Monetary Authority of Singapore
MAS, France complete wholesale cross-border payment experiment using CBDC
It simulated cross-border transactions involving multiple CBDCs on a common network.
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.
Daily briefing: SG’s GDP likely to exceed 4-6% forecast; SG tightens measure for travellers from Australia
And power and gas tariff to increase between July and September.
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.
MAS extends training measures for SG workers
The training support will be extended until July 2022.
MAS, financial industry extend support measures for individuals, SMEs
Loan tenures will be extended between 3-5 years.
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.
Overall inflation rises 2.4% in May
Core inflation increased 0.8% year-on-year.
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.
Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules
They failed to properly monitor individuals onboarded as advisors, directors.
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