Showing 4566 Documents for "economic issues"

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    • MAS
    • Speeches

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    •  Date: 28 Aug 2001 INTRODUCTION Good morning. I am happy to be able to join you at the official opening of the 27th ASEAN Insurance Council Meeting.  I warmly welcome all our overseas friends to Singapore and hope you enjoy your stay here in our city-state. 2   The ASEAN Insurance Council is a unique private sector forum aimed at fostering regional co-operation in the development of the insurance industry.  Since 1978, participants from member countries - Brunei, Indonesia, Malaysia, the Philippines
    • MAS
    • Speeches

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    • Opening Remarks by Mr Lim Hng Kiang, at the 36th SEACEN Governors' Conference, Shangri-La Hotel Date: 31 May 2001 Honourable Governors Distinguished Guests and Delegates Ladies and Gentlemen Introduction 1   It gives me great pleasure to bid you a warm welcome to the Annual Conference of the Governors of the South-East Asian Central Banks. This is the 36th Conference and reflects the close ties and strong co-operation that central banks and monetary authorities in the region have forged over the
    • MAS
    • Speeches

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    • Introduction 1   Good morning. Thank you for inviting me to join all of you. Let me begin by congratulating Marvelstone on the launch of LATTICE80. 2   It is the first innovation space in Singapore dedicated to and designed specifically to support FinTech. LATTICE80 is also the first not-for-profit private sector initiative in this business of nurturing start-ups. The FinTech Phenomenon 3   FinTech – or financial technology - is transforming financial services, both from within established financial
    • MAS
    • Consumer Price Developments

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    • This February 2020 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. Consumer Price Developments in February 2020  Summary  0.3% in January.  MAS Core Inflation fell to 0.1% on a yearonyear (yoy) basis in February, from  o This was largely due to a decline in the cost of services.  Similarly, CPIAll Items inflation came in lower at 0.3% yoy in February, compared  to 0.8% in the previous month.  o
    • MAS
    • Speeches

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    • Mr John Neal, CEO, Lloyd’s of London Ladies and Gentlemen 1.     Thank you for inviting me to join you today. Let me begin by congratulating the Cyber Risk Management Project or CyRiM, on the launch of its catastrophic cyber attack scenario report. CyRiM is led by the Nanyang Technological University’s Insurance Risk and Financial Research Centre, in partnership with industry Founding Members Aon Centre for Innovation and Analytics, Lloyd’s, MSIG, SCOR and TransRe, and has partnered the University
    • MAS
    • Speeches

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    •  Distinguished guests Ladies and Gentlemen, INTRODUCTION 1   I am pleased to be here for the launch of Bloomberg TV in Singapore.  Bloomberg has been enlarging and upgrading its broadcast studios here, and increasing its headcount.  Today, Bloomberg's Singapore setup is its second largest in Asia, after Japan, and is central to its operations.  Now that Bloomberg TV will be distributed in Singapore, it will do more locally produced programming, and bring news on Singapore's companies and business
    • MAS
    • Speeches

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    •  Introduction Thank you very much Terence. Good afternoon ladies and gentlemen. I?m very happy to be invited to speak to you again. I was here a year ago, and being back here gives me an opportunity to tell you once again how important the GIA is to Singapore, and to the Monetary Authority. The General Insurance Industry in 2003 Last year when I spoke to you, I talked about some of the challenges facing the industry both globally and locally. The President has mentioned some of these challenges.
    • MAS
    • Speeches

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    • Mr Ravi Menon Managing Director of MAS and Chairman of IBF Distinguished Guests Ladies and Gentlemen Friends of the Financial Industry A very good evening. 1   As you know, I am in the midst of an election.  But a promise made is a promise kept.  Also, election or no election, the business of life must go on; and certainly the life of business too. What I find missing at the hustings so far is a serious debate on the future of our economy. And yet economy is central to our lives. 2   Thank you for
    • MAS
    • Media Releases

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    • Singapore, 21 July 2014… The Monetary Authority of Singapore (MAS) today released a consultation paper on proposals to enhance its regulatory framework for safeguarding investors’ interests. The key changes are as follows: extend to investors in non-conventional investment products the current regulatory safeguards available to investors in capital markets; require all investment products to be rated for complexity and risks, and for these ratings to be disclosed to investors; and provide accredited
    • MAS
    • Media Releases

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    • Singapore, 23 November 2021… Financial connectivity between Singapore and the Western Region of China has strengthened over the past year despite the pandemic. The China-Singapore (Chongqing) Connectivity Initiative (CCI) has helped to catalyse US$3 billion in multi-currency financing deals from the Western Region this year, amounting to over US$17 billion in cross-border deals since the CCI’s inception in 2015. These figures were shared at the opening ceremony of the 4th China-Singapore (Chongqing