The Straits Times
5 big ideas from Singapore FinTech Festival
Deputy Prime Minister Heng Swee Keat speaking in a pre-recorded speech at the Singapore FinTech Festival and Singapore Week of Innovation and Technology on Dec 7, 2020.ST PHOTO: KEVIN LIM
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Welcome to the fifth edition of Singapore FinTech Festival and SWITCH.
More than 60,000 participants from over 130 countries have joined us in the world s first week-long-round-the-clock hybrid digital and physical event.
Let me also welcome participants of the Milken Institute Asia Summit joining us.
FinTech as a Force for Good
We are in the
midst of three global crises – a pandemic; a recession; and climate change.
Covid-19 has infected 67 million people and taken the lives of 1.5 million across the world.
The global economy has plunged into its worst recession since the Second World War.
One in five people in the world were affected by climate disasters in the last decade.