monetary authority of singapore

MAS tipped to wait for 2022 to normalise monetary policy

THE Monetary Authority of Singapore (MAS) will probably wait until next year to normalise its currency settings, economists have told The Business Times - although they have not ruled out a...

Singapore bank lending up for fourth straight month

SINGAPORE's bank lending extended its growth streak for the fourth straight month in February, lifted by continued growth in housing and construction loans.

ABS, MAS study develops playbook for FIs' future 'pandemic-resilient' workplaces

THE future workplace for employees of financial institutions (FIs) will likely be an ecosystem of multiple options. This means FIs' real estate portfolios will have to account for changing...

Singapore banks likely to ease rather than lift dividend caps fully

THERE may be room to lift dividend caps imposed on Singapore banks last year, with the banks sounding an optimistic note for an earnings rebound in 2021. But most analysts said just a partial...

Property market froth and monetary easing hopes spill over into economist forecasts

PRIVATE home prices may keep climbing well into the next year, while some watchers are still holding out for a weaker Singapore dollar nominal effective exchange rate (S$NEER).

No significant increase in fraud, cyber-risk incidents from remote working in 2020: MAS-ABS

THE Singapore banking system did not observe any significant increase in operational, fraud and cyber-risk incidents from remote working in 2020, compared with a year ago.

Singapore business loans in January up for 2nd month

BUSINESS loans in Singapore picked up for the second straight month in January as the economy gradually recovers from Covid-19 this year.

No significant funds from Myanmar companies, individuals in Singapore banks: MAS

THE Monetary Authority of Singapore (MAS) has not found significant funds from Myanmar companies and individuals in banks in Singapore as part of its regular surveillance of the banking system, it...

Essential bank staff in Singapore to get Covid-19 jabs

THE Singapore government will be offering Covid-19 vaccines to essential bank staff in the financial sector over several phases.

MAS, CAD launch investigation into CoAssets Group for possible offences under Penal Code, SFA

THE Monetary Authority of Singapore (MAS) and the Commercial Affairs Department have launched a joint investigation into various companies under the beleaguered CoAssets Group for possible...

Curtain falls on CoAssets crowdfund platform, but no systemic risk seen in P2P lending

SINGAPORE-BASED crowdfunding platform CA Funding - formerly known as CoAssets - has thrown in the towel and is in the process of winding down, but there is no sign it is a harbinger of the...