SIIA council member Ho Seng Chee was quoted in a CNBC article on April 10, on the challenges of the World Bank in the near future.
Mr Ho, who used to work for the IMF, said that the bank''s role in financing is decreasing more and more.
He said: "With the development of global capital markets, the bank''s role in financing is
decreasing and will continue to decrease".
To read more, go to the CNBC article here.