Singapore’s government is investing heavily to become a global hub for finance, commodities and transportation. The spending includes $3 billion for Changi airport’s terminals and infrastructure and equity market reform to attract more capital. Singapore’s household assets could nearly double to $4 trillion by 2030 and the MSCI stock index is set to double in the next five years, according to Morgan Stanley.


Nick Lord, research director for the Asean research department at Morgan Stanley and who authored a report this year on the subject, says the equity market reforms are key to unlocking growth. He discusses the latest developments in the city state with John and Katia.

Singapore&rsquo;s government is investing heavily to become a global hub for finance, commodities and transportation. The spending includes $3 billion for Changi airport&rsquo;s terminals and infrastructure and equity market reform to attract more capital. Singapore&rsquo;s household assets could nearly double to $4 trillion by 2030 and the MSCI stock index is set to double in the next five years, according to Morgan Stanley.
 Nick Lord, research director for the Asean research department at Morgan Stanley and who authored a report this year on the subject, says the equity market reforms are key to unlocking growth. He discusses the latest developments in the city state with John and Katia.

Some of the world's largest and fastest-growing markets, economies and companies are in Asia. Every Thursday, John Lee from Bloomberg Intelligence and Katia Dmitrieva from Bloomberg News speak with experts and newsmakers about the big ideas and trends moving money across the region.

Some of the world's largest and fastest-growing markets, economies and companies are in Asia. Every Thursday, John Lee from Bloomberg Intelligence and Katia Dmitrieva from Bloomberg News speak with experts and newsmakers about the big ideas and trends moving money across the region.

Asia Centric by Bloomberg Intelligence

Grading Singapore’s Goal to Be No.1 Global Hub

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/51d4d00a-d3db-49ed-b576-b36b00606233/transcript

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