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.
Discussing Singapore's financial services initiatives
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Singapore's investment in Indonesia remains strong in 2025 at about US$17.4 billion, and we remain committed to being a reliable partner.
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.
To the suppliers here, I also encourage you to pursue productivity enhancements for your own operations.
The pilot will be expanded to cover more in-store and online outlets, and a wider range of grocery items later this year.
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