Showing 4566 Documents for "economic issues"

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    • MAS
    • Monetary Policy Statements

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    • 11 July 2002 INTRODUCTION 1   At the beginning of 2002, MAS announced that it would maintain a zero per cent appreciation path for the exchange rate policy band, centred on the level of the trade-weighted Singapore dollar nominal effective exchange rate (S$NEER) prevailing at that time.  Furthermore, as the economic uncertainty arising from the September 11 incident had diminished and financial markets had stabilised, the exchange rate policy band was narrowed. 2   Since then, the S$NEER has largely
    • MAS
    • Recent Economic Developments

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    • This semi-annual brief on the Singapore economy also discusses external developments pertinent to our assessment of near-term economic prospects. RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE 12 August 2022 Highlights Global GDP growth slowed markedly in the first half of the year, as intensifying inflationary pressures prompted policy tightening in many countries. Renewed COVID-related disruption in the Asia ex-Japan region was also a drag on activity,
    • MAS
    • Recent Economic Developments

    Last revised date:

    • This semi-annual brief on the Singapore economy also discusses external developments pertinent to our assessment of near-term economic prospects. RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE 12 August 2022 Highlights Global GDP growth slowed markedly in the first half of the year, as intensifying inflationary pressures prompted policy tightening in many countries. Renewed COVID-related disruption in the Asia ex-Japan region was also a drag on activity,
    • MAS
    • Speeches

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    • Introduction Chairman Tan Sri Dato’ Sri Zamzamzairani Mohd Isa, Group President & CEO Dato’ Khairussaleh Ramli, Distinguished guests, ladies and gentlemen. 1. Thank you for inviting me to address Maybank’s Invest ASEAN 2022 Conference . 2. When Andi invited me, I struggled to think of how to best describe the strange few years behind us, and the strange few years ahead of us. 3. It feels like we’ve just jumped out of a hot COVID frying pan into the fire of a hot war and a hotter planet. 4. The COVID
    • MAS
    • Monetary Policy Statements

    Last revised date:

    • 14 October 2021 INTRODUCTION 1.   In its April 2021 Monetary Policy Statement, MAS kept the rate of appreciation of the S$NEER policy band at zero percent, with no change to the width of the policy band or the level at which it was centred. This policy stance was appropriate as core inflation was projected to rise only gradually from subdued levels and keep below its historical average. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2.   Over the last six months, the S$NEER broadly fluctuated
    • MAS
    • Media Releases

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    • Singapore, 19 December 2022…The Monetary Authority of Singapore (MAS) and the Economic Society of Singapore (ESS) today launched the MAS-ESS Essay Competition 2022. To encourage debate on the future economic direction of Singapore, the theme for this year’s competition is “ The Future of Singapore: What new industries could sustain and grow Singapore’s economy, and create good jobs? ”. 2. Submissions should explore possible new or evolving industries on the horizon that can be developed in Singapore
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback: Proposed Amendments to MAS Notice 637 to Implement Composition of Capital Disclosure Requirements (130.6 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Amendments to MAS Notice 637 to Implement Composition of Capital Disclosure Requirements (1.12 MB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON PROPOSED AMENDMENTS TO PUBLIC DISCLOSURE REQUIREMENTS, SUB-DIVISION 10 OF PART XI, MAS NOTICE 637 Introduction 1.1 On 5 November
    • MAS
    • Media Releases

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    • Singapore, 8 November 2006...The Monetary Authority of Singapore (MAS) and the Economic Society of Singapore (ESS) have launched their sixth MAS-ESS Essay Competition. This year's essay title, "The Asian Financial Crisis 10 years on: What has changed and what have we learnt?", is especially significant as 2007 will mark the 10th anniversary of the Asian Financial Crisis. The topic was chosen to encourage debate on a historic event that had far-reaching consequences for the regional economies including
    • MAS
    • Speeches

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    • Monetary Policy at the Crossroads 1   Professor Tan Chorh Chuan, President of the National University of Singapore, distinguished guests, ladies and gentlemen, good morning, and welcome to the inaugural Asian Monetary Policy Forum.  Thank you all for coming. 2   I would like to particularly thank Steve Davis of Chicago Booth and Bernie Yeung of NUS Business School.  It was your vision and tireless effort that made this Forum possible.  You have assembled here a dazzling array of eminent economists
    • MAS
    • Speeches

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    •  Mr Heering Ligthart, President, ACI Financial Markets Association Mr Mervyn Fong, President, ACI Singapore Distinguished Guests, ladies and gentlemen INTRODUCTION 1   I am happy to be here to celebrate ACI Singapore's 30 th anniversary with you this evening. Turning 30 is a significant milestone.  ACI Singapore plays an important role in our treasury market. Your growth as an association has also mirrored Singapore's emergence as an international financial centre. THE SINGAPORE FINANCIAL INDUSTRY