‘We should position Singapore’s economy as a trusted, neutral node’: DPM Heng

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DPM Heng added that it is important for the industry to have a “strong linkage” to the real economy.

DPM Heng Swee Keat and ABS chairman and DBS' Piyush Gupta, in a fireside chat at the 51st Association of Banks in Singapore Annual Dinner on June 28, 2024.

DPM Heng was speaking at a fireside chat moderated by DBS Bank chief executive Piyush Gupta during the 51st anniversary of the Association of Banks in Singapore . He said: “We have articulated very clearly to the Americans, the Chinese, and the rest of the world that we don’t want to take sides; we want to be able to work with both sides.”

 

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