Thank you to the Monetary Authority of Singapore for the invitation to speak today—and for hosting this important event. While I hope we can have these big conversations in person again soon, I am grateful for all the ways that technology has kept us connected during the pandemic.

We’ve seen this year how online has been a lifeline. In Southeast Asia, 8 out of 10 people said that technology helped them navigate the pandemic, whether it was families searching for the latest COVID-19 information, small businesses using digital tools to reach new customers or students continuing to learn remotely.