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    • MAS
    • Media Releases

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    • Singapore, 7 November 2021… The sixth edition of the Singapore FinTech Festival (SFF) kicks off from 8 to 12 November. As the world’s largest FinTech event, this platform provides a unique opportunity for the global FinTech, innovation and business communities to connect, collaborate and network. 2 The week-long SFF will feature more than 350 sessions, over 700 speakers, over 260 exhibitors, and 14 international pavilions. The event will be streamed ‘live’ to over 60,000 participants, including representation
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 7 November 2021… The sixth edition of the Singapore FinTech Festival (SFF) kicks off from 8 to 12 November. As the world’s largest FinTech event, this platform provides a unique opportunity for the global FinTech, innovation and business communities to connect, collaborate and network. 2 The week-long SFF will feature more than 350 sessions, over 700 speakers, over 260 exhibitors, and 14 international pavilions. The event will be streamed ‘live’ to over 60,000 participants, including representation
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 13 July 2020… The Monetary Authority of Singapore (MAS) and Temasek today jointly released a report to mark the successful conclusion of the fifth MAS announced the fifth phase of Project Ubin on 11 November 2019, following the successful development of a blockchain-based prototype for multi-currency payments. Please see link to MAS’ media release for more details. and final phase of Project Ubin. The report “ Project Ubin Phase 5: Enabling Broad Ecosystem Opportunities (3.53 MB) ”, provides
    • MAS
    • Media Releases

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    • Singapore, 12 November 2021... The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced the award winners of the Global FinTech Hackcelerator, the SFF Global FinTech Awards and the Most Innovative FinTech e-Gifting Award, at the Singapore FinTech Festival. The winners, comprising financial institutions, FinTechs and solution providers, were recognised for their ground-breaking solutions that promote financial inclusion and sustainable development in the financial
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 12 November 2021... The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced the award winners of the Global FinTech Hackcelerator, the SFF Global FinTech Awards and the Most Innovative FinTech e-Gifting Award, at the Singapore FinTech Festival. The winners, comprising financial institutions, FinTechs and solution providers, were recognised for their ground-breaking solutions that promote financial inclusion and sustainable development in the financial
    • MAS
    • Parliamentary Replies

    Last revised date:

    • QUESTION NO 1196 NOTICE PAPER 742 OF 2021 FOR WRITTEN ANSWER Date: For Parliament Sitting on 4 October 2021 Name and Constituency of Member of Parliament Mr Ang Wei Neng, MP, West Coast GRC Question: To ask the Prime Minister (a) in the last three years, what are the respective volume and value of cashless payments of (i) credit card (ii) NETS (iii) e-wallets (iv) PayNow and (v) any other cashless payments; (b) what is the progress on the roll out of the Singapore Quick Response Code (SGQR); and
    • MAS
    • Economic Essays

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    • This study was published as Special Feature C in the April 2017 Macroeconomic Review. 92 Macroeconomic Review, April 2017 Special Feature C Using Cost-Benefit Analysis In Developed And Developing Countries: Is It The Same? by Euston Quah1 Introduction Nobel laureate and economist Simon Kuznets put forth the concept of gross domestic product (GDP) in response to a need for good data in public policy planning in the 1930s. Since then, policymakers have increasingly relied
    • MAS
    • Media Releases

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    • Singapore, 15 November 2018… The Bank of Canada, Bank of England and Monetary Authority of Singapore (MAS) have today jointly published a report (4.4 MB) which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users. 2     The report, “Cross-border interbank payments and settlements: Emerging opportunities for digital
    • MAS
    • Media Releases

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    • I. Introduction 1. The ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (The Meeting) was convened on 2 May 2023 under the co-chairmanship of H.E. Sri Mulyani Indrawati, Minister of Finance of the Republic of Indonesia, H.E. Perry Warjiyo, Governor of Bank Indonesia, H.E. Shunichi Suzuki, Minister of Finance of Japan, and H.E. Kazuo Ueda, Governor of the Bank of Japan. The 26th meeting was held in-person for the first time since May 2019. The President of the Asian Development Bank
    • MAS
    • Parliamentary Replies

    Last revised date:

    • Date: For Parliament Sitting on 5 July 2023 Name and Constituency of Member of Parliament Dr Tan Wu Meng, Jurong GRC Question: To ask the Prime Minister (a) what is the cause of the disruption to DBS Bank's digital banking services and physical ATM services on 5 May 2023; and (b) what is being done to strengthen the reliability and resilience of retail banks with significant market share in Singapore, especially with regard to digital banking services. Answer by Mr Tharman Shanmugaratnam, Senior