group photo atSKB book launch

Launch of the biography "Sim Kee Boon: The Businessman Bureaucrat"

23 September 2022

"Sim Kee Boon: The Businessman Bureaucrat" was launched by Minister for Education and Minister-in-charge of the Public Service, Mr Chan Chun Sing. This biography is more than the story of the pioneer generation leader after which our institute was named. It is a primer of the principles and values that he lived out in his successful career.

Mr Sim successfully bridged public service and the business world throughout his career, and in doing so played an instrumental role in Singapore’s development. His contributions brought great successes to Changi Airport, Tanah Merah Country Club, Keppel Corporation and more. The institute honour the man by continuing his legacy, seeking to improve the society within which it exists.

MAIA awards 2022

The Money Awareness and Inclusion Awards (MAIAs)

31 May 2022

The Money Awareness and Inclusion Awards – the MAIAs – celebrate the increasingly important work being done to help people understand money better, and benefit from the financial system. Hosted by award-winning broadcast journalist Juliette Foster, the inagural award ceremony celebrated the best financial education projects from across the globe, as reviewed by an expert panel of judges including SKBI Director, Dave Fernandez. 

Financial Literacy, Inclusion, and Technology (FNCE316)

Financial Literacy, Inclusion, and Technology (FNCE316)

6 April 2022

Designed to be an experiential learning opportunity, FNCE316 not only teaches undergraduates the basic concepts underlying personal financial literacy, but also how to translate such classroom knowledge into practical solutions for real organizations at the forefront of financial innovation. This is the first module of its kind to be offered at a local university, and is taught by SKBI Director, Prof Dave Fernandez and SKBI Visiting Faculty, Prof Joanne Yoong.

During the final class, students presented their FinTech-focused financial literacy/inclusion project, in the presence of representatives from Project Champions - Endowus, Grab, MoneySense, Sea and SGX Group.

SGFC Climate Risk Academy

SGFC Climate Risk Academy

29 March - 1 April 2022

This executive education programme is designed to challenge experienced finance leaders to think critically and creatively about climate risks and opportunities. Delivered over four days, the programme features highly impactful, personalised and immersive workshops, group exercises and networking events. The inagural run of this programme was held exclusively for the founding financial partners of the Singapore Green Finance Centre.

ABFER-ABS Industry Outreach Panel: "The Impact of Fin-tech Revolution, Digitalisation and Digital Currencies on the Financial System"

ABFER-ABS Industry Outreach Panel: "The Impact of Fin-tech Revolution, Digitalisation and Digital Currencies on the Financial System"

24 February 2022

Digitisation and related innovations, such as Data Analytics, DLT, cryptocurrencies, CBDC (e.g., PBOC) significantly affect financial intermediation and the overall financial eco-system. For example, digitisation revolutionizes payment approaches and credit allocations. Both private sector players and governments are competing and forming new partnerships. With these imminent momentous changes, there will be fundamental shifts in business models, strategic thinking, and our financial system's characteristics. We want to benefit from the experience, insights, and wisdom of industry leaders, policymakers, and academics on these important topics.

Prof Dave Fernandez, SKBI Director, was one of the panelist at this event.

MOU Exchange at the Launch of Women in Sustainability & Environment (WISE)

MOU Exchange at the Launch of Women in Sustainability & Environment (WISE)

18 November 2021

WISE Singapore - Women in Sustainability and Environment was launched on 18 November 2021, with Singapore Management University as its knowledge partner. WISE is the first women’s society in Singapore formed to focus concerted gender action towards Singapore’s Green Plan 2030 and United Nations’ Sustainable Development Goals. 

At the launch event, the signing of a memorandum of understanding between WISE and SMU was announced. SMU would support WISE in curating knowledge and programmes around sustainability, as well as being involved in the selection criteria for the WISE Sustainability Awards.

Visit the WISE Knowledge Hub curated by SMU: https://skbi.smu.edu.sg/wise.

