SINGAPORE (Nov 29): Monetary Authority of Singapore (MAS) on Tuesday urged Singapore corporates and households to exercise caution despite standing up to the test so far amid external headwinds.

“Prolonged weak growth and low interest rates have heightened global financial stability concerns. Rising political risks could impede effective policy-making,” MAS said in its financial stability review released on Tuesday.

“Lacklustre growth could weaken corporates’ and households’ debt servicing abilities, and in turn weigh on banks’ asset quality,” MAS added.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook