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It is working to make Singapore a viable place for Asian firms to issue bonds. The Monetary Authority of Singapore (MAS) is actively working with the industry to deepen the financing ecosystem for regional and local firms, the central bank managing director Ravi Menon said. In a speech during the presentation of the MAS annual report, Menon said the central bank is doing this in three ways. First, MAS is working to strengthen the venture capital and private equity financing ecosystem to serve Asian growth companies.
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Source: Singapore Business Review