Showing 4566 Documents for "economic issues"

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    • MAS
    • Speeches

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    •  Date: 16 June 1999 Good evening, Mr Lim Chee Onn, Chairman Keppel Land, Sir Peter Davies, Group Chief Executive, Prudential Corporation, distinguished guests, ladies and gentlemen. 2   I am very pleased to be here this evening to join Keppel Land and Prudential Assurance in celebrating the official opening of Prudential Tower. This is a very significant commitment by Prudential to maintain its stake and grow in Singapore and the region. 3   The global financial landscape is changing rapidly. Singapore
    • MAS
    • Media Releases

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    • Singapore, 7 May 2018…The Monetary Authority of Singapore (MAS) is collaborating with the Economic Development Board (EDB), Infocomm Media Development Authority (IMDA) and Institute of Banking and Finance (IBF) to accelerate the adoption of Artificial Intelligence (AI) in Singapore’s financial sector. The collaboration aims to foster a thriving AI ecosystem comprising financial institutions (FIs), research institutions, and AI solution providers. 2 The four agencies will jointly facilitate research
    • MAS
    • Media Releases

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    • Singapore, 14 November 2017...The Financial Services Information Sharing and Analysis Center (FS-ISAC) and the Monetary Authority of Singapore (MAS) today launched the FS-ISAC Asia Pacific Regional Analysis Centre’s office and operations in Singapore. The setting up of the Regional Centre in Singapore shows the growing collaboration between the two organisations to fight cybercrime. The Centre currently supports 49 financial institutions across nine Asia Pacific countries 1 . 2   “Information sharing
    • MAS
    • Media Releases

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    • Singapore, 21 April 2020...In response to media reports, Enterprise Singapore (ESG), the Maritime and Port Authority of Singapore (MPA) and the Monetary Authority of Singapore (MAS) confirmed that the agencies are closely monitoring developments related to Hin Leong Trading Pte Ltd and the broader oil trading and bunkering sectors. 2.     ESG assessed that Singapore’s oil trading sector remains resilient notwithstanding the challenges posed by the drop in global demand for energy. The sector is sufficiently
    • MAS
    • Speeches

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    • Mr Henry Kravis, Chairman KKR Distinguished guests Ladies and Gentlemen, It gives me great pleasure to join you at this event, marking the opening of KKR’s Singapore office.  KKR has been in Asia for almost three decades, and committed more than US$5billion to companies in the region. The addition of a Singapore office as a key hub in KKR’s regional network comes at a time of continued uncertainty in the global economy, but also increased investor interest in Asia. 2      Institutional investors
    • MAS
    • Monetary Policy Statements

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    • 11 October 2005 INTRODUCTION 1   In April this year, MAS maintained the policy of a modest and gradual appreciation of the S$NEER policy band which has been adopted since April 2004.  This policy stance was reiterated in July 2005, following the announcements of changes to the exchange rate systems in China and Malaysia. Chart 1 Nominal Effective Exchange Rate (S$NEER) 2   Since the policy review in April 2005, the S$NEER has largely fluctuated around the mid-point of the policy band.  (Chart 1) 
    • MAS
    • Monetary Policy Statements

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    • 10 October 2003 INTRODUCTION 1   In July this year, MAS re-centred the exchange rate policy band at the prevailing level of the Singapore dollar nominal effective exchange rate (S$NEER).  The zero percent appreciation path and the width of the band were maintained.  The level of the S$NEER was assessed to be conducive to supporting the incipient recovery in the Singapore economy, and maintaining domestic price stability in a low inflation environment, particularly in view of possible downside risks
    • MAS
    • Media Releases

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    • Singapore, 8 October 2018… The Monetary Authority of Singapore (MAS) today announced the 60 finalists that will vie for the Global FinTech Hackcelerator and FinTech Awards at this year’s Singapore FinTech Festival. The finalists will get to showcase their innovative solutions at the Festival. 2   This year’s finalists were selected from 514 submissions 1 from over 40 countries, representing a cross-section of the growing FinTech community, including in insurance, digital payments, and cybersecurity
    • MAS
    • FAQs

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    • Implementation of the reporting obligations for requirements set out under the Securities And Futures (Reporting Of Derivatives Contracts) Regulations for OTC Derivatives. These FAQs are to aid implementation of the reporting obligations and elaborate on MAS’ intent for some of the requirements set out under the SF(RDC)R. Monetary Authority of Singapore SECURITIES AND FUTURES ACT (CAP. 289) FREQUENTLY ASKED QUESTIONS ON THE SECURITIES AND FUTURES (REPORTING OF DERIVATIVES CONTRACTS) REGULATIONS
    • MAS
    • Media Releases

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    • Singapore, 20 April 2020 …. The Monetary Authority of Singapore (MAS) has launched the MAS SGD Facility for ESG Loans The MAS SGD Facility for ESG Loans was first announced in MAS’ media release on 31 March 2020. (the Facility) in partnership with Enterprise Singapore (ESG), to lend Singapore Dollars (SGD) at an interest rate of 0.1% per annum to eligible financial institutions Banks and finance companies participating in the ESG Loan Schemes are eligible to tap the Facility. , to support their lending