This book would be a good read for individuals who are interested in Singapore's financial industry. It explains the operations of different types of financial institutions in Singapore, the financial markets and the roles of government institutions. It also includes updated information on financial reforms which makes the book a useful resource for those interested in keeping up with the latest trends and developments in the Singaporean banking industry.

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This book discusses the operations of various types of financial institutions operating in Singapore. These include the full-license, restricted-license and offshore banks, merchant banks, money broking firms, finance companies, insurance and reinsurance companies. The author analyzes the activities in the financial markets which comprise the capital market, the money market, the Asian Dollar Market, the Asian Bond Market, the stock market, the financial futures market, the gold market and the foreign exchange market. The roles of the Monetary Authority of Singapore, the DBS Bank, the POS Bank, the Central Provident Fund and other government institutions are examined and the latest developments in the financial futures market, Singapore Commodities Market (SICOM), Simex, SESDAQ and the Central Provident Fund are also included. The tenth edition includes financial reforms in Singapore and the latest liberalization plan for the banking industry.

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