News

MAS Maintains S$NEER Band Setting as Growth Outpaces Disinflation Risks

MAS Maintains S$NEER Band Setting as Growth Outpaces Disinflation Risks

During its July 2025 policy meeting, the Monetary Authority of Singapore retained the current slope, center, and width of its exchange-rate based policy band (S$NEER), citing stronger-than-expected Q2 GDP and easing trade tensions as justification. 1

Singapore Allocates S$1.1 Billion via EQDP to Bolster Equity Liquidity Beyond Blue‑Chips

Singapore Allocates S$1.1 Billion via EQDP to Bolster Equity Liquidity Beyond Blue‑Chips

Monetary Authority of Singapore (MAS) has designated S$1.1 billion to three fund managers under its S$5 billion Equity Market Development Plan (EQDP), aiming to energize Singapore Exchange liquidity — particularly in small- and mid-cap stocks — a

MAS Holds Monetary Policy Steady Amid Easing Trade Pressures

MAS Holds Monetary Policy Steady Amid Easing Trade Pressures

The Monetary Authority of Singapore (MAS) has maintained its current exchange rate-centered monetary stance, reflecting cautious optimism as global trade conditions stabilize and domestic inflation remains in check. 1. MAS Decision Snapshot During it

Singapore’s Central Bank Injects S$1.1 Billion to Boost Local Equity Market Liquidity

Singapore’s Central Bank Injects S$1.1 Billion to Boost Local Equity Market Liquidity

In a strategic move to enhance the vibrancy of its domestic capital markets, the Monetary Authority of Singapore (MAS) announced a S$1.1 billion allocation to three asset management firms under its Equity Market Development Plan. 1. Policy Initiative

Singapore’s OCBC Launches New AI-Driven SME Loan Platform

Singapore’s OCBC Launches New AI-Driven SME Loan Platform

OCBC Bank has introduced an innovative AI-powered platform to simplify loan approvals for small and medium enterprises (SMEs), aiming to cut processing times by 60% and boost financial inclusion. OCBC Embraces AI for SME Lending What’s New OCBC’s

DBS Issues First Tokenized Bond on JPMorgan’s Onyx Blockchain Network

DBS Issues First Tokenized Bond on JPMorgan’s Onyx Blockchain Network

Singapore-based DBS Bank has become the first financial institution in Asia to issue a tokenized bond on the Onyx Digital Assets platform by JPMorgan.

Singapore Banks Boost Digital KYC Amid Global Compliance Push

Singapore Banks Boost Digital KYC Amid Global Compliance Push

Facing growing international scrutiny and evolving regulatory standards, Singapore’s financial institutions are investing heavily in digital KYC systems to modernize their compliance infrastructure and improve client experience.

Singapore Sees Surge in High-Net-Worth Bank Account Openings in 2025

Singapore Sees Surge in High-Net-Worth Bank Account Openings in 2025

Private banks in Singapore report a significant uptick in account openings by high-net-worth individuals (HNWIs), driven by political uncertainty in Europe and increasing regulatory pressures in the U.S.

MAS Investigates Crypto-Linked Money Laundering in Banking Sector

MAS Investigates Crypto-Linked Money Laundering in Banking Sector

Singapore's central bank, MAS, is working closely with law enforcement to investigate the role of local and international banks in facilitating suspicious cryptocurrency transactions. This comes after authorities uncovered a vast network laundering bi

Digital Bank Trust Bank Reaches 1 Million Customers Milestone

Digital Bank Trust Bank Reaches 1 Million Customers Milestone

Singapore-based digital-only bank, Trust Bank, has surpassed 1 million customers just 18 months after launch, signaling a shift in consumer banking behavior.