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Apr 30, 1999

Retrench, reform, relaunch

Singapore's financial reforms are beginning to bite

Singapore has not had much to shout about in terms of Asia's financial crisis. Sure, with a more robust economy it's weathered the storm a little better than its neighbors. But sitting bang in the middle of a region that has been decimated by collapsing currencies, debt recalls and vanishing investors has not done much for the good times on Orchard Road. Still, one thing it has provided is a prod in the direction of financial services sector reform. And IR is being swept along with the tide. Although

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