Showing 4566 Documents for "economic issues"
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- Speeches
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- Good morning and thank you for joining us. MAS and IBF are launching today the “Growing Timber” project – a series of monthly webinars and events focused on jobs and skills in the financial services sector. Jobs – the Central Economic Challenge of Our Times In August this year, at the Jackson Hole Economic Policy Symposium discussing the economic challenges facing the world, Senior Minister and Chairman MAS, Mr Tharman Shanmugaratnam, said: “The central problem is in creating enough jobs in the
- MAS
- Media Releases
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- Singapore, 5 July 2018… The Government announced today adjustments to the Additional Buyer’s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals. Status of the Private Housing Market 2. After declining gradually for close to 4 years, private residential prices began rising in 3Q2017. Prices have increased sharply by 9.1% over the past year. Demand for private residential
- MAS
- Media Releases
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- Singapore, 14 November 2022… The seventh edition of the Singapore FinTech Festival (SFF), which concluded on 4 November 2022, attracted more than 62,000 participants from over 115 countries. This was the largest SFF gathering since the inaugural edition in 2016. 2. SFF 2022 featured more than 850 speakers from private and public sectors who participated in plenary sessions, industry panels and roundtables. The SFF Exhibition saw more than 570 exhibitor booths, including 25 international country pavilions
- MAS
- Guidelines
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- Guidelines for financial institutions on risk management of outsourcing arrangements. These guidelines set out MAS’ expectations of a financial institution that has an outsourcing arrangement or is planning to outsource its business activities to a service provider. The guidelines cover: Engagement with MAS on outsourcing. Sound practices on risk management of outsourcing arrangements. Cloud computing. Resources: Outsourcing Guidelines Jul 2016 Annex 3 (34.3 KB) 08 Oct 2018 Version dated 27 July
- MAS
- Speeches
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- Singapore as a Gateway into Investment Opportunities in India INTRODUCTION Deputy High Commissioner, ladies and gentlemen, 1 Good morning. It gives me great pleasure this morning to have the opportunity to address such a distinguished group of experts and opinion leaders in the field of real estate and infrastructure. I would like to thank the organizer for putting together a conference to facilitate collaboration between business partners from Singapore and India in the fastest growing segments
- MAS
- Speeches
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- Good morning, ladies and gentlemen 1 Let me first extend a warm welcome to our overseas friends and thank the organisers for inviting me here today. I am glad to have this opportunity to meet with so many industry experts and practitioners in Islamic Finance in one place. Impact of Financial Crisis of 2008 on Islamic Finance 2 These past twelve months have been extremely challenging for the financial industry, to say the least. When this forum was last held in April 2008, JP Morgan had just
- MAS
- Media Releases
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- “MAS has received a number of queries on the issue of rising inflation. As noted in MAS’ November 2010 Inflation Report (290.1 KB) , headline inflation is expected to be higher over the next few months, mainly due to the recent surge in COE premiums and global food prices. However, we expect it to moderate in the second half of 2011. MAS continuously monitors price developments closely, and will announce any revision to the inflation forecast at the media briefing for the release of Fourth
- MAS
- Consultations
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- MAS sets out in this consultation paper the proposed amendments to limits currently imposed on each personal payment account that contains e money (“e-wallet”) issued by Major Payment Institutions. MAS invites comments from interested parties on the proposals set out in the consultation paper. Response VIEW DOCUMENT Response to Consultation on Proposed Amendments to Restrictions on Personal Payment Accounts that Contain E-Money (304.2 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed
- MAS
- Speeches
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- 1 Good afternoon ladies and gentlemen. 2 Thank you for inviting me to your Annual General Meeting Luncheon. May I congratulate Mr Darren Thomson on his election as the President of LIA and Mr Tan Hak Leh as Deputy President. I would also like to thank them for agreeing to take up the challenge to lead the LIA under such difficult times. Lessons from the current financial crisis 3 The steepness and to some extent the suddenness of the recent financial meltdown came as a surprise to many. The
- MAS
- Monographs/Information Papers
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- The Bank of Canada (BoC), Bank of England (BoE) and the MAS jointly published a report, 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. CROSS-BORDER INTERBANK PAYMENTS AND SETTLEMENTS Emerging opportunities for digital transformation November 2018 Cross-Border Interbank Payments and Settlements