Financial Innovation Transformation Journey to Singapore: Exploring Future financial Trends

(7 days 6 nights)

【Project background】

Asian financial center

Singapore is a tiny city-island nation with an extreme lack of natural resources. However, since its founding in 1965, Singapore has achieved great success in economic development in just over 50 years, becoming one of the four developed countries in Asia and becoming the financial center of Asia today.

The gathering place of Asia headquarters of the world's top 500 companies

As one of the "Four Little Dragons", Singapore not only has a beautiful environment, the reputation of "garden city" is widely known, and has been rated as one of the world's livable areas for 16 consecutive years. Nowadays, as the scale of global wealth has risen, the scale of the world's rich has become even larger. As one of the world's largest financial centers, Singapore not only has a leading position in international finance, trade finance, maritime finance, insurance, financial operations, but also tends to be a leader in asset and wealth management. In addition, Singapore is also the world's third largest foreign exchange trading center, with a sound financial system, attracting many regional financial institutions to settle here, nearly one-third of the Fortune 500 companies choose to set up their Asian headquarters in Singapore.

Good legal and policy environment

In Singapore, banking rules and regulations can be found in the relevant acts passed by Parliament (and their associated subsidiary regulations), while the principles and rules of common law and equity are derived from case law. These legislations regulate the banking sector in Singapore and ensure that the legal framework for banking in Singapore keeps pace with new developments in the financial sector.

Go on a study tour to Singapore to investigate the current market status of popular investment immigrant countries and learn advanced investment schemes and asset allocation strategies in overseas markets.

MICI GROUP launches "The Strategic Upgrade Study Tour in Singapore" to help you meet your wealth and foresee the future.

【Itinerary highlights】

● Explore the world's garden city, explore smart city, and open up an international perspective

One of the Four Little Dragons and the world's garden city - Singapore

● Zero distance dialogue with lecturers, listen to authoritative professional courses

Digital Economy and Financial Digitization in Singapore

Financial Innovation in Wealth Management

●  Four well-known Singapore enterprises visited to learn about the composition of the industry innovation value chain

One of the largest online shopping sites in South Asia - Lazada e-commerce company

Singapore's Innovation Works - BLOCK71

Grab, one of the most highly valued startups in Southeast Asia

One of the largest commercial banks in Singapore - DBS Bank

● Walk around Singapore and feel the unique exotic culture

Merlion Park, Little India, Arab Street, Buddha Tooth Relic Temple and Museum, National Museum of Singapore, Marina Bay Sands Casino, Sentosa Island

【Itinerary arrangement】

Day1 From Shanghai to Singapore

Whole day: Arrival in Singapore

City Guide: Singapore is a developed capitalist country with the first urban infrastructure in the world. It was once known as the "Four Little Dragons" along with Hong Kong, Taiwan and South Korea. According to the Global Financial Center Index ranking report, Singapore is the third largest international financial center after New York and London, an important financial services and shipping center in Asia, an island country in Southeast Asia, an important transit port in the world and an aviation center connecting Asia, Europe, Africa and Oceania. In 2022, the GDP reached 643.5 billion Singapore dollars (about 467.18 billion US dollars), with a per capita GDP of 114,000 Singapore dollars (about 83,000 US dollars).

Day2 In Singapore

A.M.: Lecture by Big Name

Lecture Theme:Financial Innovation in Wealth Management

Lecture Description:This course will focus on the laws of macroeconomic development and the policy connotation of macroeconomic regulation, guide enterprises to better understand the basis and trend of economic development, and master the basic concepts of consumption, investment, import and export, government purchase and other aspects of macroeconomic economy. Master the principles, laws and analytical models of macroeconomic development, be able to identify real economic phenomena, analyze their causes and judge their impact; Understand the means and specific measures of macroeconomic regulation and control, and be able to reasonably use them to propose solutions to macroeconomic problems.

Harvest: Understand global economic trends and strategies to help businesses quickly adapt to the changing post-pandemic environment.

P.M.: Lecture by Big Name

Lecture Theme: Business Model Innovation and Value Proposition Design

Lecture Description: Peter Drucker, the founder of modern management, believes that the core function of an enterprise is to "create customers and create demand". The mission of businesses and entrepreneurs is to proactively explore people's needs at all levels in a creative way, to respond positively and effectively balance customer needs. The connotation of customer demand is "value", that is, people voluntarily pay a price to obtain personalized utility, in popular terms, is "whether it is useful to me, and the replacement value of pay is not worth it." Then, as the DNA of the enterprise, the business model that describes the life characteristics of the enterprise must of course have a clear value proposition. Both are mutually conditional and indispensable.

