The Monetary Authority of Singapore censured banks for trying to rig benchmark interest rates and ordered them to set aside about S$12 billion (HK$74.4 billion) at zero interest pending measures to improve internal controls.Saturday, 15 June, 2013, 3:59am
Singapore's central bank unexpectedly refrained from easing monetary policy even as the economy contracted in the past quarter, saying inflation will remain high for some time. The Singapore dollar rose.13 Oct 2012 - 5:37am
Moves to free-up the Singapore dollar's usage mark another step in the republic's drive to ensure its place in the new millennium as a leading regional financial hub.14 Aug 1998 - 12:00am
Singapore's basic policy of not encouraging the internationalisation of its dollar remains unchanged despite a current review of the policy, according to Deputy Prime Minister Lee Hsien Loong. 'MAS [Monetary Authority of Singapore] is currently reviewing its policy on the internationalisation of the Singapore dollar.21 Apr 1998 - 12:00am
Despite the sharp drop in economic growth in the first quarter, the Monetary Authority of Singapore (MAS) says it is maintaining its forecast of 5 per cent to 7 per cent growth for this year.
In its latest annual report the MAS said growth would be led by a recovery in manufacturing exports, continuing strength in the construction industry and a buoyant financial sector.2 Jul 1997 - 12:00am
Singapore's March bank loans rose 14.4 per cent from a year ago, slower than February's gain of 15 per cent, the Monetary Authority of Singapore said.
Bank loans advanced to S$129.4 billion (about HK$696.88 billion) in March, from $113.2 billion a year ago.15 May 1997 - 12:00am