'Boring is not bad': CEO of Southeast Asia's largest bank pitches Singapore as a haven amid global turmoil

Singapore is a bastion of safety amid global turmoil, according to the CEO of DBS.

'Boring is not bad': CEO of Southeast Asia's largest bank pitches Singapore as a haven amid global turmoil

TL;DR

  • Singapore is presented as a stable haven for investors amidst global turmoil.
  • DBS CEO Tan Su Shan describes Singapore's predictability as a strength in volatile times.
  • The city-state's AAA rating, stable politics, and central Asian position contribute to its appeal.
  • DBS mirrors this stability with a strong credit rating and support from its largest shareholder, Temasek.
  • DBS offers assistance to businesses looking to diversify supply chains due to geopolitical concerns.
  • Tan advocates for hiring employees based on attitude, citing its importance in navigating technological advancements.