Showing 4566 Documents for "economic issues"

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    • MAS
    • Speeches

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    • Ms Susan Soh, Chairman of IMAS, Ms Maggie Ng, Head of ASEAN of Bloomberg, Distinguished Guests, Ladies and Gentlemen, 1     I am delighted to join you at the IMAS-Bloomberg Investment Conference 2019. 2     This is the 20th year that IMAS is holding its annual conference. The inaugural partnership with Bloomberg marks this significant milestone and further demonstrates the conference’s status as the leading buy-side event in Asia. 3     This year’s theme is ‘Reimagining Tomorrow’. Indeed, the global
    • MAS
    • Speeches

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    • Prime Minister Lee Hsien Loong, Chairman and Board Members of MAS, ESM Goh Chok Tong, Friends and Family of MAS Welcome to the MAS’ 50th Anniversary Partners Appreciation Evening – the first in a series of events to commemorate our Golden Jubilee. This evening is a time for thanksgiving. There are about 50 of us here at the MAS Building and about 800 friends and family joining us virtually. This includes our friends from the financial industry, consumer and governance groups, tripartite partners,
    • MAS
    • Speeches

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    •  Distinguished Guests, Ladies and Gentlemen, Good Evening. I would like to extend my heartiest congratulations to Daiwa Securities Company on the opening of Daiwa Wealth Management office in Singapore. I am honoured to be able to join you here this evening for this joyous occasion. 2   Daiwa has a long history of operating in Singapore, having first set up operations in 1972 through a joint venture with DBS Bank Ltd. Today, all of Daiwa Securities Group's main subsidiaries have established presence
    • MAS
    • Monetary Policy Statements

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    • 14 October 2019 INTRODUCTION 1. In its April 2019 Monetary Policy Statement, MAS maintained the rate of appreciation of the S$NEER policy band. There was also no change to the width of the policy band or the level at which it was centred. This policy stance was assessed to be appropriate, given contained inflationary pressures and a narrowing of the positive output gap. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2. Over the last six months, the S$NEER has fluctuated within the upper half
    • MAS
    • Speeches

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    • View video recording of the Fireside Chat here . View video recording of the Speech Highlights here . Mr Edmund Koh, UBS Head of Wealth Management Asia-Pacific, Ladies and gentlemen, good morning.  Let me first wish everyone a happy 2018.  And also thank UBS for the invitation to speak at this conference. Global growth about as good as it gets 2017 has been a good year for the global economy. World GDP is estimated to have grown by 3.8%, significantly higher than the 3.2% registered in 2016. This
    • MAS
    • Speeches

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    • 1.     Good morning, and thank you for inviting me to speak at this first virtual career fair by the Institute of Banking and Finance (IBF) for the financial services sector. Opening 2. The financial services sector is a key contributor to Singapore’s economy, and has provided good job opportunities for Singaporeans. In 2019, the sector accounted for 13.3% of GDP Refers to Financial and Insurance activities, excluding holding companies (expressed in nominal terms). and employed more than 170,000
    • MAS
    • Monetary Policy Statements

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    • 14 October 2016 INTRODUCTION 1.   In April 2016, MAS reduced the slope of the Singapore dollar nominal effective exchange rate (S$NEER) policy band to zero percent. There was no change to the width of the policy band or the level at which it was centred. This policy stance was assessed to be appropriate given the more modest outlook for economic growth in 2016 as well as the expectation that MAS Core Inflation would average slightly below 2% in the medium term. Chart 1 S$ Nominal Effective Exchange
    • MAS
    • Monetary Policy Statements

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    • 14 October 2013 INTRODUCTION 1   In April 2013, MAS maintained the modest and gradual appreciation path of the S$NEER policy band, with no change to its slope, width, and the level at which it was centred.  This policy stance, which has been in place since April 2012, has helped to alleviate inflationary pressures and anchor inflation expectations, as well as facilitate the restructuring of the economy. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2   Over the last six months, the S$NEER remained
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback Received- Draft Regulations for Reporting of Foreign Exchange Derivatives Contracts (115.4 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Draft Regulations for Reporting of Foreign Exchange Derivatives Contracts (139.6 KB) RESPONSE TO FEEDBACK RECEIVED DRAFT REGULATIONS PURSUANT TO THE SECURITIES AND FUTURES ACT FOR THE REPORTING OF DERIVATIVES CONTRACTS 1. Introduction 1.1 On 9 July 2014, MAS issued a consultation paper
    • MAS
    • Speeches

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    • Speech by DPM Lee Hsien Loong At The Association Of Banks in Singapore (ABS) Dinner Date: 21 June 2000 INTRODUCTION 1   I last attended the ABS annual dinner two years ago. I spoke then on the need to free up our banking sector, and to allow competition a greater role in shaping the industry. Last year, MAS announced measures to improve corporate governance and institutionalise the management of the local banks, and the first phase of a five-year programme to liberalise the banking sector. We sought