THE MONETARY Authority of Singapore (MAS) has decided to release further information on its monetary operations without compromising its effectiveness, it said on Wednesday, as it also announced the transfer of $45 billion from the official foreign reserves (OFR) to GIC for longer-term investment.

THE PHILIPPINES’ monetary authority yesterday took the first small step towards its stated goal of freeing up more cash from banks’ vaults, which was seen to help fund the growing Philippine economy.