Tag Archives: Monetary Authority of Singapore

On 25 May 2021, food delivery rider John Koh was looking for an investment loan of $25k, and he decided to Google for any licensed money lender around. He was directed to a website “galaxyfinances.net”. John decided to contact the number on the webpage “81918410”. “A man named Donald who …

A frustrated All Singapore Stuff reader allegedly got money deducted from her bank account by Manulife insurance even though she supposedly paid the whole year's worth of premium. These insurance policies were bought by her ex-husband. Even though the ex-husband is in a coma, Manulife allegedly refused to reveal anything about her son's policies which were bought by this ex-husband.

The Monetary Authority of Singapore (MAS) has approached Facebook page Fabrications About Singapore to remove the specimen currency image which had a photograph of Halimah Yacob pasted on it.

Do you think high bank charges are indeed obstacles to going cashless in Singapore? Now that the PM is encouraging us to do so, do we have to pay more again if the banks want to continue earning high margins? Can the MAS do something about this?

The Singapore Dollar is now at its weakest since 2009, during the global financial crisis, with little indication that it will stop falling.

The Monetary Authority of Singapore (MAS) launched its SG50 commemorative notes sets today with much fanfare as Singaporeans queued up at banks all over the island to get their hands on a set of limited edition SG50 notes. However, this launch has now been marred by an embarassing misspelling of the name of Singapore's first President Yusof Ishak in the packaging.

As Malaysian investigators close in on alleged fund transfers into the Malaysian Prime Minister Najib Razak's personal accounts, they have asked for the cooperation of the Monetary Authority of Singapore (MAS). According to documents released by The Wall Street Journal, $681 million of the money allegedly transferred to Najib's accounts came from a Singapore account of a British Virgin Islands-based company.

MAS said in a news release on Tuesday: "These reports had erroneously cited the fall in Singapore's official foreign reserves (OFR) and MAS' FX swaps since mid-2014 as an indication of heavy intervention by MAS to support the Singapore Dollar Nominal Effective Exchange Rate." Singapore's official foreign reserves declined by US$29 billion from June 2014 to US$249 billion as at end-March 2015. This came after an increase of US$105 billion over the preceding five years.