Rising labour costs may heighten inflation: DBS

Inflation expectation could be a concern when workers demand for higher wages to cope with the rising inflation.

According to DBS, rising labour costs on the back of a tighter labour market and hikes in foreign work levies will likely exert more pressure on the price index going forward.

Risk of a wage-price spiral cannot be discounted. Externally, though a strong Sing dollar may help to fend off part of the imported inflationary pressure, some spillover effect will surely be felt with oil prices now already at USD 100/bbl level and appears to be rising further while global food prices continue to surge. With that, we continue to see strong bias towards further tightening by the MAS in the next policy review in April.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia