Gan Kim Yong

I think as we get better, Hong Kong and other financial centres will also get better.

Not only is it a new industry, it is also evolving very rapidly with the emergence of AI and frontier technologies.

Taken together, these efforts will help our financial institutions, fintech firms, and workers innovate, scale, and build the capabilities to seize the emerging opportunities.

The pilot will be expanded to cover more in-store and online outlets, and a wider range of grocery items later this year.

The government initiated the unit pricing pilot across major supermarkets in September 2025 and has received positive feedback that unit pricing has been useful in helping consumers compare prices across different brands and package sizes.

The government will do our part - supporting product innovation, supply chain resilience and enterprise transformation.

To the suppliers here, I also encourage you to pursue productivity enhancements for your own operations.

Our initiatives will broaden Singapore’s marketplace, so that institutions and companies can manage investments for the long term, preserve value, and transact with confidence.

Asia’s demand for financial services is growing ... At the same time, global fragmentation and uncertainty are raising the premium on safe, trusted and credible venues for intermediation.

This strengthens Singapore’s proposition as a jurisdiction where reserve assets can be securely held, actively managed, and connected to wider market liquidity during Asian trading hours.

Singapore's investment in Indonesia remains strong in 2025 at about US$17.4 billion, and we remain committed to being a reliable partner.