Monetary Authority of Singapore

New foreign work pass track, tax exemption perks to strengthen asset management in Singapore

Singapore’s central bank announced on Aug 19 three new measures to strengthen the Republic’s attractiveness as a global asset management hub.

Singapore bankers, China-linked clients gear up for Beijing’s scrutiny of offshore trusts

On July 24, China’s Ministry of Finance and State Taxation Administration issued their clearest rules yet on taxation of offshore trusts.

Singapore upgrades 2026 GDP growth forecast to 4.5%-5.5% on stronger AI boom

The Ministry of Trade and Industry expects Singapore’s economy to expand by 4.5 per cent to 5.5 per cent in 2026, sharply higher than the earlier forecast of 2 per cent to 4 per cent.

BlackRock, ResMed and Thales chiefs among MNC leaders honoured in National Day Awards

(From left) BlackRock chairman and chief executive Larry Fink, ResMed chief executive Michael Farrell and Thales chairman and chief executive Patrice Caine were among the 56 recipients of the Public Service Star.

Singdollar to widen gap with regional currencies; stronger currency could weigh on exports: Analysts

MAS said on July 27 that it will increase “very slightly” the rate of appreciation of the Singapore dollar’s trade-weighted value.

Market Insights

Singdollar strengthens; yen recovers: Markets this week

The Federal Reserve Bank of New York was also reported to have sold euros for Japanese yen on behalf of the US Treasury.

Assets under management in Singapore climb 10% to $6.7 trillion in 2025

Singapore now hosts 1,320 asset managers, up from 1,298 at the end of 2024.

Singapore’s financial sector grew 4.3% in 2025, created 4,200 jobs annually over five years

Growth in the financial sector was broad-based across segments, including banking, insurance, asset management, foreign exchange, fixed income and sustainable finance.

MAS records $20 billion net profit on strong investment gains

Investment gains were strong as the global economy remained resilient to repeated shocks, said MAS managing director Chia Der Jiun.

MAS allows for a stronger Singdollar on persistent Iran war-induced inflation risk

MAS said the policy tightening in April, which followed a period of broad S$NEER appreciation, has contributed to a dampening of inflationary pressures in the economy.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.