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Duke Heng say we CAN be a trusted node for technology De woh... Why hah?

k1976

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Singapore can be a trusted node for technology and innovation: DPM Heng​

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DPM Heng Swee Keat (fourth from left) witnessed the launch of the Protege Ventures Fund 2 at the 11th Lee Kuan Yew Global Business Plan Competition. PHOTO: LIANHE ZAOBAO
Timothy Goh
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SINGAPORE – Singapore can be a trusted node for science, technology and innovation amid global challenges, and its nimble regulatory environment allows innovators to develop prototypes quickly, said Deputy Prime Minister Heng Swee Keat on Monday.

“Singapore is a little city and this allows us to prototype solutions faster than many other places. We have one single layer of government – if you need regulatory approval, it can be done quickly,” he said during a fireside chat on South-east Asia’s start-up ecosystem at the 11th Lee Kuan Yew Global Business Plan Competition (LKYGBPC).

He added that Singapore can be a place where the best talents around the world gather to do research and foster innovation and entrepreneurship.
 

k1976

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Why need to be a technogy center when we are already world best financial center neh?
 

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In uncertain world, S'pore can continue to be reliable, trusted node: DPM Wong​

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DPM Lawrence Wong said Singapore can continue to be a bastion for stability, opportunities and innovation, and a reliable and trusted node in the global order. ST PHOTO: GIN TAY
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Lim Min Zhang
Assistant News Editor

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SEP 26, 2022, 11:55 PM SGT

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SINGAPORE - The world is entering a new era marked by greater geopolitical contestation, where geopolitics will drive more economics, trade and investment decisions, said Deputy Prime Minister Lawrence Wong.

It is not just about the invasion in Ukraine and the disruptions this has caused to energy and food supplies, but also about the broader and worsening US-China relationship, said Mr Wong at a conference with business leaders on Monday.

Despite these challenging times, Singapore can continue to be a bastion for stability, opportunities and innovation, and a reliable and trusted node in the global order, he added.
 

k1976

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https://www.straitstimes.com/busine...y-of-singapore-as-a-financial-centre-dpm-heng


Singapore’s recent crackdown on a money laundering case involving more than $1.8 billion in assets is a testament to the integrity of Singapore as a financial centre, said Deputy Prime Minister Heng Swee Keat.

Singapore’s ability to channel funds flows into productive purposes is critical to the success of the country as a financial centre.

Speaking at the 2023 Forbes Global CEO Conference in Singapore on Monday, Mr Heng said that if funds are channelled into “unproductive or clever manufacturing”, the financial system would collapse. Hence, it is crucial to stay vigilant on money laundering and terror financing.
 

k1976

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We want Singapore to be a financial centre that people can trust,” he said, noting that many wealthy individuals are using Singapore as a base to do their philanthropic work and charities.

The probe came to light in August when the police arrested 10 foreigners – nine men and one woman, aged between 31 and 44 – following an islandwide raid. The suspects are believed to originate from China.

Mr Heng, who is also Coordinating Minister for Economic Policies, also touched on Mr Tharman Shanmugaratnam’s big win in Singapore’s recent presidential election where he scored 70.4 per cent of the vote.
 

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Crackdown on money laundering a testament to integrity of Singapore as a financial centre: DPM Heng​

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DPM Heng Swee Keat speaking with moderator Justin Doebele at a dialogue session during the Forbes Global CEO Conference at Shangri-La Singapore on Sept 11. ST PHOTO: GIN TAY
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Angela Tan
Senior Correspondent
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18 MINS AGO

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SINGAPORE - Singapore’s recent crackdown on a money laundering case involving more than $1.8 billion in assets is a testament to the integrity of Singapore as a financial centre, said Deputy Prime Minister Heng Swee Keat.
Singapore’s ability to channel funds flows into productive purposes is critical to the success of the country as a financial centre.
Speaking at the 2023 Forbes Global CEO Conference in Singapore on Monday, Mr Heng said that if funds are channelled into “unproductive or clever manufacturing”, the financial system would collapse. Hence, it is crucial to stay vigilant on money laundering and terror financing.

“We want Singapore to be a financial centre that people can trust,” he said, noting that many wealthy individuals are using Singapore as a base to do their philanthropic work and charities.
The probe came to light in August when the police arrested 10 foreigners – nine men and one woman, aged between 31 and 44 – following an islandwide raid. The suspects are believed to originate from China.
Mr Heng, who is also Coordinating Minister for Economic Policies, also touched on Mr Tharman Shanmugaratnam’s big win in Singapore’s recent presidential election where he scored 70.4 per cent of the vote.


He said that the result is a “great sign” that the electorate is a discriminating one, and that it reflected citizens’ growing understanding of the role of the president, the importance of having a second key in safeguarding the country’s reserves, and in keeping Singapore corruption-free.

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Rather than an endorsement of the ruling People’s Action Party, Mr Heng said citizens recognised that Mr Tharman, a former senior minister, had been a key member of the Cabinet, and were satisfied with how the party had helped the nation emerge stronger after the Covid-19 pandemic.
While he sees Mr Tharman’s win as a positive sign, Mr Heng said it might be too early to draw a conclusion that Singapore is ready for a non-Chinese prime minister.
“Will we ever have a non-Chinese as a prime minister? It will come one day because the Singapore society is maturing,” Mr Heng said, noting that it was former prime minister Lee Kuan Yew’s legacy to build a multiracial society.
 

eatshitndie

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he meant “thrusted node”. kena penetrated and thrusted by scammers and money launderers left, right, center.
 
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