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'Boring is not bad': CEO of Southeast Asia's largest bank pitches Singapore as a haven amid global turmoil

DBS Group CEO Tan Su Shan pitched Singapore at the DBS Asia Future Forward conference as a stable haven amid global turmoil from trade wars, El Niño weather, the Iran conflict and the Russia-Ukraine war, arguing that the city-state's predictability is a strength in volatile times. She cited Singapore's AAA-rated debt, political stability and central position in Asia, along with DBS's own top-tier credit rating, as reasons the bank can help clients diversify supply chains. Temasek, DBS's biggest shareholder, managed assets worth 518 billion Singapore dollars ($404 billion) as of March 31. On workforce strategy in the AI era, she said managers should hire for attitude, since it cannot be trained.

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