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Top related persons:
Industry Gan Kim Yong - 2 China - 1 Fitch - 1 Gan - 1 Lawrence Wong - 1 Wong - 1 Tharman Shanmugaratnam - 1 Shanmugaratnam - 1
Top related locs:
Singapore China Monetary Authority of Singapore
Top related orgs:
Trade - 2 Industry - 2 Singapore Minister - 1 Moody's - 1 Monetary Authority of - 1 MAS - 1 Singapore's - 1 MAS Board - 1

Search resuls for: "Industry Gan Kim Yong"


2 mentions found


☆ China has strong fundamentals and should remain a focus for businesses, Singapore trade minister says
  + stars: | 2024-04-12 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +1 min
Businesses should continue to focus on China and explore opportunities to expand their presence in the world's second-largest economy, Singapore Minister for Trade and Industry Gan Kim Yong said Friday. China had briefly entered deflation territory late last year, and is still struggling with a debt-laden real estate sector. However, "if you take a deeper look, when I engaged the businesses and the people on the ground, I think the sense it gives me is that China's fundamentals are strong," Gan said on CNBC's "Squawk Box Asia." The country's investments in infrastructure will also put it in a good position to recover in the longer term, Gan added. "So I think in the meantime, in the immediate future, they will see headwinds, but I think in the longer term, the fundamentals remain strong."
Persons: Industry Gan Kim Yong, China, Fitch, Gan Organizations: Singapore Minister, Trade, Industry, Moody's Locations: China, Singapore
☆ Singapore names Deputy Prime Minister Lawrence Wong as chairman of the central bank
  + stars: | 2023-07-03 | by ( Jihye Lee | ) www.cnbc.com   time to read: +1 min
The Monetary Authority of Singapore, the city-state's financial regulator and central bank, has named Deputy Prime Minister Lawrence Wong as chairman of its board of directors effective July 8. Wong, who is the country's finance minister, will replace Tharman Shanmugaratnam, who held the role for 12 years since May 2011, the release said. Wong, who was deputy chairman of MAS since June 2021, will serve as chairman until May 31, 2026, according to the press release. He previously served as a member of the MAS Board from June 2011 to August 2016. Singapore's Minister for Trade and Industry Gan Kim Yong will be appointed deputy chairman of the MAS Board for the same period, from July 8 to May 31, 2026.
Persons: Lawrence Wong, Wong, Tharman Shanmugaratnam, Shanmugaratnam, Industry Gan Kim Yong Organizations: Monetary Authority of, MAS, Singapore's, Trade, Industry, MAS Board, CNBC Locations: Monetary Authority of Singapore, Singapore
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