SINGAPORE -- The central bank of Singapore tightened its monetary policy on Thursday in its second out-of-cycle move this year, as the city-state sees inflationary pressure rising on the back of global supply chain disruptions.
The city-state also announced that its economy grew 4.8% on the year in the April-June quarter, according to preliminary gross domestic product figures released on Thursday, faster than the 4.0% in the previous term.
