Monetary Authority of Singapore

SGD NEER likely to be supported in MAS’ MPS - HSBC

The policy is expected to normalize in April 2022. 

SGD NEER likely to be supported in MAS’ MPS - HSBC

The policy is expected to normalize in April 2022. 

Singapore, Malaysia to link real-time payment systems PayNow, DuitNow

Remittances between the two countries reached S$1.3b in 2020.

Singapore, India to link PayNow, UPI payment systems by mid-2022

Fund transfers from India to Singapore will only need mobile phone numbers.

MAS: Green finance needs to scale up

MAS Managing Director Ravi Menon talked about the missing components in making green finance work effectively.

MAS forms sustainability group to drive green finance agenda

Former chief sustainability officer of Thai Union Group is the head of MAS' new group.

MAS reveals 15 Global CBDC Challenge finalists

They will present their innovations at the Demo Day during the Singapore FinTech Festival in November.

Singapore Fintech Festival 2021 to discuss Web 3.0 for financial uses

It will take place from 8 to 12 November as a hybrid event.

MAS, BIS publish proposal on global retail payments network connectivity

Called Project Nexus, the blueprint outlines how countries can integrate their retail payment systems onto a single cross-border network.

MAS lifts dividend cap on local banks, financial companies

Local financial firms are expected to remain resilient even should the economy slip into a recession again.

Digitalisation creeping into non-tech roles as Singapore banks accelerate hiring

The sector will continue in a “reform and transform” path, hinging on successful digital banking applicants.

MAS, France complete wholesale cross-border payment experiment using CBDC

It simulated cross-border transactions involving multiple CBDCs on a common network.

Economic growth could exceeed 4-6% forecast: MAS

MAS Managing Director Ravi Menon said the government could upgrade its GDP forecast for 2021.

MAS net profit plummets by more than 50% to $5.2b

Half of the profit will be added to its reserves, whilst half will go to the government.