MAS PROFIT PLUNGES 45% BY LOWER INVESTMENTS

HIGHLIGHTS

• As Singapore went through its economic fall, MAS declared its annual report for FY19-20
• A net loss of 44.8% recorded

The Monetary Authority of Singapore (MAS) recorded net profit FY 19-20 as 44.8 % lesser as investment jumped down globally.

The figures of profit came as S$10.6 billion for the financial year ending on Mar 31 as that of S$19.2 billion in the ear....