MAS
The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator. MAS also works with the financial industry to develop Singapore as a dynamic international financial centre.
See below for the Latest MAS News, Analysis, Profit Results, Share Price Information, and Commentary.
Singapore’s financial sector employment rose 4,800 in 2023
The financial sector made up 14% of Singapore’s GDP in 2023.
Singapore’s financial sector employment rose 4,800 in 2023
The financial sector made up 14% of Singapore’s GDP in 2023.
Labour force upskilling needed as SG nears 'super-aged' status
The future growth must be productivity-led, said DPM Gan Kim Yong.
MAS appoints Chee Hong Tat as Deputy Chairman
He will serve until 31 May 2027.
Singapore and Cambodia launch financial transparency corridor for SME trade
Participating financial institutions include ANEXT Bank and Advanced Bank of Asia.
MAS and BIS launch blueprint for climate risk data platform
The platform integrates regulatory and climate data from corporate disclosure documents.
MAS appoints trade minister Gan Kim Yong as new chairman
He will be replacing DPM Lawrence Wong.
Transport Minister Chee Hong Tat joins MAS Board of Directors
Chee will serve three years from 1 June to 31 May 2027.
MAS and Bank Indonesia extend bilateral financial arrangement until 2024
The agreement between both central banks was extended to 2 November 2024.
Central bank announces new savings bond with average yield of 3.32%
Its amount offered is at $1b.
OxPay receives licence to offer e-money and account issuance
The fintech said it won’t have any material impact on the group’s financial statement this year.
Menon to step down as MAS managing director
Chia Der Jiun will succeed Menon.
New requirements published for DPT service providers
It will mitigate the risk of loss or misuse of customers’ assets.
MAS did not direct banks to 'avoid discussing origins of wealth inflows': PBIG
PBIG said that the sources of wealth inflows into Singapore “remain diversified.”
Singapore ready to provide liquidity to keep financial system stable: MAS
Minister Shanmugaratnam assured that the central bank conducts annual stress tests.
Central bank begins financial sector cloud resilience forum
The forum will discuss perspectives on appropriate public cloud risk management practices.
No interruptions in Credit Suisse operations in Singapore: MAS
MAS said UBS’ takeover of Credit Suisse will not impact SG’s banking system.
SG, India enable real-time cross-border payments
This is possible with the linkage of PayNow and India’s Unified Payments Interface.
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