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The second edition of the Singapore Forum was held on 1-2 April 2016.

The theme for Singapore Forum 2016 was “Asia and the World – Shared Opportunity, Shared Prosperity”. It was attended by over 250 business and political leaders, and prominent thinkers. Mr Tharman Shanmugaratnam, Deputy Prime Minister and Coordinating Minister for Economic and Social Policies of the Republic of Singapore, delivered the dinner address at the welcome dinner on Friday, 1 April 2016. The one-day Forum on Saturday, 2 April 2016, covered two plenary sessions and two breakout sessions. We were honoured to have Mr Kassym-Jomart Tokayev, Chairman of the Senate of the Parliament, Republic of Kazakhstan, deliver the opening address on 2 April. Dr Narongchai Akrasanee, Chairman, MFC Asset Management Plc., former Minister of Energy and former Minister of Commerce, Thailand, spoke at the luncheon, and Mr Thomas Trikasih Lembong, Minister of Trade of the Republic of Indonesia, delivered the closing address the same day.

The objective of the Singapore Forum is to establish a Forum on Asia that is focused on geostrategic, politico-economic and governance issues that would have an impact on regional development and stability. The Forum is forward-looking and practical in its focus, giving policymakers and business leaders a neutral platform for frank sharing and exchange of views on the approaches, policies and strategies needed to deepen regional cooperation.

The Singapore Forum is organised and supported by the S Rajaratnam Endowment (SRE) that was set up by Temasek to honour Singapore’s first Foreign Minister and one of our pioneering leaders. The objective of the SRE is to achieve development, peace and stability in the region by deepening international friendships, promoting regional cooperation, and fostering a greater and common understanding of international rules, based on the twin pillars of good governance and sustainability.

Temasek Foundation Connects, a Singapore-based non-profit philanthropic organisation that funds and supports programmes which seek to build bridges and partnerships, and promote dialogue and mutual understanding across international communities and markets, provides oversight to the S Rajaratnam Endowment.

Past Events 2016

"The idea that the solutions lie in monetary policy is a real distraction from the true task of governments – to form a consensus on the priorities for the future, and to move on in tackling the structural issues to get there."

Tharman Shanmugaratnam
Deputy Prime Minister &
Coordinating Minister for Economic and Social Policies
Republic of Singapore

"For Central Asian states, it is vitally important to find ways to combine trade and economic strategies of the leading powers. The synergy... will enable the region to offer an efficient and balanced model of global economic development to the world."

Kassym-Jomart Tokayev
Chairman of the Senate of the Parliament
Republic of Kazakhstan

“One of the major challenges that the world economy is facing today is shrinking US dollar liquidity all around the world. The most natural solution for this retreating dollar liquidity would be an incoming rush of renminbi liquidity."

Thomas Trikasih Lembong
Minister of Trade
Republic of Indonesia

“I would like to push a particular scheme, what I call ASEAN Access – Internet access... I go anywhere in ASEAN, I want to be able to use my SIM and I want to subscribe to any SIM from anywhere, very much like the ASEAN Free Trade Agreement (AFTA)."

Dr Narongchai Akrasanee
Chairman, MFC Asset Managment Plc., Former Minister of Energy, Former Minister of Commerce, Thailand

“We believe, in the future, it is not ‘free’ trade that we are looking for, but ‘fair’ trade that we are seeking. Free trade [should] mean fair trade from global powers. We have to talk about global prosperity."

Muhammad Lutfi
Former Minister of Trade
Republic of Indonesia

"First, we need to take a differentiated approach to different technologies and their applications… Second, we need to adopt a risk-based approach to Fintech… Third and last, I think we need to actively promote the Fintech ecosystem..."

Ravi Menon
Managing Director
Monetary Authority of Singapore

“The East Asia Summit already brings together the ASEAN ten, and the key partners of this region... I would like to propose that they organise themselves to a Peace and Security Council of the East Asia Summit..."

Dr Raden Mohammad Marty Muliana Natalegawa
Former Minister for Foreign Affairs
Republic of Indonesia

“Chinese outbound investment is greater than inward investment... Tourism is also growing very fast. China last year has over 100 million people going to different countries; they spent US$160 billion, larger than Chinese outbound investment in the world."

Dr Wang Huiyao
President, Center for China and Globalization
Counsellor, State Council of the People’s Republic of China
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