Monetary Authority of Singapore’s (MAS)

DBS posts record quarterly net profit of $2.01 bil in 1Q21; maintains dividend of 18 cents per share - THE EDGE SINGAPORE

Results

DBS posts record quarterly net profit of $2.01 bil in 1Q21; maintains dividend of 18 cents per share

DBS Group Holdings has reported net profit of $2.01 billion for the 1QFY2021 ended March, making it the first time that the bank has crossed $2 billion in its quarterly earnings.

MAS on reskilling financial sector - THE EDGE SINGAPORE

JOBS

MAS on reskilling financial sector

In stark contrast to job cuts and losses in retail and hospitality sectors, Singapore’s financial sector continues to create jobs throughout the Covid-19 crisis, with 1,900 net openings in the firs

An uphill test - THE EDGE SINGAPORE

Positioning for the recovery

An uphill test

On Dec 4, the Monetary Authority of Singapore (MAS) announced it had awarded two digital full bank (DFB) licences and two digital wholesale bank (DWB) licences.

MAS partners the developing world to help SMEs access global opportunities - THE EDGE SINGAPORE

SFF x SWITCH 2020

MAS partners the developing world to help SMEs access global opportunities

Small and Medium Enterprises (SMEs) are one of the key areas of focus in Singapore’s FinTech agenda for a more inclusive society, says the Monetary Authority of Singapore’s (MAS) managing director

Fintech

Beyond digital dollar, MAS sees FinTech solving the world's most pressing challenges

In 2016, the Monetary Authority of Singapore (MAS) — Singapore’s central bank and financial industry regulator — embarked upon a journey to explore the use of blockchain and distributed ledger tech

MAS moves to oust the manager of Eagle Hospitality Trust - THE EDGE SINGAPORE

Company in the news

MAS moves to oust the manager of Eagle Hospitality Trust

The Monetary Authority of Singapore is directing the trustee of Eagle Hospitality Real Estate Investment Trust to remove the REIT’s manager and to appoint a new manager.

Goldman Sachs to pay Singapore US$122 mil for 1MDB role, pleads guilty in US - THE EDGE SINGAPORE

1MDB Watch

Goldman Sachs to pay Singapore US$122 mil for 1MDB role, pleads guilty in US

Goldman Sachs will pay Singapore US$122 million to settle its role arranging US$6.5 billion worth of bonds for the scandal-plagued 1MDB, said the Attorney-General’s Chambers; Commercial Affairs Dep

US elections and geopolitical risks hint at volatile November for Asian bonds - THE EDGE SINGAPORE

Broker's Calls

US elections and geopolitical risks hint at volatile November for Asian bonds

With less than twenty days to the US Presidential elections, markets are watching the campaign with baited breath as they await the decision of the American people.

Singapore's GDP remains in the red with 7% slump in 3Q2020: MTI - THE EDGE SINGAPORE

Singapore economy

Singapore's GDP remains in the red with 7% slump in 3Q2020: MTI

Singapore’s Gross Domestic Product (GDP) slumped 7% year-on-year in 3Q2020 ended September, according to advance estimates penciled by the Ministry of Trade and Industry (MTI) on Oct 14.

Analysts remain 'neutral' on Singapore banking sector following extension of loan relief measures - THE EDGE SINGAPORE

Broker's Calls

Analysts remain 'neutral' on Singapore banking sector following extension of loan relief measures

Analysts from CGS-CIMB and RHB are maintaining their “neutral” recommendation on the Singapore banking sector following the Monetary Authority of Singapore’s (MAS) announcement that it will be exte

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