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Gallery on the Monetary Authority of Singapore launched

SINGAPORE — The Monetary Authority of Singapore (MAS) Gallery, which aims to educate visitors on the many roles of the central bank in the Republic’s economy and financial sector, was opened today (Feb 16).

Left to right: Mr Lee Ek Tieng, MD MAS from Nov 1989 to Dec 1997, Mr Michael Wong, MD MAS from Dec 1970 to Feb 1981, Mr Tharman Shanmugaratnam, DPM and chairman of MAS, ESM Goh Chok Tong, Mr JY Pillay, MD MAS from Apr 1985 to Oct 1989, and Mr Ravi Menon, present managing director of MAS, officially launching The MAS Gallery. Photo: Robin Choo/TODAY

Left to right: Mr Lee Ek Tieng, MD MAS from Nov 1989 to Dec 1997, Mr Michael Wong, MD MAS from Dec 1970 to Feb 1981, Mr Tharman Shanmugaratnam, DPM and chairman of MAS, ESM Goh Chok Tong, Mr JY Pillay, MD MAS from Apr 1985 to Oct 1989, and Mr Ravi Menon, present managing director of MAS, officially launching The MAS Gallery. Photo: Robin Choo/TODAY

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SINGAPORE — The Monetary Authority of Singapore (MAS) Gallery, which aims to educate visitors on the many roles of the central bank in the Republic’s economy and financial sector, was opened today (Feb 16).

It was launched by Deputy Prime Minister and MAS Chairman Tharman Shanmugaratnam. Speaking at the launch event, Mr Tharman paid tribute to pioneer management and staff who helped lay the foundations of credibility on which the central bank is built.

He added that credibility is one of the most important assets for a central bank and this has helped the MAS develop Singapore into a leading financial centre.

The gallery is comprised of two sections: Insights@MAS and Reflections@MAS. Insights@MAS will provide an overview of the functions of MAS, including how MAS manages official foreign reserves and supervises the financial sector.

Reflections@MAS focuses on MAS as an organisation, and highlights the central bank’s mission and values.
Admission to the MAS Gallery is free and self-guided. CHANNEL NEWSASIA

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