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Deliberate, careful action needed
Sun, Oct 26, 2008
The Straits Times

By Ravi Velloor

FROM his 29th floor office, Monetary Authority of Singapore (MAS) managing director Heng Swee Kiat's view stretches over the harbour that made this island the entrepot centre connecting Asia and the wider world.

The MAS tower's other side looks out on the financial district that has drawn investment bankers, fund managers and other experts who smoothen the global flow of money, their presence contributing a steadily rising share to national wealth.

As a regulator and central bank, MAS has to be both watchdog for the financial industry and watchtower for the larger economy.

Read Ravi Velloor's full story in tomorrow's edition of The Sunday Times.


For more The Straits Times stories, click here.

 

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