Singapore
MAS Quarterly Report on Financial Markets- Feb 01
The Monetay Authority of Singapore has just published on Feb 21, 2001 its Quarterly Report on Financial Markets.
Singapore appoints new managing director for MAS
The Monetary Authority of Singapore (MAS) said on Feb 20, 2001 it had promoted deputy managing director Tharman Shanmugaratnam to managing director for a two-year term starting on April 1, 2001.
MAS wants more market oriented disclosure regime
The Monetary Authority of Singapore (MAS) announced on Feb 16, 2001 that it will allow fund managers to hold shares in the Singapore Exchange (SGX) beyond the current 5% limit, but up to a cap of 10% and subject to the approval of MAS. MAS also proposed…
MAS to further open Sing $ swap market from Mar 1
The Monetary Authority of Singapore said on Feb 15, 2001 it will further open the Sing dollar swap market to offshore banks keen to engage in transactions with non-banks to boost liquidity in the wider bond market. Koh Yong Guan, managing director of the…
Singapore banks eye new cap rules
Singapore banks, among the healthiest in Asia, should fare well against their regional competitors under a plan to strengthen international capital adequacy guidelines, the Monetary Authority of Singapore says. The proposal, unveiled recently by a Bank…
MAS issues insider trading law for consultation
Singapore revealed changes to insider trading laws that will penalize anyone who trades on the insider information regardless of whether the accused has any links to the company. The Monetary Authority of Singapore, the markets regulator and central bank…
Asean members sign new swap agreement
The 10 Asean members signed a new Asean Swap Arrangement (ASA) in November, providing a total of US$1 billion of financial support, said Bank Negara Malaysia in a statement on Dec 29, 2000.
Govt has no control over currency trading says MAS
The Monetary Authority of Singapore said the government does not exercise any control over currency trading in Singapore. Currency values are determined by market forces and the banks which trade them are merely "intermediaries" which allow them to find…
MAS can ease rupiah woes, says Gus Dur
Indonesian President Abdurrahman Wahid said that he disagreed with Singapore's senior minister Lee Kuan Yew over the role the Monetary Authority of Singapore could play in stopping commercial banks from speculating on the rupiah.
S'pore names health min Lim as MAS deputy chairman
The Monetary Authority of Singapore, the city state's central bank, said on Tuesday that Health Minister Lim Hng Kiang has been appointed deputy chairman with effect from January.
Singapore announces changes in currency policy
The Monetary Authority of Singapore, the central bank, has allowed banks in the country to lend Singapore dollars to non-residents in the city state in an effort to further liberalise its policy on non-internationalisation of the Singapore dollar and…
Indonesia c.bank sees firmer rupiah early in 2001
Indonesia's central bank on Thursday said it was confident the rupiah would strengthen to 8,000-8,500 against the dollar by early next year, but added the bank would continue to prop up the currency if necessary.