Showing 4089 Documents for "payment services"

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    • MAS
    • Speeches

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    •  Second Reading Speech by Mr Tharman Shanmugaratnam, Minster for Education and Deputy Chairman, Monetary Authority of Singapore Mr Speaker Sir, on behalf of the Senior Minister, I beg to move, "That the Bill be now read a second time." 2   Trust services are growing in importance globally, as part of the wide array of wealth management services offered by financial institutions.  Private bankers often advise their clients to use trusts for investment and wealth planning purposes, such as for succession
    • MAS
    • Media Releases

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    • Singapore, 8 April 2020… The Monetary Authority of Singapore (MAS) today announced a S$125 million support package to sustain and strengthen capabilities in the financial services and FinTech sectors amid the current economic slump. The support package will help to position financial institutions (FIs) and FinTech firms for stronger growth when the threat of COVID-19 recedes and economic activity normalises. 2   The support package, funded by the Financial Sector Development Fund, has three main
    • MAS
    • Consumer Price Developments

    Last revised date:

    • This November 2016 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 November 2016 In November, both CPI-All Items inflation and MAS Core Inflation were higher, at 0.0% and 1.3% respectively compared to -0.1% and 1.1% in the previous month. This mainly reflected the pickup in services and food inflation. CPI-All Items inflation was 0.0% y-o-y
    • MAS
    • Consumer Price Developments

    Last revised date:

    • This September 2015 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. sdzkl1;Yah 2 Consumer Price Developments in September 2015 CPI-All Items inflation came in at -0.6% y-o-y in September CPI-All Items inflation came in at -0.6% in September, compared to -0.8% in August, largely on account of a stronger pickup in the prices of consumer services and retail items. Services inflation
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 7 June 2017… The Monetary Authority of Singapore (MAS) today released a consultation paper on proposals to facilitate the provision of digital advisory services 1 (also known as robo-advisory services) in Singapore. The proposals seek to support innovation in financial services by recognising the unique characteristics of digital platforms. 2          Financial institutions currently regulated under the Securities and Futures Act (SFA) and the Financial Advisers Act (FAA) can already provide
    • MAS
    • Consumer Price Developments

    Last revised date:

    • This September 2016 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. sdzkl1;Yah 2 Consumer Price Developments in September 2016 CPI-All Items inflation was -0.2% year-on-year (y-o-y) in September, compared to -0.3% in August. The smaller decline in CPI-All Items was largely on account of a moderation in the fall in private road transport cost. In comparison, MAS Core Inflation eased
    • MAS
    • Consumer Price Developments

    Last revised date:

    • This January 2017 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. sdzkl1;Yah 2 Consumer Price Developments in January 2017 In January 2017, CPI-All Items inflation and MAS Core Inflation rose to 0.6% and 1.5% respectively, from 0.2% and 1.2% in the previous month. This reflected an increase in the prices of oil-related items1, as well as higher services inflation
    • MAS
    • Consumer Price Developments

    Last revised date:

    • This June 2015 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. sdzkl1;Yah Consumer Price Developments in June 2015 CPI-All Items inflation came in at -0.3% y-o-y in June CPI-All Items inflation came in at -0.3% in June, compared to -0.4% in May, mainly on account of larger increases in the costs of services, food, and private road transport. Services inflation increased slightly to
    • MAS
    • Consumer Price Developments

    Last revised date:

    • This March 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 March 2020  Summary  0.1% in February.  MAS Core Inflation fell to 0.2% on a yearonyear (yoy) basis in March, from   o This was largely due to a steeper decline in the cost of services.  Similarly, CPIAll Items inflation dipped to 0% yoy in March, from 0.3% in the  previous month.  o This mainly reflected
    • MAS
    • Consumer Price Developments

    Last revised date:

    • This July 2019 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. sdzk l1;Yah   2 3   Consumer Price Developments in July 2019 MAS Core Inflation eased to 0.8% on a year-on-year (y-o-y) basis in July, from 1.2% in June, mainly on account of a fall in the prices of retail & other goods1, a larger decline in the cost of electricity & gas2, as well as lower services inflation. CPI-All Items