Press Releases - Category: Country
Displaying 1-7 of 7 results.
Tuesday, Jul 14, 2020
MARC has affirmed the Republic of Singapore’s (Singapore) foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The AAA rating reflects a number of strengths, including its dynamic and competitive economy which has the highest GDP per capita in the region. Singapore’s success as a global business and financial hub is underpinned by its sound macroec...

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Tuesday, Jun 11, 2019
MARC recommends affirming the Republic of Singapore’s (Singapore) foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The AAA rating reflects Singapore’s prudent economic management, robust external position, high fiscal discipline, as well as strong governance and institutions. Its credit strengths are, however, tempered by its susceptibility to...

This article has been viewed 279 times.
Tuesday, Jul 03, 2018
MARC has, based on its national rating scale, affirmed its public information foreign currency sovereign rating of AAA/stable on Singapore. The AAA rating reflects Singapore’s prudent macroeconomic management, strong fiscal and external positions, as well as credible governance and institutions. Its strengths are, however, moderated by its rapidly ageing population, which could pose challenges ...

This article has been viewed 410 times.
Tuesday, May 09, 2017
MARC has affirmed the Republic of Singapore’s foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The rating reflects MARC’s opinion of the sovereign’s ability to meet its foreign currency obligations in full and on time. The government of Singapore has no debt rated by MARC. The rating also serves as a country ceiling for ringgit-denominated d...

This article has been viewed 588 times.
Wednesday, May 11, 2016
MARC has affirmed the Republic of Singapore’s foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The rating reflects MARC’s opinion of the sovereign’s ability to meet its foreign currency obligations in full and on time. The government of Singapore has no debt rated by MARC. The rating also serves as a country ceiling for ringgit-denominated d...

This article has been viewed 591 times.
Wednesday, Aug 19, 2015
MARC has affirmed the Republic of Singapore’s foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The rating reflects MARC’s opinion of the sovereign’s ability to meet its foreign currency obligations in full and on time. The government of Singapore has no debt rated by MARC. The rating also serves as a country ceiling for ringgit-denominated de...

This article has been viewed 744 times.
Thursday, Oct 02, 2014
MARC has assigned a foreign currency sovereign rating of ‘AAA’ with a stable outlook to the Republic of Singapore (Singapore) based on the rating agency’s national rating scale. The government of Singapore (GoS) has no debt rated by MARC; the country ceiling applies to ringgit-denominated issuances by entities domiciled in Singapore to reflect the transfer and convertibility (T&a...

This article has been viewed 860 times.