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150128 ||| eng |
| 020 |
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|a 9781451834178
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| 245 |
0 |
0 |
|a Singapore
|b Selected Issues
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1999
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| 300 |
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|a 25 pages
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| 651 |
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4 |
|a Singapore
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Investments, Foreign
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| 653 |
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|a Banks
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| 653 |
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|a Finance
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| 653 |
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|a Banks and banking
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| 653 |
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|a Industries: Financial Services
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| 653 |
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|a Currency; Foreign exchange
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Balance of payments
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| 653 |
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|a Long-term Capital Movements
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| 653 |
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|a Trade: General
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| 653 |
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|a Exports and Imports
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| 653 |
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|a Mortgages
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| 653 |
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|a Economic sectors
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| 653 |
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|a International economics
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| 653 |
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|a Export performance
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a International trade
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| 653 |
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|a Exports
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Financial Institutions and Services: General
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| 653 |
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|a Financial services industry
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| 653 |
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|a Banking
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| 653 |
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|a Real exchange rates
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| 653 |
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|a Foreign exchange
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| 653 |
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|a Foreign direct investment
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| 653 |
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|a International Investment
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| 653 |
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|a Financial sector
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| 710 |
2 |
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|a International Monetary Fund
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Staff Country Reports
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| 028 |
5 |
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|a 10.5089/9781451834178.002
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/002/1999/035/002.1999.issue-035-en.xml?cid=3008-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a This Selected Issues paper presents a background and recent policy developments for Singapore’s financial sector. The paper highlights that in 1968, important tax and regulatory incentives were introduced to attract foreign investment in the financial sector and boost financial sector activity. In particular, the government catalyzed the development of Asian Currency Units (ACUs) by exempting nonresident depositors from withholding tax on ACU deposits. The paper also examines the impact of the external environment on economic activity in Singapore. Competitiveness issues are also discussed
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