Showing 4566 Documents for "economic issues"

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    • MAS
    • Media Releases

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    • Singapore, 25 June 2021… The Monetary Authority of Singapore (MAS) and the Institute of Banking and Finance (IBF) announced today extensions to the enhanced training support measures to build capabilities and strengthen employability of the local workforce. These extended measures will be progressively reduced and cease on 1 July 2022. 2   Since the introduction of these measures in April 2020 and extension of training support (including the inclusion of deep-tech courses) in November 2020, training
    • MAS
    • Speeches

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    • Mr Tharman Shanmugaratnam Deputy Prime Minister and Minister-in-charge of MAS 1   The Singapore economy is restructuring towards higher value-added activities while adjusting to a more moderate rate of economic growth in line with slowing labour force growth. The Monetary Authority of Singapore’s (MAS) monetary policy will facilitate this economic transition, by ensuring that consumer price inflation is kept low and providing a conducive macroeconomic environment for innovation and investment. 2   
    • MAS
    • Speeches

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    •      Remarks by Mr Tharman Shanmugaratnam, Deputy Prime Minister, Minister for Finance & Manpower and Chairman, Monetary Authority of Singapore at the Official Naming Ceremony of AXA Tower Mr. Olivier Caron, Ambassador of France to Singapore, Mr. John Dacey, Vice Chairman for Asia Pacific, AXA, Ladies and gentlemen, 1    It is my pleasure to join you this evening at this significant event for AXA.  The new office brings together more than 600 AXA staff as well as supports AXA’s expansion in Singapore
    • MAS
    • Speeches

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    • Tharman Shanmugaratnam Deputy Prime Minister and Minister-in-charge of MAS MAS will provide an effective anchor for economic and financial stability during a period of global and regional uncertainties. We will also actively promote innovations in finance. Technology will challenge many existing players, but is a major opportunity for our financial centre. We will work with the industry to use technology to increase efficiency and lower costs of payments, enable financial institutions to expand their
    • MAS
    • Consultations

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    • This consultation sets out MAS’ proposed regulations and order applicable to entities regulated under the Payment Services Act 2019, to effect the objectives of the Act. Response VIEW DOCUMENT Response to Feedback Received on the Proposed Payment Services Regulations (616.6 KB) Annexes to the Response to Feedback Received on the Proposed Payment Services Regulation (987.8 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Payment Services Regulations (577.9 KB) t RESPONSE TO
    • MAS
    • Speeches

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    •  17 MAY 2006 Distinguished Guests, Ladies and Gentlemen, Good afternoon 1 INTRODUCTION 1.1   It gives me great pleasure to be here at this Singapore International Insurance Conference (SIIC). I understand that this is a biennial event that draws strong support and recognition across the various sectors of the insurance industry, fostering great interaction and sharing among all in the industry - the insurers, the reinsurers, the brokers and others. I am also pleased to learn that this conference
    • MAS
    • Consultations

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    • Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Legislation to Protect Payment and Settlement Systems (180.8 KB) Joint Consultation Paper by The Monetary Authority of Singapore The Attorney-Generals Chambers of and Singapore LEGAL PROTECTION FOR FINANCIAL PAYMENT SYSTEMS 15 August 2002 -------- LEGAL PROTECTION FOR FINANCIAL PAYMENT SYSTEMS CONTENTS Settlement risk Systemic risk Executive Summary Introduction Risks in Foreign Exchange Transactions
    • MAS
    • Speeches

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    • INTRODUCTION 1   I am happy to join you today at the Singapore Investment Forum, which also marks the launch of the Wealth Management Institute (WMI). 2   This symposium takes place at an opportune time. Economic prospects for East Asia are appreciably brighter than six months ago. Asia now faces a more favourable external environment with the end of the Iraq war, the abatement of SARS, and budding recovery in the G3 economies, particularly the US and Japan. Domestically, East Asian economies are
    • MAS
    • Speeches

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    • Ladies and gentlemen, I am happy to join you again at the Green Swan Conference. On behalf of the Network for Greening the Financial System (NGFS), I would like to express our gratitude for the opportunity to co-host this conference with the Bank for International Settlements, the Central Bank of Chile, and the South African Reserve Bank. The world is still not on a transition path that is aligned with the goals of the Paris agreement . According to the latest report by the Intergovernmental Panel
    • MAS
    • Monetary Policy Statements

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    • 12 April 2005 INTRODUCTION 1   In October last year, MAS announced that it would maintain the policy of a modest and gradual appreciation of the S$NEER which has been adopted since April 2004.  MAS assessed this policy stance to be supportive of economic growth, while ensuring low and stable inflation over the medium term. Chart 1 Nominal Effective Exchange Rate (S$NEER) 2   Since the Monetary Policy Statement (MPS) in October 2004, the S$NEER has fluctuated within the upper half of the policy band