The Singapore economy had contracted by 2.2 per cent year-on-year in Q1 2020.
Tag: MAS
Financial services to remain open in Singapore amid new restrictions to battle coronavirus outbreak
Banking services will continue to be available through online channels, ATMs and bank branches.
Financial institutions should strengthen safe distancing measures: MAS
Financial Institutions in Singapore have been asked to actively encourage all customers to use electronic platforms (such as online or mobile banking) for financial transactions, where available.
21 applications for digital bank licences received: MAS
At the close of application on December 31, 2019, the Monetary Authority of Singapore (MAS) received 21 applications for digital bank licences.
Eminent Indian-origin financial economist appointed as MAS term professor at NUS
Eminent financial economist Professor Amit Seru has been appointed by the National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) as the MAS Term Professor in Economics and Finance.
MAS warns against website soliciting bitcoin investments
The Monetary Authority of Singapore (MAS) issued an advisory warning people about a website that has been soliciting investments in bitcoins.
Financial solutions need to be embedded in people’s lives: MAS Ravi Menon
For financial inclusion initiatives to stick, central banks and regulators need to ensure that FinTech offers interoperable solutions.
MAS, Deloitte team up to create industry-wide FinTech research platform
The aim of the platform is to help investors and financial institutions connect with FinTech start-ups that they can partner with or invest in.
MAS successfully develops blockchain for multi-currency payments
The novel platform has the potential to improve cost efficiencies for businesses.
Singapore eases monetary policy for the first time since 2016
The Monetary Authority of Singapore (MAS) eased monetary policy for the first time in three years on Monday, October 14.