MAS chairman's dual role to stay

Singapore's Second Finance Minister Lim Hng Kiang said this week that there is no immediate need to change the status quo for Deputy Prime Minister and Finance Minister Lee Hsien Loong's concurrent role as the Monetary Authority of Singapore's chairman.

Mr Lim was responding to Nominated Member of Parliament Steve Chia's question on whether the government would adopt the recommendation by both the International Monetary Fund and the World Bank that the central bank chairman should not have mul