Source: CNA
- wong chee tat :)
Tuesday, April 8, 2014
MAS to let Singapore dollar rise: Analysts
MAS to let Singapore dollar rise: Analysts
Analysts polled by Bloomberg say the MAS will let the Singapore dollar stay on a 'modest and gradual' appreciation path
PUBLISHED: APRIL 8, 9:37 PM
SINGAPORE — The Monetary Authority of Singapore (MAS) will probably keep favouring currency gains at its policy meeting next Monday as it seeks to curb inflation while supporting economic growth, Bloomberg News reported on Tuesday.
All 23 analysts polled by Bloomberg said the MAS, which uses the exchange rate rather than interest rates as its main policy tool, will let the Singapore dollar stay on a “modest and gradual” appreciation path.
“The external side of things is still pretty positive for Singapore. The inflation risk is still slightly to the upside for the MAS and that’s why they’ll keep the currency appreciation stance,” said HSBC Asian currency strategist Dominic Bunning.
Singapore’s inflation rate will probably quicken to 2.8 per cent this year from 2.4 per cent previously, showed an MAS survey of professional forecasters last month. The authority may also widen the currency’s trading band, reflecting “increasing confidence” in the global recovery, DBS economist Irvin Seah said.
The MAS adjusts the Singapore dollar’s pace of rise or fall against an undisclosed trade-weighted basket of currencies by changing the slope, width and centre of the exchange rate band. A steeper slope allows a faster rate of change, a broader width allows for more volatility, while a higher or lower centre reflects structural economic fundamentals.
- wong chee tat :)
Analysts polled by Bloomberg say the MAS will let the Singapore dollar stay on a 'modest and gradual' appreciation path
PUBLISHED: APRIL 8, 9:37 PM
SINGAPORE — The Monetary Authority of Singapore (MAS) will probably keep favouring currency gains at its policy meeting next Monday as it seeks to curb inflation while supporting economic growth, Bloomberg News reported on Tuesday.
All 23 analysts polled by Bloomberg said the MAS, which uses the exchange rate rather than interest rates as its main policy tool, will let the Singapore dollar stay on a “modest and gradual” appreciation path.
“The external side of things is still pretty positive for Singapore. The inflation risk is still slightly to the upside for the MAS and that’s why they’ll keep the currency appreciation stance,” said HSBC Asian currency strategist Dominic Bunning.
Singapore’s inflation rate will probably quicken to 2.8 per cent this year from 2.4 per cent previously, showed an MAS survey of professional forecasters last month. The authority may also widen the currency’s trading band, reflecting “increasing confidence” in the global recovery, DBS economist Irvin Seah said.
The MAS adjusts the Singapore dollar’s pace of rise or fall against an undisclosed trade-weighted basket of currencies by changing the slope, width and centre of the exchange rate band. A steeper slope allows a faster rate of change, a broader width allows for more volatility, while a higher or lower centre reflects structural economic fundamentals.
- wong chee tat :)
Singapore Public Holidays 2015
Public Holidays 2015
 | New Year's Day Thursday 1 January 2015 |  | Chinese New Year Thursday 19 February 2015 Friday 20 February 2015 |  | Good Friday Friday 3 April 2015 | |||
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Labour Day
Friday 1 May 2015 |  |
Vesak Day
Monday 1 June 2015 |  |
Hari Raya Puasa
Friday 17 July 2015 | |||
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National Day
Sunday* 9 August 2015 | |
Hari Raya Haji
Thursday 24 September 2015 |  |
Deepavali
Tuesday 10 November 2015** | |||
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Christmas Day
Friday 25 December 2015 | |||||||
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* The following Monday will be a public holiday
** Subject to change. Tentatively, Deepavali will fall on 10 November 2015. As with previous years, the Deepavali date on 10 November 2015 may be subject to change and will need to be reconfirmed when the Hindu Almanac is available in the first half of 2015. Should there be a change in the date, the Ministry of Manpower will issue a media release to announce the change accordingly.
** Subject to change. Tentatively, Deepavali will fall on 10 November 2015. As with previous years, the Deepavali date on 10 November 2015 may be subject to change and will need to be reconfirmed when the Hindu Almanac is available in the first half of 2015. Should there be a change in the date, the Ministry of Manpower will issue a media release to announce the change accordingly.
- wong chee tat :)
Enrol blackberry account fails!
I encountered this error on Blackberry 10 device when trying to enrol user's account to blackberry enterprise server (BES): "Your account - cannot be authenticated with your service provider. Please make sure the account settings are correct."
How to resolve?
1) First, make sure the there is no problem accessing to internet from the blackberry 10 device. Perform a simple google / yahoo/ bing search.
2) Check if the email password is correct. To check this, ask the user to login to webmail or MS Outlook (if is password protected).
If it still fails, even if the password is entered correctly, then try this:
3a) Delete the failed account.
3b) Wipe the Blackberry 10 device to its original state. Wiping to its original state allows you to start fresh.
3c) Then, test by using your account.
If you are able to access and the enrollment process is successful, you will get a message indicationg that Blackberry is activated or similar message.
3d) If your blackberry account is activated successfully. Then it is likely that user's password is incorrect. Ask user to login to webmail or MS Outlook again.
Then, try to activate the blackberry device for user. It should be successful.
Reference: http://btsc.webapps.blackberry.com/btsc/viewdocument.do?externalId=KB34177&sliceId=2&cmd=displayKC&docType=kc&noCount=true&ViewedDocsListHelper=com.kanisa.apps.common.BaseViewedDocsListHelperImp
- wong chee tat :)
How to resolve?
1) First, make sure the there is no problem accessing to internet from the blackberry 10 device. Perform a simple google / yahoo/ bing search.
2) Check if the email password is correct. To check this, ask the user to login to webmail or MS Outlook (if is password protected).
If it still fails, even if the password is entered correctly, then try this:
3a) Delete the failed account.
3b) Wipe the Blackberry 10 device to its original state. Wiping to its original state allows you to start fresh.
3c) Then, test by using your account.
If you are able to access and the enrollment process is successful, you will get a message indicationg that Blackberry is activated or similar message.
3d) If your blackberry account is activated successfully. Then it is likely that user's password is incorrect. Ask user to login to webmail or MS Outlook again.
Then, try to activate the blackberry device for user. It should be successful.
Reference: http://btsc.webapps.blackberry.com/btsc/viewdocument.do?externalId=KB34177&sliceId=2&cmd=displayKC&docType=kc&noCount=true&ViewedDocsListHelper=com.kanisa.apps.common.BaseViewedDocsListHelperImp
- wong chee tat :)
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