Showing 4566 Documents for "economic issues"
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- Speeches
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- A very good morning to everyone. To our guests from overseas, a very warm welcome to Singapore. I am most delighted to join you at this inaugural Shorex Wealth Management Forum in Singapore. Global Impact of Crisis The current financial crisis is unprecedented. The speed at which events unfolded has been exceptional. The scale of impact has also become global. As an illustration of its extra-ordinary impact, world equity market capitalization has plunged to less than US$31 trillion, from US$62
- MAS
- Monographs/Information Papers
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- Spells out MAS’ objectives in overseeing the financial sector, its functions and the principles guiding its supervisory approach. A key theme of the monograph is that all stakeholders have a shared responsibility to achieve a sound and progressive financial services sector. Resources: Tenets of Effective Regulation MAS Framework for Impact and Risk Assessment of Financial Institutions Supervision of Financial Market Infrastructures in Singapore Enforcement MAS Approach to Resolution of Financial
- MAS
- Media Releases
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- Singapore, 30 July 2019 … This year, My Money @ Campus will be brought to students at the Institute of Technical Education (ITE). The series will visit the three ITE Colleges from July to October 2019, to give ITE students a deeper understanding of their financial health, and encourage them to take charge of their finances. The series will also support the financial education curriculum rolled out to all polytechnic and ITE Year 1 students this year. 2 Minister for Education and Monetary Authority
- MAS
- Speeches
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- Party Secretary Yuan, Minister Teo, Governor Huang, Mayor Hu, colleagues from China and ASEAN, ladies and gentlemen, good afternoon. Welcome to the fifth Financial Summit of the Singapore-China (Chongqing) Connectivity Initiative, or CCI. I thank the Chongqing Municipal People’s Government for hosting this event, with such impressive efficiency and warm hospitality. On a personal note, I am very happy to be back in Chongqing after more than three years. The city is even more vibrant and beautiful
- MAS
- Monetary Policy Statements
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- 10 July 2003 INTRODUCTION 1 At the beginning of 2003, MAS announced that it would maintain the neutral policy stance of a zero percent appreciation for the trade-weighted Singapore dollar nominal effective exchange rate (S$NEER) policy path, with no change in the level at which the policy band is centred, or in the width of the band. 2 The S$NEER started the year in the upper half of the policy band. (Chart 1.) It was generally on a downward trend during the first few months of 2003. The S
- MAS
- Speeches
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- Keynote Address by BG Lee Hsien Loong, DPM and Chairman, MAS at the 16th General Meeting of the Asian Bankers Association, 26 Nov 1999, Oriental Hotel Date: 26 Nov 1999 Introduction 1 The international financial landscape is changing rapidly. In Asia, economies and financial systems have undergone a traumatic two years. Weakening economies uncovered flaws in financial institutions and supervision. Entire financial systems went down, undermined by slack lending practices and inadequate legal frameworks
- MAS
- Speeches
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- Introduction 1. A very good morning to everyone. To our guests from overseas, a very warm welcome to Singapore. It is good to know that this Conference is a sell-out event. Looking at the changes in the global financial landscape, this is indeed an opportune time for industry practitioners to gather and exchange views. Increasing Importance of Trust Services in Asia 2. All of you must be familiar with the Asian growth story so I will not belabor that point. In tandem with the phenomenal
- MAS
- Speeches
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- Theme: Singapore as a Philanthropy Hub Ladies and Gentlemen 1 I welcome the launch of the inaugural Credit Suisse Philanthropists Forum in Asia. Importance of Philanthropy 2 In recent years, the problems facing the world have been getting more acute. The World Bank estimated that the recent Global Financial Crisis pushed an additional 64 million people into extreme poverty. Rising energy and food prices have put additional stress on the most vulnerable, who spend more than half their
- MAS
- Speeches
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- His Excellency Olivier Caron Ambassador of France to Singapore Mr Richard Simonin Chairman, EDHEC International Advisory Board Mr Olivier Oger Dean, EDHEC Business School Professor Noel Amenc Director, EDHEC-Risk Institute Associate Professor Frederic Ducoulombier Director, EDHEC-Risk Institute, Asia Ladies and gentlemen Introduction 1 Good morning. I am very pleased to join you today at the grand opening of EDHEC-Risk Institute’s Asian centre in Singapore. Key observations from the crisis
- MAS
- Media Releases
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- 1 The Minister for Trade & Industry and Deputy Chairman of the Monetary Authority of Singapore (MAS) today moved the Banking (Amendment) Bill ("the Bill") for first reading in Parliament. The Bill will be read a second time and discussed at the next available Parliamentary sitting. Overview 2 As part of its on-going review of the banking regulatory and legislative framework, MAS is introducing several new policies and measures to strengthen prudential safeguards, facilitate risk-based supervision