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.
Speaking at the Asia-Pacific Precious Metals Conference
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And hopefully, with this, it will keep Singapore's financial sector and fintech industries continue to be very competitive.
The government will do our part - supporting product innovation, supply chain resilience and enterprise transformation.
Not only is it a new industry, it is also evolving very rapidly with the emergence of AI and frontier technologies.
Singapore's investment in Indonesia remains strong in 2025 at about US$17.4 billion, and we remain committed to being a reliable partner.
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