Showing 4566 Documents for "economic issues"
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- Singapore, 8 November 2002. Singapore sees a 54% increase in total treasury revenue amounting to S$8.0 billion in 2001 compared to the S$5.2 billion in 2000. Profit before tax rose 68%, to S$6.7 billion in 2001 from S$4.0 billion in 2000. This is a credible performance in the face of a 19% dip in global forex trading activity last year as reported in the 2001 BIS Triennial Central Bank of Survey of Foreign Exchange and Derivatives Market Activity. As such, Singapore retains its leading global position
- MAS
- Explainers
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- The maximum housing loan borrowers can take depends on their age, loan duration and property type, and whether they have existing housing loans. Joint borrowers are assessed using an income-weighted average age. Loan Tenure The maximum loan tenure for housing loans is capped at: 30 years for HDB flats. 35 years for non-HDB properties. Calculating Age for Joint Borrowers For joint borrowers, use their income-weighted average age as their present age. This formula calculates their average age as it
- MAS
- Media Releases
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- Bali, 11 October 2018… The Monetary Authority of Singapore (MAS) and the Financial Services Authority of the Republic of Indonesia, Otoritas Jasa Keuangan (OJK) today signed a Memorandum of Understanding (MOU) to strengthen cooperation in FinTech and foster innovation in financial services between Indonesia and Singapore. 2. The MOU will facilitate information sharing on emerging FinTech market trends and developments, and promote joint innovation projects between both countries. As part of the
- MAS
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- Singapore, 17 September 2006...The Monetary Authority of Singapore's (MAS) International Advisory Panel (IAP) met today and discussed the economic outlook for Asia, as well as the challenges and opportunities for financial institutions operating in the region. 2 On Asia, IAP members were optimistic about its prospects for continued growth. They urged the ASEAN countries to accelerate regional trade and financial integration. 3 The IAP expressed confidence that Singapore was well-positioned
- MAS
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- JOINT NEWS RELEASE 16 March 2012 – The Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) today jointly signed a Memorandum of Understanding (MOU) on the Expedited Review Framework for Secondary Listings. The Expedited Review Framework is an initiative under the ACMF Implementation Plan endorsed by the ASEAN Finance Ministers in 2009. The objective of the Framework is to speed up the processing of secondary listing applications together with the relevant disclosure documents
- MAS
- Parliamentary Replies
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- Question No 498 Notice Paper No 221 of 2012 For Oral Answer Date: For Parliament Sitting on 9 July 2012 Name and Constituency of Member of Parliament Mr Ong Teng Koon, MP for Sembawang GRC Question: To ask the Prime Minister (a) whether there are destabilising capital inflows into Singapore from investors seeking a safe haven; (b) if so, what will be the impact on SGD, SGD-denominated assets, SGD interest rates and Singapore's real economy; and (c) whether the Ministry has specific plans to address
- MAS
- Parliamentary Replies
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- Question No 154 Notice Paper No 20 of 2012 For Oral Answer Date: For Parliament Sitting on 17 January 2012 Name and Constituency of Member of Parliament Q154: Mr Gan Thiam Poh, Member of Parliament, Pasir Ris-Punggol GRC Question To ask the Prime Minister whether the Monetary Authority of Singapore (MAS) will consider disallowing banks to finance either the full or partial Certificate of Entitlement (COE) premiums as part of the measures to moderate the rise in COE premiums. Note: The above Question
- MAS
- Parliamentary Replies
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- Date: For Parliament Sitting on 7 March 2013 Name and Constituency of MP Ms Lee Li Lian, MP for Punggol East SMC Question: Car loans Answer by Mr Lawrence Wong, Acting Minister for Culture, Community and Youth on behalf of Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in Charge of MAS: 1 Ms Lee Li Lian asked about the restrictions to the motor vehicle loans. There are two reasons why we are doing this. Number one, to encourage financial prudence among consumers number two, a more
- MAS
- Media Releases
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- Singapore, 26 April 2021… The Monetary Authority of Singapore (MAS) today launched a report on the foundational digital infrastructure necessary for an inclusive digital economy and seamless cross-border transactions around the world. 2. The rapid growth of digital solutions has helped enhance the economic and social well-being of millions of people around the world. However, digital inclusion and inter-operability across solutions remain as challenges. The report notes that foundational digital
- MAS
- Parliamentary Replies
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- QUESTION NO 2179 NOTICE PAPER 1393 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 03 October 2022 Name and Constituency of Member of Parliament Mr Saktiandi Supaat, MP, Bishan-Toa Payoh GRC Question: To ask the Prime Minister (a) what is the Government's assessment on the sufficiency of our exchange rate, and fiscal and macroprudential measures to contain the rising cost of living for Singaporeans; and (b) what other tools remain for us to deploy should the rise in inflation and interest