Asia Pacific Financial Education Institute 2021

Asia Pacific Financial Education Institute 2021

15 - 17 November 2021

Asia Pacific Financial Education Institute (APFEI) is a forum for presentation and discussion of financial education research. It aims to promote excellent work in the field of Financial Education, foster research that can inform policy, and identify effective financial education programs, with a particular emphasis on Asia. The research committee for the APFEI consists of Dave Fernandez (Singapore Management University), Annamaria Lusardi (George Washington University), Alberto Rossi (Georgetown University), and Michael Staten (University of Arizona).

This year, the 11th Annual SKBI Conference is held in partnership with APFEI and spotlights the topic of financial education.

Climate Governance Singapore Launch

Climate Governance Singapore Launch

28 October 2021

Climate Governance Singapore, the Singapore chapter of the Climate Governance Initiative, was officially launched by Guest-of-Honour, Ms Grace Fu, Minister for Sustainability and the Environment, and attended by World Economic Forum representatives, and boards of directors in Singapore and globally. The Climate Governance Initiative is an expanding network with 15 established chapters globally, including in the UK, US, Canada, France, Australia and Malaysia. These chapters promote the World Economic Forum’s Climate Governance Principles and support effective climate governance in their jurisdictions.

Visit the CGS Knowledge Hub curated by SMU: https://skbi.smu.edu.sg/cgs.

World Expo 2020 - reimagining business in the green economy

World Expo 2020: Reimagining Business in the Green Economy

6 October 2021

Singapore Business Series is a monthly business-social dialogue that brings researchers, experts, professionals and enterprises together to unlock business opportunities. Thematically aligned to Expo 2020’s thematic weeks, the hybrid events delve into the latest trends, innovation and technology. To address the challenges of climate change, how can businesses make more sustainable decisions, and become part of the solution through driving innovation?

This session features Prof Hao Liang (Management Committee Member, SGFC) and Dr Rajiv B Lall (Professorial Research Fellow, SKBI) among fellow experts and thought leaders in this space. The panel discussion is moderated by Chia Su-Yen, former Head of Government Affairs & Deputy CEO of EuroClear Bank.

SKBI & SGFC presents: Panel Discussions on ESG Measurements & Standards

SKBI & SGFC presents: Panel Discussions on ESG Measurements & Standards

31 August 2021

With the growth of sustainable, responsible, and impact (SRI) investing, the measurement and assessment of environmental, social, and governance (ESG) impacts of investment is becoming an imperative issue. Numerous concerns have been raised over the reliability of existing ESG ratings, including the incomparability between different ESG metrics, biases and inconsistencies in rating construction, and low correlations between different ratings. This calls for greater standardization of ESG information disclosure and impact measurement, as well as properly valuing impact, not just in its natural unit but also in monetary terms.

The Sim Kee Boon Institute (SKBI) and Singapore Green Finance Centre (SGFC) presented a live webinar on ESG Measurements and Standards on 31 August 2021. It was held as a side event of the 4th Annual Global Research Alliance for Sustainable Finance & Investment (GRASFI) Conference. The session covered two main topics: (1) divergence and convergence of different ESG ratings, and (2) how measurements can move beyond ratings towards an impact-weighted account.

We were honoured to have the following esteemed speakers at our event.

Industry panel on recent development of impact measurement

  • Moderator: Dave Fernandez, Professor of Finance (Practice), SMU; Director, SKBI; Co-Director, SGFC
  • Panellists:
    1. Dave Chen, CEO/Chairman, Equilibrium; Adjunct Professor of Finance, Northwestern University - Kellogg School of Management
    2. Adrian De Groot Ruiz, Executive Director, Impact Institute
    3. Wong Dan Chi, Head of ESG Integration, APAC, Schroders; Adjunct Faculty, Singapore Management University

Research and policy panel on measurements and standards

 

Fireside Chat: Transforming Business with Climate Related Data Integration

Fireside Chat: Transforming Business with Climate Related Data Integration

28 May 2021

Speaking at the final day of the S&P Global's inaugural Sustainable1 conference, SKBI Director, Dave Fernandez, encouraged the audience to embrace the change towards sustainability. Although it might be hard for Asia to achieve net zero targets in the same timeline as OECD countries, this does not mean nothing should be done now. Targets and goals need to be set, even if it is for 2050 or beyond. Everyone can play their part in embracing this change; be it governments who set the targets, Asian firms who can lead in this area or the workforce who can be educated and informed about green issues.

