Singapore Finance Minister Heng Swee Keat visits AMTD House, hoping AMTD can help to promote economic and technologic cooperation between Hong Kong, Singapore and Southeast Asia

On 22nd January, during the annual meeting of the World Economic Forum in Davos, Singapore Finance Minister Heng Swee Keat visited AMTD House and was warmly welcomed by Calvin Choi, Chairman and President of AMTD Group and thesenior management team. He hoped that AMTD can help to promote economic and technologic cooperation between Hong Kong, Singapore and Southeast Asia. He is a Singaporean politician, the core member of the 4th leading team. He served as the Principal Private Secretary to former Prime Minister Lee Kuan Yew, the Managing Director of the Monetary Authority of Singapore (MAS) and the Minister for Education previously. Since 2015, he has been serving as the Minister for Finance and appointed as the first assistant secretary-general of the People’s Action Party since November 2018.

Heng Swee Keat, Finance Minister of Singapore and Calvin Choi, Chairman and President of AMTD Group

Heng Swee Keat tasted special local Hong Kong foods at AMTD House

Heng Swee Keat and AMTD senior management team

Calvin Choi introduced the development of AMTD Group to Heng Swee Keat, especially the effort of the establishment of the Greater Bay Young Entrepreneurs Association that led by AMTD Group, the strategic cooperation alliance “Regional Banks +” that jointly launched with the leading regional banks in China, and the cooperation with International Finance Corporation (IFC) to promote green finance and inclusive finance. Heng Swee Keat highly appreciated and thanked AMTD Group for its contribution to promote the economic and technological development of Singapore in recent years. Also, he exchanged the opinions with Calvin Choi on the topics of how to develop innovative economy and FinTech better in Singapore, and promote exchange and cooperation between corporations in Singapore, Hong Kong and the Mainland China. Heng Swee Keat hopes that AMTD can act as the new representative of Hong Kong financial institution, continue to expand the development layout in Singapore and the entire ASEAN region, contribute to the promotion of China-Singapore economic and trade cooperation and exchanges, and promote Singapore’s FinTech and innovation economy.

Heng Swee Keat and Calvin Choi had a cordial opinion exchange

AMTD is always committed to developing and deepening the strategic development layout in Singapore and the entire ASEAN region. Previously, AMTD has already jointly hosted the largest and the most influential FinTech event “Singapore FinTech Festival” with Monetary Authority of Singapore (MAS) for two consecutive years to promote FinTech innovative development in Singapore. AMTD also established a deep cooperative relationship with the Singapore Exchange and has conducted many discussions on the innovative development of the ASEAN capital markets and the business opportunities in China. In November 2018, AMTD announced to jointly invest A-round financing in AwanTunai, the leading FinTech platform in Indonesia with Insignia Ventures Partners, the leading venture capital investment company in Southeast Asia, to promote the coordinated development of FinTech in ASEAN.

Calvin Choi and Tharman Shanmugaratnam, the Deputy Prime Minister of Singapore

AMTD jointly hosted the “Singapore FinTech Festival “with MAS for two consecutive years. Calvin Choi, Bill Winters, Group Chief Executive Officer of Standard Chartered Bank and Carlos Torres Vila, Group Executive Chairman of BBVA attended the plenary meeting together during the SFF

AMTD jointly hosted “Fintech & Digital Innovation: Connecting Hong Kong and ASEAN Markets”, Roy Teo, Executive Director of Financial Centre Development Department and FinTech & Innovation Group of MAS attended and gave opening remarks

Calvin Choi was invited to attend the 10th anniversary celebration ceremony of SGX Beijing Representative Office and panel discussion on topic of connecting China’s Innovation Wave to ASEAN’s Financial Revolution

AMTD jointly hosted “Asia Capital Markets Perspective” with SGX, Simon Lim, Senior Vice President and Head of Equity Capital Markets at SGX who shared the latest trends of capital markets

AMTD announced to jointly invest A-round financing in AwanTunai, the leading FinTech platform in Indonesia with Insignia Ventures Partners, the leading venture capital investment company in Southeast Asia. Both parties signed the strategic cooperation agreement.