We’ve tended to become a nanny state: Piyush Gupta on balancing trust, innovation in finance | Q&A

Video Description

Mr Piyush Gupta, IPS’ 17th S R Nathan Fellow and former CEO and Director of DBS Group, answered questions following his lecture titled “Balancing Stability, Trust and Innovation” on Oct 13. He shared his views on Singapore as a financial centre, its public sector model and how to build trust with its neighbouring countries. Read more: https://bt.sg/nCX9 Key Timestamps 0:00 Introduction 2:22 Singapore is a “unique financial centre” 3:45 How Singapore competes, compares with the West 8:46 Challenges of developing infrastructure 11:17 How to solve the pricing problem 16:23 “The fear of failure” 18:44 Hopes and fears for Singapore's future 20:42 Singapore's “unusual public sector model” 24:00 “We’ve tended to become a nanny state” 26:02 On crypto, stablecoins and the need to bank with the Gen Zs 27:47 “We succeed if the neighbourhood succeeds” Support us: https://subscribe.sph.com.sg/publications-bt/ Follow us on: Website: https://businesstimes.com.sg/ Facebook: https://facebook.com/thebusinesstimes Twitter: https://twitter.com/BusinessTimes Instagram: https://instagram.com/businesstimessg/ LinkedIn: https://www.linkedin.com/company/the-business-times