Harvest: Professor of the National University of Singapore Business School, has a wealth of market experience, personally teach business models and value positioning secrets.

Day3 In Singapore

A.M.: Business Visit - DBS Bank

Conference Theme: The application of innovative technology in the financial industry

Corporate introduction: DBS is Asia's leading financial services group with more than 250 branches operating in 17 markets. Headquartered in Singapore and listed in Singapore, DBS is rapidly developing its business in Asia, focusing on three main growth areas, namely Greater China, Southeast Asia and South Asia. DBS 'capital adequacy and high AA- and Aa1 credit ratings lead the banking sector in the Asia Pacific region. Since 2009, DBS Bank has been named "the Safest Bank in Asia" by Global Finance magazine for six consecutive years. Come to DBS Bank, learn the experience of technological innovation and digital transformation in the financial services industry, and understand the application of innovative technology in the financial industry!

A.M.: Business visit -BLOCK71

Conference Theme: Investment status and future expectations of Singapore startups

Corporate introduction: BLOCK71 was founded by Dr. Kai-fu Lee in September 2009, as a domestic venture capital institution, Innovation Works is deeply engaged in artificial intelligence and hard technology, robotics and automation, chip/semiconductor, enterprise service software, medical and other fields, and constantly explore and innovate, committed to building a set of entrepreneurship platform. As Dr. Kai-fu Lee said, artificial intelligence is a huge opportunity for China to lead the world, and it is also a huge opportunity that BLOCK71 needs to seize. Walk into Blk71, feel the surging technology atmosphere and innovation spirit in Singapore, and understand the investment status and future expectations of Singapore's start-ups.

Day4 In Singapore

A.M.: Business visit - Lazada(Lazada) e-commerce company

Corporate introduction: Lazada is one of the largest online shopping sites in Southeast Asia. Backed by German startup incubator RocketInternet SamwerBrothers, Lazada targets users in Indonesia, Malaysia, the Philippines and Thailand, and sees how multinationals can leverage the Singapore market to gain insight into Asian consumers. Develop product strategy for the Asian market.

P.M.: Business visit - Grab

Conference Theme: Grab's winning strategy in Southeast Asia

Corporate introduction: Grab is a Southeast Asian unicorn enterprise, started from taxi services, and now involves travel, finance, logistics, food delivery, rental and other fields. Grab is one of the startups with a high valuation in the Southeast Asian market and has won the contest with Uber. With the support of SoftBank, Microsoft, Hyundai and other consortia, it raised nearly $3 billion in 2018, and has invested in companies including OYO. This time, we will dive into Grab and learn from Grab's business strategy in the Southeast Asian market.

Day5 In Singapore

Whole day: Cultural experience

Featured attractions: Merlion Park, Little India, Arab Street, Buddha Tooth Relic Temple and Museum, National Museum of Singapore, Marina Bay Sands Casino, Sentosa Island.

Recommended Reason: As a nation of immigrants, Singapore brings together people from all over the world, bringing with them a wealth of culture, traditions and habits. This intersection of Eastern and Western cultures has created a unique and colorful multicultural society. On this tour, we will experience the multicultural experience of immigrants in Singapore and the impact of this cultural integration. Through open-mindedness, religious diversity and cultural innovation, Singapore has set an example for the world of diversity and coexistence, and it also provides us with a valuable cultural inspiration: the exchange and integration of different cultures can create a more rich, inclusive and prosperous society.

Day6 In Singapore

Whole day: Cultural experience

Feature attractions: One day trip to Sentosa

Recommended Reason: A popular family holiday destination in Asia

Attraction Introduction: Sentosa Island (English: Sentosa) is located in the south of Singapore, is a famous seaside tourist island in Southeast Asia, and the sea bridge will connect it with Singapore Island. Santosamalai means peace and quiet, and elegance is a major feature of the island. The island has beautiful beaches, tall palm trees, and many beautiful attractions, which together create a wonderful tropical melody. The blue waters surround the island with canna, pine, coconut and other tropical trees and flowers. Beautiful environment, many tourist attractions, known as the "Holiday Paradise".

Day7  From Singapore to Shanghai

Whole day: Arrival in Shanghai