Showing 4566 Documents for "economic issues"
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- MAS
- Explainers
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- MAS sets maximum limits on loan tenure (35 years) and loan-to-value for mortgage equity withdrawal loans. Certain other rules apply, including total debt servicing ratio in most circumstances. Applying for a New MWL Mortgage equity withdrawal loans (MWLs) are loans secured against the value of the borrower's residential property. Certain facilities are excluded. Maximum Loan Tenure The loan tenure for MWLs is capped at 35 years. Maximum Loan-To-Value For an individual or a shell company, the MWL,
- MAS
- Media Releases
Last revised date:
- Singapore, 12 October 2020... The Monetary Authority of Singapore (MAS) announced today that it will extend the MAS SGD Facility for ESG Loans The launch of the MAS SGD Facility for ESG Loans was announced in MAS’ media release on 20 April 2020. (the Facility) to complement the six-month extension of Enterprise Singapore (ESG)’s Temporary Bridging Loan Programme The TBLP was introduced in March 2020 for a year, to help companies access working capital for their business needs during the COVID-19
- MAS
- Consultations
Last revised date:
- Proposed enhancement to the framework for the determination of SGS and MAS Bill closing prices Users of SGS and MAS Bills closing prices Response VIEW DOCUMENT Response to Consultation on Strengthening the Process for Determining SGS and MAS Bills Closing Prices (954.7 KB) Annex 2 Response to Consultation Paper on strengthening the process of determining SGS and MAS Bills Closing Prices(43.96KB) (44 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Strengthening the Process for Determining
- MAS
- Media Releases
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- Singapore, 24 September 2003...The Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group today appointed Mr. Lim Hng Kiang, Minister in the Prime Minister's Office and Second Minister for Finance, to chair the Boards of Governors of the IMF and the World Bank. Singapore's term for chairmanship will last for one year until the end of the 2004 Annual Meetings in Washington D.C. 2 The Boards of Governors are the highest decision-making bodies in their respective institutions
- MAS
- Explainers
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- For property loans where the OTP is granted on or after 16 December 2021, t he total debt servicing ratio (TDSR) threshold is set at a maximum of 55% of the borrower's monthly income. Monthly debt obligations count towards this threshold. Exceptions exist for certain situations. Calculating TDSR Thresholds The total debt servicing ratio (TDSR) threshold for property loans is set at a maximum of 55% of the borrower’s monthly income. Monthly debt obligations count towards calculating a borrower's TDSR
- MAS
- Parliamentary Replies
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- QUESTION NO. 1012 NOTICE PAPER 571 OF 2017 FOR ORAL ANSWER Date: For Parliament Sitting on 2 March 2017 Name and Constituency of Member of Parliament Mr Dennis Tan Lip Fong, NCMP Question: To ask the Prime Minister (a) what has Singapore's exposure been to China's One Belt, One Road initiative; and (b) what does the Ministry intend to do to mitigate downside risks given continued and likely persistent slowdowns in Chinese capital outflow. Answer by Mr Ong Ye Kung, Minister for Education (Higher Education
- MAS
- Parliamentary Replies
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- QUESTION NO 572 NOTICE PAPER 290 OF 2013 FOR WRITTEN ANSWER Date: For Parliament Sitting on 12 August 2013 Name and Constituency of Member of Parliament Mr Gan Thiam Poh Questions: To ask the Prime Minister (a) what is the current number of financial institutions offering private banking services; (b) whether Singapore's plan to grow the private banking sector is successful and, if so, what are the reasons for its success; and (c) what is the total number of jobs created for Singaporeans in the private
- MAS
- Media Releases
Last revised date:
- Singapore, 31 May 2022... The Monetary Authority of Singapore (MAS) announced the re-appointment of Mr Lim Hng Kiang to the MAS Board of Directors and the appointment of Mr Chaly Mah as Chair of its Audit Committee. 2. Mr Lim, Special Advisor, Ministry of Trade and Industry, has been re-appointed to the MAS Board for a further term of three years, from 1 June 2022 to 31 May 2025. 3. Mr Quek See Tiat, President of the Council for Estate Agencies and Chairman of the Singapore Accounting Standards Council
- MAS
- Media Releases
Last revised date:
- Bangkok, Thailand, 26 September 2019… The Monetary Authority of Singapore (MAS) and the Office of Insurance Commission (OIC), Thailand, have today signed a Memorandum of Understanding (MOU) to strengthen cooperation in insurance supervision. 2 Dr. Suthiphon Thaveechaiyagarn, Secretary General of the OIC, Thailand, said, “The good relationship between OIC and MAS in terms of insurance supervision has been developed for a long time. This MoU is an important step which will provide OIC and MAS with
- MAS
- Media Releases
Last revised date:
- Singapore, 3 July 2023... The Monetary Authority of Singapore (MAS) announced today that Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong, will be appointed Chairman of the MAS Board of Directors for the period from 8 July 202 3 to 31 May 2026. 2. Mr Wong has been Deputy Chairman of MAS since 1 June 2021 and had previously served as a member of the MAS Board from June 2011 to August 2016. 3. Mr Wong replaces Senior Minister and Coordinating Minister for Social Policies, Mr Tharman