Showing 4566 Documents for "economic issues"

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    • MAS
    • Media Releases

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    • Singapore, 18 December 2019… The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed Professor Amit Seru, an eminent financial economist, as the MAS Term Professor in Economics and Finance from 16 to 20 December 2019. Prof Seru will be hosted by the Department of Finance at the NUS Business School and the Economic Policy Group at the MAS during the term of the Professorship. Prof Seru is the Steven and Roberta Denning Professor of Finance at
    • MAS
    • Annual Reports

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    • Monetary Authority of Singapore AnnuAl RepoRt 2013/14 -------- -------- -------- -------- Monetary Authority of Singapore AnnuAl RepoRt 2013/14 -------- Contents 05 Chairmans Message 08 Board of Directors 10 Management Team 11 Governance Structure 12 Board Committees rOBuST, TruSTED, AND PurPOSEFul FINANCIAl CENTrE 30 a robust FinanCial Centre 30 overall 30 Banking 31 Securities 33 Insurance 13 Organisational Structure 14 Key Economic and Financial Statistics
    • MAS
    • Speeches

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    • China-Singapore Financial Co-operation Let me first congratulate the Shanghai Municipal Government for successfully convening the Lujiazui Forum while the world is still grappling with the Covid-19 pandemic. Singapore is honoured to be the Lujiazui Forum’s Partner City this year. Covid-19 has unleashed not only an economic crisis but also a growing fragmentation of the global economy.  This is a threat facing the whole world. But the countries in Asia are well placed to lead the global economic recovery
    • MAS
    • Speeches

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    •  "The Future of the Financial Sector in Singapore -  Riding the Challenges, Emerging Stronger" 1   A very good evening to all of you.  The Annual Dinner of the Association of Banks (ABS) has always been an excellent opportunity for the financial community to catch up, discuss issues impacting the financial industry and look ahead at how the Singapore financial sector will develop. 2   As we look forward tonight, we do so with a measure of optimism, as economic and financial indicators have stabilised
    • MAS
    • Economic Essays

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    • By Irineu de Carvalho Filho This study was published as Special Feature A in the April 2023 Macroeconomic Review. 94 Macroeconomic Review | April 2023 Special Feature A Is Higher Inflation also More Persistent Inflation? Threshold Effects on Inflation Persistence Irineu de Carvalho Filho1 1 Introduction The recent surge in global inflation has disrupted decades of price stability enjoyed by advanced economies. The conventional wisdom states that inflation stemming from supply shocks
    • MAS
    • Speeches

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    • Thank you Mr August Hatecke for the introduction. Mr Gan Seow Ann, UBS Executive Vice Chairman of Global Wealth Management, and the UBS team. 1     First, let me thank you for inviting me to join you at this event. 2     I last spoke at this event about 3 years ago, in 2016. I had said then that despite the headwinds to growth, I believe that Asia can meet the cyclical challenges. Even though growth is slowing down, the structural factors that enabled Asia’s growth, will allow it to continue to do
    • MAS
    • Speeches

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    •  Good morning, ladies and gentlemen, and to our foreign guests, a warm welcome to Singapore. 1   The theme for this year's Seminar on the "Challenges in Maintaining Solvency for Takaful Undertaking" is appropriate and timely given the current uncertainty in global financial markets. I do not propose to speak at length on the technical issues as many of you have a great deal more expertise on this subject and will be discussing these details in more depth in the coming sessions. Instead I will focus
    • MAS
    • Speeches

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    • by Lee Hsien Loong, Deputy Prime Minister, Singapore and Chairman, Monetary Authority of Singapore, at the William Taylor Memorial Lecture Basel, Switzerland, 21 September 2000, 4.15pm Basel, 10.15pm Singapore INTRODUCTION 1   Three years have passed since the Asian crisis struck in 1997. The crisis showed how unstable the international financial system could be, and how vulnerable apparently strong Asian economies were to a sudden shock. It has caused a searching reappraisal of the benefits and
    • MAS
    • Speeches

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    • Fellow ASEAN Finance Ministers, Mr Joaquim Levy, Managing Director and Chief Financial Officer of the World Bank Group, Distinguished Guests, Ladies and Gentlemen Introduction 1   A very warm welcome to all our overseas guests.  Thank you for joining us at this 8th World Bank-Singapore Infrastructure Finance Summit. Strong growth backdrop enables ASEAN to focus on resilience and innovation 2   We gather at a time of optimism for ASEAN. a. By IMF’s estimates, collectively, ASEAN grew at an impressive
    • MAS
    • Speeches

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    •    Good morning. Welcome to MAS’ Annual Report press conference. 2   I want to focus on four key themes with a forward looking orientation: first, prospects for GDP growth , second, the outlook for inflation , third, MAS’ financial accounts, and fourth, maintaining high standards of financial regulation . 3   Let me begin with the economy. Singapore’s GDP growth forecast range remains at 5 – 7% for now, but uncertainties have clearly increased. 4   As you know, economic growth took a sharp step-down