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UBS Launches Inaugural Asian Investment Conference Singapore Wealth Edition

UBS launched its inaugural Asian Investment Conference (AIC) Singapore Wealth Edition on May 22 at Capella Singapore, attracting over 1,000 participants, including family offices and ultra-high net worth individuals. The event featured prominent speakers such as former US President Bill Clinton and Singapore's Deputy Prime Minister Gan Kim Yong, discussing strategies for navigating current global market conditions. The AIC will continue with its Hong Kong leg from May 27 to 30.

coal transition commission calls for urgent investment to phase out coal plants

A French-Indonesian initiative aims to accelerate the closure of coal plants, highlighting the potential for private finance to play a crucial role in reducing emissions. The Coal Transition Commission advocates for relaxed sustainability criteria and innovative financing solutions, including blended finance and carbon credits, to support this transition. However, skepticism remains regarding the effectiveness of carbon markets and certain technologies proposed for emissions reduction.

singapore fintech network launched with ravi menon as chairman

Ravi Menon, the former head of the Monetary Authority of Singapore, is leading a new financial and technology network aimed at raising funds for startups. He will serve as chairman, while Sopnendu Mohanty, the current chief fintech officer, will take on the role of chief executive starting in February.

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