Singapore

Central banks differ on RBI / MAS pact

The Reserve Bank of India and the Monetary Authority of Singapore have differences on many issues relating to the India-Singapore Comprehensive Economic Co-operation Agreement, the Business Standard newspaper reported Wednesday 5 April.

Singapore MAS may tighten further

Singapore's monetary policy may turn more aggressive in April to subdue growing inflationary pressures, according to this article published Friday 24 March. Some banks are adopting a hawkish view because recent increases in the consumer price index have…

MAS - Annual Report 2004-2005

According to the Monetary Authority of Singapore's Annual Report 2004-2005, the Singapore economy expanded by a robust 8.4% in 2004, the highest growth rate recorded since 2000.

Asian reform

In this speech given at a Wharton business school forum in Mumbai on 6 January, 2006, the governor of the Bank of Thailand, M R Pridiyathorn Devakula, argues that fast growing intra-regional trade between east Asian economies provides evidence that the…

MAS's Tong on strengthening Singapore's position

In the speech 'Strengthening Singapore's position as a leading financial centre in Asia' given on 29 November Goh Chok Tong of the Monetary Authority of Singapore said we are living in exciting times in Asia. The economic centre of gravity is shifting…

MAS and IMF seminar on Asian integration

The Monetary Authority of Singapore (MAS) and the International Monetary Fund (IMF) will jointly host a high-level seminar on Asian regional financial integration in Singapore on Saturday 3 September.

Singapore, UAE sign MOU on securities markets

The Monetary Authority of Singapore (MAS) said on Tuesday 16 August that it has signed a Memorandum of Understanding (MOU) with the Emirates Securities and Commodities Authority (ESCA) of the United Arab Emirates (UAE).

MAS's Shanmugaratnam on money-changing businesses

In a speech given on 15 August Tharman Shanmugaratnam of the Monetary Authority Of Singapore said the Bill expands the scope of MAS' powers to revoke or suspend a money-changer's or remittance licence to include cases where the licensee has failed to…

China reveals details of yuan basket

China announced major currency market reforms on Wednesday 8 August and also published details of the basket of currencies to which the bank refers in managing the float of the yuan.

MAS's Keat on the 2004/2005 Annual Report

In a speech given on 22 July Heng Swee Keat of the Monetary Authority of Singapore said the Singapore economy grew by a robust 8.4 percent in 2004 supported by buoyant global economic conditions, with broad-based growth across all major sectors.

Singapore's Mun on building human capital

In the speech 'Building human capital for the new world and beyond' given on 13 July, Low Kwok Mun of the Monetary Authority of Singapore said the relatively good overall performance of the insurance industry in 2004 could be partly attributed to the…

Tee on Singapore's perspective on Islamic Finance

In a speech on 'Singapore's perspective on Islamic Finance' given on 16 March, Ong Chong Tee of the Monetary Authority of Singapore's said we believe Islamic finance is a development that will see further growth globally. And as the sector develops, so…

MAS's Palmer: Innovation in retail payment systems

In the speech 'Fostering innovation and promoting consumer interests in retail payment systems' given on 11 January John Palmer of the Monetary Authority of Singapore said MAS will continue to act as a facilitator for the retail payment industry,…

Goh becomes chairman of MAS

Lee Hsien Loong, who became Singapore's third prime minister on Thursday 12 August, will remain as finance minister, but his predecessor Goh Chok Tong is to take over as chairman of the Monetary Authority of Singapore.

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