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- MAS
- Speeches
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- Good morning. Welcome to MAS’ Annual Report media conference. GLOBAL ECONOMY The outlook for the global economy has deteriorated in recent months. In April, the IMF revised downwards its forecast for global GDP growth to 3.3% , from 3.7% last October. Last year at this time, at our annual report conference, I said that if the trade conflict between the US and China escalates into a trade war, all three engines of global growth – manufacturing, trade, and investment – will stall. We are now in
- MAS
- Media Releases
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- Singapore, 3 November 2022…The Monetary Authority of Singapore (MAS) today launched Ubin+ , an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC). 2 Ubin+ will focus on the following: Study business models and governance structures for cross-border foreign exchange (FX) settlement, where atomic settlement, based on digital currencies, can improve efficiencies and reduce settlement risks compared
- MAS
- Money and Banking Monthly Statistical Bulletin
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- MONETARY AUTHORITY OF SINGAPORE MONTHLY STATISTICAL BULLETIN January 2006 Co-ordinated by: Macroeconomic Surveillance Department Monetary Authority of Singapore MAS Building, 10 Shenton Way Singapore 079117 Republic of Singapore -------- CONTENTS Highlights of Monetary and Financial Developments .............. 5 STATISTICAL SECTION I I.1 I.2A I.2B I.3A I.3B I.3C I.4 I.5A I.5B I.6 I.7 I.8 I.9 I.10 I.11 I.12 I.13 I.14 I.15 II.1 II.2 II.3 II.4 II.5 II.6 II.7 II.8
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Consultation Paper on Review of Anti Commingling Framework for Banks (1.21 MB) Consultation Paper VIEW DOCUMENT Consultation Paper on Review of Anti Commingling Framework For Banks (823.7 KB) RESPONSE TO FEEDBACK RECEIVED 30 November 2020 Review of Anti-Commingling Framework for Banks Monetary Authority Of Singapore 1 -------- RESPONSES TO FEEDBACK RECEIVED - REVIEW OF THE ANTI-COMMINGLING FRAMEWORK FOR BANKS 30 NOVEMBER 2020 Contents
- PDPC
- Public Consultations
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- January 2020 The PDPC has issued a response to the feedback received from the public consultation. PDPC's Response Note to the Public Consultation on Data Portability and Data Innovation Provisions July 2019 The public consultation on Proposed Data Portability and Data Innovation Provisions has closed on 17 July 2019. Responses received at closing date on 17 July 2019 May 2019 This public consultation paper seeks views on the proposed data portability and data innovation provisions. These proposals
- MAS
- Media Releases
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- Singapore, 10 November 2019… The Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH) will come together for the first time as SFF x SWITCH. Running from 11 to 15 November, this event will gather the global innovation and business community in Singapore. There will be over 400 speakers, more than 900 exhibitors, 41 international pavilions, and about 60,000 As at 10 November 2019 participants from 130 countries. 2. Sustainability and Climate Change is the overarching
- MAS
- Speeches
Last revised date:
- Good morning from Singapore. I am pleased to join all of you, including our overseas Singaporeans and their friends, as well as leaders and professionals from Singapore’s financial centre at today’s forum. Singapore’s financial centre is doing exceedingly well, and prospects remain bright for the years ahead. The financial sector performed strongly throughout the Covid-19 pandemic. The sector Refers to growth in real value-added (excluding holding companies). grew by an annual average of 7.2% during
- MAS
- Macroeconomic Reviews
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- -------- Macroeconomic Review, January 2003 Contents Foreword Monetary Policy Statement Introduction: Coping with Increasing Uncertainties Macroeconomic Developments External Developments Domestic Economy Box Item A: Volatility in the Singapore Stock Market 3 Financial Market Developments International Financial Markets Regional Financial Markets Domestic Financial Markets 4 Wage-Price Dynamics External Inflation Domestic Cost Pressures CPI
- MAS
- Recent Economic Developments
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- This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy. pan Recent Economic Developments in Singapore Q1 Q2 1.5 7.8 -1.1 6.0 2.0 4.9 0.9 2.3 0.1 4.1 3.7 2.0 5.3 2.8 2012 Q3 0.0 -4.6 -1.4 -3.2 1.9 4.2 3.1 Q4 1.5 3.3 -0.2 -4.2 1.8 4.0 2.5 11 Jun 2013 2013 Q1 0.2 1.8 -6.7 -12.5 1.9 4.0 4.9 Full Year 1.3 -
- MAS
- Speeches
Last revised date:
- Good morning. Welcome to MAS’ Annual Report media conference. GLOBAL ECONOMY Let me begin with three broad statements about the global economy. One, the current expansion in the global economy is likely to be sustained this year. Two, the global growth cycle has matured and is probably past its peak. Three, tail risks to growth have grown significantly over the last six months. The current expansion in the global economy is likely to be sustained through this year. Last year, global GDP growth was