Showing 4566 Documents for "economic issues"

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    • MAS
    • Notices

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    • Requirements for banks on maintaining credit files, grading credit facilities and determining credit loss allowance. This notice applies to all banks in Singapore. It sets out the credit grading treatment, for credit facilities granted support measures by banks in response to the on-going novel coronavirus (“COVID-19”) outbreak, for the period beginning on 1 January 2021 and ending on 31 December 2021 (both dates inclusive). Amendment Notes 30 Jun 2021 MAS Notice 612A (Amendment) 2021 (200 KB) takes
    • MAS
    • Media Releases

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    • Singapore, 31 October 2022… The Monetary Authority of Singapore (MAS) released today a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required, marking the successful completion of Phase 1 of Project Orchid Project Orchid was launched by MAS in November 2021. Please refer to this link for more information. . 2 A digital SGD can take different forms: a retail Central Bank Digital Currency (CBDC), which is the digital equivalent of
    • MAS
    • Speeches

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    • Mr John Williams, President of the Federal Reserve Bank of San Francisco Distinguished guests, ladies and gentlemen, good morning. Let me, on behalf of the Monetary Authority of Singapore, express our appreciation to John and his colleagues at the San Francisco Fed. It has been a fruitful collaboration on this Symposium. We had a good meeting in Singapore last year, and my colleagues and I are very pleased to be here in San Francisco for this year’s Symposium. There has been no lack of excitement
    • MAS
    • Speeches

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    •  Speech by Dr Khor Hoe Ee, Assistant Managing Director (Economics), at the FOW Eight Asia-Pacific Derivatives Exhibition, Westin Hotel Date : 25 Sep 2001 1   INTRODUCTION 1.1   Good morning. I would like to share with you my views on derivatives markets from the perspective of a central banker in post-crisis Asia. 1.2   Recent years have seen phenomenal growth in global as well as regional financial derivatives markets.  Prospects for derivatives in the Asian region have brightened considerably
    • MAS
    • Speeches

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    • Distinguished guests, Ladies and gentlemen, Introduction 1. I am very happy to join you for this Singapore International Reinsurance Conference. 2. The theme for this year’s conference – “Quo Vadis” or “Where are you going”, is a timely question for all of us. Let me start with the road ahead for the global economy, and Asia. The Road Ahead 3. The Covid-19 pandemic has disrupted global economic activity, upended livelihoods, and exposed the fragilities of our global health and social infrastructure
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 314 NOTICE PAPER NO 252 of 2015 FOR WRITTEN ANSWER Date: For Parliament Sitting on 17 August 2015 Name and Constituency of Member of Parliament Mr Yee Jenn Jong, NMP Question: To ask the Prime Minister what has been the progress on financial and capital market integration in ASEAN under the ASEAN Economic Community and specifically whether Singapore will support the proposal for a Micro, Small and Medium Enterprises (MSME) Growth Bank. Answer by Mr Tharman Shanmugaratnam, Deputy Prime
    • MAS
    • Speeches

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    • Ladies and gentlemen, good morning. 1     I am very happy to join you today at the 4th ILS Asia Conference in Singapore. It has been two years since Singapore embarked on plans to carve out her place as a new ILS domicile.  We are making good progress on this front as ILS becomes increasingly accepted as a risk financing mechanism and a mainstream asset class in Asia. 2     Artemis’ conference today will provide a platform for ILS sponsors and investors alike, to exchange and share valuable experiences
    • MAS
    • Economic Essays

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    • This study was published as Special Feature C in the October 2009 Macroeconomic Review. Special Features  67    Special Feature C  Financial Sector Dynamics and Postcrisis  Challenges for Asia    by Michael Spence1   Introduction    "If we worked on the assumption that what is  accepted as true really is true,   then there would be little hope for advance."    Orville Wright, pioneer in powered flight.    The  crisis  we  are  in  brought  down  the  global  economy  and  nearly  produced 
    • MAS
    • Speeches

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    • View video recording of the speech and panel discussion here . Ladies and gentlemen, good morning. I want to first thank IPS for the opportunity to share my thoughts with this large audience. I would also like to commend IPS for convening a conference on what is an important, existential topic: the implications of demographic change. I will focus my presentation on the economic implications of demographic change: what it means for economic growth and economic dynamism.  The two are different. My
    • MAS
    • Speeches

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    • 1   I would like to first thank Steve Evans, Owner and Editor-in-Chief of Artemis for inviting me to say a few words. 2   The Artemis ILS Asia conference is today the leading platform for the ILS community in Asia to exchange ideas, share valuable insights and experiences, and keep pace with the latest developments in the ILS world. For the past five years, the conference has been a key rallying point for the ILS community in the region to come together each year in Singapore. 3   I am delighted