Inflation and Cost of Living in Singapore & Asia

Inflation and Cost of Living in Singapore & Asia

29 April 2021

The Sim Kee Boon Institute (SKBI), together with the IMF - Singapore Regional Training Institute and DBS Bank, presented a live webinar on Inflation and Cost of Living in Singapore and Asia: Post-Pandemic Implications.

This two-part discussion sheds light on these issues from two angles. In part one, the panellists explore the potential for inflation overshooting in developed economies, after below-target-target outcomes for years. In the second part, the panellists look at emerging Asia, where a nascent recovery is underpinned by buoyant exports. Demand-pull inflation looks unlikely given the lack of large stimulus packages, possible delays in vaccination-driven normalization, and a distressed service sector. Still, Asia has traditionally imported inflation through food and energy channels; moreover, tight semiconductor, shipping, and consumer durables markets could boost costs this year. Understanding these opposing drivers affecting cost-of-living and inflation are critical for the design and effectiveness of fiscal and monetary policies.

CNA Leadership Summit 2021: Green Recovery

CNA Leadership Summit 2021: Green Recovery

22 April 2021

Professor Dave Fernandez, Director, Sim Kee Boon Institute for Financial Economics, SMU and Co-Director, Singapore Green Finance Centre, spoke as a panellist at the Channel NewsAsia Leadership Summit 2021, moderated by Ms Dawn Tan, CNA Presenter.

The panelists were:
Prof Dave Fernandez, Director, Sim Kee Boon Institute for Financial Economics, SMU and Co-Director, Singapore Green Finance Centre
Mr Michael Reed, Chief Executive Officer, RBC Singapore and Head of Wealth Management, Southeast Asia RBC Wealth Management
Ms Radish Singh, Financial Crime Compliance Leader, Deloitte Southeast Asia
Dr Bambang Susantono, Vice President, Knowledge Management and Sustainable Development, Asian Development Bank (ADB)

Watch the video recording, part 1.

Watch the video recording, part 2.

ADBI-SKBI Joint Virtual Conference on Digitalization and Sustainable Economic Development

ADBI-SKBI Joint Virtual Conference on Digitalization and Sustainable Economic Development

8 - 10 December 2020

The digital economy is improving productivity and competitiveness within and across economies. It could also have substantial positive effects on macroeconomic performance as well as enhance regional and global economic integration and help economies achieve the Sustainable Development Goals. At the same time, policy makers must consider digitalization’s impacts on international capital flows, trade, and labor markets.

This ADBI-SKBI virtual conference will feature new research on the role of digitalization in enhancing sustainable, inclusive, and balanced growth in Asia. Areas of exploration will include its potential to reduce market entry barriers, lower inequality, and foster social and economic inclusion. Identifying policies that can leverage digitalization to promote sustainable development will be an additional focus.

10th Annual SKBI Conference on COVID-19, Financial Fragility and Resilience

10th Annual SKBI Conference on COVID-19, Financial Fragility and Resilience

Webinar, 2 December 2020

Even before COVID-19, many families were living without a savings buffer sufficient to cover significant and unexpected expenses. The sizable economic shock created by this year's pandemic exposed the high financial fragility of many households. This year’s SKBI Annual Conference will feature a keynote by the economist behind the concept of household financial fragility, Prof. Annamaria Lusardi, who will also highlight the positive role that financial education and literacy can play in building resilience against shocks such as COVID-19.

Prof. Anna will then discuss the situation in different parts of Asia Pacific with the former Indonesian Finance Minister, Muhamad Chatib Basri, the Deputy Governor of the Central Bank of the Philippines (BSP), Chuchi Fonacier, and Melbourne Institute Director, Abigail Payne. The welcome address will be made by SKBI Advisory Board Chair and Singapore Exchange CEO, Loh Boon Chye.

