zeti akhtar aziz : roadmap of financial integration for malaysia and asean – what can business expect? speech by dr zeti akhtar aziz, governor of the central bank of malaysia ( bank negara malaysia ), at the asean business club corporate networking lunch “ roadmap of financial integration for malaysia and asean – what can business expect? ”, kuala lumpur, 1 december 2014. * * * in this more challenging global economic and financial environment, asean economies have demonstrated the ability to weather the turbulent storms experienced in this decade. the asean economies have essentially benefitted from the payoffs from our earlier economic and financial restructuring and reforms. our potential is now being further enhanced by steps to intensify our regional economic and financial integration. in particular, the region has taken the opportunity during our period of growth and stability within this decade to pursue regional financial integration. it is my honour to be invited today to this distinguished gathering of corporate leaders organised by the asean business club to speak on the subject of financial integration in asean. my remarks today will touch on our motivation for pursuing regional financial integration, the benefits to be gained from advancing this agenda and the different approach that is being adopted by asean in comparison to that which has been pursued by europe. i will also discuss the progress and future direction of this integration process, its future direction and the opportunities that this integration process will provide to the business community. for more than three decades, asean has sustained high economic growth. asean is currently one of the fastest - growing and most dynamic regions in the world. according to the international monetary fund ( imf ), economic growth in the region is expected to be sustained at an average of 5. 3 % over the next five years to reach usd3. 6 trillion by 2019, five times the size it was a decade ago. additionally, is also the significant increase in the middle class population in asean. with a population of more than 600 million people, this trend will create a significant final demand in the global economy. this is reinforced by rising income in the region. per capita income in asean has almost trebled in this recent decade. asean is therefore becoming a thriving hub in consumer demand. by 2020, asean is estimated to contribute to more than half of the total global middle class population, representing more than usd2 trillion of new consumption within the region. along with the development of more robust cross - border supply chains in the region, economic integration of asean has occurred on several fronts. in

£50 note character selection announcement speech given by mark carney governor of the bank of england science and industry museum, manchester 15 july 2019 i am grateful to clare macallan for her assistance in preparing these remarks, and to matthew corder, toby davies, sarah john, elizabeth levett, debbie marriott and james oxley for their help with background research and analysis. all speeches are available online at www. bankofengland. co. uk / news / speeches it ’ s a pleasure to be at the science and industry museum in manchester. these galleries testify to the uk ’ s rich history of discovery in science, technology and industry. a little more than eight months ago, the bank sought to recognise the uk ’ s extraordinary scientific heritage by asking people across the country to “ think science ” in order to help us choose the character to feature on the new £50 note. we were overwhelmed by the response. in six weeks, almost a quarter of a million nominations were submitted, from which we distilled a very long list of nearly 1, 000 unique characters. 1 the hard work of narrowing down these names to a shortlist of twelve options required the incomparable knowledge and tireless work of the banknote character advisory committee. 2 on behalf of the bank, i would like to thank the external members of the advisory committee – dr maggie aderin - pocock, dr emily grossman, professor simon schaffer, dr simon singh, professor sir david cannadine, sandy nairne and baroness lola young – for their invaluable expert advice and unbridled enthusiasm. the characters that made it through to the final shortlist were : mary anning charles babbage and ada lovelace paul dirac rosalind franklin stephen hawking caroline herschel and william herschel dorothy hodgkin james clerk maxwell srinivasa ramanujan ernest rutherford frederick sanger alan turing the shortlist epitomises the breadth and depth of scientific achievement in the uk. their work covers both the theoretical and the practical, and spans from the smallest building blocks of the universe to the nature of life itself. characters must be non - fictional and deceased. we also need to ensure that a suitable, easy to recognise, portrait of the person is available. https : / / www. bankofengland. co. uk / about / people / banknote - character - advisory - committee. all speeches are available online at www. bankofengland. co