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- MAS
- Staff Papers
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- MAS Staff Paper No. 47, August 2007 - By Tan Yin Ying, Alvin Eng and Edward Robinson Abstract With the evolution of neoclassical growth models, it became increasingly evident that factor accumulation alone was insufficient for sustained growth. Empirically, the growth experience of many countries and the numerous extensive cross-country regressions provided evidence that good policies and sound institutions were important factors in explaining divergent economic outcomes. These factors were playing
- PDPC
- Commission's Decisions
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- PERSONAL DATA PROTECTION COMMISSION Case No. DP-1905-B3827 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Honestbee Pte Ltd SUMMARY OF THE DECISION 1. Honestbee Pte Ltd (the “Organisation”) is an online food and grocery delivery service. Third party merchants, which either engaged or were planning to engage the Organisation for delivery services, provided it with personal data of their customers in order to test
- MAS
- Parliamentary Replies
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- QUESTION NO 448 NOTICE PAPER NO 76 OF 2013 FOR WRITTEN ANSWER Date: For Parliament Sitting on 25 February 2013 Name and Constituency of Member of Parliament Ms Foo Mee Har, MP for West Coast GRC Question: To ask the Prime Minister if MAS will consider specifying a standard medium-term interest rate to be used by all banks in Singapore to determine the mortgage servicing ratio for housing loans. Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS: 1 In the current
- PDPC
- Public Consultations
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- Comments on PDPC Proposed Advisory Guidelines for the Social Service Sector dated 16 May 2014 Name of Organisation: HELP Family Service Centre Contact Person: Mr Christopher Yip Email: hradmin@helpfsc.org.sg -------- Summary There are four comments; namely, consent that is not valid, consent from client who is mentally unwell, withdrawal of consent and example for specified message. Comments 1. 2. 3. 4. On page 5, Para 2.3, it will be good if the term
- MAS
- Letters to Editor
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- Dear Editor, We thank Mr Ramamurthy Mahesh Kumar and Mr Phua Kok Hee for their letters (“MAS needs to educate public on digital banks”, 9 September 2019 and “How will digital banks handle customer problems”, 12 September 2019). We agree it is important that the public understands the differences between the new digital banks and existing banks in Singapore. Most banks here have enhanced their digital service offerings to customers, alongside physical branches and ATMs. The new digital banks will
- MAS
- Media Releases
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- Singapore, 11 July 2023… The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) have signed a Memorandum of Understanding (MoU) to collaborate on a Financial Transparency Corridor (FTC) initiative. The initiative aims to establish supporting digital infrastructures to facilitate trade and cross-border related financial services between small and medium-sized enterprises (SMEs) in Singapore and Cambodia. 2. Under the FTC, a Singapore financial institution, in assessing financing
- MAS
- Speeches
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- Date: 28 Aug 2001 INTRODUCTION Good morning. I am happy to be able to join you at the official opening of the 27th ASEAN Insurance Council Meeting. I warmly welcome all our overseas friends to Singapore and hope you enjoy your stay here in our city-state. 2 The ASEAN Insurance Council is a unique private sector forum aimed at fostering regional co-operation in the development of the insurance industry. Since 1978, participants from member countries - Brunei, Indonesia, Malaysia, the Philippines
- MAS
- Speeches
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- Date: 20 Jul 2001 Introduction Five years ago, MAS celebrated its 25th Anniversary. A year later, the Asian financial crisis hit us. While Singapore did not escape the contagion effects, we were spared the massive disruptions that affected other economies in the region. 2 The resilience of the Singapore economy during the crisis was attributable in large measure to our sound economic management. In this regard, MAS has played a key role. Over the years, you have built up a solid international
- MAS
- Speeches
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- 1 Good evening. I am very happy to join you tonight for Great Eastern’s centennial celebrations. Great Eastern – Reaching 100 Years of Age 2 Reaching 100 years of age is a significant achievement. In 1908, when Great Eastern opened its first office at Winchester House in Collyer Quay, it had only 15 staff and $70,000 worth of assets. Since then, you have grown in tandem with Singapore, and are now the largest insurance group here and in Malaysia, with assets of over $45 billion. 3 Over
- PDPC
- Commission's Decisions
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- A warning was issued to YesTuition Agency for disclosing tutors’ personal data on its website without consent. Click here to find out more. 2. 4. 5. DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1407-A028 YESTUITION AGENCY (UEN No. 53084839B) Decision Citation: [2016] SGPDPC 5 GROUNDS OF DECISION Respondent 20 April 2016 BACKGROUND 1. On 16 July 2014, the Personal Data Protection Commission (Commission) received information that YESTUITION