bin picking – Singapore poised to aid Asian development
SINGAPORE — Singapore is positioned to support the region’s development by financing infrastructure and enterprise in Asia, including bringing in private capital, according to Finance Minister Heng Swee Keat.
The country’s adoption of digital technology can improve transaction efficiency and raise financial inclusion, he added, calling higher access to financial services “a key priority under our Asean chairmanship”.
But Mr Heng told DBS’ Asian Insights Conference that “proper risk management” is also needed in the light of the Asian and global financial crises of the past two decades.
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