Workshop on Electricity and Environmental Markets

Workshop on Electricity and Environmental Markets

23 – 25 November 2020

SKBI hosted a workshop on Electricity and Environment facilitated by Professor Frank Wolak, Stanford University and Professor Alex Galetovic, Universidad Adolfo Ibáñez (Chile) & Hoover Institution (Stanford) over the 1.5 days. The participants spent majority of their time playing the roles of generating companies and load-serving entities in the game simulation. The objective of the workshop is to gain real-world experience with how environmental policies such as renewables portfolio standards, carbon taxes, and cap-and-trade markets for greenhouse gas (GHG) emissions interact with outcomes in a wholesale electricity market with conventional and intermittent renewable resources.

ADBI-JBF-SMU Joint Conference on Green and Ethical Finance

ADBI-JBF-SMU Joint Conference on Green and Ethical Finance

16 - 18 September 2020

The Sim Kee Boon Institute for Financial Economics co-hosted with the Asian Development Bank Institute and the Journal of Banking and Finance, the Conference on Green and Ethical Finance on 16-18 September 2020. The climate change challenge has raised important questions on the role of the financial sector in transforming the global economy towards a carbon-neutral equilibrium. Similarly, the experience of the Global Financial Crisis has raised important ethical and governance questions for financial sector actors, with the result that ESG (environmental, social and governance) dimensions are increasingly important for practitioners, regulators and academics. These topics, however, have only slowly started to attract the interest of researchers. With this conference, we hope to deepen and broaden this new strand of the literature further and support the development of policy recommendations in this area for Asia-Pacific economies.

Is This Time Different? Navigating the Transition to a Post-Covid World

Is This Time Different? Navigating the Transition to a Post-Covid World

9 July 2020
Prof Carmen Reinhart - Vice President and Chief Economist, World Bank Group

Co-hosts:

  • Prof Maria Socorro Gochoco-Bautista, University of the Philippines
  • Prof Dave Fernandez, Sim Kee Boon Institute for Financial Economics, Singapore Management University

Guest questioners:

  • Carlos "Sonny" García Domínguez III, Secretary of Finance, Republic of the Philippines
  • Karl Chua, Acting Secretary of Socioeconomic Planning, Republic of the Philippines
  • Prof Benjamin Diokno, Governor, Bangko Sentral ng Pilipinas
The Importance of Data Connectivity in Financial Services

The Importance of Data Connectivity in Financial Services

6 February 2020

Speaker, U.S. Treasury Under Secretary for International Affairs, Brent McIntosh discussed the impact of data connectivity and cross-border data flows in financial services on economic growth and financial stability. The ability to hold and transfer financial information securely has always been essential to the safe and efficient provision of financial services – and thus to economic growth. Data connectivity is critical to driving the productivity growth that is a key source of higher living standards in the future. Cross-border data flows are also essential to supporting financial stability, to ensure financial regulators have access to the information required to fulfill their mandates and promote the safety and soundness of the financial system. When data connectivity is imperiled, firms, consumers, and regulators are all worse off, and we risk losing out on the benefits of today’s digital economy. Under Secretary McIntosh discussed how policymakers can address these new and complex issues and why greater cooperation among financial authorities is key to ensure we all achieve the benefits of enhanced data connectivity in financial services.

9th Annual SKBI Conference 2019 on “Sustainable Finance”

9th Annual SKBI Conference 2019 on “Sustainable Finance"

7 – 8 November 2019

“Sustainable Finance” is one of the emerging research areas that we now focus on at the Sim Kee Boon Institute for Financial Economics (SKBI) and is also the title of our 9th Annual SKBI Conference. This two-day event, hosted in partnership with the TBLI Group of the Netherlands, will occur on 7-8 November 2019. The conference is intended for practitioners, policymakers, and academics. Along with plenary session keynote speeches and panels, there will be four separate sessions of parallel workshops to allow for smaller-group interactions.

