13 May 15 | The Business Times by CLAIRE HUANG
INTERNATIONAL financial centres outside Asia such as London, with the enormous breadth of their markets, depth of financial expertise and connectivity with other financial centres, stand to gain from the rise of Asia, said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS).He added that London and Singapore can complement each other by collaborating on providing insurance...
13 May 15 | The Straits Times by GRACE LEONG
SINGAPORE has the potential to become an Asian insurance hub, according to Monetary Authority of Singapore managing director Ravi Menon yesterday.
Mr Menon told the Insurance Institute in London that there is a large protection gap in this region, given that Asia is getting richer, older and becoming more aware of catastrophic risk.
"For a long time, insurance growth lagged economic growth in...
07 May 15 | The Straits Times
DUTCH financial firm Rabobank officially opened its new Singapore office at South Beach Tower yesterday.
The 30,000 sq ft facility in Beach Road is the firm's regional product and service hub for Singapore, Malaysia, the Philippines, Thailand and Vietnam and replaces its former premises in Robinson Road.
Rabobank, which operates in about 40 countries targeting mainly agriculture and commodities...