Singapore domestic assets rise 3.49% to $9.19b in October

Whilst foreign assets hit $378.26b.

Singapore total domestic assets increased by 3.49% YoY from $8.88b to $9.19b in October.

According to the Monetary Authority of Singapore (MAS), the total value of the country's foreign assets climbed up by 7.75% YoY from $351.06b in 2016 to $378.26b.

Meanwhile, liabilities in the form of reserve money rose from $64.82b to $67.6b and foreign liabilities slightly grew by 1.35% YoY from $4.43b to $4.49b.

The value of government deposits fell 28.04% YoY from $88.84b to $63.93b.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!