We should position Singapore’s economy as a trusted, neutral node’: DPM Heng
DPM Heng Swee Keat (left) and ABS chairman and DBS' Piyush Gupta, in a fireside chat at the 51st Association of Banks in Singapore (ABS) Annual Dinner on June 28, 2024. ST PHOTO: CHONG JUN LIANG
Timothy Goh
UPDATED
JUN 29, 2024, 12:00 AM
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SINGAPORE – Singapore should position itself as a trusted and neutral node for technology, innovation and enterprise, said Deputy Prime Minister Heng Swee Keat on June 28.
“If you look at the International Monetary Fund and World Bank’s projections of global growth over the next five years, Asia will lead the world in terms of gross domestic product growth. There are a lot of opportunities in Asia, and we are in the heart of Asia, so we should think hard about this,” he said.
DPM Heng was speaking at a fireside chat moderated by DBS Bank chief executive Piyush Gupta during the 51st anniversary of the Association of Banks in Singapore (ABS).