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Singapore financial sector grew 6% in first half of 2021: MAS chief Ravi Menon


The Straits Times
Singapore financial sector grew an estimated 6% in first half of 2021: MAS chief Ravi Menon
Singapore’s economic growth for 2021 can exceed the upper end of the 4 to 6 per cent forecast range, says MAS Ravi Menon.PHOTO: ST FILE
PublishedJun 30, 2021, 11:24 am SGT
https://str.sg/3oWH
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Monetary Authority Of Singapore Extends Training Support Measures To Foster Skills Development In New Growth Areas


Monetary Authority Of Singapore Extends Training Support Measures To Foster Skills Development In New Growth Areas
Date
25/06/2021
The Monetary Authority of Singapore (MAS) and the Institute of Banking and Finance (IBF) announced today extensions to the enhanced training support measures to build capabilities and strengthen employability of the local workforce. These extended measures will be progressively reduced and cease on 1 July 2022. 
 
 
2   Since the introduction of these measures in April 2020 and extension of training support (including the inclusion of deep-tech courses) in November 2020, training participation has increased over 60% year-on-year. Close to 500 financial institutions have tapped on these measures. While economic activities have progressively resumed and the financial sector has performed relatively well amidst the crisis, uncertainties remain in the economic environment. To ensure that financial institutions, FinTech fir ....

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