together academic experts, practitioners, and board directors from six continents to discuss theoretical and practical challenges to global climate action.
According to the Singapore Index of Inflation Expectations (SInDEx) survey released by DBS Group and SMU's Sim Kee Boon Institute for Financial Economics, Singaporeans believe that inflation levels have peaked and will start to slow down over the next year. The quarterly online survey, now in its 49th edition, found that Singaporeans’ inflation expectations dropped from 4.9% in June 2023 to 4.5% in September. SMU Assistant Professor of finance Aurobindo Ghosh, and founding Principal Investigator of the SInDEx project, noted that recent academic literature has revealed certain behavioural biases creeping into responses of those who are exposed to more volatile grocery and gasoline prices when asked about subjective inflation expectations. As such, the survey has attempted to address some of these biases through multiple methods of finding inflation expectations of respondents while providing them with relevant information to make a more informed judgement, said Asst Prof Ghosh.
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