Macroeconomic Stabilization in the Digital Age

Macroeconomic Stabilization in the Digital Age

16 – 17 October 2019

Over the past decade, the global financial crisis and the rise of the digital economy have created new challenges for the management of the economy. During this period, emerging economies have had to deal with large and volatile capital flows. While such capital flows can have substantial benefits for economies in terms of growth and development, they can also pose substantial risks if not properly managed. Achieving macroeconomic stability can be fraught with difficulty when capital inflows lead to greater volatility of domestic consumption, currency and maturity mismatches, as well as boom/bust cycles in asset prices. New approaches to capital flow management and improving resilience to capital flow shocks are thus more important than ever.

In conjunction with these developments, the onset and growth of fintech has implications for cross-border capital flows. Innovations related to payments systems, maturity transformation, and the allocation of capital can create challenges for macroeconomic stabilization to the extent that they disrupt the efficacy of policy tools used to manage the economy.

Selected papers were featured at the conference hosted at the Sim Kee Boon Institute at the Singapore Management University in Singapore on 16-17 October 2019.

Asia Pacific Financial Education Institute

Asia Pacific Financial Education Institute

16 - 17 September 2019

The Asia Pacific Financial Education Institute (APFEI) is a forum for presentation and discussion of financial education research. For this event, SKBI has partnered with the world's leading center for financial literacy research and policy, the Global Financial Literacy Excellence Center (GFLEC). Modelled after the “Cherry Blossom Financial Education Institute” held annually in Washington, DC, the APFEI’s goal is to promote excellent work in this field, foster research that can inform policy, and identify effective financial education programs, with a particular emphasis on Asia.

Dialogue with Dr Mary Daly

Dialogue with Dr Mary Daly

7 June 2019

SMU Sim Kee Boon Institute for Financial Economics (SKBI) is honoured to host Dr Mary Daly, President & CEO, Federal Reserve Bank of San Francisco for a "Dialogue with Students" on 7 June 2019 at SMU.

 

 

Textual Sentiment and Sector specific reaction, by Professor Wolfgang Hardle

Textual Sentiment and Sector specific reaction, by Professor Wolfgang Hardle

12 March 2019

ESG & Impact Investing: Current Status & Lessons Learned, by Robert Rubinstein

ESG & Impact Investing: Current Status & Lessons Learned, by Robert Rubinstein

22 January 2019

 High-mixed Frequency Forecasting Methods with Applications to Philippine GDP and Inflation

High-mixed Frequency Forecasting Methods with Applications to Philippine GDP and Inflation

23 November 2018

Demystifying ICOs, Tokens, and Digital Currencies

Demystifying ICOs, Tokens, and Digital Currencies

12 November 2018

Fed official Bullard speaks in Singapore

Fed official Bullard speaks in Singapore

8 October 2018

8th Annual SKBI Conference 2018 on "Charting a Roadmap toward a New Data Regime for the Digital Economy"

8th Annual SKBI Conference 2018 on "Charting a Roadmap toward a New Data Regime for the Digital Economy"

20 - 21 June 2018

7th Annual SKBI Conference 2017 on "Advances in Data Science and Implications for Business"

7th Annual SKBI Conference 2017 on "Advances in Data Science and Implications for Business"

26 May 2017

6th Annual SKBI Conference 2016 on FinTech and Financial Inclusion

6th Annual SKBI Conference 2016 on FinTech and Financial Inclusion

"Nascent financial technologies for enhancing access to finance"
18 - 19 August 2016

The global financial landscape is changing with the advent of technologies such as blockchain, big data analytics, social networks and mobile payments. With the innovative use of technology (especially through cost reduction), the previously unbanked are now gaining access to financial services. lnclusivity is the next growth frontier in banking and finance. In this area, financial institutions face increasing competition from non-banks such as internet companies, telcos and start-ups that have moved into financial services through payment platforms; reaching the masses. Notable companies include Alipay (Ant Financial}, M-Pesa, Tencent, Google and Apple, 
The conference aims to explore the growing use of financial technologies and how they can contribute to financial inclusion. Expert speakers (from various regions such as Sub­saharan Africa, China, Japan and Asia), working in the area of technology and inclusion, will deliver their insights through keynote speeches and in-depth panel discussions. 

