Showing 4566 Documents for "economic issues"

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    • MAS
    • Parliamentary Replies

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    • Issues Raised in Parliament ANSWER TO PARLIAMENTARY QUESTION ON: DPM Lee's Reply to Parliamentary Questions on Non-Performing Loans of Local Banks in Singapore For Parliament Sitting on 12 Oct 98 Question: To ask the Deputy Prime Minister if he will give an update on the latest position of the exposure of banks in Singapore as a result of the further decline in the property value and economic conditions in neighbouring countries. To ask the Deputy Prime Minister what is the status of non-domestic
    • MAS
    • Media Releases

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    • Previous recipients of the ESS Honorary Fellowship include Dr Goh Keng Swee, Professor You Poh Seng, and Professor Lim Chong Yah. 3   Prizes were also awarded at the dinner to the winners of this year's MAS-ESS Essay Competition, which seeks to raise awareness of economic issues among students. 
    • MAS
    • Speeches

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    •  OVERVIEW OF SINGAPORE’S REGULATIONS His Excellency, Nguyen Quoc Cuong, Deputy Minister, Ministry of Foreign Affairs, Vietnam His Excellency, Nguyen Trung Thanh, Vietnam's Ambassador to Singapore Distinguished Guests Ladies and Gentlemen 1   It is a pleasure to join you today. 2   These are challenging times for financial markets and regulators around the world. A significant amount of wealth has been eroded and the global market outlook remains uncertain. 3   It is clear that global conditions
    • MAS
    • Economic Essays

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    • This study was published as Special Feature A in the April 2008 Macroeconomic Review. 78 Macroeconomic Review, April 2008 Special Feature A The Fall in the US Dollar and its Status as a Reserve Currency Introduction Since its most recent peak in early 2002, the US$ has weakened significantly against the major currencies, including the euro, Swiss franc and the Canadian dollar. Together with the sizeable US current account deficit, this has
    • MAS
    • Speeches

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    •    38th Association of Banks in Singapore (ABS), Annual Dinner, Raffles City Convention Centre, Tuesday, 28 June 2011 “Bank Capital Adequacy and Institutional Structure – Singapore’s Approach” INTRODUCTION Chairman, ABS, Council members of ABS, Ladies and Gentlemen It is my pleasure to be here this evening.  I was last here to deliver the keynote address in 2007, prior to the global financial crisis. 2   As economies now recover, especially in Asia, it is easy to forget how close the global financial
    • MAS
    • Speeches

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    • Distinguished guests, ladies and gentlemen, good morning. Asia’s Changing Risk Landscape These are interesting times for the insurance industry.  The operating environment has become more challenging. Underwriting results are being pressured by a combination of sluggish economic growth, softening rates, and rising claims. Investment returns are being depressed by the low interest-rate environment. In Europe, for instance, returns on long-term safe assets are at their lowest since the creation of
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback received on Consultation Paper on Internal Ratings Based Approach (142.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on IRB Approach on Definition of Default (61.2 KB) RESPONSE TO FEEDBACK RECEIVED - CONSULTATION PAPERS ON INTERNAL- RATINGS BASED APPROACH 1 General Comments 1.1 As part of the process to implement the Revised Basel Capital Framework (commonly referred to as "Basel II") in Singapore, MAS has issued consultation papers
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    • Speeches

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    •  Distinguished guests Ladies and gentlemen A warm welcome to Citigroup’s inaugural Asia Pacific Property Conference.  This is an excellent opportunity for developers, investors and financial intermediaries to share ideas and network with other key players in the market. I am certain that this conference will be interesting and fruitful. Strong Regional Prospects 2   Asia is witnessing robust growth, led by sustained growth of the Chinese and Indian economies and the welcome recovery of Japan – now
    • MAS
    • Speeches

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    • Singapore Remains Stable and Sound The global economy is slowing and the international financial system is still under significant stress.  Amidst the current turmoil, the financial system in Singapore remains stable and robust.  Financial institutions in Singapore continue to be sound and to operate normally.  Our local banks and finance companies are financially strong and well-capitalised.  They meet capital adequacy ratios in excess of MAS’ requirements, which are in turn higher than international
    • MAS
    • Media Releases

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    • Singapore, 5 October 2022… The Monetary Authority of Singapore (MAS) today announced the establishment of a Sustainable Finance Advisory Panel (SFAP) to help guide MAS on its strategies and initiatives to build a credible and vibrant sustainable finance ecosystem. 2. The SFAP comprises a diverse group of senior sustainability experts from financial institutions, academia, and other stakeholders from across the world, reflecting the multi-disciplinary nature of the sustainability agenda. The membership