MAS
Long term economic recovery from COVID-19 will be weak and gradual: MAS Ravi Menon
While a strong short-term growth bounce from the impact of the VODI-19 pandemic is plausible, the longer term recovery is likely to be weak...
MAS concludes multi-currency blockchain project, highlights commercial potential
MAS announced the successful conclusion of the fifth and final phase of Project Ubin, a blockchain-based multi-currency payments network...
Supply chain and digital connectivity key in post-COVID-19 world: MAS Ravi Menon
Closer integration – through trade and investment – has underpinned the prosperity and poverty reduction since the second world war, and...
14 digital bank applications to progress to next stage of assessment: MAS
14 of the 21 digital bank applications received by the Monetary Authority of Singapore (MAS) have met the eligibility criteria required for...
Singapore economy expected to shrink 5.8% in 2020: MAS survey
GDP growth is expected to recover to 4.8 per cent in 2021.
Singapore facing most severe recession in history: MAS Ravi Menon
With this year's GDP growth forecast at –4 to –7 per cent, Singapore is facing the most severe recession in history, said Ravi Menon,...
MAS launches SGD 1.75 million FinTech challenge focusing on COVID-19 and climate change
Themed “Building Resilience, Seizing Opportunities, Emerging Stronger”, the MAS Global FinTech Innovation Challenge aims to promote...
MAS to develop fairness metrics in usage of AI for credit risk scoring and customer marketing
MAS has announced the commencement of the first phase of the Veritas initiative – a framework for financial institutions to promote the...
MAS launches SGD6 million grant to help FinTech companies amid COVID-19 pandemic
Called the MAS-SFA-AMTD FinTech Solidarity Grant, the initiative is a joint effort by MAS, Singapore FinTech Association (SFA), AMTD Group...
Singapore to enter recession this year: MAS
The Singapore economy had contracted by 2.2 per cent year-on-year in Q1 2020.
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...
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...
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...
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...
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...
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.
New guidelines to strengthen cybersecurity in Singapore’s financial industry
The Monetary Authority of Singapore (MAS) has issued a set of legally binding requirements to raise the standards and strengthen the cyber...
Singapore Central Bank chief Ravi Menon’s term extended for two years
The term of Ravi Menon as the managing director of the Monetary Authority of Singapore (MAS) has been extended for two more years.
MAS transfers SGD45 billion to Singapore government from official foreign reserves
The Monetary Authority of Singapore (MAS) made the announcement today that it would be transferring SGD45 billion from the official foreign...
MAS unveils Year of the Boar coins in Singapore
The Monetary Authority of Singapore (MAS) today unveiled the 2019 Year of the Boar Almanac coins, the third issue in the Singapore Fourth...
International experts discuss pros and cons of digital currencies
Leading international and local academics convened in Singapore discussed about how digital currencies will impact monetary policy and...
Five quick and easy ways to remit money back to India
It is right in the midst of Diwali season, and money transfers back to India are in full flow. With the large Indian population in Singapore...