Related Article: 6th SKBI Annual Conference discusses Fintech and Financial Inclusion

SKBI-BFI Conference on "Smart Nation, Silicon Valley Technology and Connectivity Inclusion"

SKBI-BFI Conference on "Smart Nation, Silicon Valley Technology and Connectivity Inclusion"

17 November 2015

In November 2014, Singapore's Prime Minister announced a wide range of initiatives (including aging, mobility and data sharing) to transform Singapore into a Smart Nation. The aim is to harness technology to make lives more convenient; improving connectedness within the country. Smart technology can also expand Singapore business into the region especially the ASEAN countries. 

Our conference aims to create a forum for Singapore institutions to explore Silicon Valley technologies and their potential and will offer insights into the latest technologies which could be relevant and beneficial to the Smart Nation program. It will also serve as a platform for Silicon Valley to learn about this initiative in Singapore. Participants include a mix of major players from Singapore, Silicon Valley and global investors. 
Startups, accelerators, incubators and VCs from Silicon Valley will be invited to speak at the conference. This includes presentations from tech companies and startups with products or services which could be interesting for the Smart Nation initiative. 

5th Annual SKBI Conference 2015 on "Digital Banking, Financial Inclusion and Impact Investing"

5th Annual SKBI Conference 2015 on "Digital Banking, Financial Inclusion and Impact Investing"

6 - 7 May 2015

Traditionally, Financial Inclusion, such as P2P lending, Crowdfunding and micro­insurance, and Impact Investing are seen as the investment universe for those engaging in corporate social responsibility and not a mainstream activity. However, recent exodus of high-level bankers and "strats" to Fin Tech companies have increased the awareness of the disruption and opportunities in Digital Banking, Internet Finance, Blockchain and Consensus Ledgers. The listing of Lending Club that raised USS870 million last year has heightened concerns that the use of smart data from Internet and mobile wallet will begin to further threaten the profit margins of traditional banks, which already have been disrupted by Alibaba's Ants Financial (Alipay) and Safaricom's M-PESA. As a consequence of QE and after the steep run up of real estate and commodity prices, investors have also been searching for asset classes that exhibit negative correlation with the market. We are predicting for the next five years, alternative finance will be an area worthy of attention. Investors and financial institutions seeking for profit opportunities and higher return on equity in a low-growth environment flushed with liquidity will do well to take advantage of the digital revolution. 

Inaugural CAIA-SKBI Cryptocurrency Conference 2014

Inaugural CAIA-SKBI Cryptocurrency Conference 2014

4 November 2014

Sim Kee Boon Institute for Financial Economics (SKBI) in conjunction with Chartered Alternative Investment Analyst Association (CAIA) is honoured to host the'lnaugural CAIA-SKBI Cryptocurrency Conference 2014' on the 4th of November 2014. Cryptocurrencies have been gaining much attention recently as we observe industry leaders and institutions taking part in discussions on Bitcoin or buying stakes in the cryptocurrency industry. It can potentially change the way businesses are conducted, and challenge established institutions such as central banks, exchanges, and even governments. This conference will be an opportunity for industry professionals and regulators to improve their understanding of the area and explore how their institutions can address or engage in this technology. We aim to explore implications of crypto-currencies and the underlying technologies via in-depth panel discussions with industry stake holders; this will include financial institutions, venture capitalists, cryptocurrency entrepreneurs, lawyers and accountants. 

SUBSCRIBE TO SKBI MAILING LIST*

Be alerted on SKBI news and forthcoming events.

Newsletter checkboxes

*Please note that upon providing your consent to receive marketing communications from SMU SKBI, you may withdraw your consent, at any point in time, by sending your request to skbi_enquiries [at] smu.edu.sg (subject: Withdrawal%20consent%20to%20receive%20marketing%20communications%20from%20SMU) . Upon receipt of your withdrawal request, you will cease receiving any marketing communications from SMU SKBI, within 30 (thirty) days of such a request.