Market-based funding growing in South-east Asia, says MAS chairman


Tharman Shanmugaratnam, chairman of the Monetary Authority of Singapore, today (October 25) said South-east Asia is increasingly muscling in on the market for investment.

Shanmugaratnam pointed to the growth of non-bank financing such as private equity in Asia, and said the prospects for non-bank capital financing are stronger than those for traditional bank financing.

He added that international investors are increasingly interested in diversifying beyond greater China and India than they were

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