Monetary Authority of Singapore

A Strategic Location for Wealth Management Singapore’s strategic geographical location has played a critical role in its rise as a wealth management hub. Situated at the crossroads of Asia, Singapore is an ideal base for investors looking to access key markets in Southeast Asia, China, and India. The city-state’s proximity to emerging markets, combined with its political stability, makes it an attractive option for global wealth management. As one of the world’s busiest financial centers, Singapore offers seamless access to both Western and Asian investment ...

SINGAPORE - Bank lending inched down in March from the previous month amid the coronavirus outbreak, as a drop in consumer loans offset a rise in business lending, preliminary data from the Monetary Authority of Singapore (MAS) showed on Thursday (April 30). Loans through the domestic banking unit, which captures lending in all currencies but reflects mainly Singapore-dollar lending, dipped 0.1 per cent in March from February. Total lending stood at $692.4 billion in March, compared with $692.85 billion in February. It also rose 2.4 per cent over the same mo...