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    • MAS
    • Speeches

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    • Good afternoon to everyone tuning in from Asia, and good morning to the rest watching from across the globe. Let me thank the Maritime and Port Authority (MPA) for the opportunity to deliver this Singapore Maritime Lecture virtually. The global economy is facing its worst crisis since the Second World War. The IMF has forecast that the global economy will shrink by 4.9% this year. According to the WTO, global merchandise trade volumes contracted by an estimated 14% in the first half of 2020. And
    • MAS
    • Media Releases

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    • Video Conference Meeting, 2 October 2020 1.      We, the Finance Ministers and Central Bank Governors of ASEAN, convened the 6th Joint Meeting of the ASEAN Finance Ministers and Central Bank Governors (AFMGM) under the co-chairmanship of H.E. Dinh Tien Dung, Minister of Finance of Viet Nam, and H.E. Le Minh Hung, Governor of the State Bank of Viet Nam. The Meeting was held via video conference due to the COVID-19 pandemic that also caused the meeting originally scheduled in March 2020 to be deferred
    • MAS
    • Speeches

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    • Dr Johannes Beermann, Member of the Executive Board of the Deutsche Bundesbank His Excellency Dr Ulrich Sante, Ambassador of the Federal Republic of Germany Dr Claus Trenner, President of the Singaporean-German Chamber of Industry and Commerce Distinguished Guests, Ladies and Gentlemen It is my pleasure to join you this morning at the inaugural German-Singaporean Financial Forum. Bilateral Relations Singapore and Germany have strong bilateral relations at many levels. (a) Last year, Chancellor Angela
    • MAS
    • Annual Reports

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    • Monetary Authority of Singapore AnnuAl RepoRt 2014/15 B Annual Report 2014/15 -------- D Annual Report 2014/15 -------- -------- C Monetary Authority of Singapore -------- Monetary Authority of Singapore AnnuAl RepoRt 2014/15 -------- Contents 05 Chairmans Message 08 Board of Directors 10 Management Team 11 Governance Structure 12 Board Committees 13 Organisational Structure 16 Number of Financial Institutions in Singapore ANChOr OF ECONOMIC AND FINANCIAl
    • MAS
    • Speeches

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    • MR THARMAN SHANMUGARATNAM SENIOR MINISTER AND COORDINATING MINISTER FOR SOCIAL POLICIES AND MINISTER-IN-CHARGE OF THE MONETARY AUTHORITY OF SINGAPORE 1. The Monetary Authority of Singapore (MAS) seeks to secure sustained non-inflationary economic growth, a robust and resilient financial sector, and Singapore’s position as a leading international financial centre in Asia. Sustained Non-Inflationary Economic Growth 2. Major central banks have increased interest rates at an unprecedented pace amid persistent
    • MAS
    • Parliamentary Replies

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    • Date: For Parliament Sitting on 8 May 2023 Name and Constituency of Member of Parliament Dr Lim Wee Kiak, Sembawang GRC Question: To ask the Prime Minister whether he can provide an update on the progress of the framework for equitable sharing of losses between scam victims and financial institutions. Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. The Government has been working to develop a clear framework to mitigate losses by victims of phishing scams where
    • MAS
    • Media Releases

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    • Singapore, 12 November 2018… The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) are partnering with six private sector partners to create a Proof of Concept (“POC”) hybrid business data and digital solutions hub.  The initiative will leverage on Artificial Intelligence (AI) to facilitate the internationalisation and digitalisation of Small and Medium-sized Enterprises (“SMEs”). The private sector partners are GlobalLinker 1 , Mastercard, SAP, Yellow Pages and
    • MAS
    • Media Releases

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    • 1.     We, the Finance Ministers and Central Bank Governors of ASEAN, convened the 5th Joint Meeting of the ASEAN Finance Ministers and Central Bank Governors in Chiang Rai, Thailand on 5 April 2019 under the co-chairmanship of Mr. Apisak Tantivorawong, Minister of Finance of the Kingdom of Thailand, and Mr. Veerathai Santiprabhob, Governor of the Bank of Thailand. 2.     We reiterate our commitment to the pursuit of an integrated ASEAN to support economic growth and strengthen financial stability
    • MAS
    • Media Releases

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    • Singapore, 4 November 2022… The Monetary Authority of Singapore (MAS), Bank of Ghana (BOG) and Development Bank Ghana (DBG) Bank of Ghana is the central bank of Ghana and Development Bank Ghana is a development financial institution set up in 2022 to provide long-term lending to Small and Medium Enterprises. today signed a Memorandum of Understanding (MOU) to develop the Ghana Integrated Financial Ecosystem (GIFE). The GIFE aims to enhance financial capabilities and access for micro, small and medium
    • PDPC
    • Public Consultations

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    • The Personal Data Protection Commission 460 Alexandra Road #10-02 PSA Building Singapore 119963 18 December 2017 corporate@pdpc.gov.sg Dear Sir/Madam, Public Consultation on Proposed Advisory Guidelines on the Personal Data Protection Act for NRIC Numbers The Data-Driven Marketing Association of Singapore (DMAS) thanks the Personal Data Protection Commission for the opportunity to provide comments in its public consultation on Proposed