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MAS ANNUAL REPORT

MAS reviewing banks' capital plans, including dividend payouts

Despite turmoil, financial sector is unlikely to contract from a year ago, and should still create jobs

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For the year as a whole, MAS expects the financial services sector to still be a net creator of jobs, though at a much lower level than in previous years.

Singapore

AMID "substantial uncertainty" over the global economic outlook as corporate defaults are set to rise, the Singapore regulator is now in "close discussions" with Singapore banks on their capital management ahead, which would include conversations around - though not limited to...

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