Welcome!
Monetary Authority of Singapore (MAS)
Sustainability
UNDP, GLEIF and MAS to help MSME develop digital ESG credentials
UN, MAS to help MSMEs develop digital ESG credentials
June 22, 2023
Anti-money laundering
MAS penalises Citibank, DBS and OCBC for breaches of anti-money laundering requirements
Breaches were identified during MAS’ investigation of the alleged involvement of Singapore-based entities in the Wirecard scandal.
June 21, 2023
Singapore economy
Manufacturing weakness shrinks Singapore economy growth forecast for 2023
Market watchers have reduced their median forecast for manufacturing for the 2023 to a decline of 1.3%.
June 16, 2023
Singapore economy
'Premature' to assume MAS will take risk-based approach to monetary policy: HSBC
HSBC believes inflation is no longer "as urgent" a problem for the MAS as it was last year.
June 15, 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
Singapore economy
Economists expect Singapore's GDP to grow by 1.4% in 2023: MAS survey
In the current survey, respondents also expect Singapore’s economy to grow by 1.5% in 2Q2023.
June 14, 2023
REITs
EC World REIT granted waiver to divest Chinese logistics properties
The proposed divestment must now be completed by Oct 31.
June 14, 2023
Credit Suisse crisis
Operations for UBS and Credit Suisse’s Singapore entities to continue without interruption: MAS
The takeover of Credit Suisse ends the lender’s 167-year independent existence.
June 12, 2023
Environmental, Social and Governance
Attracting blended finance and transition finance guidance key focuses at Ecosperity Week
Compared to the jam-packed conferences of years past, this year’s edition — which wrapped on June 8 — was a quieter affair.
June 08, 2023
Singapore news
'Humbled' Tharman steps up to lead at a time of evolving challenges
Senior Minister Tharman Shanmugaratnam announced on June 8 that he will run for Singapore's presidency
June 08, 2023