Reuters Newsmaker: Singapore Wealth Investment Week Sept 14
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REUTERS NEWSMAKER
WEALTH INVESTMENT WEEK – SINGAPORE
THURSDAY, SEPTEMBER 14, 2023
14.00-16.30 SGT | 06.00-08.30 GMT
Please join us for a Reuters Newsmaker featuring
Piyush Gupta Chief Executive DBS Group and
Jacqueline Poh Managing Director EDB.
Thursday, September 14 | 14.00-16.30 SGT | 06.00-08.30 GMT
Singapore is looking to extend its position as one of the world’s financial centres as the balance of global wealth continues to tilt toward Asia. However, competition for a slice of the pie is growing across the region as both businesses and societies shake off the long tail of the coronavirus pandemic.
In a special event, Reuters correspondents sit down with DBS Group’s Gupta and the Singapore’s Economic Development Board’s (EDB) Poh for a duo of in-depth interviews to discuss the opportunities and challenges on the horizon for city-state and the wider Asia region.
Singapore’s DBS Group, Southeast Asia’s largest bank by assets, is emerging as a top beneficiary from the recent seismic changes in the global wealth management industry. As regulatory changes and rising inflation weigh against high interest rates, DBS has delivered record-breaking earnings and Gupta is overseeing the $65 bln lender’s bold expansion beyond Singapore and Hong Kong, via stake purchases in Taiwan, India and China.
The EDB and Poh, meanwhile, have one mission: attract fresh investments to boost economic growth amid increasing competition around the region as global markets slow and the balance of wealth continues to tilt toward Asia. The financial hub is issuing visas for elite global talent, and aiming to attract high-tech manufacturing such as the $2 billion chips foundry recently opened by the Marvell founders, and entice the family offices of billionaires like James Dyson.
Agenda:
2-3pm SGT (6-7am GMT) – Piyush Gupta interview
3-3.15pm SGT (7-7.15am GMT) – Break
3.15-4.15pm SGT (7.15-8.15am GMT) – Jacqueline Poh interview