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Economy

Singapore can be an Asian infrastructure finance hub

Island state's financing needs provide platform to develop project bond market

| Singapore
A high-speed rail symposium in Kuala Lumpur, Malaysia on May 3. (Photo by Nozomu Ogawa)

Credit is the financial oil that enables economies and commercial enterprises to operate smoothly. With the onslaught of new infrastructure projects coming on line across Asia the development of local capital markets has become of vital importance.

Two infrastructure projects in Singapore could trigger more capital markets activity -- the North-South Corridor, which will connect the north of the island to the city center via roads, cycling paths and walkways, and the Singapore-Kuala Lumpur High Speed Railway.

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