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Policy swings a key risk for Asian businesses under a Trump administration: DBS’ Tan Su Shan

But with this also comes opportunities related to intra-regional trade, the ‘China+1’ strategy, she adds

Tan Nai Lun

Tan Nai Lun

Published Thu, Nov 7, 2024 · 06:29 PM
    • Visitors at the Singapore FinTech Festival 2024. Speakers at one of the panels discussed opportunities for Asian financial services amid market volatility, the rise of GenAI, the increased focus on sustainability and the importance of fintech.
    • Visitors at the Singapore FinTech Festival 2024. Speakers at one of the panels discussed opportunities for Asian financial services amid market volatility, the rise of GenAI, the increased focus on sustainability and the importance of fintech. PHOTO: SINGAPORE EXPO

    ASIAN corporates will have to stay agile and be ready for policy swings that will likely come out of Donald Trump’s second US presidential term, said Tan Su Shan, deputy CEO of DBS.

    Business leaders in Asia have gotten used to big geopolitical upheavals in recent years, Tan added. But there will still be policy unknowns under the new Trump administration that are difficult to predict.

    “It behoves us as business leaders to remain agile, to be able to pivot quickly when things change overnight, and to be ready,” Tan said on Thursday (Nov 7), at a panel at the Singapore FinTech Festival 2024.

    Singapore fintechDBSUOBDonald TrumpInterest ratesESGGenerative AI

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