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Monetary Authority of Singapore

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.
6 days ago

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.
6 days ago

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

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

Economic growth could exceeed 4-6% forecast: MAS

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

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.
26 days ago

MAS, international agencies launch Global Challenge for CBDC solutions

Finalists will receive mentorship from industry experts, a chance to prototype their solutions, and a cash prize.
28 days ago

MAS extends training measures for SG workers

The training support will be extended until July 2022.
29 days ago

MAS, financial industry extend support measures for individuals, SMEs

Loan tenures will be extended between 3-5 years.
1 month ago

Moody's: MAS measures against erring insurers to boost client confidence

The overall business impact would be temporary because no further penalties were handed out.
1 month ago

Overall inflation rises 2.4% in May

Core inflation increased 0.8% year-on-year.
1 month ago

MAS extends US$60b swap arrangement with US Fed

Since its launch in March 2020, the MAS USD Facility has provided US$25b to banks.
1 month ago

Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules

They failed to properly monitor individuals onboarded as advisors, directors.
1 month ago