Singapore
Meeting the challenge of the global economy
SPEECH - Lim Hng Kiang, Singapore's second minister for finance has made the opening remarks at the 36th SEACEN Governors' Conference, Singapore. Among other things he discusses the challenges for Asia with the slowing of the US economy and the much…
SE Asian central bank governors begin meeting
SINGAPORE - The annual conference of Governors of the South-East Asian Central Banks (SEACEN) needs to focus on ways to maintain its relevance amid a proliferation of regional and international forums, a Singapore government minister said on 31 May.
SE Asian ctrl bankers to meet in Singapore Jun 1-2
SINGAPORE - Southeast Asian central bankers will gather in Singapore for a two-day meeting starting on Friday 1 June to discuss developments in the financial markets, the Monetary Authority of Singapore, the meeting's host, said.
MAS chairman on building one financial world
SPEECH - Lee Hsien Loong, chairman of the Monetary Authority of Singapore, has delivered the keynote address at the ACI world congress, Singapore. The speech was delivered on 25 May and concerned Asia's experience of managing financial integration.
Monetary Authority of Singapore Quarterly Report
RESEARCH - The economics department of the Monetary Authority of Singapore has published its May 2001 Quarterly Report on Financial Markets.
Monetary Authority of Singapore Amendment Bill
SPEECH - Second reading speech of the Banking Amendment Bill by Lee Hsien Loong, DPM, Singapore and Chairman, MAS.
MAS to welcome more foreign banks
Tharman Shanmugaratnam, the new managaing director of Singarpore's monetary authority, has indicated that the authority plans to issue more banking licenses to foreign banks.
Central bank denies meeting on ringgit
MALAYSIA - Malaysia's central bank has denied market rumours of any meeting or statement on the ringgit peg.
Singapore's Lee says Singapore $ policy unchanged
SINGAPORE - Singapore will maintain its policy of a "gently appreciating band" for the Singapore dollar and expects positive economic growth in 2001, Deputy Prime Minister Lee Hsien Loong told parliament on Apr 19.
Singdollar policy has not changed - MAS
SINGAPORE - The Monetary Authority of Singapore says it has not changed its policy of allowing a gradual and modest appreciation of the trade-weighted Singapore dollar within a policy band.
MAS promotes four senior officials
SINGAPORE - Effective April 1, Tharman Shanmugaratnam took office as the Monetary Authority of Singapore's new managing director, and three other officials were promoted to key positions, the central bank said in a statement issued late on Apr 4, 2001.
GSIC cuts investments in tech companies
SINGAPORE - The Government of Singapore Investment Corp has reduced its interests in Malaysia's technology sector in the face of sluggish US demand for the country's electronics products.
J.P. Morgan to include Singapore in GBI Board
SINGAPORE - Singapore will become the 22nd country in J.P. Morgan's Government Bond Index Board (GBI Board) starting on April 2 with a 0.3 percent market capitalisation weighting.
MAS consults on securities supervision
The Monetary Authority of Singapore late Wednesday (March 21) released "public consultation papers" on two new proposed laws on securities and futures trading and financial advisory activities on theisland.
S'pore sets new rules for bank private investments
SPEECH - Singapore's central bank said on Mar 21, 2001 it was proposing new rules for bank investments in private equity and venture capital that will allow flexibility while maintaining prudent standards. Ravi Menon, executive director of the Monetary…
MAS liberalises SGD swap rules for offshore banks
Following its recent decision to liberalise trading in Singapore dollar swaps, the Monetary Authority of Singapore said Mar 13, 2001 that effective March 1 it has allowed offshore banks to enter into currency swaps of any amount with non-banks.
BIS sets up Asia-Pacific consultative council
The Bank for International Settlements (BIS) said on Mar 12, 2001 it had set up an Asian Consultative Council comprising governors of its central bank members in the region.
BI vows to prevent rupiah breaking 10000 level
Bank Indonesia will take action to protect the rupiah from breaking through the Rp 10,000 level against the U.S. dollar, the central bank's governor Sjahril Sabirin said on Mar 6.
Singapore's Exchange Rate Policy - paper
This paper examines Singapore's experience with the exchange-rate based monetary policy system since its adoption in the early 1980s. It discusses the movements in the Singapore dollar exchange rate over the past two decades, and considers how the system…
Bank Indonesia meets Singapore MAS, banks
Bank Indonesia Deputy Governor Miranda Gultom met top bankers in Singapore on Feb 27, 2001 to discuss Jakarta's recent curbs on offshore trading of the rupiah.
E-banking conference to be held in Philippines
Philippine government officials, bankers, businessmen, academics, and other observers of the Philippine economy will tackle the challenges and opportunities of electronic banking at a conference being held by the Philippines central bank.
Singapore MAS to brief on mon policy twice a year
The Monetary Authority of Singapore said on Feb 26, 2001 it will hold a media briefing twice a year on its monetary policy in an effort to raise transparency.
MAS chair quizzed on currency, emoney, regulation
Lee Hsein Loong, Singapore's Deputy Prime Minister and Chairman of the Board of the Monetary Authgirty of Singapore, answers parliamentary questions about whether there will be a devaluation of the Singapore dollar, about introducting electronic payment…
S'pore GDP up 9.9% in 2000, no shift in MAS bias
Singapore's economy grew a robust 9.9 percent in 2000, slightly below an official forecast of 10.1 percent, with the outlook broadly positive for 2001 despite slowing growth, the government said on Feb 22, 2001.