Newshub - NUS' News Portal

Fostering greater exchange and cooperation among finance and banking professionals in Singapore and China

30 August 2010



WEE CHO YAW SINGAPORE-CHINA FINANCE AND BANKING FORUM: The establishment of the Forum was made possible by a S$3 million gift from Chairman of the United Overseas Bank Dr Wee Cho Yaw (in picture above) and his family


INAUGURAL LECTURE: The guest speaker is renowned Singapore architect-planner Dr Liu Thai Ker, who is also an Adjunct Professor at the Lee Kuan Yew School of Public Policy and School of Design and Environment at NUS
The NUS Global Asia Institute is launching the Wee Cho Yaw Singapore-China Finance and Banking Forum with two lectures in Beijing and Singapore. The establishment of the Forum was enabled by a S$3 million gift from Chairman of the United Overseas Bank Dr Wee Cho Yaw and his family. The donation is eligible for the dollar-for-dollar matching grant from Singapore's Ministry of Education, bringing the total funding to S$6 million.

The Forum aims to deepen understanding of the challenges and opportunities in banking and finance in Singapore and China. Besides public lectures, it may also fund a distinguished professorship, visiting professorships or fellowships, scholarships or research in finance and banking.

NUS President Prof Tan Chorh Chuan said: "We are very grateful to Dr Wee Cho Yaw for his generous gift and strong support for NUS and our Global Asia Institute. The launch of a Forum focusing on issues relating to finance and banking, areas that are critical to both Singapore and China, is a demonstration of Dr Wee's great foresight as a pre-eminent business leader."

"As Singapore and China celebrate 20 years of close ties, the Wee Cho Yaw Singapore-China Finance and Banking Forum will create a distinctive platform which fosters cooperation amongst banking and finance scholars and professionals in both countries. The gift will also contribute to the NUS Global Asia Institute's ability to pursue scholarship in these areas at a greater level of depth and breadth," Prof Tan added.

Dr Wee Cho Yaw, who had led Singapore's first trade mission to China in 1971, said: "In the early days, our bilateral relations were mainly confined to trade. In the last two decades, Singapore's economic ties with China have expanded into many other business sectors. I hope that the Forum will make significant contributions to closer ties and collaboration between the financial sectors of our two countries."

The inaugural lecture is held in Beijing on 30 August 2010 at the Grand Millennium Hotel, in conjunction with the celebration of the 20th anniversary of diplomatic relations between Singapore and China. It is attended by government officials, academics, NUS alumni and members of the Singapore Chamber of Commerce and Industry in China (SingCham).

Delivering the lecture on "Livelihood and Liveability – The Twin Mission of Urbanisation" is renowned Singapore architect-planner and Adjunct Professor at the Lee Kuan Yew School of Public Policy and School of Design and Environment at NUS, Dr Liu Thai Ker. He is speaking on the importance and impact of urban planning on the creation of a vibrant financial centre and a conducive living environment. He is also sharing his rich experience not only from the perspective of the physical development of Singapore since independence but also insights gained as a consultant to countries and cities in Asia.



top