The tacit directive from the Monetary Authority of Singapore was given during a February 20 meeting of an industry group made up of bankers and regulators, according to multiple people who attended.
Singapore Halts Policy Tightening After First-Quarter Slump
Singapore’s central bank kept its monetary policy settings unchanged after five straight tightening moves since October 2021, pointing to rising global growth risks and ebbing inflation.
No change in Singapore’s monetary policy; current approach ‘appropriate’ for price stability, says MAS
The central bank said the effects of its past tightening moves "should dampen inflation further". It also flagged the risk of a "deeper than anticipated" slowdown in the Singapore economy.
Singapore’s Central Bank Unexpectedly Keeps Monetary Policy Unchanged
The central bank said the current path of appreciation is sufficiently tight and appropriate for achieving medium-term price stability.
Singapore-flagged vessel boarded by pirates remains unlocated and uncontactable
SINGAPORE — The owner of Success 9 — the Singapore-flagged vessel that was boarded by pirates around 570km off the Ivory Coast on Monday (April 10) — has not been able to communicate with the vessel, ...
Keeping Singapore firms and workers at the forefront of AI advancements: Temus and AI Singapore sign MOU to accelerate AI innovation and adoption
SINGAPORE - Media OutReach - 14 April 2023 - Temus, a digital transformation services company, announced an inaugural partnership with AI Singapore (AISG) at the signing of ...
Over 100 Android users in Singapore fall prey to phishing scams since March
SINGAPORE: At least 113 Android phone users had their banking credentials stolen in phishing scams since March, with losses amounting to at least S$445,000. The police said on April 13 that the ...
China’s March coal imports rise to three-year high
SINGAPORE, April 13 (Reuters) - China's coal imports surged in March to their highest in three years as utilities increased purchases on expectations for a demand recovery. The world's top coal ...
Singapore opens up its airport to the metaverse
Singapore's Changi Airport can now be explored on Roblox, where users will be able to experience a virtual representation of the airport's popular features such as an indoor waterfall.
CVC mulling sale of stake in QSR Brands after IPO delays, say sources
Private equity firm CVC Capital Partners is considering selling its 21% stake in QSR Brands after multiple attempts by the regional fast food franchise operator for a domestic listing, two sources ...
Over 50 IPOs seen in Southeast Asia in the first quarter
Singapore accounted for 1 IPO launch that raised US$15m. A total of 51 initial public offerings (IPOs) were launched in Southeast Asia in the first quarter, amounting to US$1.4b in proceeds, EY ...
Keep on Buying Goldman Sachs Stock, Says DBS
In fact, with a history spanning over 150 years, Singapore banking giant DBS calls this “oldie but goodie” a “world-class broker with top talent.” “Goldman has consistently occupied the top spots of ...
Boy allegedly steals bus in Tampines, goes on 5-hour ‘joyride’ in northeastern Singapore
Authorities are investigating an incident involving a teenage boy who allegedly stole a private bus and took the vehicle on a five-hour joyride.
Name and shame: Singapore bar files police report and exposes customers who left without paying S$275 bill
The Prinsep Street bar that had to deal with irresponsible non-paying customers has escalated matters to the authorities after finding out that it wasn’t “accidental.”
Thinking Of Buying An Investment Property In Singapore, The Switzerland Of Asia? Here Are 4 Things To Consider
The country's stable economy and socio-political infrastructure, powered by a strong labor force have made Singapore a hotspot for foreign property buyers. Get The Full Walter Schloss Series in PDF ... ( read original story ...)
MAS head talks up Singapore financial stability
Through regular risk assessments and close supervisory monitoring, the MAS ensures that banks in Singapore are well-capitalized, keep healthy liquidity positions, and are underpinned by a stable and ...