singapore-mas-head-heralds-japans-return

Singapore MAS head heralds Japan's return

MAS's Heng sees Japanese trade and investments in Asia extending to new markets and moving up the value chain.

Anette Jönsson

July 13, 2006

After slowing in the 1990s, JapanÆs involvement in the Asian region has been picking up again over the past four to five years and is now about to enter a new phase of deeper and broader partnership that will mean more opportunities for investment and growth, according to the head of the Monetary Authority of Singapore.

This new phase, which comes as Japan is growing at one of its fastest rates in more than a decade, will be driven by the private sector but will be facilitated by governments in the region, MAS Managing Director Heng Swee Keat said in a speech yesterday at an Asia Equity Forum arranged by Nomura.

ôAs trade and investment...

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