MAS' S$7.4 billion loss not related to investment performance

Why was there a loss, and why won't it affect investment performance? Finance Minister Lawrence Wong explains.
Why was there a loss, and why won't it affect investment performance? Finance Minister Lawrence Wong explains.
On the back of global retrenchments and a looming recession, local startup ShopBack is still going full speed ahead and is looking to fill over 200 positions across its 10 markets.

The shopping and rewards app revealed the numbers on Friday (1 July) during the official launch of its new headquarters at Pasir Panjang Road – its latest milestone in a string of developments.

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MAS' S$7.4 billion loss not related to investment performance

notes to the financial statements - Singapore Press Holdings

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MAS records loss of S$7.4 billion amid rise in Singapore dollar - CNA