Despite rebounding markets and a weaker Singapore dollar, MAS reported a net profit of S$3.76 billion for FY2023-2024, yielding an uninspiring 0.76% return.
The Monetary Authority of Singapore (MAS) issued a 5-year ban against Mr Muhammad Hafiz Bin Ismail, a former DBS representative, following his conviction for obstructing justice...
The Monetary Authority of Singapore (MAS) has mandated a three-month suspension of non-bank, non-card remittances to China, starting 1 January 2024, in response to over 670...
Singapore's core inflation surged to 3.3% year-on-year in October, driven by heightened inflation in services, retail, and diverse goods. The Ministry of Trade and Industry (MTI)...
Singapore's middle-income workers saw a 42% income rise from 2011-2021, surpassing other brackets, as per MAS. However, with the inclusion of 220,000 new citizens and 338,800...
MAS and IMDA outline a collaborative approach in a new proposal, emphasizing mutual responsibility between consumers and companies in Singapore to counteract digital fraud.
After recent service disruptions, the Monetary Authority of Singapore (MAS) shared that it has mandated probes into DBS and Citibank's recovery failures, urging customers to maintain...
Opinion: Persistent service disruptions and glaring single-point failures in Singapore's digital banking landscape are eroding public trust, highlighting significant systemic vulnerabilities. These incidents challenge the sector's...
The Monetary Authority of Singapore (MAS) upheld its exchange rate-based monetary policy, in line with expectations, marking the second such maintenance this year. The central bank...
The Monetary Authority of Singapore (MAS) is probing a disruption to DBS Bank's PayNow and Fast services last week. The glitch affected many customers, with services...