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Monetary Authority of Singapore

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Singapore's central bank bans ex-Goldman banker Ng for life over 1MDB

Singapore's central bank bans ex-Goldman banker Ng for life over 1MDB

Roger Ng is permanently banned from performing any regulated activity under the Securities and Futures Act, said MAS.
Tue Sep 05 2023
Malaysia, Singapore launch cross-border QR code payments connectivity

Malaysia, Singapore launch cross-border QR code payments connectivity

This payment linkage will allow customers to make retail payments by scanning DuitNow QR and NETS QR codes, BNM and MAS said.
Fri Mar 31 2023
Foreigners needed to fill Singapore tech jobs crunch, says central banker

Foreigners needed to fill Singapore tech jobs crunch, says central banker

Menon said Singaporeans make up just over one-third of the estimated 25,000 tech workforce in the local financial sector.
Tue May 04 2021
1MDB Bond: Goldman Sachs Singapore to pay US$122 mln to Singapore government

1MDB Bond: Goldman Sachs Singapore to pay US$122 mln to Singapore government

Goldman Sachs Singapore Pte (GSSP) will pay US$122 million to the Singapore government for its role in the 1Malaysia Development Bhd (1MDB) bond offerings.
Fri Oct 23 2020
1MDB: Singapore imposes life ban on BSI Bank's former rep Swampillai

1MDB: Singapore imposes life ban on BSI Bank's former rep Swampillai

The Monetary Authority of Singapore (MAS) has issued lifetime Prohibition Orders (POs) against Kevin Michael Swampillai, a former representative at Singapore Branch (BSIS).
Fri Oct 23 2020
Singapore shortlists 14 applicants for digital bank licences

Singapore shortlists 14 applicants for digital bank licences

It expects to award the licences by the end of the year
Thu Jun 18 2020
Malaysia and Singapore to set up stock market trading link

Malaysia and Singapore to set up stock market trading link

The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia will facilitate the establishment of a stock market trading link between Bursa Malaysia and the Singapore Exchange.
Tue Feb 06 2018
Indonesia says investigating StanChart US$1.4 billion transfer to Singapore

Indonesia says investigating StanChart US$1.4 billion transfer to Singapore

The funds, held by Standard Chartered Plc in Guernsey mainly on behalf of Indonesian clients, was transferred to Singapore just before the island moved to new tax transparency rules.
Mon Oct 09 2017
Singapore to launch blockchain project for interbank payments

Singapore to launch blockchain project for interbank payments

This is the first step by Singapore's central bank to explore the use of digital currency.
Wed Nov 16 2016
Singapore ready to curb excessive volatility in Singapore dollar if needed

Singapore ready to curb excessive volatility in Singapore dollar if needed

The Monetary Authority of Singapore (MAS) stands ready to curb excessive volatility in the trade-weighted Singapore dollar if needed.
Fri Nov 11 2016
1MDB: Singapore directs Falcon Bank to stop operations in Singapore

1MDB: Singapore directs Falcon Bank to stop operations in Singapore

The Monetary Authority of Singapore (MAS) has asked Swiss wealth manager Falcon Private Bank Ltd to cease operations in the city state over lapses related to handling 1MDB fund flows.
Tue Oct 11 2016
Singapore maintains US$4 billion loan commitment to IMF

Singapore maintains US$4 billion loan commitment to IMF

Singapore made its initial loan commitment in April 2012 to ensure the IMF has adequate resources to meet potential needs.
Sat Oct 08 2016
Singapore seizes RM710 million assets in 1MDB-related investigation

Singapore seizes RM710 million assets in 1MDB-related investigation

The criminal investigations by CAD are targeted at individuals suspected of committing offences in Singapore related to these fund flows.
Thu Jul 21 2016
Singapore kicks out Swiss bank linked to 1MDB

Singapore kicks out Swiss bank linked to 1MDB

Singapore's central bank on Tuesday said it has ordered the closure of the local branch of Swiss bank BSI, which has been linked to a scandal at Malaysia's troubled state fund 1MDB.
Tue May 24 2016
Panama Papers: Singapore to investigate leaked documents

Panama Papers: Singapore to investigate leaked documents

Singapore said it will investigate if there is any individual or entity in the republic named in the leaked documents from a Panamanian law firm.
Wed Apr 06 2016
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024