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Environmental, Social and Governance
Singapore announces Asia-focused blended finance initiative Fast-P with US$5 bil target fund size
To reach the US$5 billion target, MAS is reaching out to “many banks and institutional investors” to bring in commercial capital.
December 03, 2023
Sustainability
MAS's Ravi Menon launches Singapore Pavilion at COP28 in Dubai
Over the next 12 days, the Pavilion will feature panels and announcements by leaders from Singapore’s public and private sectors.
November 30, 2023
Cryptocurrency
Ravi Menon sees private crypto on its way out
Private digital coins “have miserably failed the test of money because they can’t keep value,” says MAS's Ravi Menon.
November 28, 2023
Singapore Fintech Festival 2023
MAS grants IPA to three entities issuing regulated stablecoins, to step up CBDC experiments
The MAS plans to pilot the live issuance of wholesale CBDCs next year.
November 16, 2023
Environmental, Social and Governance
Dividend policies, external appraisals for directors still lacking among Singapore listcos: Sias
94% of listcos did not use external parties to conduct appraisal of their boards. This must improve, says SIAS CEO David Gerald.
November 06, 2023
Zest
Singapore set to direct DBS to fix 'unacceptable' online outages
“The frequency of outages is unacceptable, the slowness in recoverability is unacceptable,” says MAS's Ravi Menon.
November 01, 2023
Singapore economy
Ravi Menon of MAS unfazed by suddenly hawkish peers
Singapore’s monetary policy “remains appropriately tight”
October 30, 2023
New appointments
MAS appoints Chia Der Jiun as new managing director
Chia will become the MD (designate) from Nov 1 to Dec 31. He will then become the MD on Jan 1, 2024.
September 04, 2023
Zest
Lawrence Wong to be new MAS chairman, Gan Kim Yong to be deputy chairman
Gan Kim Yong, Minister for Trade and Industry, will be appointed as the Deputy Chairman of MAS.
July 03, 2023
Sustainability
Retiring coal-fired power plants is the 'mother of all transitions': MAS
“It’s rare to see a central bank worry about coal. But, we realised that it was something needle-moving for Asia’s transition.”
June 14, 2023