Ravi Menon

Singapore announces Asia-focused blended finance initiative Fast-P with US$5 bil target fund size - THE EDGE SINGAPORE

Environmental, Social and Governance

Singapore announces Asia-focused blended finance initiative Fast-P with US$5 bil target fund size

To reach the US$5 billion target, MAS is reaching out to “many banks and institutional investors” to bring in commercial capital.
MAS's Ravi Menon launches Singapore Pavilion at COP28 in Dubai - THE EDGE SINGAPORE

Sustainability

MAS's Ravi Menon launches Singapore Pavilion at COP28 in Dubai

Over the next 12 days, the Pavilion will feature panels and announcements by leaders from Singapore’s public and private sectors.

Cryptocurrency

Ravi Menon sees private crypto on its way out

Private digital coins “have miserably failed the test of money because they can’t keep value,” says MAS's Ravi Menon.

Singapore Fintech Festival 2023

MAS grants IPA to three entities issuing regulated stablecoins, to step up CBDC experiments

The MAS plans to pilot the live issuance of wholesale CBDCs next year.
Dividend policies, external appraisals for directors still lacking among Singapore listcos: SIAS - THE EDGE SINGAPORE

Environmental, Social and Governance

Dividend policies, external appraisals for directors still lacking among Singapore listcos: Sias

94% of listcos did not use external parties to conduct appraisal of their boards. This must improve, says SIAS CEO David Gerald.

Banking & finance

Singapore set to direct DBS to fix 'unacceptable' online outages

“The frequency of outages is unacceptable, the slowness in recoverability is unacceptable,” says MAS's Ravi Menon.

Singapore economy

Ravi Menon of MAS unfazed by suddenly hawkish peers

Singapore’s monetary policy “remains appropriately tight”
MAS appoints Chia Der Jiun as new managing director - THE EDGE SINGAPORE

New appointments

MAS appoints Chia Der Jiun as new managing director

Chia will become the MD (designate) from Nov 1 to Dec 31. He will then become the MD on Jan 1, 2024.
Lawrence Wong to be new MAS chairman, Gan Kim Yong to be deputy chairman - THE EDGE SINGAPORE

Banking & finance

Lawrence Wong to be new MAS chairman, Gan Kim Yong to be deputy chairman

Gan Kim Yong, Minister for Trade and Industry, will be appointed as the Deputy Chairman of MAS.
Retiring coal-fired power plants is the 'mother of all transitions': MAS - THE EDGE SINGAPORE

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.”
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