COLUMN: SINGAPORE- Speaking Of Asia: Asia faces three tsunamis and it can look to Singapore’s Budget for pointers

Finance Minister Heng Swee Keat’s Budget statement offers useful pointers for others in the region on meeting the challenges posed by the forces of change

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A decade ago as the Global Financial Crisis raged and Mr Heng Swee Keat was managing director of the Monetary Authority of Singapore, the country’s central bank, I wrote in these columns that Mr Heng performed a dual role: watchdog and watch tower for the local economy.

The watchdog kept a weather eye on what happened inside the nation’s banks and businesses; the watch tower had its attention on the near and far horizons.

TO READ THE FULL ARTICLE:
https://www.straitstimes.com/opinion/speaking-of-asia-asia-and-the-three-tsunamis
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Ravi Velloor

 A 35-year veteran of the trade, he has reported from across Asia, and the US. Formerly Foreign Editor and South Asia Bureau Chief of ST, he is as much at ease with global business and macro-economic issues as he is with diplomacy and international politics. A Jefferson Fellow, Ravi previously worked with Bloomberg News, Time Warner magazines and Agence France-Presse.

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