Chart of the Day: Singapore's foreign reserves grew by $8.5b in 2017

The gains were boosted by $22.3b of investment gains.

This chart from the Monetary Authority of Singapore (MAS) shows that Singapore’s official foreign reserves (OFR) gained $8.5b for FY2017/2018.

According to its annual report, the gains in the OFR comprise $22.3b of investment gains and a negative $13.8b from currency translation effects.

Investment gains mainly came from interest income and realised capital gains. MAS noted that investment gains over the last 10 years averaged $12.1b per annum.

Meanwhile, the negative currency translation effects were caused by the strengthening of the Singapore dollar against the US dollar and the Japanese yen.

As at 31 March 2018, OFR was at $376.5b. “OFR invested in a well-diversified portfolio for good long-term returns and resilience across market conditions.”

MAS said that the portfolio of investment covered cash, bonds, and equities in both advanced and emerging market economies.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia