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Monetary Authority of Singapore (MAS)
Singapore Fintech Festival 2022
MAS's proposed measures to reduce crypto consumer harm include restrictions on incentives and debt financing
Some of the proposed measures may be more stringent even compared to capital markets.
October 27, 2022
Singapore Fintech Festival 2022
Revised industry transformation map puts local talent development at the core
MAS forecasts the financial sector to grow by an average of 4% to 5% p.a. between 2021 and 2025, creating more than 3,000 jobs.
October 27, 2022
Singapore economy
Below-trend growth for Singapore economy in 2023 amid deteriorating global outlook: MAS
Inflation-growth dynamics of the global economy have turned less favourable in the past few months, says the macroeconomic review.
October 27, 2022
Cryptocurrency
MAS seeks feedback on measures to reduce crypto consumer harm, regulating stablecoins
An outright ban will not be feasible as cryptocurrencies play a supporting role in the broader digital asset ecosystem.
October 26, 2022
Singapore economy
Singapore all-items CPI up by 7.5% y-o-y in September; MAS Core Inflation up by 5.3% y-o-y
MAS says core inflation is projected to stay elevated in the next few quarters before slowing in 2H2023.
October 25, 2022
Asset management
Asset managers in Singapore grow total AUM by 16% to reach $5.4 trillion
Looking ahead, the MAS expects AUM growth to moderate in 2022 amid the ongoing macroeconomic and geopolitical risks.
October 21, 2022
Fintech
$2,000 debt limit for buy now, pay later users and credit information sharing under new code of conduct
Under a new code, buy now, pay later providers pledge to cap all fees, including late fees and other charges.
October 20, 2022
Asia FX
Smartphone apps bury the case for a pan-Asian currency
Unrealistic as it was technically, the idea of a pan-Asian currency always had some political support, says Bloomberg's Mukherjee.
October 17, 2022
Singapore economy
MAS to re-centre the mid-point of the S$NEER policy band up to prevailing level
MAS says the MAS Core Inflation is likely to remain at around the 5% level for the rest of 2022 and into early 2023.
October 14, 2022
Global Economy
Briefs: Intel plans thousands of job cuts, Coinbase receives MAS in-principle approval, TES's Jovi Ho bags Sias award
See what Kim Forrest, CIO at Bokeh Capital Partner, has to say on the end of Wall Street’s “pandemic darlings”.
October 13, 2022