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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Singapore's investment in Indonesia remains strong in 2025 at about US$17.4 billion, and we remain committed to being a reliable partner.
The pilot will be expanded to cover more in-store and online outlets, and a wider range of grocery items later this year.
To the suppliers here, I also encourage you to pursue productivity enhancements for your own operations.
The government will do our part - supporting product innovation, supply chain resilience and enterprise transformation.
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