The Monetary Authority of Singapore (MAS) on October 30 announced that it established a “Global Finance & Technology Network” (GFTN) to propel Singapore’s reputation as a premier global fintech hub into its next phase and enhance global connectivity.
As the number of visitors to Singapore continues rising post-pandemic, the Monetary Authority of Singapore (MAS) is expecting more and higher-value cross-border payment transactions.
The Monetary Authority of Singapore (MAS) has announced that to decarbonise the economy, Singapore will expand its focus, which is now solely on green finance, to the one that also includes transition finance by mapping out clear definitions, encouraging innovation and extending grants.
Professional forecasters have upped their prediction of inflation in Singapore in 2022 and 2023 amid spiraling prices in the past three months, re-opening of domestic services and loosened COVID-19 restrictions.
The Singapore economy is projected to slow further in 2023 amid growing challenges in the external environment, according to the latest report of the Monetary Authority of Singapore (MAS).
The Monetary Authority of Singapore (MAS) announced on October 14 that it had tightened monetary policy for the fifth time in a year, allowing a further appreciation of the Singapore dollar to help dampen inflation.
The Monetary Authority of Singapore (MAS) has recently further tightened its monetary policy by raising the mid-point of the Singapore dollar Nominal Effective Exchange Rate policy band to its prevailing level to fight price pressures.
The Monetary Authority of Singapore (MAS) announced on October 1 that it will launch a data and information-sharing platform, named Cosmic, to prevent money laundering, terrorism funding and proliferation financing.
Singapore's economy will grow by 5.8 percent this year, higher than the 5.5 percent expansion predicted earlier, a quarterly survey by the Monetary Authority of Singapore (MAS) has found.
Singapore's economy grew only 1.6 percent in the fourth quarter of 2018 compared to the previous quarter, much lower than economists’ forecast of 3.2 percent.
Singapore has imposed fines on Swiss bank Credit Suisse and a local bank for breaching rules on money laundering in connection with the alleged misappropriation from Malaysian state fund 1MDB.
Singapore’s inflation rate in April decreased 0.4 percent year-on-year, coming in below the 0.7 percent in the previous month, according to the latest report by the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI).
Singaporean private sector economists have forecast the nation’s economic growth at 1.4 percent this year, down from their previous projection of 1.8 percent, according to a survey by the Monetary Authority of Singapore (MAS) on December 14.
The Monetary Authority of Singapore (MAS) and the central bank of Singapore, on July 25, forecast a 1-3 percent growth for the country’s GDP growth in 2016 amidst a gloomy world economy.
The Monetary Authority of Singapore (MAS) has announced the issue of 4 billion SGD (2.85 billion USD) worth of savings bonds in 2016 on a monthly basis.
More than 413 million SGD (288 million USD) in applications from nearly 20,000 people have been accepted for the first issuance of Singapore Savings Bonds.
