Singapore's Mun on building human capital

In the speech 'Building human capital for the new world and beyond' given on 13 July, Low Kwok Mun of the Monetary Authority of Singapore said the relatively good overall performance of the insurance industry in 2004 could be partly attributed to the strong recovery of the Singapore economy.

"Prospects for the industry remain positive with an increasing interest in medical insurance, and a growing demand for insurance services by the SME and property sectors. The low insurance penetration rate

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