Lim Hng Kiang: Inflation in Singapore likely to ease for rest of 2011

iStockAnalyst, 12 Apr 2011SINGAPORE, Apr. 12, 2011 (Xinhua News Agency) -- Singapore Trade and Industry Minister Lim Hng Kiang has said inflation in the city state has likely peaked and will moderate for the rest of the year, local media reported on Tuesday.Assuming no further increase in oil price, inflation should stay between 3 percent and 4 percent. Full story