Political Quotes

Gan Kim Yong: “Not only is it a new industry, it is also evolving very rapidly with the emergence of AI and frontier technologies.”

On the recordAugust 31, 2026
Not only is it a new industry, it is also evolving very rapidly with the emergence of AI and frontier technologies.
Said by
Gan Kim Yong
People's Action Party

Editor's note · Context

On the rapid evolution of the fintech industry.

Share

More from Gan Kim Yong

Jun 15, 2026

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.

channelnewsasia.com
Jul 13, 2026

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.

channelnewsasia.com
Jul 13, 2026

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

channelnewsasia.com
Aug 31, 2026

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

channelnewsasia.com

Other voices in this conversation